Market Vectors Oil Services ETF (NYSEArca: OIH). OIH trades around $43, with a fair value estimate of $47. This energy ETF includes companies that provide drilling and other services to the oil industry, such as Schlumberger (NYSE: SLB) and Halliburton (NYSE: HAL), which make up 30% of the portfolio. Nevertheless, the fund’s performance is still tied to crude oil and natural gas prices. OIH has a 0.35% expense ratio.
iShares Dow Jones US Technology (NYSEArca: IYW). IYW trades around $73, with a fair value estimate of $80. The fund follows a cap-weighted index of 140 tech stocks, including Apple (NasdaqGS: AAPL), IBM (NYSE: IBM), Google (NasdaqGS: GOOG) and Microsoft (NasdaqGS: MSFT). IYW has a 0.47% expense ratio.
SPDR S&P Metals & Mining (NYSEArca: XME). XME trades around $40, with a fair value estimate of $49. The ETF follows an equal-weighted S&P Metals and Mining Select Industry Index, which includes U.S. companies that produce coal, aluminum, steel, gold, copper and iron. XME has a 0.35% expense ratio.
For more information on ETFs, visit our ETF 101 category.
Max Chen contributed to this article.