With no end in sight for the war, keep an eye on energy ETFs such as the Energy Select Sector SPDR ETF (XLE). 
With an expense ratio of 0.09%, the XLE ETF provides exposure to companies in the oil, gas, and consumable fuel, energy equipment, and services industries, as noted by State Street SPDR. Since 2026 began, the XLE ETF has run from about $44.20 to a high of $61 so far.

Unfortunately, the volatility we’re experiencing will continue. 

Especially with the U.S. now warning Iran that it needs to get serious about ending the war or face a potential “final blow.” 

We also have to remember that “Trump’s five-day pause on strikes against Iranian energy infrastructure expires Saturday, and a dramatic military escalation will grow more likely if no progress is made in diplomatic talks, particularly if the Strait of Hormuz remains closed,” as reported by Axios. That being said, we do expect oil prices to gush higher.

Sincerely,

Ian Cooper