US Energy ETF Market Shows Positive Performance on June 28, 2023

The US Energy ETF market exhibited a solid performance on June 28, 2023, recording a 1.39% gain.

The US Energy ETF market experienced a positive performance on June 28, 2023, with a gain of 1.39%. This market is valued at approximately 1 billion EUR and consists of four exchange-traded funds (ETFs). The movement in this market can be reflected by the performance of some prominent ETFs, such as the iShares S&P 500 Energy Sector UCITS ETF (IUES) with a daily return of 1.02%, the SPDR S&P U.S. Energy Select Sector UCITS ETF (SXLE) with a daily return of 1.00%, and the Xtrackers MSCI USA Energy UCITS ETF (XUEN) with a daily return of 0.99%.

Several companies drove the positive movement of these ETFs within the US Energy ETF market. Williams ORD (WMB) performed exceptionally well, recording a daily return of 2.07% and a weekly return of 3.89%. EOG Resources ORD (EOG) also demonstrated strong performance with a daily return of 2.03% and a marginal weekly return of 0.29%. Pioneer National Resource ORD (PXD) exhibited a daily return of 1.85% and a slight weekly return of 0.08%. ConocoPhillips ORD (COP) rounded out the list, delivering a daily return of 1.71%. These companies played a significant role in influencing the positive performance of the US Energy ETF market on June 28, 2023.

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