The Fidelity MSCI Energy Index ETF (FENY) offers broad exposure to U.S. energy companies across large, mid, and small caps, tracking the MSCI USA IMI Energy 25/50 Index. FENY is top-heavy, with its ...
The State Street SPDR S&P Oil & Gas Equipment & Services ETF tracks an equal-weighted index of oilfield services companies, not direct hydrocarbon producers. XES's performance correlates more with ...
We have said before that index funds rarely trade, which is mostly true. The obvious exception is when the index itself does a “reconstitution.” When indexes change, index funds have to replicate the ...
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