Strive U.S. Energy ETF retains its Morningstar Medalist Rating of Bronze. The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.  

 The strategy's investment process inspires confidence and earns an Above Average Process Pillar rating. Independent of the rating, analysis of the strategy's portfolio shows it has maintained an underweight position in liquidity exposure and volatility exposure compared with category peers. Low liquidity risk exposure is attributed to stocks with a low trading volume, limiting managers' flexibility. And low volatility exposure is rooted in stocks that have a lower standard deviation of returns. The team managing this passive strategy earns a Below Average People Pillar rating. The strategy's parent organization is industry standard, albeit with some strong attributes like overall reasonable fees and minimal portfolio manager turnover. This earns the firm an Average Parent Pillar rating.

Analyst Rating

Exxon Mobil

Chevron

ConocoPhillips

EOG Resources

Schlumberger

Marathon Petroleum

Phillips 66

Pioneer Natural Resources

Williams

Valero Energy

Morningstar's evaluation of this security's process aims to determine the likelihood that it will outperform its Morningstar Category index on a risk-adjusted basis over the long term. Strive U.S. Energy ETF earns an Above Average Process Pillar rating. The predominant contributor to the rating is that this fund tracks an index. Historical data, like Morningstar's Active/Passive Barometer, finds that passively managed funds have generally outperformed their active counterparts, especially over longer time horizons. The firm's five-year retention rate of 100% also contributes to the process. Lastly, the process is limited by the experience of the management team, which averages one year at this fund.

The investment strategy as stated in the fund's prospectus is:  The investment seeks to track the total return performance, before fees and expenses, of Solactive United States Energy Regulated Capped Index composed of U.S.-listed equities in the energy sector.  The index is a subset of a float-adjusted capitalization weighted index of equity securities comprising the 1, 000 largest companies from the U.S. stock market. Under normal circumstances, and at least 80% of the fund’s total assets (exclusive of collateral held from securities lending) will be invested in U.S. energy companies. It is non-diversified. 

 The portfolio is overweight in energy by 7.8 percentage points in terms of assets compared with the category average, and its consumer defensive allocation is similar to the category. The sectors with low exposure compared to category peers are utilities and industrials; however, the allocations are similar to the category. The portfolio is positioned across 63 holdings and is relatively concentrated. Specifically, 65.4% of the strategy's assets are housed within the top 10 holdings, as opposed to the typical peer's 38.3%. And in closing, in terms of portfolio turnover, this portfolio turns over its holdings less quickly than peers, potentially leading to lower costs for investors and eliminating a drag on performance.

Above Average

Process

Strive Asset Management’s team earns a Below Average People Pillar rating. The team is supported by the firm's five-year retention rate of 100%. However, the rating is held back by the experience of the management team, which averages one year at this fund. The instability of its management team also weakens the team. The fund last saw a manager change one year ago.

Below Average

People

Since its inception one year ago, Strive Asset Management has shown that it will hold its own as a steward of capital, warranting an Average Parent Pillar rating. Strive Asset Management currently oversees 12 vehicles, with a total of $921.2 million under management and a bench of six fund managers.   

 The below-average fees of Strive Asset Management's open-end and exchange-traded funds display a commitment to maximizing investor returns. The average net expense ratio for its funds ranks within the cheapest quintile of peer asset managers.  

 To maintain an Average rating, Strive Asset Management will be expected to maintain a consistent track record of positive investor experience.

Average

Parent

Strive US Energy ETF

DRLL tracks a market cap-weighted index of US-listed stocks from the broad energy sector. The fund aims to influence companies to prioritize returns through shareholder engagement and proxy voting, without regard to ESG agendas.

Fidelity MSCI Energy Index ETF

Vanguard Energy ETF

Energy Select Sector SPDR Fund

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Strive U.S. Energy ETF lacks a differentiating factor and is unlikely to make a material impact in the U.S. energy sector. DRLL has a high expense ratio compared to cheaper options like Vanguard and SSGA. DRLL has underperformed its passive peers since inception, and its voting record may not align with shareholder interests.

DRLL: Verdict Unchanged, Continue To Avoid This Fund

iShares U.S. Oil & Gas Exploration & Production ETF

iShares U.S. Energy ETF

Pfizer

The largest U.S. oil producer, Exxon Mobil Corp. (XOM) has agreed to acquire Pioneer Natural Resources (PXD) in an all-stock deal valued at $59.5 billion or $253 per share.

ETFs to Benefit From the Historic Exxon-Pioneer Oil Merger

Exxon Mobil (XOM) is in talks to acquire Pioneer Natural (PXD). The acquisition, if successful, could be valued at approximately $60 billion, marking Exxon's biggest acquisition since its merger with Mobil Corp. in 1999.

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Strive Enhanced Income Short Maturity ETF

Strive Faang 2 0 Etf

Strive Total Return Bond ETF

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“Anti-Woke” Investment Firm Targets National Security With FTWO

If you're interested in broad exposure to the Energy - Broad segment of the equity market, look no further than the Strive U.S. Energy ETF (DRLL), a passively managed exchange traded fund launched on 08/09/2022.

Should You Invest in the Strive U.S. Energy ETF (DRLL)?

