There Is An Anti ESG Energy ETF That Will Capture Every Explosive Move When Oil Gets Volatile

"DRLL holds every major U.S. fossil fuel producer without exclusion, making it one of the purest oil price plays available in ETF form. The fund launched in August 2022 with a deliberately concentrated structure - 39 positions, with 98.6% allocated to energy. Unlike broader ETFs that spread exposure across midstream pipelines and oilfield services, DRLL funnels nearly half its weight into Exxon Mobil and Chevron alone."

"DRLL gained 27.5%, just behind XLE's 29%, while offering purer upstream exposure that more directly tracks crude price movements - without the dilution that midstream and services names introduce into XLE's oil price sensitivity. DRLL manages $264.8 million in assets, a fraction of XLE's roughly $33 billion. That size gap can translate into wider bid-ask spreads and thinner daily liquidity."

"With nearly all assets in upstream and refining names, DRLL's NAV is essentially a leveraged opinion on oil prices. Occidental Petroleum's Q4 results illustrated the risk clearly: a roughly 9% quarterly drop in realized crude prices was enough to cut oil and gas pre-tax income nearly in half versus the prior quarter, underscoring how sensitive DRLL's holdings are to even moderate oil price moves."

DRLL is a deliberately concentrated energy ETF launched in August 2022 that holds every major U.S. fossil fuel producer without environmental screening, unlike most energy ETFs. With 39 positions and 98.6% allocated to energy, it concentrates nearly half its weight in Exxon Mobil and Chevron, providing purer upstream exposure than broader alternatives like XLE. The fund gained 27.5% over the past year, closely tracking crude oil price movements without dilution from midstream and services companies. However, DRLL's $264.8 million in assets creates wider bid-ask spreads and thinner liquidity compared to larger competitors. The fund's performance is essentially a leveraged bet on WTI crude oil prices, making OPEC+ production policy and oil price volatility the primary drivers of returns.

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