In short, with oil prices likely to remain relatively stable going forward, the energy sector has become an interesting value play, especially considering energy companies’ attractive yields and correlation with inflation. One way to access the sector is through the iShares S&P Global Energy Sector Fund (IXC).
iShares S&P Global Energy Sector Fund
The author is long IXC.
Russ Koesterich, CFA, is the iShares Global Chief Investment Strategist.