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The XLE and VDE are popular energy ETFs with many similarities. But the subtle differences are worth exploring if you’re in the market for one of these funds.
VDE data by YCharts. Earlier this month, OPEC+ cut its forecast for oil demand, expecting a 2 million barrel-per-day (bpd) increase in 2024 and an additional 1.7 million bpd increase in 2025.
Here's why the Vanguard Energy ETF (NYSEMKT: VDE), the iShares Global Energy ETF (NYSEMKT: IXC), and the iShares U.S. Oil & Gas Exploration & Production ETF (NYSEMKT: IEO) stand out as great buys now.
Vanguard is known for offering low-cost funds. VDE is a good example. The ETF's annual expense ratio is only 0.10%, much lower than the 0.99% average of similar funds. Why VDE looks like a no ...
The Vanguard Energy ETF stands out as a particularly good buy in August because of its valuation. The fund sports a mere 8.2 price-to-earnings (P/E) ratio -- which is less than a third of the S&P ...
Last, there's the Vanguard S&P 500 ETF (NYSEMKT: VOO). This ETF tracks the S&P 500 and does so with one of the lowest expense ratios around -- a mere 0.03%. That means investors only pay $3 ...