XOM - Energy ETFs XLE and VDE notch record highs as oil hits a 13-year high

The market’s largest two energy exchange traded funds, Energy Select Sector SPDR ETF (NYSEARCA:XLE) and the Vanguard Energy ETF (NYSEARCA:VDE), have hit record trading highs as crude oil (CL1:COM) prices march upward, touching $116.57 a barrel on Thursday, a 13 year plus high. XLE topped $73.50 a share, and VDE hit $102.18 a share. Furthermore, XLE now finds itself +31.2% YTD, and VDE is +30.3% in 2022. Both XLE and VDE offer investors broad-based exposure to the energy market that includes access to companies in the oil, gas and consumable fuel, energy equipment and services industries. Both funds offer many similarities, but they also have some key differences. While both funds provide the same 0.10% expense ratio, they come with much different liquidity levels. From an asset under management standpoint, XLE is the larger, more liquid fund with $37.21B under its belt, while VDE is smaller in nature with $7.16B to its name. Moreover,

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Energy ETFs XLE and VDE notch record highs as oil hits a 13-year high