Energy was recently dubbed a value bet after the sector lagged the broader market last year. Over the past two months, the sector has been showing signs of awakening from its slumber. [Energy ETFs Look Inexpensive]
Since the start of February, PXLV is up 6.7%, easily outpacing the S&P 500 and the Dow Jones Industrial Average along the way.
PowerShares Fundamental Pure Large Value Portfolio
ETF Trends editorial team contributed to this post.