Caution on Coal: Exports Surge Doesn’t Herald Reversal of Fortunes
August 17, 2017 at 11:20 AM EDT
After nearly doubling to rank as one of 2016’s best-performing non-leveraged exchange traded funds, the VanEck Vectors Coal ETF (NYSEArca: KOL) is up nearly 18% this year and has been surging off its June lows. KOL was boosted in significant fashion last year on expectations that President Donald...