S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSEARCA:XLE

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

$93.84
-0.29 (-0.31%)
(As of 04/18/2024 ET)
Today's Range
$93.51
$94.72
50-Day Range
$83.30
$98.08
52-Week Range
$76.25
$98.97
Volume
12.73 million shs
Average Volume
16.96 million shs
Market Capitalization
$40.41 billion
Assets Under Management
$40.35 billion
Dividend Yield
3.43%
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

Kinder Morgan Stock Bid Up In An Oil Breakout (XLE)
Kinder Morgan is the oil stock that stood out to markets enough to bring its valuation to a premium above peers, and analysts still see a double-digit upside
3 Energy Stocks to Consider as the Sector Breaks Out
The energy market has been ablaze with activity this year, particularly in crude oil. Witnessing a remarkable ascent, the WTI crude oil futures, America's primary oil price benchmark, have soared from almost $70 a barrel at the onset of the year to nearly $90 a barrel in recent times, up 23% year-to-date.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
3 Energy Stocks to Consider as the Sector Breaks Out (XLE)
WTI's surge from $70 to nearly $90 a barrel, marking a 23% year-to-date increase, promises gains for oil companies, while the XLE has outpaced the market.
This Underrated Natural Gas Stock Could Rally Double-Digits Soon (XLE)
As demand for natural gas could make its prices catch up to oil, this stock is the clear choice for institutions to consider buying for double-digit upside
MarketBeat Week in Review – 3/18 – 3/22 (XLE)
Investors took a breather after the Fed-induced rally and before a shortened trading week that will include plenty of economic reports that could move markets
Energy Sector Nears Multi-Year Resistance: Breakout Ahead?
As the U.S. market hovers near all-time highs, one sector has quietly surged higher and now stands at a critical juncture - the energy sector. While the broader market has experienced a significant uptick year-to-date and achieved new all-time highs, led firmly by the technology sector, the energy sector has steadily increased while remaining out of the limelight.
Energy Sector Nears Multi-Year Resistance: Breakout Ahead? (XLE)
The XLE has outperformed the broader market year-to-date and is now approaching a major multi-year resistance and breakout level near $93.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
XLE ETF Factor Report
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
26

Fund Statistics

Assets Under Management
$40.35 billion
Average Daily Volume
$17.22 million
Discount/Premium
0.03%

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
88,743
Put Options
43,171
Call Options
45,572
Short Interest
24,910,000 shs

Miscellaneous

Beta
0.52
Creation Unit
50,000
Creation Fee
$500.00
7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

Energy Select Sector SPDR Fund Expenses

TypeXLEEnergy ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.03%0.61%0.54%0.50%0.51%
Other Expenses0.07%0.25%0.54%0.64%0.58%
Total Expense0.10%0.69%0.70%0.74%0.70%
Fee Waiver0.00%-0.20%-0.55%-0.68%-0.57%
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:

  • The Energy Select Sector SPDR Fund (XLE) provides broad exposure to the Energy sector, allowing investors to diversify their portfolio and potentially benefit from the performance of this industry.
  • With the current rise in oil prices, companies in the oil, gas, and consumable fuels industry within the Energy Select Sector Index may experience increased profitability, which could positively impact the fund's performance.
  • Investing in the Energy sector can act as a hedge against inflation, as energy prices often rise during inflationary periods, providing a potential safeguard for investors' portfolios.
  • The Energy Select Sector SPDR Fund is managed by SSgA Funds Management, Inc., a reputable investment advisor with expertise in managing sector-specific ETFs, offering investors professional management of their assets.
  • Given the global focus on renewable energy and the transition towards cleaner sources, investing in the Energy sector now could present an opportunity for potential growth as companies adapt to changing market dynamics.

Cons

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

  • The Energy sector is highly volatile, and fluctuations in oil prices, geopolitical events, and regulatory changes can significantly impact the fund's performance, leading to potential losses for investors.
  • Environmental concerns and the shift towards sustainable energy sources may pose long-term challenges for traditional energy companies included in the Energy Select Sector Index, affecting the fund's returns.
  • Investing in sector-specific funds like XLE exposes investors to concentration risk, as the fund's performance is closely tied to the Energy sector's performance, which can be influenced by sector-specific factors.
  • The Energy sector is sensitive to global economic conditions, and any economic downturn or recession could negatively affect the fund's holdings, leading to decreased returns for investors.
  • Considering the ongoing transition towards renewable energy, investing in traditional energy companies through the Energy Select Sector SPDR Fund may face challenges in the long term as the industry evolves.
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 Thursday, April 11, 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 on January 1st, 2024. Since then, XLE stock has increased by 11.9% and is now trading at $93.84.
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 $40.35 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 CHURCHILL MANAGEMENT Corp (0.29%), Congress Wealth Management LLC DE (0.17%), Miracle Mile Advisors LLC (0.09%), Municipal Employees Retirement System of Michigan (0.09%), Forbes J M & Co. LLP (0.09%) and Global Assets Advisory LLC (0.09%).

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 4/18/2024 by MarketBeat.com Staff

From Our Partners