Overview
Description
The iShares U.S. Energy ETF is an exchange-traded fund designed to track the performance of the Dow Jones U.S. Oil & Gas Index. Its primary function is to provide investors with exposure to the U.S. energy sector, which encompasses a diverse array of industries including oil and gas exploration, production, refining, and equipment services. This ETF invests in a portfolio of stocks from leading energy companies, offering investors a way to gain diversified exposure to the sector without having to pick individual stocks. Noteworthy companies in the fund's portfolio often include large, influential firms like ExxonMobil and Chevron. The iShares U.S. Energy ETF plays a significant role in the financial markets by offering a targeted investment vehicle for those interested in the performance and trends of the energy market, which can be influenced by factors such as crude oil prices, geopolitical events, and changes in energy policies. This ETF serves institutional and individual investors looking to invest in energy as part of a diversified investment strategy.
About
CEO
Employees
0
Address
—
Phone
1-800-474-2737
Website
—
Instrument type
Common stock
Sector
Industry
Country
Chile
MIC code
XSGO