9 of best energy etf https://money.usnews.com/investing/funds/slideshows/9-of-the-best-energy-etfs-to-watch?src=usn_invested_nlThese affordable funds give investors many options to tap into the potential for profits
. Energy Select Sector SPDR Fund (ticker: XLE). XLE is the largest energy sector fund as measured by assets under management, with about $1
5.
5 billion in market value at present. It's a simple way to play the sector, and a very liquid ETF that is reasonably priced, with an expense ratio of just 0.13 percent, or $13 annually for every $10,000 invested.
It’s worth noting, however, that the fund is not very diversified. With 30 holdings and roughly 40 percent of the entire portfolio allocated to mega-caps Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX), one big move in either of these stocks can really affect the fund. Still, the fund is popular and widely held.
2. Invesco S&P
500 Equal Weight Energy ETF (RYE). If you don't like putting all your eggs in one basket, you can avoid the overreliance on Exxon and Chevron with this fund. The RYE similarly has about 30 holdings spanning the largest and most influential energy stocks, but uses an equal-weight strategy and rebalancing to ensure each position represents about 3 percent of the portfolio.
That adds diversification, but many large-cap energy stocks on this list like exploration player Occidental Petroleum Corp. (OXY) or oilfield service company Baker Hughes (BHGE) are in many ways subject to the same industry pressures and may not necessarily differ tremendously in their performance. – Jeff Reeves
I likely will add energy etf soon dca or buy more of PBA
Does Anyone Care About Year-Ahead Outlooks? The article is of moderate interest though you won't learn anything that increases your net worth except possibly to not pay for macro advice.The problem is if 10 experts make predictions and 3-5 are correct (optimistic but possible)how will you know who to follow.
Still mulling the field of foreign small cap growth/blend funds I was weaned from small cap growth/similars in the dot.com bust. Many of the funds mentioned above had 56-70% MaxDraw during 08-09. They seem to sell off first and hardest. In my mind, that statistic alone negates any other positive metrics... particularly this late in the business cycle. But, we all manage our own hard earned $$$ so to each his own.
Still mulling the field of foreign small cap growth/blend funds @msf: BCSVX is also heavily invested in tech and healthcare, another form of concentration. GISOX has only 1
5% in small and micro caps, while DRIOX is almost 2/3 in mid caps. It may well be that you'll need two or three funds to do the job.
Still mulling the field of foreign small cap growth/blend funds There are no perfect funds, which is why I asked about thoughts. Tough year or not, BCSVX is turning in (relatively speaking) outstanding performance. I'm trying to remember why I didn't include this fund in my list. Could be the somewhat high fee (1.5%), or the very concentrated nature of the fund (40% in the top ten holdings).
Some people like this - the concentration, obviously not the fees - but the risk concerns me. On the other hand, throw together three concentrated (and non-overlapping) funds, and I could see building a portfolio like that.
Still mulling the field of foreign small cap growth/blend funds It's been a rough ride this year, but I still have faith in BCSVX. Very low turnover reported by M* will result in a total distribution of 4-5 cents. On the other hand, BCSIX will make a much larger distribution this year.
RiverNorth/DoubleLine Strategic Opportunity Fund Announces Approval Of A 12.5% Level Distribution Big hitters managing this CEF: Galley, Sherman, Gundlach. They are promising to distribute 12.5% for the coming calendar year, based on the fund's NAV in late December. Currently trading at an 11% discount, the fund is 25% leveraged, and up to this point in 2018 it has returned 43 cents per share as Return of Capital. (Headache for shareholder at tax time.) This is only the third year of its existence. They can't be accused of offering plain vanilla.
Still mulling the field of foreign small cap growth/blend funds Thanks for the thoughts.
I agree (with slick) that it usually takes some time for a new manager to put his own imprint on a fund. Not infrequently the old fund does at least as well as the new fund even after that. A too easy example is PIMCO/Bill Gross. Sometimes, both funds do well (TCW/Gundlach). Wait and see sounds reasonable.
It looks like DRIOX is open (though it is closed at some brokerages, e.g. Vanguard). It's TF at Schwab and Fidelity, and NTF at Merrill Edge. A quick glance shows performance, asset mix (small, growth oriented; fair smattering of EM), and cost 1.23% all adding up to a reasonable candidate. But what is going on with 143% turnover? I haven't looked closely into this yet. The other funds you (shadow) have are closer to 25% turnover.
I do have access to the other two funds (maintaining a small toehold for just such a use), so that's not a concern for me. Though I checked with T. Rowe Price and they will not move a holding in kind from an IRA to a taxable account. So if one is planning to gain access that way, be forewarned.
Out of curiosity, what's your thinking in holding a few different funds in the same space? Personally, I find that if there are two (I try to keep it down to that number) or three that I really can't decide between, I'll put money into all of them. After a few years, either I feel more comfortable with one of them and stick with that one, or still don't find much difference. In that case, I'll say what the heck and just pick one since the choice among them doesn't seem to make a difference.
