Local energy EFTs

Can you name any energy EFT available through the ASX? I have looked but have been unable to find any.

A: Thanks for the question.


Locally, there are 2 ETFs listed on the ASX:



  • Betashares 000 – a currency hedged ETF aiming to track the S&P GSCI Crude Oil Index Excess Return (ASX Code OOO).

  • Betashares QCB – a currency hedged ETF aiming to track the S&P GSCI Light Energy Index Excess Return (ASX Code QCB). This index cover a basket of 24 commodities – with energy currently weighting at around 39%.


On overseas markets, there are tens of Energy ETFs. Here are the 10 of the leading ETFs trading in the USA:


XLE

Energy Select Sector SPDR Fund


VDE

Vanguard Energy Index Fund


XOP

SPDR S&P Oil & Gas Exploration & Production ETF


IYE

iShares Dow Jones US Energy Sector Index Fund


IXC

iShares S&P Global Energy Sector Index Fund


OIH

Market Vectors Oil Services ETF


IEO

iShares Dow Jones US Oil & Gas Exploration & Production Index Fund


IEZ

iShares Dow Jones US Oil Equipment & Services Index Fund


FXN

First Trust Energy AlphaDEX Fund


FCG

First Trust ISE Revere Natural Gas Index Fund


As to which country, if you can trade in the USA, I would take an ETF listed in the USA and covering one of the major oil benchmarks (eg. WTI or Brent).


Hope this helps.



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