These are tiny figures compared to the market-caps of energy giants, including Exxon Mobil ( XOM) and Chevron Corporation ( CVX), both with market-caps in the hundreds of billions.

PSCE's market-caps range from $4.7B, SM Energy Company ( SM), to $550M, REX American Resources Corporation ( REX).

energy stocks, all relatively small corporations. It currently invests in 27 different U.S. small-cap energy industry, and the fund does just that. Due to the fund's niche focus, S&P investment committees retain the right to modify index holdings to their discretion, although significant discretionary changes are rare. It is a market-cap weighted index, with issuer caps to ensure diversification. It then selects the 600 smallest companies in this group, and then selects the energy stocks within said group. companies, subject to a basic set of liquidity, trading, size, and shareholder rights criteria. The index first selects the 1500 largest U.S. PSCE is a small-cap energy index ETF, tracking the S&P SmallCap 600 Capped Energy Index, an index of these same securities. With a measly 0.8% yield, the fund is not an effective income vehicle. PSCE is a classic high-risk high-reward investment opportunity, and particularly appropriate for aggressive energy bulls. PSCE's holdings are smaller and riskier than average, but see above-average revenue, earnings, and share price growth when oil prices are high and rising, and trade with comparatively cheap valuations as well. The Invesco S&P SmallCap Energy ETF ( NASDAQ: PSCE) is exactly what it says on the tin: a small-cap energy index ETF.

Oil changes cheap