Designed to provide broad exposure to the Energy - Broad segment of the equity market, the Strive U.S. Energy ETF (DRLL) is a passively managed exchange traded fund launched on August 9, 2022.

Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.

Investor-friendly, sector ETFs provide many options 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 31%.

Index Details

The fund is sponsored by Strive Etfs. It has amassed assets over $297.84 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

Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio.

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 2.23%.

Sector Exposure and Top Holdings

Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.

This ETF has heaviest allocation in the Energy sector -- about 99.1% of the portfolio.

Looking at individual holdings, Chevron Corp (CVX) accounts for about 22.85% of total assets, followed by Exxon Mobil Corp (XOM) and Marathon Petroleum Corp (MPC).

The top 10 holdings account for about 79.62% of total assets under management.

Performance and Risk

The ETF has added about 35.91% and it's up approximately 39.52% so far this year and in the past one year (as of 07/27/2026), respectively. DRLL has traded between $27.02 and $40.749 during this last 52-week period.

The ETF has a beta of 0.43 and standard deviation of 22.08% for the trailing three-year period. With about 35 holdings, it has more concentrated exposure than peers.

Alternatives

Strive U.S. Energy ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, DRLL is an excellent option for investors seeking exposure to the Energy ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well.

Vanguard Energy Index Fund ETF Shares (VDE) tracks MSCI US Investable Market Energy 25/50 Index and the State Street Energy Select Sector SPDR ETF (XLE) tracks Energy Select Sector Index. Vanguard Energy Index Fund ETF Shares has $10.09 billion in assets, State Street Energy Select Sector SPDR ETF has $39.70 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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Strive U.S. Energy ETF (DRLL): ETF Research Reports

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research