- The Vanguard Energy ETF (NYSEARCA:VDE) bested the S&P 500 by 150 basis points in February as oil prices stabilized, but Markit's Simon Colvin warns of a "yield trap."
- While the attractive trailing dividend yield on energy looks juicy, of the 31 energy stocks offering the best relative trailing yield, Markit forecasts nine dividend cuts, six flat payments, and four outright suspensions, with aggregate payouts in Q2 falling to $2.05B from $2.9B in Q4.
- ETFs: XLE, ERX, VDE, OIH, ERY, DIG, DUG, IYE, FENY, PXJ, RYE, FXN, DDG