What is Energy Select Sector SPDR Fund?

The Energy Select Sector SPDR (symbol XLE), the oldest exchange-traded fund to focus on the energy business, remains one of the best for providing you with a diversified package of stocks in the oil, coal and natural gas industries. And with nearly $12 billion in assets, it’s one of the largest ETFs.

Similarly Is XLE a good buy? 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.

What companies are in XLE stock? Top 10 Holdings

Company Symbol Total Net Assets
Exxon Mobil Corp. XOM 22.90%
Chevron Corp. CVX 20.57%
EOG Resources Inc. EOG 4.98%
ConocoPhillips COP 4.65%

Additionally, Is XLE a buy or sell?

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

Is XLE an oxy?

ETF.com Insight

Occidental Petroleum Corporation is a company in the U.S. stock market and it is a holding in 199 U.S.-traded ETFs. OXY has around 111.4M shares in the U.S. ETF market. The largest ETF holder of OXY is the Energy Select Sector SPDR Fund (XLE), with approximately 24.53M shares.

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 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.

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.

Why is XLE selling off?

The energy sector was one of the worst-performing sectors in 2020 as the economic lockdown due to the global Covid-19 pandemic crushed energy demand. The commodity complex of which energy is one of the largest components predictably has also sold off, which indicates the market has priced in a drop in demand.

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.

Who owns SPDR?

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

Is SPDR a good long term investment? If you’re a long-term investor, any time is a good time to buy SPY stock. Given how diversified it is, SPY is the ultimate « set it and forget it » stock. Over the long term, the S&P 500 has returned 10.2% a year on average since 1928 including dividends, says IFA.com.

What is the difference between SPDR and ETF?

SPDR exchange traded funds are issued by State Street Global Advisors and are designed to track indexes or benchmarks. SPDR 500 Trust, sometimes called spiders, holds the same stocks as the S&P 500 Index. ETFs differ from mutual funds in that shares are traded on the exchanges like shares of stock.

Is XLE a 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.

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.

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.

Which stock has the highest dividend?

Dividend stocks can be a great choice for investors looking for regular income.

25 high-dividend stocks.

Symbol Company Name Dividend Yield
CVX Chevron Corp 3.48%
PFG Principal Financial Group Inc 3.48%
DLR Digital Realty Trust Inc 3.44%
HAS Hasbro Inc. 3.41%

• 1 avr. 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

Are SPDR funds good?

SPDR ETFs are often easier to invest in than individual stocks, but there is still a risk involved. They tend to be a safer investment option than individual stocks and maintain a lower level of volatility while still offering a return on investment.

How many SPDR sectors are there? Sector Investing

The Global Industry Classification Standard (GICS) consists of 11 sectors: Communication Services, Consumer Discretionary, Consumer Staples, Energy, Financials, Health Care,Industrials, Information Technology, Materials, Real Estate, and Utilities.

How many SPDR ETFs are there?

SPDR ETF Overview

With 139 ETFs traded on the U.S. markets, SPDR ETFs have total assets under management of $1,056.28B.

Are there fees with SPDR? Low fees — Because it’s an index, rather than a managed fund, SPY has a very low expense ratio. Investors pay just 0.1% in fees to own this ETF compared to rates as high as 1% to 3% for professionally managed funds.

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 the difference between XLE and XOP?

XLE and XOP are both SPDR ETF offerings that track the oil and gas industry. Many of the stocks in each fund are the same, however, the allocations vary significantly. The primary difference between the funds is that XLE is designed to follow energy stocks within the S&P 500, while XOP tracks a broader basket.

 

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