Energy ETFs Could Gain Momentum in 2020
December 30, 2019 at 17:47 PM EST
Energy stocks and sector-related ETFs have lagged behind the market, but some market observers are hopeful of a turnaround next year. The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, was only up 11.4% over 2019, compared to the S&P 500’s...