Higher Interest Rates Could Benefit Energy ETFs
September 22, 2016 at 10:40 AM EDT
The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, is one of the best performers among the sector SPDR suite of ETFs this year. Obviously, rebounding oil prices are playing a significant role in XLE’s 2016 resurgence, but higher interest...