Additionally, the IQ Global Oil Small Cap ETF (NYSEArca: IOIL) tracks global small-cap companies in the oil sector, including exploration and production, refining and market, and equipment, services and drilling.

The IndexIQ ETF is up 1.5% over the past week and rose 27.1% year-to-date.

PowerShares Dynamic Energy Exploration & Production Portfolio

For more information on the energy sector, visit our energy category.

Max Chen contributed to this article.