Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Best Oil Stock ETFs as Oil Prices Rise
The oil price has been soaring higher since the start of the Iran war. The volley of missiles and drones over the Gulf states and the closure of the Straits of Hormuz has raised concerns over oil supply and hence a hike in prices.
Claim 70% Off TipRanks Premium
Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
Stay ahead of the market with the latest news and analysis and maximize your portfolio’s potential
Brent crude was up around 5% today to hit $100. Over the last month it is up 34%.
Let’s take a look at two oil ETFs which benefited today from our Best Oil, Gas and Consumable Fuels ETFs list.
First Trust Natural Gas ETF (FCG)
FCG is a dynamic investment vehicle designed to capture the growth potential within the energy sector, specifically focusing on the lucrative niche of Oil, Gas & Consumable Fuels. This ETF presents an opportunity for investors to gain targeted exposure to the natural gas industry, a critical component of the global energy market known for its cleaner-burning characteristics compared to other fossil fuels.
It has 40 holdings including Conocophillips (COP) and Diamondback Energy (FANG). It has $651.78 million in Assets under Management. Today it was up 0.19%. Over the last three months it is 18% higher.
iShares U.S. Power Infrastructure ETF (POWR)
As a sector-focused ETF, it aims to reflect the performance of the MSCI ACWI Select Energy Producers Investable Market Index, which includes companies primarily engaged in the extraction and production of energy resources. This ETF is an ideal choice for investors seeking to diversify their portfolio with a focused allocation to the energy sector, capitalizing on the long-term demand for oil, gas, and other consumable fuels.
It has 75 holdings including GE Vernova (GEV) and NextEra Energy (NEE). It has $126.23 million in Assets under Management. It is up 1.28% today and 2% over the last three months.
You can access a whole range of ETFs via the TipRanks Compare ETFs page.
Disclaimer & DisclosureReport an Issue