Three More Energy ETFs Your Broker Forgot To Tell You About

A couple of weeks ago, we touched on several strong ETF plays that track the energy sector that don't get a lot of fanfare. Regardless of that lack of acclaim, those funds all represent viable options for profiting from rising oil prices. Well, the good news is there are even more energy ETFs that aren't going to win any popularity contests, but are close to or are breaking out to new highs as well. This list has an international flair to it along with a leveraged play that doesn't seem to be getting much press, but certainly has the potential to deliver rapid gains in short order. With that, here are three more energy ETFs investors might want to have a look at. 1) EGShares Emerging Markets Energy ETF EEO: Like most of the EGShares suite of ETFs, EEO focuses on emerging markets and that's not a bad thing when it comes to the energy sector. EEO holds 24 very large stocks (average market cap: $52.9 billion) and the neat thing about this ETF is that offers plenty of exposure to Russia without being a pure play on the country like the Market Vectors Russia ETF RSX. Three Russian energy giants are found in EEO's top-10 holdings and the ETF is also a fine way to gain exposure to Cnooc CEO and PetroChina PTR without paying triple-digit prices for the individual stocks. Petrobras PBR is another familiar name in EEO's top-10 holdings. One knock with EEO is its 0.85% expense ratio, but the near- to medium-term upside potential EEO offers could mitigate those fees. 2) SPDR S&P International Energy Sector ETF IPW: As EEO is to emerging markets energy giants, IPW is to European energy titans. If you're having a hard time deciding between Royal Dutch Shell RDS, BP BP and Total TOT, Europe's three largest oil companies, respectively, split the difference and get exposure to all three. Those names account for about 30% of IPW's weight. The expense ratio is fair at 0.5% and if you're looking for an ETF to compare IPW to, try the WisdomTree International Energy ETF DKA, which we highlighted on our last list. 3) Direxion Daily Nat Gas Related Bull 2X Shares FCGL: If you're looking for a leveraged equivalent to the First Trust ISE-Revere Natural Gas Index Fund FCG, FCGL is the answer. There is a fair amount of leveraged energy ETFs that are well-known and feature robust average daily volume. FCGL isn't one of them, but one look at the chart will have you saying "Who cares?" FCGL just broke resistance at $80 and if you're feeling bullish about FCG, why not ratchet things up a notch and capture some big short-term gains with FCGL? Remember that as a leveraged fund, FCGL's expense ratio is bound to be high and it is at 0.95%.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasNewsSector ETFsShort IdeasSpecialty ETFsEmerging Market ETFsIntraday UpdateTrading IdeasETFsEnergyIntegrated Oil & GasOil & Gas Exploration & Production
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!