- The iShares U.S. Energy ETF holds 33 mid-to-large cap energy companies but the fund is tilted towards the large caps, particularly Exxon Mobil.
- Exxon Mobil - which alone accounts for nearly a quarter of the ETF’s assets - struggled last year but looks poised to grow earnings and reduce debt in 2021.
- iShares U.S. Energy ETF’s bigger rival XLE also features a similar portfolio but XLE is more liquid, features a lower expense ratio, and offers a higher yield than the former.
For further details see:
IYE: Exxon Mobil Could Lift This ETF, But Consider Other Options As Well