Oil & Gas Exploration ETF ‘IEO’ Looks Sturdy
This article was originally published on ETFTrends.com.
Equity-based energy ETFs are delivering some solid performances this year. Standouts in that group include funds tracking exploration and production stocks, such as the iShares U.S. Oil & Gas Exploration & Production ETF (Cboe: IEO). IEO follows a traditional market capitalization-weighted indexing methodology, which exposes investors to larger companies like ConcoPhillips, EOG Resources and Phillips. Current [...]