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home / news releases / XLE - iShares Global Energy ETF: Buy For The Yield Stay For Upside Potential

XLE - iShares Global Energy ETF: Buy For The Yield Stay For Upside Potential

SPDR Select Sector Fund - Energy Select Sector
  • The IXC ETF invests in a basket of global energy stocks, including foreign companies.
  • The sector has been pressured this year, given the collapse in the price of oil, although we see value at the current level with an improving outlook.
  • The fund yields 6.6%, and we are bullish on shares that have significant upside potential in an ongoing recovery to global energy demand.

For further details see:

iShares Global Energy ETF: Buy For The Yield, Stay For Upside Potential
Stock Information
Company Name: SPDR Select Sector Fund - Energy Select Sector
Stock Symbol: XLE
Market: NYSE
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