Overview
Description
The Invesco STOXX Europe 600 Oil & Gas ETF is an exchange-traded fund that focuses on the oil and gas sector within the European stock market. This ETF seeks to replicate the performance of the STOXX Europe 600 Oil & Gas Index, which is composed of companies involved in oil and gas exploration, production, and related services across Europe. It provides investors with access to a broad array of Europe-based oil and gas companies, including major integrated firms, refineries, and service providers.
This financial instrument plays a crucial role in offering exposure to the energy sector, which is a significant component of the European economy. The ETF is engaged with industries ranging from crude oil inspection and refining to natural gas exploration. As part of the STOXX Europe 600 Index family, it strives to provide a diversified and representative benchmark within the sector, reflecting the performance of underlying companies without the need for direct investment in individual stocks. The fund is designed for participants seeking a cost-effective way to invest in a sector that influences global energy supply and sustainability initiatives.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Germany
MIC code
XETR