XES SPDR S&P Oil & Gas Equipment & Services ETF
XES Fund Description
XES tracks an equal-weighted index of companies in the oil & gas equipment and services sub-industry of the S&P Total Market Index.
XES Factset Analytics Insight
XES is an option for investors interested in the world of wildcatting and drilling hardware & services. The fund covers the oil & gas equipment and services along with the oil & gas drilling sub-industry of the S&P Total Market Index, an index that tracks the broad US equity market. Companies should meet certain market-cap and liquidity requirements in order to be included in the fund’s final portfolio. Selected securities are then equally-weighted, with liquidity constraints applied. Overall, the fund’s equal-weighting strategy provides widespread industry exposure to all market capitalizations, which can be appealing in a top-heavy industry, but it comes with a side-helping of increased market risk. The fund’s narrow portfolio may change significantly at each quarterly rebalance.
XES Summary Data
XES Portfolio Data
XES Index Data
XES Portfolio Management
XES Tax Exposures
XES Fund Structure
XES Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of XES. XES is rated a 5 out of 5.
XES Sector/Industry Breakdown
XES Economic Development
XES Performance Statistics
XES Benchmark Comparison Summary
XES Benchmark Comparison Market Cap Size