Is XLE a good ETF to buy now?

XLE, the SPDR Energy ETF, has greatly outperformed the market over the past year, rising 45%, and in 2022, it’s up 28%. XLE yields 3.8% – we compare it to high-yield Energy-based funds.

Similarly What companies are XLE ETF? Top 10 Holdings

Company Symbol Total Net Assets
EOG Resources Inc. EOG 4.98%
ConocoPhillips COP 4.65%
Schlumberger Ltd. SLB 4.51%
Pioneer Natural Resources Co. PXD 4.46%

Which is better XLE or VDE? Over a one-year period, XLE is +48.1%, and VDE is +50.2%. To put those returns into perspective, both funds basically doubled the returns of the benchmark Vanguard S&P 500 ETF (NYSEARCA:VOO) which returned +25.3% over the same one-year period.

Additionally, What type of investment is XLE?

ETF Details

Category Natural Resources
Portfolio Style Natural Resources
Fund Status Open
Fund Inception December 16, 1998
Managers Schneider Feehily Janowsky

3 days ago

Is XLE a good buy 2022?

The weighted average market cap of the 21 energy stocks in this SPDR ETF is $161.0 billion with the largest Exxon Mobil at $335 billion and the smallest is APA (APA) at $12.9 billion. As sector bets go in 2022, XLE is a good one.

Will XLE stock go up? Given the current short-term trend, the fund is expected to rise 22.95% during the next 3 months and, with a 90% probability hold a price between $94.58 and $103.92 at the end of this 3-month period.

What is dividend of XLE? XLE Dividend Information

XLE has a dividend yield of 3.17% and paid $2.52 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 21, 2022.

What company owns SPDR? SPDR is a trademark of Standard and Poor’s Financial Services LLC, a subsidiary of S&P Global.

What is XLE oil?

XLE includes most of the largest and best known domestic oil and gas companies, including energy equipment and services companies. The two largest companies within the fund, by far, are Exxon Mobil Corporation (XOM) and Chevron Corporation (CVX), with each making up over 20 percent of the ETF. XLE holdings.

Is XLE undervalued? The Energy Select Sector SPDR ETF (XLE) remains more than 50% undervalued relative to the S&P 500 based on current oil prices.

What is the target price for XLE?

Implied XLE Analyst Target Price: $70

For the The Energy Select Sector SPDR— Fund ETF (XLE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $69.51 per unit.

Does the XLE pay a dividend? XLE Dividend Information

XLE has a dividend yield of 3.15% and paid $2.52 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 21, 2022.

What is the ex-dividend date for XLE?

XLE Dividend History

Ex/EFF DATE TYPE PAYMENT DATE
03/23/2020 CASH 03/26/2020
12/30/2019 CASH 01/03/2020
09/20/2019 CASH 09/25/2019
06/21/2019 CASH 06/26/2019

What is VOO dividend yield?

Vanguard S&P 500 (VOO): Dividend Yield

The Vanguard S&P 500 (VOO) ETF granted a 1.59% dividend yield in 2021.

What is QQQ dividend? The current TTM dividend payout for Invesco QQQ (QQQ) as of April 13, 2022 is $1.74. The current dividend yield for Invesco QQQ as of April 13, 2022 is 0.51%.

What is SPDR stand for? Key Takeaways

« Spider » refers to Standard & Poor’s Depository Receipts, or SPDR, which is an exchange-traded fund that tracks it’s underlying index, the S&P 500. The ETF trades at one-tenth of the value of the S&P.

What is SPY NYSE?

The SPDR S&P 500 trust is an exchange-traded fund which trades on the NYSE Arca under the symbol (NYSE Arca: SPY). SPDR is an acronym for the Standard & Poor’s Depositary Receipts, the former name of the ETF. It is designed to track the S&P 500 stock market index. This fund is the largest ETF in the world.

What is a spider investment? The term spider is the commonly-used expression to describe the Standard & Poor’s Depository Receipt (SPDR). This type of investment vehicle is an exchange-traded fund (ETF). You can think of an ETF as a basket of securities (like a mutual fund) that trades like a stock.

What holdings are in XLE?

XLE Top 10 Holdings[View All]

  • Exxon Mobil Corporation 22.18%
  • Chevron Corporation 21.45%
  • EOG Resources, Inc. 4.79%
  • ConocoPhillips 4.53%
  • Schlumberger NV 4.36%
  • Pioneer Natural Resources Company 4.30%
  • Occidental Petroleum Corporation 3.84%
  • Marathon Petroleum Corporation 3.69%

Is XLE actively managed? State Street Global Advisors Funds Management Inc.

Fund Information as of Apr 13 2022.

Benchmark Energy Select Sector Index
Investment Manager SSGA Funds Management, Inc.

What is XLE made of?

Top 10 Holdings (76.93% of Total Assets)

Name Symbol % Assets
Chevron Corp CVX 20.03%
ConocoPhillips COP 4.64%
EOG Resources Inc EOG 4.46%
Schlumberger Ltd SLB 4.43%

What does XLE hold? The Index includes companies from the following industries: oil, gas and consumable fuels; and energy equipment and services.

Is XLE a buy sell or hold? Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low.

Zacks Premium Research for XLE.

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell

What is Energy Select Sector SPDR?

About Energy Select Sector SPDR® ETF

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in the Energy Select Sector Index.

 

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