Strive 500 ETF

Strive Asset Management has launched the firm's first fixed income ETFs. The Strive Enhanced Income Short Maturity ETF (BUXX) and the Strive Total Return Bond ETF (STXT)  were listed on the NYSE on August 10.

“Anti-ESG” Manager Strive Launches Fixed Income ETFs

The two energy behemoths ??? Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX)?

Energy ETFs in Focus Post Exxon, Chevron Q2 Earnings

Amplify Energy Corp.

APA Corporation

Baytex Energy Corp

VAALCO Energy

Epsilon Energy Ltd

Earthstone Energy

Forum Energy Technologies

Flotek Industries

GeoPark

Granite Ridge Resources Inc

Liberty Oilfield Services

NCS Multistage Holdings

Obsidian Energy Ltd

Ring Energy

Ranger Energy Services

SilverBow Resources

SandRidge Energy

SM Energy

Smart Sand

Vitesse Energy Inc

W&T Offshore

Presentation Times and Schedule for All Participating Companies Now Posted on the Conference Website   www.enercomdenver.com  – Presenting Companies Continue to be Added Investor One-on-One Meeting Requests for All Companies Now Open for Institutional Investors, Portfolio Managers, Financial Analysts, CIOs, and Other Investment Industry Professionals Investors, Analysts, and Energy Industry Professionals Can Still Register to Attend EnerCom Denver – The Energy Investment Conference at www.enercomdenver.com DENVER , July 27, 2023 /PRNewswire/ -- EnerCom, Inc. announces companies that will be presenting during The Energy Transition and Emerging Technology Session, focused on energy-related technology, alternative energy and traditional oil and gas technology start-up ventures, on Wednesday, August 16 th.  Companies Presenting in The Energy Transition and Emerging Energy Technology Session as of July 26, 2023, include: LiTHOS - (CNSX: AMS.CN) aims to be the leader in the application of Direct Lithium Extraction (DLE) technology for economic, environmentally efficient, and sustainable lithium production.

Energy Transition and Emerging Technology Companies are Set to Present at the 28th Annual EnerCom Denver - The Energy Investment Conference, to be held August 13-16, 2023, in Denver, Colorado

Strive US Energy ETF is an energy index ETF with a focus on corporate governance practices. DRLL doesn't own enough of its holdings to have a meaningful impact in proxy votes and shareholder meetings. The ETF's expense ratio is higher than competitors, and there is no reason to believe it will be lower in the future.

DRLL​​:​​ Seems More Focused On Making A Statement Than Making Money

Exxon Mobil (XOM) and Chevron (CVX) are reaping profits not seen since 2008. Both the oil majors collectively posted $18 billion in first-quarter profits, showing resilience even as oil and natural gas prices declined.

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Chevron ETFs to Buy on Buyback & 6% Dividend Hike

The DRLL ETF provides exposure to the U.S. energy sector. DRLL claims to unlock value through superior corporate governance practices.

DRLL: Unclear What The Differentiating Factor Is; Stick With XLE

ARK Innovation ETF

iShares MSCI USA ESG Optimized ETF

ETF.com Senior Analyst Sumit Roy offers 4 bold predictions for 2023.

$1T of Inflows? Sumit's 2023 ETF Predictions

The price of the Strive U.S. Energy ETF has risen 20% in the last month. The S&P 500 has flat in the same period.

Strive US Energy ETF Surges 20%

Point Bridge GOP Stock Tracker ETF

YALL is the latest fund promoting conservative values.

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VettaFi head of research Todd Rosenbluth appeared on Bob Pisani's ETF Edge along with Vivek Ramaswamy, executive chairman of Strive Asset Management, and Arne Noack, head of systemic investment solutions for the Americas at DWS. ESG remains a hot-button issue for many, with many arguing that firms should pay more attention to ESG issues.

Sparks Fly as Rosenbluth Dives Into the ESG Controversy on ETF Edge

The fund follows on the success of the launch of DRLL.

Strive Brings ‘Anti-Woke' Thesis to Large Caps

XLE is a close substitute to DRLL and is only a fourth as expensive. DRLL's claims that oil and gas equity prices will go up by 2X-3X assumes that the Ukraine induced spurt in oil prices is the new normal for the future.

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Political backlash against responsible investing is shaping the ETF landscape.

BlackRock, Texas Trade Barbs Over ESG

Strive Asset Management's first fund pulled in nearly $300 million in less than three weeks.

'Anti-Woke' Issuer Plans More ETFs

The Strive U.S. Energy ETF (NYSEARCA: DRLL ), a potentially controversial exchange-traded fund, launched yesterday. Thus far, price action for the DRLL ETF has been relatively bullish, with this fund now trading near its high.

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COLUMBUS, Ohio--(BUSINESS WIRE)--Strive Asset Management (“Strive”) launches its flagship index fund, the Strive U.S. Energy ETF (NYSE: $DRLL), to unlock the potential of the U.S. energy sector by providing investors an opportunity to drive positive change at U.S. energy companies ahead of a potential bull market for U.S. energy stocks. U.S. energy companies have been underinvesting in oil and gas production, due in part to the Environmental, Social, Governance (ESG) mandates imposed by large a

News for Strive US Energy ETF ETF (DRLL)