Oil, Gas & Consumable Fuels ETFs are specialized investment vehicles that offer exposure to the energy sector, specifically targeting companies involved in the exploration, production, and distribution of oil, gas, and other consumable fuels. These ETFs track indices that may include a diverse range of stocks from multinational giants to smaller, niche players in the energy market. Investors can benefit from the sector's growth potential, hedge against inflation, or diversify their portfolios through these ETFs. They also provide the convenience of trading like stocks with the added advantage of built-in diversification to mitigate some of the risks associated with the volatility of energy prices.