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

Core Insights - The State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) debuted on June 19, 2006, and provides broad exposure to the Energy ETFs category [1] Fund Overview - XOP has amassed over $1.82 billion in assets, making it one of the largest ETFs in the Energy sector [5] - The fund is managed by State Street Investment Management and aims to match the performance of the S&P Oil & Gas Exploration & Production Select Industry Index [5] - The S&P Oil & Gas Exploration & Production Select Industry Index is a modified equal weight index representing the oil and gas exploration and production sub-industry [6] Cost and Expenses - XOP has an annual operating expense ratio of 0.35%, positioning it as one of the least expensive products in the space [7] - The fund's 12-month trailing dividend yield is 2.62% [7] Sector Exposure and Holdings - The Energy sector represents 99.3% of XOP's portfolio, with Cnx Resources Corp (CNX) accounting for approximately 3.51% of total assets [8] - The top 10 holdings make up about 30.04% of XOP's total assets under management [9] Performance Metrics - As of January 1, 2026, XOP has gained about 0% year-to-date and is down approximately -2.12% over the past year [11] - The fund has traded between $101.91 and $145.88 in the past 52 weeks, with a beta of 0.75 and a standard deviation of 27.80% over the trailing three-year period, indicating a high-risk profile [11] Alternatives - Other ETFs in the energy space include Invesco Energy Exploration & Production ETF (PXE) with $75.61 million in assets and iShares U.S. Oil & Gas Exploration & Production ETF (IEO) with $419.71 million [13] - PXE has an expense ratio of 0.61% while IEO charges 0.38% [13]