Energy ETF Investing

energy etfInvestors looking for energy ETF alternatives have several choices.

Start with Van Eck Global’s Market Vectors Global Alternative Energy ETF (GEX). GEX tracks the Ardour Global Index(sm) which provides targeted exposure to 30 companies worldwide that are engaged in the alternative energy industry.

State Street offers three options in the SPDR Sectors. The Energy Select Sector SPDR® Fund (XLE) tracks the Energy Select Sector Index which is a composite of the energy sector of the S&P 500 (R) Index. The Energy Select Sector Index includes companies from the oil, gas & consumable fuels and energy equipment & services industries.

Other energy ETFs include the SPDR S&P Oil & Gas Equipment & Services ETF (XES) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP). Both ETFs track indices that represent sub-industry portions of the S&P Total Market Index.

The S&P TMI tracks all the U.S. common stocks listed on the NYSE, American Stock Exchange, NASDAQ National Market and the NASDAQ Small Cap exchanges. TMI is an equal weighted market cap index.

Vanguard’s Energy ETF (VDE) tracks the performance of the Morgan Stanley Capital International® (MSCI®) US Investable Market Energy Index. The index is made up of large, medium, and small U.S. companies whose businesses are dominated by either energy-related service and equipment or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.

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