Home Entrepreneur These are the top equity energy mutual funds

These are the top equity energy mutual funds


Some investors have made great profits by investing in energy stocks. The energy sector, however, is known to be volatile. One can minimize this volatility and risk to some extent by investing in energy equity mutual funds. As can be expected, these funds provide exposure to stocks in the energy sector. These securities are of […]

April 22, 2021

5 minutes of reading

This story originally appeared on ValueWalk

Some investors have made great profits by investing in energy stocks. The energy sector, however, is known to be highly volatile. One can minimize this volatility and risk to some extent by investing in energy equity mutual funds. As can be expected, these funds provide exposure to stocks in the energy sector. These securities belong companies operates across the entire energy value chain, including E&P companies, midstream / pipeline companies, and more. If you are also planning to invest in the energy sector, here are details of the top ten equity energy mutual funds.

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Top equity energy mutual funds

We have used data returned a year ago (from US News) to rank the top ten equity energy mutual funds. Here are the top ten energy equity mutual funds:

  1. Energy Fund Rydex (RYENX, 10%)

The goal of RYENX is to ensure an increase in COGS for investors. It typically invests at least 80% of its net worth in US equity securities Energy companies and in derivatives. RYENX has a net cost ratio of 1.73%. It has brought in returns of -10.67% in the past three years and -2.25% in the past five years.

  1. Energy Fund Fidelity Advisor® (FANAX, 13%)

FANAX aims to increase cost of goods. In normal times, the fund invests at least 80% of its assets, mainly in common shares and stocks of energy companies. FANAX has a net expense ratio of 1.12%. It has yielded returns of -8.78% in the past three years and -0.61% in the past five years.

  1. Fidelity® Select Energy Portfolio (FSENX, 13%)

FSENX monitors the performance of the MSCI US IMI Energy Index 25/50. It invests in common stocks of companies in the energy sector. FSENX has a net cost ratio of 0.8%. It has yielded returns of -8.65% in the past three years and -0.35% in the past five years. FSENX has total assets of $ 980.64 million.

  1. Integrity Res Fd Central North America (ICPAX, 15%)

ICPAX aims to increase long-term cost of capital. It typically places at least 80% of its net worth in stocks of US and non-US companies involved in developing resources in Central North America. ICPAX has a net cost ratio of 1.5%. It has brought in returns of -7.23% in the past three years and -0.54% in the past five years.

  1. Vanguard Energy Index Fund (VENAX, 15%)

VENAX aims to track the performance of the US Marketable Investment Index (IMI) / Energy 25/50 MSCI. It invests nearly all of its assets in benchmark stocks. VENAX has a net cost ratio of 0.1%. It has brought in returns of -6.51% in the past three years and 0.16% in the past five years. VENAX has total assets of 6.19 billion USD.

  1. Fidelity® Select Natural Resources Port (FNARX, 15%)

This fund aims to increase the cost of capital. FNARX, under normal market conditions, invest at least 80% of your net worth in the securities of companies that own or develop natural resources, or provide services to them, and into precious metals. FNARX has a net cost ratio of 0.84%. It has brought in returns of -4.12% in the past three years and 2.59% in the past five years.

  1. Rydex Energy Service Fund (RYESX, 17%)

RYESXThe goal is to ensure an increase in the cost of capital for investors. In normal times, the fund invests at least 80% of its net assets in equity securities of US Energy Services Companies, as well as in derivatives. RYESX has a net cost ratio of 1.73%. It has returned -21.45% in the past three years and -13.48% in the past five years.

  1. Fidelity® Select Energy Services Gateway (FSESX, 18%)

FSESX aims to increase cost of goods. It invests at least 80% of its assets mainly in the common stock of energy services companies. This fund invests in both US and non-US companies. FSESX has a net cost ratio of 0.89%. It has brought in returns of -20.70% in the past three years and -11.20% in the past five years.

  1. Hennessy BP Energy Fund (HNRGX, 26%)

The goal of HNRGX is to maximize the total return of the investors. Under normal circumstances, the fund invests at least 80% of its net worth mainly in shares of US companies operating in the energy value chain. HNRGX has a net expense ratio of 2.03%. It has generated returns of -9.01% in the past three years and 1.81% in the past five years.

  1. Cavanal Hill World Energy Fund (AAWEX, 42%)

AAWEXseek growth and income. It invests at least 80% of its assets in energy-related financial instruments issued by US and non-US companies. These instruments could be stocks, bonds, ETF, ETN and more. AAWEX has a net cost ratio of 1.15%. It has generated a return of 2.14% in the past three years and 4.66% in the past five years.

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