The ASX listed FUEL ETF has also corrected over 20% from its mid-June high, in very similar fashion to STO. This is a currency hedged ETF which looks to follow global energy companies not including those on the ASX i.e. offering some diversification into overseas names.
MM likes the FUEL ETF ~$4.00
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BetaShares Global Energy Companies ETF (FUEL)
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BetaShares Global Energy Companies ETF (FUEL)