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

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The Strive U.S. Energy ETF (DRLL - Free Report) was launched on August 9, 2022, and is a passively managed exchange traded fund designed to offer broad exposure to the Energy - Broad segment of the equity market.

Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.

Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Energy - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 11, placing it in bottom 25%.

Index Details

The fund is sponsored by Strive Etfs. It has amassed assets over $259.51 million, making it one of the average sized ETFs attempting to match the performance of the Energy - Broad segment of the equity market. DRLL seeks to match the performance of the BLOOMBERG US ENERGY SELECT INDEX before fees and expenses.

The Bloomberg US Energy Select Index measures the performance of US oil and gas producers.

Costs

Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same.

Annual operating expenses for this ETF are 0.41%, making it one of the cheaper products in the space.

It has a 12-month trailing dividend yield of 2.89%.

Sector Exposure and Top Holdings

It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.

This ETF has heaviest allocation in the Energy sector -- about 99.3% of the portfolio.

Looking at individual holdings, Chevron Corp (CVX) accounts for about 26.78% of total assets, followed by Exxon Mobil Corp (XOM) and Conocophillips (COP).

The top 10 holdings account for about 80.61% of total assets under management.

Performance and Risk

So far this year, DRLL return is roughly 6.14%, and it's up approximately 7.56% in the last one year (as of 09/15/2025). During this past 52-week period, the fund has traded between $24.09 and $30.93.

The ETF has a beta of 0.77 and standard deviation of 23.38% for the trailing three-year period. With about 39 holdings, it has more concentrated exposure than peers.

Alternatives

Strive U.S. Energy ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, DRLL is a sufficient option for those seeking exposure to the Energy ETFs area of the market. Investors might also want to consider some other ETF options in the space.

Vanguard Energy ETF (VDE) tracks MSCI US Investable Market Energy 25/50 Index and the Energy Select Sector SPDR ETF (XLE) tracks Energy Select Sector Index. Vanguard Energy ETF has $7.24 billion in assets, Energy Select Sector SPDR ETF has $26.78 billion. VDE has an expense ratio of 0.09%, and XLE charges 0.08%.

Bottom Line

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.


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