Cheap and Expensive Sector ETFs | ETF Trends

The markets have been through a bumpier ride this year, with an uneven performance between sectors and related exchange traded funds.

Consequently, investors may now find bargains in some areas of the market after the recent selling pressure, but there are some growth-oriented stocks that also look more expensive.

Morningstar‘s director of global ETF search, Ben Johnson, points out that valuations look favorable in the energy sector, which make up 10 cheapest of the ETFs.

Many ETF investors may be familiar with some of the cheapest energy-related ETFs, including the Market Vectors Oil Service ETF (NYSEArca: OIH), Energy Select Sector SPDR (NYSEArca: XLE), Vanguard Energy ETF (NYSEArca: VDE), iShares U.S. Energy ETF (NYSEArca: IYE) and First Trust Energy AlphaDEX Fund (NYSEArca: FXN).

The energy sector has come under heavy selling pressure in response to the swift fall off in crude oil prices. Year-to-date, OIH fell 8.7%, XLE dropped 6.9%, VDE decreased 7.6%, IYE retreated 7.5% and FXN declined 9.8%. [Oil ETFs Slide Back Into Bear Market]