What is Energy SPDR?
About Energy Select Sector SPDR® ETF The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in the Energy Select Sector Index.
What are the SPDR sectors?
Eleven SPDR sector ETFs to buy now:
- Technology Select Sector SPDR Fund (XLK)
- Financial Select Sector SPDR Fund (XLF)
- Health Care Select Sector SPDR Fund (XLV)
- Consumer Discretionary Select Sector SPDR Fund (XLY)
- Industrial Select Sector SPDR Fund (XLI)
- Energy Select Sector SPDR Fund (XLE)
Is SPDR and ETF?
Spider (SPDR) is a short form name for a Standard & Poor’s depository receipt, an exchange-traded fund (ETF) managed by State Street Global Advisors that tracks the Standard & Poor’s 500 index (S&P 500). SPDRs can also refer to the general group of ETFs to which the Standard & Poor’s depositary receipt belongs.
Is XLE a good fund?
XLE is rated a 5 out of 5.
What companies are in XOP?
Top 25 Holdings
| Company | Symbol | Total Net Assets |
|---|---|---|
| Valero Energy Corp. | VLO | 2.44% |
| Southwestern Energy Co. | SWN | 2.39% |
| EQT Corp. | EQT | 2.38% |
| EOG Resources Inc. | EOG | 2.37% |
Is an ETF a sector fund?
Natural Resources Sector Funds “Natural resources” refers to commodity-based industries such as energy, chemicals, minerals, and forest products. Mutual fund and ETF portfolios, also known as “sector funds,” will often invest in holdings in these areas to offer broad exposure to natural resources.
What is the difference between SPDR and ETF?
SPDR exchange traded funds are issued by State Street Global Advisors and are designed to track indexes or benchmarks. SPDR 500 Trust, sometimes called spiders, holds the same stocks as the S&P 500 Index. ETFs differ from mutual funds in that shares are traded on the exchanges like shares of stock.
Which companies are in XLE?
Top 23 Holdings
| Company | Symbol | Total Net Assets |
|---|---|---|
| Exxon Mobil Corp. | XOM | 22.89% |
| Chevron Corp. | CVX | 20.68% |
| ConocoPhillips | COP | 4.73% |
| Marathon Petroleum Corp. | MPC | 4.57% |
What kind of fund is XLE?
XLE – Energy Select Sector SPDR Fund
| Net Assets | 25.55B |
|---|---|
| Yield | 3.92% |
| YTD Daily Total Return | 32.91% |
| Beta (5Y Monthly) | 1.95 |
| Expense Ratio (net) | 0.12% |
Is ETF an energy?
Energy exchange-traded funds (ETFs) invest primarily in stocks of natural gas, oil, and alternative energy companies. The ETF approach provides diversification across the industry, allowing investors to gain exposure without taking on the level of risk inherent in investing in a specific energy company.