7 Great ETFs to Avoid the Havoc in Energy Stocks

Energy stocks have been belted since the start of 2020 amid the rising threat of the COVID-19 coronavirus outbreak.

Trash Can with Oil Tank on Chalkboard Background - 3D Rendering
(Image credit: Getty Images)

Energy stocks have been belted since the start of 2020 amid the rising threat of the COVID-19 coronavirus outbreak. Now, a potential price war threatens to turn the sector into one of the biggest liabilities in investor portfolios.

Oil prices, which have been under pressure all year, officially fell into bear-market territory by February as coronavirus fears hampered expectations for demand. The Energy Select Sector SPDR ETF (XLE), a fund made up of the S&P 500's energy stocks, had declined by 29% as of March 6.

Disclaimer

Data is as of March 8. Dividend yields represent the trailing 12-month yield, which is a standard measure for equity funds.

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Kyle Woodley

Kyle Woodley is the Editor-in-Chief of WealthUp, a site dedicated to improving the personal finances and financial literacy of people of all ages. He also writes the weekly The Weekend Tea newsletter, which covers both news and analysis about spending, saving, investing, the economy and more.

Kyle was previously the Senior Investing Editor for Kiplinger.com, and the Managing Editor for InvestorPlace.com before that. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, Barchart, The Globe & Mail and the Nasdaq. He also has appeared as a guest on Fox Business Network and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice and Univision. He is a proud graduate of The Ohio State University, where he earned a BA in journalism. 

You can check out his thoughts on the markets (and more) at @KyleWoodley.