Free Trial
NYSEARCA:XLE

Energy Select Sector SPDR Fund (XLE) Price, Holdings, & News

$89.99
-0.36 (-0.40%)
(As of 06/7/2024 08:52 PM ET)
Today's Range
$89.55
$91.04
50-Day Range
$89.88
$98.08
52-Week Range
$76.72
$98.97
Volume
10.04 million shs
Average Volume
16.06 million shs
Market Capitalization
$38.99 billion
Assets Under Management
$37.11 billion
Dividend Yield
3.58%
Net Expense Ratio
0.10%
XLE stock logo

About Energy Select Sector SPDR Fund (NYSEARCA:XLE)

Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services. The Fund’s investment advisor is SSgA Funds Management, Inc.

XLE Stock Price History

XLE ETF News Headlines

Energy Sector Dip Presents a Compelling Buying Opportunity
The energy sector has experienced notable activity this year, with a significant rise in crude oil prices, up 13.33% YTD, and firm performance among major energy stocks. Despite a recent pullback, the sector's current dynamics suggest a favorable risk-reward scenario for investors seeking exposure.
Energy Sector Dip Presents a Compelling Buying Opportunity
The recent dip in the energy sector may present a buying opportunity as it consolidates bullishly above its rising 200-day Simple Moving Average.
Is energy the gateway into the AI trade?
See More Headlines
Receive XLE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Energy Select Sector SPDR Fund and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
SSgA
Fund Name
Energy Select Sector SPDR Fund
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:XLE
Inception Date
12/16/1998
Fund Manager
Mike Feehily, Karl Schneider, David Chin

Fund Focus

Asset Class
Equity
Benchmark
S&P Energy Select Sector Index
Category
Sector
Focus
Energy
Development Level
Developed Markets
Region
North America
Number of Holdings
25

Fund Statistics

Assets Under Management
$37.11 billion
Average Daily Volume
$13.18 million
Discount/Premium
-0.02%

Administrator, Advisor and Custodian

Administrator
State Street Bank and Trust Company
Advisor
SSgA Funds Management, Inc.
Custodian
State Street Bank and Trust Company
Distributor
ALPS Portfolio Solutions Distributor, Inc.
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Citadel

Options

Optionable
Optionable
Options Volume
69,184
Put Options
28,956
Call Options
40,228
Short Interest
31,790,000 shs

Miscellaneous

Beta
0.48
Creation Unit
50,000
Creation Fee
$500.00
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Energy Select Sector SPDR Fund Expenses

TypeXLEEnergy ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.03%0.62%0.54%0.50%0.51%
Other Expenses0.07%0.25%0.54%0.64%0.58%
Total Expense0.10%0.70%0.70%0.73%0.70%
Fee Waiver0.00%-0.20%-0.54%-0.68%-0.56%
Net Expense0.10%0.71%0.60%0.58%0.58%

Energy Select Sector SPDR Fund (XLE) Holdings & Exposure

Should I Buy Energy Select Sector SPDR Fund Stock? XLE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Energy Select Sector SPDR Fund:

  • Energy sector poised for growth due to increasing global energy demand, especially with economic recovery post-pandemic.
  • Energy Select Sector SPDR Fund provides diversified exposure to various energy companies, reducing individual stock risk.
  • Current stock price of Energy Select Sector SPDR Fund is relatively low, potentially offering a good entry point for investors.
  • Renewable energy investments within the fund can provide exposure to the growing sustainable energy market.
  • Potential for increased dividends from energy companies within the fund as energy prices stabilize and demand rises.

Cons

Investors should be bearish about investing in Energy Select Sector SPDR Fund for these reasons:

  • Volatility in energy prices can impact the fund's performance, leading to fluctuations in returns.
  • Regulatory changes and government policies can affect energy companies within the fund, impacting profitability.
  • Environmental concerns and shifting consumer preferences towards sustainable energy may pose long-term challenges for traditional energy companies in the fund.
  • Geopolitical tensions and global events can disrupt energy markets, affecting the fund's performance.
  • Uncertainty surrounding the future of fossil fuels and the transition to cleaner energy sources may impact the fund's holdings.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 2, 2024. Please send any questions or comments about these Energy Select Sector SPDR Fund pros and cons to contact@marketbeat.com.

XLE ETF - Frequently Asked Questions

How have XLE shares performed in 2024?

Energy Select Sector SPDR Fund's stock was trading at $83.84 at the start of the year. Since then, XLE stock has increased by 7.3% and is now trading at $89.99.
View the best growth stocks for 2024 here
.

What does XLE invest in?

Energy Select Sector SPDR Fund is a equity fund issued by SSgA. XLE focuses on energy investments and follows the S&P Energy Select Sector Index. The fund's investments total to approximately $37.11 billion assets under management.

What stocks does Energy Select Sector SPDR Fund hold?
What is the management fee for Energy Select Sector SPDR Fund?

Energy Select Sector SPDR Fund's management fee is 0.03% and has other expenses of 0.07%. The net expense ratio for XLE is 0.10%.

What other stocks do shareholders of Energy Select Sector SPDR Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Select Sector SPDR Fund investors own include NVIDIA (NVDA), Alibaba Group (BABA), Bank of America (BAC), Exxon Mobil (XOM), Walt Disney (DIS), Netflix (NFLX), AT&T (T), Intel (INTC), Chevron (CVX) and Tesla (TSLA).

Who are Energy Select Sector SPDR Fund's major shareholders?

Energy Select Sector SPDR Fund's stock is owned by a variety of institutional and retail investors. Top institutional investors include Twin Tree Management LP (0.00%), Harel Insurance Investments & Financial Services Ltd. (0.50%), Raymond James & Associates (0.41%), Bessemer Group Inc. (0.36%), Walleye Trading LLC (0.00%) and Osaic Holdings Inc. (0.28%).

How do I buy shares of Energy Select Sector SPDR Fund?

Shares of XLE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:XLE) was last updated on 6/10/2024 by MarketBeat.com Staff

From Our Partners