An ETF, or exchange-traded fund, is a marketable security traded on the stock exchange. ETFs can be bought and sold throughout the day, and ETFs either track an index, a commodity, bonds, or a basket of assets. ETFs are thus an attractive option for investors interested in diversified exposure to various stocks because the performance of a given ETF is closely related to the stocks the fund invests in.
Among the biggest ETFs in the offshore drilling space, investors can choose between ETFs like OIH, XLE, and IYE—just to name a few—for exposure to offshore drilling companies.
View more information: https://marketrealist.com/2016/02/etfs-exposure-offshore-drilling-space/