Is SPDR S&P Oil & Gas Exploration & Production ETF (XOP) a Strong ETF Right Now?

Core Insights - The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is a smart beta ETF launched on June 19, 2006, providing broad exposure to the Energy ETFs category [1] Fund Overview - XOP is managed by State Street Investment Management and has accumulated over $1.95 billion in assets, making it one of the largest ETFs in the Energy sector [5] - The fund aims to match the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, which represents the oil and gas exploration and production sub-industry [6] Cost and Performance - XOP has an annual operating expense of 0.35%, positioning it as one of the least expensive options in its category, with a 12-month trailing dividend yield of 2.50% [7] - The ETF has experienced a loss of approximately -1.69% year-to-date and is down about -3.3% over the past year as of August 25, 2025 [11] Sector Exposure and Holdings - The ETF has a significant allocation in the Energy sector, comprising about 98% of its portfolio [8] - Hf Sinclair Corp (DINO) represents approximately 3.24% of total assets, with the top 10 holdings accounting for about 30.51% of total assets under management [9] Alternatives - Other ETFs in the energy space include Invesco Energy Exploration & Production ETF (PXE) with $69.94 million in assets and iShares U.S. Oil & Gas Exploration & Production ETF (IEO) with $468.13 million [13]