Most energy ETFs are a way to play oil prices. The VanEck Energy Income ETF (NYSEARCA:EINC) is something more boring and arguably more useful.
EINC has returned 29.99% gain over the past year while continuing to pay quarterly distributions.
VanEck Energy Income ETF (EINC) earns a buy rating for its high, stable dividend yield and strong total return track record. EINC's top holdings—WMB, ENB, and TRP—offer a blend of income growth, profitability, and strategic positioning in midstream energy infrastructure. Despite a higher expense ratio (0.47%), EINC's nearly 4% yield and robust dividend growth outpace peer energy ETFs.
Now is the perfect time to start hunting for undervalued dividend ETFs with high upside potential.
EINC: Largely Under The Radar And Among The Cheapest
Beating the market and providing above-market income are two things that don't always go together, but that's the case with these three ETFs in 2024. These funds are beating out the just over 23% return of the SPDR S&P 500 ETF Trust NYSEARCA: SPY, which tracks the S&P 500 and provides dividend income above its 1.2% yield.