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Strive U.S. Energy ETF - DRLL STOCK NEWS

Welcome to our dedicated page for Strive U.S. Energy ETF news (Ticker: DRLL), a resource for investors and traders seeking the latest updates and insights on Strive U.S. Energy ETF stock.

Strive U.S. Energy ETF (symbol: DRLL) is a specialized exchange-traded fund that focuses on U.S. oil and gas producers. As of April 2024, the fund is benchmarked against the Bloomberg US Energy Select Index, which is a comprehensive measure of the performance of American energy companies. This shift aims to better align DRLL with the dynamic energy sector, which is characterized by fluctuations in commodity prices, regulatory changes, and global supply and demand factors.

Managed by ETF Architect—a veteran-owned and operated firm known for its expertise in ETF management—DRLL offers investors an opportunity to gain exposure to the energy sector while benefiting from the firm's industry knowledge and operational excellence. ETF Architect collaborates with financial advisers, ETF sponsors, and mutual fund managers to bring to market high-quality investment options.

DRLL's portfolio primarily includes companies involved in the exploration, production, and distribution of oil and gas. The fund's investment strategy is designed to reflect the complexities and risks associated with the energy sector, such as geopolitical events, environmental regulations, and market volatility.

In terms of recent achievements, DRLL's re-benchmarking to the Bloomberg US Energy Select Index is a significant development. This change is expected to enhance the fund's ability to track the performance of key players in the U.S. energy market more accurately. The fund aims to provide long-term capital growth by investing in companies that are well-positioned to benefit from trends in the energy sector.

DRLL faces several risks inherent to the energy and oil and gas sectors. These include the volatility of energy prices, the impact of governmental regulations, and the need for substantial capital expenditures. The fund's performance can also be affected by broader market conditions and specific risks related to equity investing, such as market fluctuations and changes in interest rates.

Investors should carefully consider the fund's investment objectives, risks, charges, and expenses before investing. Detailed information is available in the fund's prospectus, which can be accessed on Strive Funds' official website.

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DRLL Announces Successful Completion of Offshore Drilling Project in the Gulf of Mexico
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Strive Asset Management has launched the U.S. Energy ETF (NYSE Arca: DRLL), which has surpassed $300 million in assets under management within three weeks. This ETF represents the largest non-seeded launch of 2022, with over $420 million in traded volume. Strive advocates for energy companies to focus exclusively on financially measurable returns, increasing capital investments based on demand, and reevaluating Scope 3 emissions reductions. The ETF aims to engage with over 10 energy firms, highlighting a strong market interest.

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The Strive U.S. Energy ETF (DRLL) launched successfully, achieving over $238 million in assets under management and $320 million in trade volume within its first two weeks. As the largest non-seeded ETF launch of 2022, DRLL has attracted significant interest, with an average trade size of $4,137. Now available on 25 brokerage platforms, it aims to prioritize excellence in the U.S. energy sector, responding to demand from both financial professionals and individual investors.

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Strive Asset Management has launched the Strive U.S. Energy ETF (NYSE: $DRLL) to enhance investment opportunities in the U.S. energy sector. The move aims to counteract underinvestment caused by ESG mandates and promote long-term profitability in oil and gas production. Strive projects significant appreciation for U.S. energy stocks over the next 18-24 months, driven by easing restrictions and supply shortages due to the EU's ban on Russian oil. This ETF seeks to track the performance of U.S.-listed energy companies and is positioned to capitalize on the ongoing energy crisis.

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FAQ

What is the current stock price of Strive U.S. Energy ETF (DRLL)?

The current stock price of Strive U.S. Energy ETF (DRLL) is $27.64 as of September 26, 2024.

What is Strive U.S. Energy ETF (DRLL)?

Strive U.S. Energy ETF (DRLL) is an exchange-traded fund that focuses on U.S. oil and gas producers, benchmarked against the Bloomberg US Energy Select Index.

Who manages the Strive U.S. Energy ETF (DRLL)?

The fund is managed by ETF Architect, a veteran-owned firm specializing in ETF operations.

What is the benchmark for DRLL?

As of April 2024, DRLL is benchmarked against the Bloomberg US Energy Select Index.

What are the primary risks associated with investing in DRLL?

The primary risks include energy sector volatility, regulatory changes, market fluctuations, and risks inherent to equity investing.

Where can I find more detailed information about DRLL?

Detailed information can be found in the prospectus available on the official website of Strive Funds.

What companies are included in DRLL’s portfolio?

DRLL’s portfolio includes companies involved in the exploration, production, and distribution of oil and gas.

Why did DRLL change its benchmark?

The benchmark was changed to better align the fund with the dynamic nature of the U.S. energy sector and enhance performance tracking.

What are the investment objectives of DRLL?

The primary objective is long-term capital growth by investing in U.S. oil and gas producers.

How does market volatility affect DRLL?

Market volatility can affect DRLL due to its exposure to fluctuating energy prices and broader market conditions.

Who distributes the Strive U.S. Energy ETF (DRLL)?

The fund is distributed by Quasar Distributors, LLC.

Strive U.S. Energy ETF

NYSE:DRLL

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