Most promising energy etfs

Screening Filters

1. monthly_average_dollar_volume ≥ $1,000,000

   • Purpose: Ensure the ETFs (and any securities returned) are highly tradable and reasonably liquid.
   • Rationale: “Most promising” usually implies products you can get in and out of without large bid–ask spreads or slippage. A $1M+ average dollar volume filter removes thinly traded, niche, or illiquid funds and focuses on energy ETFs that attract consistent investor interest and institutional participation.

2. month_price_change_pct ≥ 8%

   • Purpose: Capture energy names with strong short-term momentum over the last month.
   • Rationale: For ETFs, solid recent performance can indicate that the underlying energy theme is currently in favor and attracting capital. An 8%+ gain in one month is a relatively strong move, helping surface ETFs that are not only stable but also actively outperforming in the near term.

3. quarter_price_change_pct ≥ 20%

   • Purpose: Require sustained outperformance over the last 3 months.
   • Rationale: A strong one‑month move could be a short-lived spike. By additionally requiring 20%+ performance over the last quarter, the screen biases toward energy ETFs in established uptrends, not just short-term pops. This matches a “promising” profile better than one-off rallies.

4. ytd_price_change_pct ≥ 25%

   • Purpose: Confirm strong performance over a longer, year-to-date horizon.
   • Rationale: If an energy ETF is up 25%+ YTD, it suggests robust, persistent demand and positive underlying sector drivers (e.g., commodity prices, margins, or capital flows into energy). This helps align the results with funds that have been consistent winners rather than recent laggards with a brief bounce.

5. sector = Energy

   • Purpose: Limit results to the energy area of the market.
   • Rationale: Energy ETFs are typically composed of companies classified in the Energy sector (oil & gas, equipment, services, renewables, etc.). By restricting to Energy, the screener homes in on ETFs (and potentially individual stocks) whose primary exposure is to that sector, aligning the universe with “energy ETFs” instead of broader, multi-sector funds.

Why Results Match:

• The sector filter ensures all candidates are energy-focused, so the ETFs you see are concentrated in the energy theme you asked for.
• The price change filters (1-month, 3-month, YTD) work together to identify funds with strong, sustained momentum, a common quantitative proxy for “promising” from a performance standpoint.
• The liquidity filter (dollar volume) makes sure you’re looking at tradable, established products, more suitable for real-world investing than obscure, illiquid funds.

One caveat: the filters as given focus on energy exposure and performance/momentum; they don’t explicitly restrict the universe to ETFs only. If the underlying screener has an ETF-only flag, that would typically be added on top of these filters to isolate energy ETFs from individual energy stocks.