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Mutual Funds Sectors Banking, Oil And Gas, IT, Engineering, Pharmaceuticals, Metals, Automotive, Telecommunication, Utilities, Chemicals, Cement, Tobacco Financing needs. “There are large capital needs within the oil and gas sector going forward,” Pål Reiulf Olsen, senior partner, HitecVision, one of Europe’s leading private equity investor, says. “Investments are recovering and going up, and of course this will trigger financing. With 31 ETFs traded in the U.S. markets, Oil ETFs gather total assets under management of $5.68B. The average expense ratio is 0.89%. The largest Oil ETF is the SPDR S&P Oil & Gas Exploration & Production ETF XOP with $1.81B in assets. In the last trailing year, the best performing Oil ETF was the DRIP at 203.43%.

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