XLE ETF — Holdings & Analysis

State Street Energy Select Sector SPDR ETF (XLE), managed by SPDR, is an equity ETF. 0.08% expense ratio, $40.0B AUM, 21 holdings, inception 1998.

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

State Street Energy Select Sector SPDR ETF (XLE), managed by SPDR, is an equity ETF. 0.08% expense ratio, $40.0B AUM, 21 holdings, inception 1998.

ETF Overview

The State Street Energy Select Sector SPDR ETF (XLE) is engineered to mirror the overall return (both price appreciation and dividend income) of the Energy Select Sector Index, prior to any operational costs. This underlying index is specifically constructed to accurately reflect the performance of the energy companies within the S&P 500. The ETF grants investors precise access to businesses engaged in core energy industries, including oil, natural gas, other consumable fuels, and the associated equipment and services sectors. This focused targeting allows market participants to establish either long-term strategic allocations or short-term tactical positions within the energy space, offering a more refined exposure than conventional, broad-based investment styles.

The State Street Energy Select Sector SPDR ETF (XLE) is engineered to mirror the overall return (both price appreciation and dividend income) of the Energy Select Sector Index, prior to any operational costs. This underlying index is specifically constructed to accurately reflect the performance of the energy companies within the S&P 500. The ETF grants investors precise access to businesses engaged in core energy industries, including oil, natural gas, other consumable fuels, and the associated equipment and services sectors. State Street Energy Select Sector SPDR ETF provides exposure to the equity market. The portfolio is concentrated with 21 holdings. The top three holdings account for 41.7% of assets, indicating meaningful single-stock concentration.

Risk Metrics

State Street Energy Select Sector SPDR ETF holds only 21 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. The top three holdings represent 41.7% of the portfolio, introducing concentration risk. Heavy allocation to Energy (100.0%) means sector-specific downturns could disproportionately affect performance. A beta of -0.08 indicates lower volatility relative to the broader market.

Expense Ratio

0.08%

What does XLE hold?

Holding	Weight
EXXONMOBIL HOLDINGS CORP (XOM)	20.56%
CHEVRON CORP (CVX)	15.00%
CONOCOPHILLIPS (COP)	6.15%
MARATHON PETROLEUM CORP (MPC)	5.43%
PHILLIPS 66 (PSX)	5.28%
VALERO ENERGY CORP (VLO)	5.09%
SLB LTD (SLB)	4.44%
EOG RESOURCES INC (EOG)	4.24%
WILLIAMS COS INC (WMB)	3.86%
BAKER HUGHES CO (BKR)	3.82%

How Is the Fund Allocated?

Sector	Weight
Energy	100.0%

Country	Weight
United States	100.0%
Other	0.1%

Dividend Yield

3.54%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio

State Street Financial Select Sector SPDR ETF (XLF) (Equity) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) (Equity) — 0.16% expense ratio
State Street SPDR S&P 500 ETF (SPY) (Equity) — 0.09% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) (Equity) — 0.08% expense ratio
State Street US Equity Premium Income ETF (SPIN) (Equity) — 0.25% expense ratio
State Street SPDR Global Dow ETF (DGT) (Equity) — 0.50% expense ratio

Risk Metrics

Beta: -0.08

Questions & Answers

What is State Street Energy Select Sector SPDR ETF (XLE)?

This underlying index is specifically con It holds 21 securities. With $40.0B in assets under management, it is one of the larger funds in its category.

What is the expense ratio for XLE?

State Street Energy Select Sector SPDR ETF has an expense ratio of 0.08%, which is considered very low for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $8.

Lower expense ratios generally lead to better long-term returns, all else being equal.

What are the top holdings in XLE?

The three largest positions in State Street Energy Select Sector SPDR ETF are EXXONMOBIL HOLDINGS CORP (XOM, 20.6%), CHEVRON CORP (CVX, 15.0%), CONOCOPHILLIPS (COP, 6.1%). Together these top three holdings represent 41.7% of the fund, out of 21 total positions.

The fund has a concentrated portfolio.

How long has XLE been around?

State Street Energy Select Sector SPDR ETF was launched in 1998, making it 28 years old. As one of the longer-running ETFs, it has an extensive performance track record through multiple market cycles. It is managed by SPDR.

Does XLE pay dividends?

Yes, State Street Energy Select Sector SPDR ETF currently offers a dividend yield of approximately 3.54%. This yield is in line with market averages. Dividend distributions are typically paid quarterly, though the amount can vary.