I hate to buy when sectors are hot but I wanted to get the opinion from others on the ER forum. I have been watching the Vanguard Viper Energy for a little while but the question is will oil (accounts for the majority of the ETF) stay high or go higher? Is the supply really tight? Also will energy be a good hedge in a time of higher inflation (seems like it b/c it contributes to higher prices)? I also cranked some data and found the returns of energy related stocks to only be slightly positively correlated (.21) with the S&P over a 10 yr period. Thoughts? Concerns? Ballyhoo?