Energy industry

Although no Republicans voted for the measure two years ago, some of its incentives, such as tax credits for producing hydrogen and capturing carbon dioxide, are very popular with oil companies and other core GOP constituencies.

Fund managers are betting that nuclear energy, an area traditionally off-bounds for investors with environmental mandates, is set to make a comeback.

The Treasury and the IRS issued laid out possible regs to update the investment tax credit rules to encompass various forms of renewable energy.

One word: energy.

Just one of the leading 20 mutual funds and exchange-traded products eked out a gain this past decade.

The 20 funds in this ranking carried an average expense ratio of more than twice the broader industry.

The biggest losses this year came from sectors that suffered the most in lockdown.

A State Street fund avoiding crude holdings has beaten the S&P 500 by 3.6 percentage points since its inception, generating an annual return of 12.9%.

It’s the latest dramatic twist in the story of USO, which was at the center of the storm as crude prices plunged earlier this year.

If clients “looked just three months ago, these numbers would be glaringly different,” an expert says.