Energy ETFs Oversold as Oil Prices Enter Bear Market?
August 04, 2016 at 10:25 AM EDT
Oil prices recently reentered a new bear market, but equity-based energy exchange traded funds, broadly speaking, deserve some credit. Those ETFs have been holding up pretty well considering oil’s recent slump. For example, the Energy Select Sector SPDR (NYSEArca: XLE), the largest...