Zacks.com shares insights on top-performing energy ETFs amid market shifts

The Energy Select Sector SPDR Fund has jumped 6.5%, while the broader market has dipped a bit. It’s all about those rising oil and gas prices, especially with the cold weather pushing up demand for heating oil.
Plus, crude oil inventories are on the decline, which is a big deal. The latest reports show that U.S. crude stocks have dropped for seven weeks straight. And let’s not forget the new sanctions on Russian oil, which are shaking things up in the market.
With all this going on, some ETFs are really standing out. The Invesco S&P 500 Equal Weight Energy ETF (RSPG) is one of them, giving investors a balanced exposure to energy stocks. Then there’s the iShares U.S. Oil & Gas Exploration & Production ETF (IEO), which focuses on companies in the oil and gas sector.
The First Trust Natural Gas ETF (FCG) is also worth a mention, as it targets firms that make a lot of their money from natural gas. And don’t overlook the Invesco Energy Exploration & Production ETF (PXE) and the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), both of which are seeing solid performance.
If you’re into investing, these ETFs might be worth checking out as the energy market continues to shift.