Core Insights - The SPDR S&P Oil & Gas Equipment & Services ETF (XES) is a smart beta ETF that provides broad exposure to the Energy ETFs category, launched on June 19, 2006 [1] - The fund is sponsored by State Street Investment Management and has assets exceeding $214.01 million, positioning it as an average-sized ETF in the Energy sector [5] - The ETF seeks to match the performance of the S&P Oil & Gas Equipment & Services Select Industry Index, which represents the oil and gas equipment and services sub-industry [6] Fund Characteristics - XES has an annual operating expense ratio of 0.35% and a 12-month trailing dividend yield of 1.72%, making it one of the least expensive products in its category [7] - The fund is heavily allocated to the Energy sector, with its top 10 holdings accounting for approximately 47.77% of total assets [9] - Solaris Energy Infrastructure (SEI) is the largest holding at about 5.26% of total assets, followed by Liberty Energy Inc (LBRT) and Helmerich + Payne (HP) [9] Performance Metrics - As of October 24, 2025, XES has gained about 1.46% year-to-date and 3.46% over the past year, with a trading range between $52.84 and $87.51 in the last 52 weeks [11] - The ETF has a beta of 1.20 and a standard deviation of 35.04% over the trailing three-year period, indicating a higher risk profile compared to peers [11] Alternatives and Comparisons - Alternatives to XES include iShares U.S. Oil Equipment & Services ETF (IEZ) and VanEck Oil Services ETF (OIH), with assets of $119.22 million and $1.05 billion respectively [13] - IEZ has an expense ratio of 0.38%, while OIH charges 0.35%, providing investors with options that may better suit their investment strategies [13]

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: JPMorgan Chase is appointing Kevin Brunner, a Bank of America veteran, its next global chair of investment banking and mergers and acquisitions, according to a memo seen Friday by Banking Dive. Brunner will split his time between New York City and San Francisco, and report to Filippo Gori and John Simmons, the lender’s co-heads of global banking. Brunn ...

Swiss digital asset bank Sygnum has partnered with Bitcoin lending startup Debifi to launch MultiSYG, a bank-backed Bitcoin loan platform that lets borrowers retain shared control of their collateral. The product, set to launch in the first half of 2026, targets institutions and high-net-worth individuals seeking secure, transparent lending without giving full custody of their assets. A Shift Away From Custodial Lending With MultiSYG, users will be able to bypass the requirement of giving up custody of ...

Group 1 - Apple has begun shipping American-made AI servers from Texas as part of its commitment to invest $600 billion in the US [1] - Disney warns that ESPN and other networks may disappear from YouTube TV if a new distribution agreement is not reached by the end of the month [2] - Ford's shares are rising after third quarter results exceeded expectations, although the automaker has lowered its full-year guidance [2] Group 2 - Deckers Outdoors shares are declining due to weaker than expected revenue, despite the forecast for Q2 results beating expectations for the owner of Hoka and UGG Shoes [3]

Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) is one of the most undervalued Hong Kong stocks to buy, according to analysts. On October 6, the company launched the world’s first and Macau’s only integrated resort Hospital in partnership with iRad, Hong Kong’s largest MRI diagnostic services provider. Melco Resorts & Entertainment Ltd (MLCO) Launches First Integrated Resort Hospital in Macau Credit: Park Hotels & Resorts The hospital will feature MRI & CT facilities, world-class screening and diagnosti ...

Oct 24, 2025 7:20 AM Eastern Daylight Time Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Halper Sadeh LLC Encourages Malibu Boats, Inc. Shareholders to Contact the Firm to Discuss Their Rights Share Shareholders should c ...

Core Viewpoint - Perella Weinberg Partners plans to release its financial results for Q3 2025 on November 7, 2025, before market opening [1] Group 1: Financial Results Announcement - The financial results for Q3 2025 will be released on November 7, 2025, before the market opens [1] - A conference call and webcast will be held on the same day at 9:00 AM ET to review the results [2] - The conference call will be accessible to the public via a listen-only webcast on the company's website [2] Group 2: Replay Information - A replay of the conference call will be available two hours after the live call until November 14, 2025 [2] - The replay can be accessed by dialing (800) 753-6121 for domestic calls or (402) 220-2676 for international calls [2] Group 3: Company Overview - Perella Weinberg is a leading global independent advisory firm providing strategic and financial advice to a diverse client base [3] - The firm serves corporations, financial sponsors, governments, and sovereign wealth funds [3] - Perella Weinberg has approximately 700 employees and maintains offices in major cities including New York, London, and San Francisco [3]

Sun Hung Kai Properties Ltd (OTCMKTS:SUHJY) is one of the most undervalued Hong Kong stocks to buy, according to analysts. On October 16, UBS downgraded Sun Hung Kai Properties (HK:0016) from Buy to Neutral, setting a price target of HK$96.00. UBS Downgrades Sun Hung Kai Properties Ltd (SUHJY) Amid Valuation Concerns The firm cited a balanced risk-reward profile following a 31% year-to-date rally, driven by a rebound in Hong Kong’s residential market. Despite a low price-to-book ratio and NAV discount, U ...

JD.com, Inc. (NASDAQ:JD) is one of the most undervalued Hong Kong stocks to buy, according to analysts. On October 14, JD.com, Inc. (NASDAQ:JD) announced a new electric vehicle collaboration with battery giant CATL and automaker GAC. Public test drives are set to begin at the end of October, with the official launch scheduled for November 9. While JD won’t manufacture the vehicle, it will offer consumer insights and exclusive sales channels to support the rollout. JD.com Teams Up for Electric Vehicle Laun ...

Core Viewpoint - Geely Automobile Holdings Ltd is considered one of the most undervalued stocks in Hong Kong, with a recent announcement of a HK$2.3 billion buyback program aimed at reinforcing investor confidence and returning value to shareholders [1][2]. Group 1: Buyback Program - The board of Geely Automobile has approved a buyback program worth HK$2.3 billion, intending to repurchase up to 10% of its issued shares from the open market, pending regulatory approval [2]. - This buyback initiative is a strategic move to demonstrate the company's confidence in its financial health and future business prospects [2]. Group 2: Shareholder Value - The buyback program highlights Geely's commitment to returning value to its shareholders, complementing the current dividend yield of 1.68% for passive investors [3]. Group 3: Company Overview - Geely Automobile is a prominent automobile manufacturer, producing and selling vehicles and components under the brands Geely, Lynk & Co., and Zeekr, with a focus on traditional cars, SUVs, and New Energy Vehicles (NEVs) [4].