Given the impressive trends, many energy ETFs now carry a Rank #3 against #4 or #5 in the latest ratings update.
The ETF headlines in May were ruled by the reopening of economies, hopes for a COVID-19 vaccine and global economic stimulus.
Despite the huge surge in oil prices, energy ETFs have not kept up with the trend.
The Zacks Analyst Blog Highlights: PSCD, XES, SGDJ, PSCM and PSCI
While there are winners in almost every corner of the small-cap space, we have presented five top-performing, small-cap ETFs from different sectors over the past month.
The energy sector has been holding up well this quarter, rising more than 18%.
The energy sector bounced back strongly in Thursday's trading session as oil price rallied more than 25% on hopes of a truce in the Saudi-Russian oil price war and China buying crude.
Sector ETF report for XES
These are the best and worst-performing ETFs of March.
The epidemic has affected almost each and every corner of the broader market, commodities as well as fixed income. Some sectors have been hit hard while a few have bumped up.
Oil price has been in a freefall on a combination of excess supply and shrinking demand. Here, we have tried to figure out the impact of the commodity decline on ETF world.
We have highlighted ETFs & stocks from the scetor that are most exposed to the damage caused by the malaise.
Declining demand and OPEC+ producers' inability to crack an output cut deal dragged down oil prices and triggered a price war. These ETFs should be watched closely.
Oil price jumped following political instability in the Middle East and North Africa that halted output and exports from key OPEC producers.
Easing U.S.-China trade feud, global monetary policy easing, lesser ambiguity surrounding Brexit, lower OPEC output, falling U.S. rigs and escalating Middle East tensions to boost oil prices in 2020.
Inside the ETF gainers and losers of last week.
Energy ETFs are quite a scare this Halloween, thanks to a subdued earnings picture, operating woes, dismal demand outlook and downbeat stock market performance.
Wall Street ended higher last week primarily buoyed by positive developments in U.S.-China trade talks. We have highlighted last week's best and worst-performing ETFs.
Allegations surrounding Iran's involvement are increasing geopolitical tensions in the Gulf region. Also, uncertainty about time needed by Saudi Arabia to return to full-capacity production adds to the...