
As the U.S. war in Iran enters its third month, the market has seemingly stabilized after initial concerns about energy industry shocks and the price of oil. However, ongoing political developments—including the continuing ceasefire beginning in early April—mean that uncertainty is still very much a predominant factor. Investors may anticipate further volatility if the ceasefire should end and conflict resumes.
One way to play this unpredictability is through exchange-traded funds (ETFs), which allow a portfolio to benefit from industry-specific surges. Below are two funds worth considering, depending on whether you have an optimistic or pessimistic view of future developments in the Middle East.