State Street Energy Select Sector SPDR ETF (XLE) Holdings

For informational purposes only. Not financial advice.

Quick Answer

State Street Energy Select Sector SPDR ETF (XLE) has a last stored price of $63.72, as of the Oct 6, 2026 trading session. It has a 0.08% expense ratio and $41.8B in assets under management.

Holdings and weights below are as of Sep 21, 2026. In the stored portfolio snapshot, the largest listed holding is EXXONMOBIL HOLDINGS CORP (XOM) at 23.11%, and the largest sector allocation is Energy at 100.0%.

State Street Energy Select Sector SPDR ETF (XLE) ETF — Price, Holdings & Analysis

ETF Overview

The State Street Energy Select Sector SPDR ETF (XLE) is meticulously structured to replicate the total return of the Energy Select Sector Index, encompassing both price appreciation and dividend income, before accounting for its operational costs. This index is specifically designed to capture the performance of energy companies that are constituents of the S&P 500. XLE provides investors with precise, concentrated exposure to businesses operating across the core energy industries, including exploration and production of oil and natural gas, refining, marketing, storage, and the provision of associated equipment and services. This focused approach means that 100% of the fund's assets are allocated to the Energy sector, as reflected in its sector breakdown. The ETF's top holdings underscore this concentration, with ExxonMobil Holdings Corp (XOM) at 23.11%, Chevron Corp (CVX) at 17.73%, and ConocoPhillips (COP) at 6.78%, demonstrating a significant weighting towards integrated oil and gas majors. Launched on December 16, 1998, XLE has a long operational history, allowing market participants to utilize it for either strategic long-term allocations to the energy space or tactical short-term positions based on prevailing market conditions and outlooks for the sector. Its design offers a more refined exposure compared to broader, multi-sector equity funds, appealing to those with a specific conviction on the energy industry.

Risk Metrics

The State Street Energy Select Sector SPDR ETF (XLE) carries distinct risk characteristics primarily due to its highly concentrated investment mandate. With 100% of its assets allocated to the Energy sector, the fund is exceptionally susceptible to the cyclicality and volatility inherent in this industry. Performance is heavily influenced by global commodity prices, geopolitical events, regulatory changes, and supply-demand dynamics for oil, natural gas, and other consumable fuels. Furthermore, XLE exhibits significant single-stock concentration risk; its top two holdings, ExxonMobil (XOM) and Chevron (CVX), collectively account for 40.84% of the fund's total assets. This means the ETF's returns are disproportionately tied to the operational and financial performance of these two companies. The fund's 3-year Beta of -0.02 suggests a very low correlation to the broader market, indicating that its price movements have historically been largely independent of overall market trends, which can be a source of both diversification and idiosyncratic risk. While its expense ratio of 0.0800% is very low, minimizing expense drag, the inherent sector and single-stock concentration remain primary considerations for potential investors.

Beta: -0.02

Expense Ratio

0.08%

What does XLE hold?

Holding	Weight
EXXONMOBIL HOLDINGS CORP (XOM)	23.11%
CHEVRON CORP (CVX)	17.73%
CONOCOPHILLIPS (COP)	6.78%
MARATHON PETROLEUM CORP (MPC)	4.83%
VALERO ENERGY CORP (VLO)	4.83%
PHILLIPS 66 (PSX)	4.76%
WILLIAMS COS INC (WMB)	4.35%
SLB LTD (SLB)	3.87%
EOG RESOURCES INC (EOG)	3.86%
TARGA RESOURCES CORP (TRGP)	3.20%

Holdings and weights as of Sep 21, 2026.

How Is the Fund Allocated?

Sector	Weight
Energy	100.0%

Country	Weight
United States	99.5%
Other	0.5%

Dividend Yield

2.37%

ARK Innovation ETF (ARKK) — 0.75% expense ratio
Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
WisdomTree Emerging Markets ESG Fund (DVEM) — 0.32% expense ratio
Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) — 0.59% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio

State Street SPDR S&P Homebuilders ETF (XHB) (Equity) — 0.35% expense ratio
State Street US Equity Premium Income ETF (SPIN) (Equity) — 0.25% expense ratio
State Street Income Allocation ETF (INKM) (Multi-Asset) — 0.50% expense ratio
State Street SPDR Global Dow ETF (DGT) (Equity) — 0.50% expense ratio

Questions & Answers

What is XLE and what does it track?

The State Street Energy Select Sector SPDR ETF (XLE) is an equity-based exchange-traded fund designed to provide investors with targeted exposure to the energy sector.

It aims to mirror the performance of the Energy Select Sector Index, which comprises energy companies within the S&P 500.

What is the expense ratio for XLE?

The expense ratio for the State Street Energy Select Sector SPDR ETF (XLE) is 0.0800%. This is notably low, especially when compared to the broader category average for equity sector ETFs, which often hovers around 0.44%.

What are the top holdings in XLE?

The State Street Energy Select Sector SPDR ETF (XLE) maintains a concentrated portfolio heavily weighted towards major integrated oil and gas companies.

As of the latest data, its top holdings include ExxonMobil Holdings Corp (XOM), representing 23.11% of the fund's assets, and Chevron Corp (CVX), which accounts for 17.73%. ConocoPhillips (COP) is another significant holding at 6.78%.

Is XLE a good long-term investment?

Evaluating XLE as a long-term investment depends on an investor's specific outlook on the energy sector and their individual risk tolerance. The ETF provides focused exposure to U.S.

energy companies, a sector known for its cyclical nature and sensitivity to global commodity prices and economic conditions.

How does XLE compare to similar ETFs?

XLE distinguishes itself among energy sector ETFs primarily through its significant size and highly competitive expense ratio. With $41.80 billion in assets under management, it is one of the largest and most liquid funds tracking the U.S. energy sector.

Its expense ratio of 0.0800% is among the lowest in the industry, offering a cost-efficient way to gain exposure.

Does XLE pay dividends?

Yes, the State Street Energy Select Sector SPDR ETF (XLE) does pay dividends. As of the latest available data, XLE has a dividend yield of 2.37%.

This income component is derived from the dividends paid by the underlying energy companies held within the ETF's portfolio.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

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