Sector Spdr Trust (XLE)

The oil and gas sector has witnessed a significant increase in merger and acquisition (M&A) activity, surpassing $155 billion in deals in the fourth quarter of 2023 alone, as reported by Bloomberg.

Oil runs the world and its importance to the budgets of consumers and the need of industry came under complete spotlight after the Russian invasion of Ukraine officially started last year.

In this article, we discuss 15 diversified sector and international ETFs to buy.

Invesco Dynamic Energy Exploration & Production ETF (NYSE:PXE) is based on the Dynamic Energy Exploration & Production Intellidex Index.