Maybe, Just Maybe a Refiners ETF

There are approximately 30 equity-based exchange traded funds trading in the U.S. that are dedicated to the energy sector.

Those ETFs run the gamut from the prosaic, such as the Energy Select Sector SPDR (NYSEArca: XLE), to the niche, including the Global X China Energy ETF (NYSEArca: CHIE). There are even ETFs dedicated to oil services names, natural gas equities and small-cap energy firms, but there is not a standalone refiners ETF.

That could change as Van Eck’s Market Vectors unit has filed plans for the Market Vectors Oil Refiners ETF, which would track the Market Vectors Global Oil Refiners Index, according to a filing with the Securities and Exchange Commission.

The filing did not include a ticker or expense ratio for the Market Vectors Oil Refiners ETF, indicating that a launch is not imminent.