ETF Sector Focus: Investors Will Like This Coal in Their Stockings This Holiday Season
Coal ETFs carry above-average risk but offer compelling reward potential right now.
The stock prices of companies engaged in exploring for or mining coal have been hammered in recent weeks.
Since July, coal companies' seesaw-like share prices have been more down than up, amid investor concern about broad macroeconomic uncertainty. In the last three months, a basket of coal industry companies found in a popular exchange-traded fund is down 15%, while the S&P 500 is actually up 2%.
Robert Goldsborough does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.