A Big Energy ETF is Finally Perking Up

Down almost 13% year-to-date, the Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, and rival cap-weighted, diversified energy ETFs remain among this year’s worst-performing sector ETFs. However, XLE posted a gain of just 1% last week and some market observers believe the fund is showing incremental signs of rebounding. Rivals [...]Click to read more at ETFtrends.com.