To The Moon

With rising energy prices globally, $BetaShares Global Energy Companies ETF(FUEL.AU)$ is an excellent low cost ETF to gain access to the largest global energy companies (ex Australia) hedged into Australian Dollars.

FUEL ETF is the cheaper Australian cousin to $Energy Select Sector SPDR Fund(XLE)$ .

The Top 10 Holdings include Exxon Mobil, Shell, Chevron Corp, Total Energies SE, ConocoPhillips, Enbridge, BP, EOG Resources, Suncor Energy and Schlumberger. 

Country Allocation

US at 56%, Canada at 13%, Netherlands at 8%, France at 6%, Britain at 4%, China at 3%, Brazil at 3%, Norway at 2%, Italy at 2% Others at 4%

Expense ratio is 0.57%

Dividends are paid quarterly.  The current dividend is 6.81%.

Performance at 1 year is 56.77%

With the ongoing Ukraine war and the ban by US and its allies on Russian oil, $Energy Select Sector SPDR Fund(XLE)$ will continue to be on the upswing. 

$Energy Select Sector SPDR Fund(XLE)$ is diversified and minimises your risk on single stocks.  Best of all it is low cost and pays great dividends at the same time. 

$Energy Select Sector SPDR Fund(XLE)$ is also a good hedge against high inflation and a defensive play in a diversified portfolio. 

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