U.S. energy stocks and exchange traded funds are getting plenty of attention and deservedly so. Off its early February lows, the Energy Select Sector SPDR has surged 14.5%. And in recent days, a fair percentage (sometimes half or more) of the ETFs making new all-time highs have been energy ETFs, including XLE and a broad swath of competitors.
International energy funds have kept pace with their U.S.-focused rivals. The iShares Global Energy ETF is higher by nearly 15% since Feb. 3 while the SPDR S&P International Energy Sector ETF is up 15.7% over the same period...............................................Full Article: Source
|