Energy Funds Slip Slightly in 2Q 2013

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Energy Stocks in Q2 2013

While the S&P 500 did well in the second quarter of 2013, energy stocks slipped slightly:

  • Vanguard Energy Fund Admiral Shares (VGELX) was down 2.29% during the second quarter, but still averaging 13.04% for the last 10 years.
  • iShares North American Natural Resources ETF (IGE) was down 5.07% during the second quarter, but still averaging 11.34% for the last 10 years.

Crude oil prices slipped slightly in the second quarter of 2013. They rose after the end of the second quarter:

Crude Oil Prices during 2013 2Q

Energy stocks are one important component of the category of Resource Stocks, sometimes called “Hard Asset” Stocks.

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  5. Some European Markets Did Better Than Global Averages During Q2 2013

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