During both of President Obama’s election campaigns, energy seemed to be one of the hottest topics of debate. Both sides of the political fence argued for continued growth and expansion of the U.S. energy industry; the ideal means of achieving this goal, however, were quite different according to each candidate [see Energy Equity ETFs: 4 Things To Consider]. Coal, in particular, faced significant scrutiny from Obama’s administration. Subsequently, investments in the coal industry have faltered in recent years, and so has the only ETF offering targeted exposure to the commodity – the Market Vectors Coal ETF . KOL Stuck in a Rut Van Eck‘s KOL made its debut in January of 2008, and it is still the only fund available that specifically targets the coal industry. The ETF tracks the Stowe Coal Index, which invests in publicly traded companies worldwide that derive greater than 50% of their revenues from the coal industry. The [...] Click here to read the original article on ETFdb.com. Related Posts: ETFdb’s 2013 Holiday Portfolio Recap: XRT, KOL, IYT, CUT, COW Energy Equity ETFs: 4 Things To Consider Daily ETF Roundup: Stocks End Narrowly Mixed; KOL And IYM Pop 10 Worst-Performing ETFs In 2012 Best And Worst Sector ETFs Of 2012
During both of President Obama’s election campaigns, energy seemed to be one of the hottest topics of debate. Both sides of the political fence argued for continued growth and expansion of the U.S. energy industry; the ideal means of achieving this goal, however, were quite different according to each candidate [see Energy Equity ETFs: 4 Things To Consider]. Coal, in particular, faced significant scrutiny from Obama’s administration. Subsequently, investments in the coal industry have faltered in recent years, and so has the only ETF offering targeted exposure to the commodity – the Market Vectors Coal ETF . KOL Stuck in a Rut Van Eck‘s KOL made its debut in January of 2008, and it is still the only fund available that specifically targets the coal industry. The ETF tracks the Stowe Coal Index, which invests in publicly traded companies worldwide that derive greater than 50% of their revenues from the coal industry. The [...]
Click here to read the original article on ETFdb.com.
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