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Friday, October 2, 2026The Morning Brief →Sign in
XLESPDRINDEX

Energy Select Sector SPDR Fund

$62.70+1.95% vs prior close
436652-WK

Price through Sep 30 · Flows through Sep 29. Figures use the latest available records, not a live quote. Fund details retrieved Oct 1. Holdings snapshot retrieved Oct 1.

In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Energy companies by the GICS®, including securities of companies from the following industries: oil, gas and consumable fuels; and energy equipment and services. It is non-diversified.

Price & daily flows
60.954.347.6Thu Sep 24 · Midstream's $1.1 billion is an income bidTue Sep 22 · The staples-discretionary spread is a holding-level storyWed Sep 09 · Energy ETFs split by how they touch the barrelThu Sep 03 · COAL's 23.4% August is a scarcity tradeThu Sep 03 · Single-Stock Options ETFs Make Volatility the Product62.70DAILY NET FLOWOct 1Jan 30Jun 1Oct 1

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$15.3B OVER THIS RANGE

The desk’s read

Money is leaving — −$712M in net outflows over the past month, about 1.8% of the fund's asset base, while the price has returned +40.2% so far this year. At 0.090% a year, no lower reported fee appears among the alternatives shown here.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$39.1Bassets under management
0.090%expense ratio · $9 per $10,000 a year
−$712Mnet flow, trailing month
33.7Mavg daily volume, 30 days
22holdings · US-domiciled
1998listed December 15, 1998 · beta -0.30
The book at a glance
XOM+0.7%CVX+1.4%MPC+6.3%COP+1.5%VLO+5.4%PSX+3.5%EOG+2.6%SLB-0.1%WMB+1.8%TRGP+3.3%KMI+1.3%BKR+1.3%OKE+2.2%DVN+2.4%OXY+4.6%FANG+0.9%EQT+3.2%HAL+0.3%EXE+2.2%TPL+3.3%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS THE CHANGE IN THE LATEST AVAILABLE SNAPSHOT · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1XOMEXXON MOBIL20.27%$163.82+0.7%
2CVXCHEVRON14.39%$207.10+1.4%
3MPCMARATHON PETROLEUM4.46%$420.15+6.3%
4COPCONOCOPHILLIPS5.87%$127.06+1.5%
5VLOVALERO ENERGY4.42%$408.46+5.4%
6PSXPHILLIPS 664.39%$264.23+3.5%
7EOGEOG RESOURCES4.45%$141.31+2.6%
8SLBSCHLUMBERGER4.53%$48.66-0.1%
9WMBWILLIAMS COMPANIES4.50%$69.22+1.8%
10TRGPTARGA RESOURCES4.00%$279.31+3.3%
11KMIKINDER MORGAN4.35%$30.53+1.3%
12BKRBAKER HUGHES3.82%$55.62+1.3%
13OKEONEOK3.81%$87.16+2.2%
14DVNDEVON ENERGY3.31%$47.16+2.4%
15OXYOCCIDENTAL PETROLEUM2.45%$57.84+4.6%

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Sector weights
Energy100%
Energy Minerals82.38%
Industrial Services16.09%
Other0.14%
Mutual fund0.07%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+1.1%
1 month-3.2%
3 months+18.7%
6 months+1.2%
YTD+40.2%
1 year+40.4%
3 years—

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week−$604M
1 month−$712M
3 months−$2.1B
YTD+$1.9B
1 year+$15.3B

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
OctNovDecJanFebMarAprMayJunJulAugSep
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
21%realized volatility, 30 days (annualized)
22%realized volatility, 1 year
-15.6%deepest fall from a peak, 1 year
-4.9%latest close versus that peak

The top holding is 20.3% of the book; the top ten carry 72%. Spread across 23+ names, it behaves like roughly 11 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
38Kcalls · latest snapshot
22Kputs · latest snapshot
0.57put/call ratio
39.9Mshares traded
Most-traded holdings, options premiumBullishBearish
XOM EXXON MOBIL$19M$18M
VLO VALERO ENERGY$10M$8M
MPC MARATHON PETROLEUM$10M$8M
CVX CHEVRON$3M$4M
OXY OCCIDENTAL PETROLEUM$4M$3M

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against XLE

Due diligence cuts both ways. These funds sit on the same shelf and beat XLE on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
SPDW State Street SPDR Portfolio Developed World ex-US ETF0.03%$41.5B+$286M-6bp on fee · +$286M in over the monthHead-to-head
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF0.03%$18.2B+$199M-6bp on fee · +$199M in over the monthHead-to-head
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.9B+$497M-5bp on fee · +$497M in over the monthHead-to-head
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF0.04%$23.7B+$575M-5bp on fee · +$575M in over the monthHead-to-head
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF0.04%$18.6B+$412M-5bp on fee · +$412M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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