We like the 4 ETFs looked at today as they dovetail with our bullish outlook towards energy demand over the coming years; however, they’re very different:
- We like the FUEL ETF ~5% lower, for global oil & gas exposure, believing the bull trend is still intact, but simply buying WDS is arguably a better alternative for local investors.
- We like the URNM ETF after its ~30% correction, believing this is a very viable alternative to individual stocks for long-term nuclear adoption.
- We believe the US-traded COAL ETF offers good risk/reward, 4-5% lower, but we prefer simply investing in the fossil fuel via local stocks.
- We like the CLNE clean energy ETF, believing the Iran war has provided it with the catalyst to push multi-year highs.
