State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP)
State Street SPDR S&P Oil & Gas Exploration & Production ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $181.87, down 1.19% on the session, giving a market capitalisation of $2.99B. Its beta of -0.12 implies it has historically moved less than the broad market.
This State Street SPDR ETF aims to deliver investment results that, prior to fees and expenses, generally mirror the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index. It offers investors targeted exposure to the oil and gas exploration and production segment of the S&P TMI, which includes the Integrated Oil & Gas, Oil & Gas Exploration & Production, and Oil & Gas Refining & Marketing sub-industries. The fund tracks a modified equal-weighted index, providing diversified industry representation across large, mid, and small-cap companies. This structure enables investors to implement more precise strategic or tactical positions compared to broader sector-based investment approaches.
State Street SPDR S&P Oil & Gas Exploration & Production ETF is most often compared with the following Financial Services names: