XES

State Street SPDR S&P Oil & Gas Equipment & Services ETF

$79.89

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The SPDR S&P Oil & Gas Equipment & Services ETF (XES) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Oil & Gas Equipment & Services Select Industry Index.

Overview

ETF tracking State Street SPDR S&P Oil & Gas Equipment & Services ETF

Category Energy

Issuer State Street

Inception Date 2008-11-07

Market Cap $176.9M

Average Volume N/A

Dividend Yield 1.70%

52-Week Range $52.84 - $87.51

VWAP $79.59

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a portfolio of securities that seeks to track the performance of the underlying index, which is designed to measure the performance of the oil and gas equipment and services sub-industry portion of the S&P Total Market Index.

✨ Key Features

Provides exposure to companies involved in the oil and gas equipment and services industry
Seeks to track the performance of the S&P Oil & Gas Equipment & Services Select Industry Index
Low expense ratio of 0.00%
Relatively small fund with $0 in assets under management

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry sector
Volatility risk as the oil and gas industry can be subject to significant price swings
Liquidity risk due to the small size of the fund
Tracking error risk as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking targeted exposure to the oil and gas equipment and services industry as part of a diversified portfolio. However, due to the small size and high concentration of the fund, it may be more appropriate for experienced investors with a higher risk tolerance.