SPDR S&P Oil & Gas Equipment & Services ETF (0L12)
LSE 
Summary
Should You Invest in the State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES)?
If you're interested in broad exposure to the Energy - Equipment and services segment of the equity market, look no further than the State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES), a passively managed exchange traded fund launched on June 19, 2006.
XES: A Real Oil-Services Recovery, But Holding Late After A 64% Run
SPDR S&P Oil & Gas Equipment & Services ETF (XES) is rated Hold, reflecting a disciplined but capped recovery after a 64% run in the past year. XES's equal-weight structure dilutes exposure to top gas-and-power growth names, concentrating risk in US land drillers most exposed to capital discipline and efficiency gains. Current oil prices ($55–65 WTI) and declining upstream capex limit upside, while efficiency gains structurally mute drilling activity that XES's land-heavy book depends on.
Is State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) a Strong ETF Right Now?
Designed to provide broad exposure to the Energy ETFs category of the market, the State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) is a smart beta exchange traded fund launched on 06/19/2006.
SPDR S&P Oil & Gas Equipment & Services ETF (0L12) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has SPDR S&P Oil & Gas Equipment & Services ETF ever had a stock split?
SPDR S&P Oil & Gas Equipment & Services ETF Profile
| LSE Exchange | US Country |
Overview
The company in question is designed to give investors exposure to the performance of the S&P Oil & Gas Equipment & Services Select Industry Index. This fund utilizes a sampling strategy, aiming to closely mirror the index's movements by investing primarily in the securities that comprise it. By dedicating at least 80% of its total assets to these securities, the company seeks to ensure that its portfolio closely aligns with the index it tracks. The S&P Oil & Gas Equipment & Services Select Industry Index itself is a segment of the larger S&P Total Market Index (S&P TMI), focusing specifically on companies involved in the oil and gas equipment and services sector. This targeted investment approach is designed to benefit investors seeking focused exposure to this particular niche within the energy market.
Products and Services
- Sampling Strategy Implementation
This service involves the strategic selection and investment in securities that closely represent the performance of the S&P Oil & Gas Equipment & Services Select Industry Index. By not investing in all index constituents but rather a sample that mirrors the overall index composition, the fund aims to efficiently manage resources while striving to achieve its investment objective.
- Investment in Index Securities
A core component of the fund's strategy is its investment in securities that make up the S&P Oil & Gas Equipment & Services Select Industry Index. By allocating substantially all, and in any case at least 80%, of its total assets in these securities, the fund ensures significant exposure to the oil and gas equipment and services sector. This methodology is central to the fund's goal of tracking the index's performance as closely as possible.
