Fund BasicsSee More
- Fund Family State Street Global Advisors
- Assets Under Management 8,591,429,600
- Market Capitalization, $K 8,591,430
- Shares Outstanding, K 179,474
- 60-Month Beta 1.20
|Period||Period Low||Period High||Performance|
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-11.06 (-20.00%)since 01/28/20
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-15.25 (-25.63%)since 11/27/19
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-21.01 (-32.20%)since 02/28/19
Sector ETF report for FENY
The OPEC and its allies including Russia are reportedly in discussion for deeper output cuts by another 500,000 barrels a day to stabilize the coronavirus-infected oil price.
Earnings from Exxon Mobil and Chevron aggravated concerns of the energy sector, which has been struggling from demand slowdown due to the coronavirus outbreak.
Let's delve into the earnings picture of Exxon Mobil and Chevron that dominate the popular ETFs portfolio and have the power to move the funds up or down in the coming days.
Schlumberger and Halliburton have surpassed earnings estimates in Q4 and put these ETFs in focus.
Oil price jumped following political instability in the Middle East and North Africa that halted output and exports from key OPEC producers.
As China promises to increase purchases of oil and gas from the United States under the phase-one trade deal, we highlight some ETFs that can gain.
The movements in these sector ETFs should be watched closely as the phase-1 trade deal is being signed and there is no tariff relief for a huge chunk of goods until phase-2.
Inside the ETF asset flow of 2019.
Given one of the best years for oil price, the energy sector enjoyed a strong surge.