VDE: An Attractive ETF to Capitalize on Energy-Stock Momentum

After lagging the market earlier this year, energy stocks look like they are ready for a breakout. Crude oil prices are up over the past month, and energy stocks are beginning to follow suit. The Vanguard Energy ETF (NYSEARCA:VDE) can help investors capitalize on this momentum. It’s up 3.3% over the past month and up 11.5% over the past quarter, while the broader market, as represented by the Vanguard S&P 500 ETF (NYSEARCA:VOO), is down 3.5% and up 4.6%, respectively, over the same time frames.

Similarly, VDE is even outperforming the previously high-flying Nasdaq (NDX), as the Invesco QQQ Trust (NASDAQ:QQQ) (which tracks the Nasdaq 100 Index) is down 3.4% over the past month and up 7.6% over the past quarter.