RYE: Reasons I Added This Energy ETF To My Portfolio

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Main Thesis & Background

The purpose of this article is to evaluate the Invesco S&P 500® Equal Weight Energy ETF (NYSEARCA:RYE) as an investment option at its current market price. This is a fund that is

VDE’s Recent Performance (Seeking Alpha)

Crude’s Price (5-year Horizon) (CNBC)

Top Projects Capex Sanctioned (by year, $ billions) (Goldman Sachs)

Short Interest (By Sector) (S&P Global)

VDE’s Top Holdings (Vanguard)

RYE’s Top Holdings List (Invesco)

2021 Distributions 2022 Distributions YOY Growth
$1.14/share $2.49/share 118%