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Oil, Energy ETFs Post the Worst Three-Year Returns

The past three years have not been kind to funds focused on the oil and energy sectors.

Exchange-traded funds focused on oil and the energy sectors have had a rough three years. Almost all of the 20 ETFs with the worst returns since 2018 had oil and energy holdings. The SPDR S&P Oil & Gas Equipment & Services ETF (XES) posted the worst returns, losing 36.89%.

Data as of 11/16/2020. Minimum of $5 million in net assets, excludes leveraged and inverse ETFs.


Aniket Ullal is VP, ETF data and analytics for CFRA, one of the world’s largest providers of independent investment research. Aniket founded First Bridge Data, a leading source for global ETF data and analytics that was acquired by CFRA in August 2019. 

Prior to starting First Bridge, he had product management responsibility for S&P’s U.S. indexes, including the widely followed S&P 500 and S&P/Case-Shiller indexes. These indexes have over $1 trillion in ETF assets tracking them. 

Aniket is the author of ETF Investment Strategies (McGraw-Hill, 2013). He is a graduate of Northwestern's Kellogg School of Management and the Indian Institute of Management in Ahmedabad. 

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