XES - ETF AI Analysis
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SPDR S&P Oil & Gas Equipment & Services ETF (XES)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Year-To-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum in its niche of the energy market.
Top Holdings With Strong Gains
Several of the largest positions, such as Select Energy Services and Oceaneering International, have posted strong year-to-date performance, helping support the fund’s returns.
Moderate Expense Ratio
The fund’s expense ratio is moderate for a specialized sector ETF, meaning investors are not paying unusually high ongoing fees for this focused exposure.
Negative Factors
Heavy Concentration In Energy Sector
With almost all assets in energy-related companies, the ETF is highly sensitive to swings in the oil and gas industry.
Limited Geographic Diversification
The portfolio is overwhelmingly invested in U.S. companies, offering little protection if the domestic energy market weakens.
Recent Short-Term Weakness
The ETF has shown weak performance over the last three months, which may signal increased volatility or a pause in its earlier strength.
XES vs. SPDR S&P 500 ETF (SPY)
AUM339.49M
RegionNorth America
Expense Ratio0.35%
Beta0.94
IssuerSPDR
Inception DateJun 19, 2006
Dividend Yield1.13%
Asset ClassEquity
Index TrackedS&P Oil & Gas Equipment & Services Select Industry Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume62,231
30 Day Avg. Volume57,885
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
142.89Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering36
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
XES Summary
The SPDR S&P Oil & Gas Equipment & Services ETF (XES) is a fund that follows the S&P Oil & Gas Equipment & Services Select Industry Index. It invests in U.S.-focused companies that support oil and gas producers, such as drilling, well services, and energy infrastructure firms. Well-known names in the fund include NOV and TechnipFMC. Someone might invest in XES if they want targeted exposure to the energy sector and believe demand for oil and gas services will grow over time. A key risk is that it is heavily tied to the energy industry, so its price can swing sharply with oil and gas markets.
How much will it cost me?The SPDR S&P Oil & Gas Equipment & Services ETF (XES) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This expense ratio is slightly higher than average because the ETF is focused on a specific niche in the energy sector, requiring more active management compared to broad-market passive ETFs.
What would affect this ETF?The SPDR S&P Oil & Gas Equipment & Services ETF (XES) could benefit from rising energy demand and increased oil and gas production, which would drive growth in equipment and service providers like Liberty Oilfield Services and Halliburton. However, it may face challenges from fluctuating oil prices, stricter environmental regulations, or a shift toward renewable energy, which could reduce demand for traditional oil and gas infrastructure. Its U.S.-focused exposure makes it sensitive to domestic energy policies and economic conditions.
XES Top 10 Holdings
XES is essentially a pure play on U.S. oilfield services, with drillers and equipment providers steering the ship. Standouts like Solaris Energy Infrastructure and Valaris have been rising this year, helping power the fund, while Oceaneering International and National Energy Services Reunited add steady support despite some recent choppiness. On the flip side, names like Archrock and Transocean have been lagging lately, acting as a bit of an anchor. With its heavy concentration in energy services and North America, this ETF lives and dies by the health of the oil and gas cycle.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Solaris Energy Infrastructure | 4.19% | $14.24M | $5.56B | 20.31% | 69 Neutral | |
| Valaris | 4.08% | $13.85M | $5.88B | 73.94% | 76 Outperform | |
| Seadrill Limited | 4.00% | $13.59M | $2.93B | 57.50% | 66 Neutral | |
| Transocean | 4.00% | $13.57M | CHF5.16B | 70.59% | 60 Neutral | |
| ― | 3.86% | $13.11M | ― | ― | ― | |
| Select Energy Services | 3.76% | $12.76M | $2.43B | 68.36% | 62 Neutral | |
| Archrock | 3.70% | $12.55M | $5.22B | 23.11% | 79 Outperform | |
| Oceaneering International | 3.67% | $12.47M | $4.33B | 90.91% | 73 Outperform | |
| Cactus | 3.66% | $12.44M | $5.01B | 71.83% | 77 Outperform | |
| TechnipFMC | 3.65% | $12.40M | $27.26B | 91.12% | 80 Outperform |
XES Technical Analysis
Negative
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Price Trends
116.23
Negative
115.21
Negative
113.18
Negative
Market Momentum
-2.45
Positive
35.27
Neutral
17.16
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For XES, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 110.21, equal to the 50-day MA of 116.23, and equal to the 200-day MA of 113.18, indicating a bearish trend. The MACD of -2.45 indicates Positive momentum. The RSI at 35.27 is Neutral, neither overbought nor oversold. The STOCH value of 17.16 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for XES.
XES Peer Comparison
Comparison Results
Performance Comparison
XES
SPDR S&P Oil & Gas Equipment & Services ETF
105.92
35.01
49.37%
IEO
iShares U.S. Oil & Gas Exploration & Production ETF
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TPYP
Tortoise North American Pipeline Fund
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―
―
FCG
First Trust Natural Gas ETF
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―
―
RSPG
Invesco S&P 500 Equal Weight Energy ETF
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PXJ
Invesco Dynamic Oil & Gas Services ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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