XOP
State Street SPDR S&P Oil & Gas Exploration & Production ETF
📎 Investment Objective
The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index.
Overview
ETF tracking State Street SPDR S&P Oil & Gas Exploration & Production ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index.
🎯 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 exploration and production sub-industry portion of the S&P Total Market Index.
✨ Key Features
- Provides exposure to the oil and gas exploration and production industry
- Diversified portfolio of companies involved in the exploration, extraction, and production of oil and natural gas
- Passively managed to track the performance of the underlying index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry sector
- Volatility risk due to the cyclical nature of the energy industry
- Commodity price risk as the fund's performance is tied to the fluctuations in oil and gas prices
- Regulatory and environmental risks that can impact the operations of energy companies
👤 Best For
This ETF may be suitable for investors seeking exposure to the oil and gas exploration and production industry as part of a diversified portfolio. Investors should be comfortable with the inherent volatility and risks associated with the energy sector.