DRLL ETF

Designed to provide broad exposure to the Energy - Broad segment of the equity market, the Strive U.S. Energy ETF (DRLL) is a passively managed exchange traded fund launched on 08/09/2022.

An escalation in Middle East tensions stoked oil supply worries, building up positive momentum in the energy space.

Looking for broad exposure to the Energy - Broad segment of the equity market? You should consider the Strive U.S. Energy ETF (DRLL), a passively managed exchange traded fund launched on 08/09/2022.

Strive U.S. Energy ETF may have changed its mandate, as its 'anti-ESG' proxy-voting guidelines are no longer in its prospectus. DRLL has consistently underperformed peer broad energy funds like XLE and VDE by a cumulative 12-13% since inception. Despite attractive valuations in the energy sector, DRLL's poor performance and questionable mandate make it an unattractive investment option.

Energy, Consumer Non-cyclicals, and Financials sectors have attractive-or-better ratings at the beginning of 3Q24. Investors should focus on sector funds with quality stocks, low fees, and good portfolio management for better returns. Strive U.S. Energy ETF is a top-rated fund, while Spirit of America Utilities Fund is the worst rated due to high costs and poor stock allocation.

The Strive U.S. Energy ETF is a passive fund that offers exposure to the U.S. energy industry, with a significant focus on top holdings such as Exxon Mobil, Chevron, Valero Energy, EOG Resources, and Marathon Petroleum. However, it has shown weaker performance when compared to other similar ETFs like the Energy Select Sector SPDR Fund and Vanguard Energy ETF.

The Strive U.S. Energy ETF (DRLL) is a passively managed exchange traded fund that aims to offer extensive exposure to the Energy - Broad sector of the stock market. It was launched on 08/09/2022.

Ten new ETFs were launched in the week ending April 12, 2024, with three of them being funds from Fidelity that utilize options strategies. Other issuers that introduced new funds include Westwood Holdings, Obra Capital, and Strive Asset Management.

Designed to provide broad exposure to the Energy - Broad segment of the equity market, the Strive U.S. Energy ETF (DRLL) is a passively managed exchange traded fund launched on 08/09/2022.