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Range Global Coal Index ETF
COALFinancial ServicesAMEXUS
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Coal-related stocks and energy ETFs could be in focus Thursday on a reported nearly $700 million White House coal initiative.
OKLAHOMA CITY, May 6, 2026 /PRNewswire/ -- Exchange Traded Concepts, LLC ("ETC") today announced the launch of the Billionaires Club ETF (NYSE: CLUB ) an actively managed exchange-traded fund designed to provide investors with access to companies shaped by exceptional entrepreneurial and family-led wealth creation. The Fund began trading on the New York Stock Exchange on May 6th, 2026, and represents the fourth fund launched through the partnership between Exchange Traded Concepts and Bancreek Capital Strategies.
Volatility has defined energy markets throughout 2026, as oil prices and equities respond to geopolitical turmoil and shifting global supply expectations. While the year began with a bearish consensus forecast for oil prices in the high $50s, escalating tensions in the Middle East have pushed crude significantly higher.
Stacey Morris, head of energy research at VettaFi, joined Nate Geraci on this week's ETF Prime to discuss energy ETFs amid the Iran conflict. Geopolitics currently dominates oil prices and energy stocks, though the sector posted strong gains before the war began, according to Morris.
While geopolitical headlines often focus on short-term volatility in the Middle East, the long-term investment case for energy remains centered on security, reliability, and North American export dominance. Stacey Morris, CFA, head of energy research at VettaFi, recently highlighted some long-term views on energy investing beyond the current oil price spike.
Assets in the Range Global Coal Index ETF (COAL) doubled in March, propelled by strong investor inflows and robust price performance.
