First thing first, let's take a look at the components of XLE here
You can see that Exxon Mobil and Chevron takes up almost half of this ETF portfolio. Unless you are familiar with the FA components of individual stocks, investing in an ETF like XLE can be a cost effective and hassle free approach.
Performance wise, you can see that from March 20 to current date, XLE has gone up almost 200% vis-a-vis 170% for Exxon Mobil. Also, buying into individual stocks can be costly as well along with the risks contained in a single company. For detailed explanation, read here
You can see that Exxon Mobil and Chevron takes up almost half of this ETF portfolio. Unless you are familiar with the FA components of individual stocks, investing in an ETF like XLE can be a cost effective and hassle free approach.
Performance wise, you can see that from March 20 to current date, XLE has gone up almost 200% vis-a-vis 170% for Exxon Mobil. Also, buying into individual stocks can be costly as well along with the risks contained in a single company. For detailed explanation, read here
Note
up up and away .......Note
Praise God
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.