SPDR S&P Oil & Gas Exploration & Production ETF
XOP - ETF AI Analysis
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SPDR S&P Oil & Gas Exploration & Production ETF (XOP)
XOP, the SPDR S&P Oil & Gas Exploration & Production ETF, has a solid overall rating that reflects generally strong underlying oil and gas companies with some notable risks. High-quality holdings like ConocoPhillips, EOG Resources, Range Resources, and Exxon Mobil support the fund through strong cash flow, solid balance sheets, and positive earnings outlooks, while weaker names such as Ovintiv and Murphy Oil, with valuation and technical concerns, slightly weigh on the rating. The main risk factor is the ETF’s heavy concentration in the volatile oil and gas exploration and production sector, which can lead to significant swings in performance.
XOP vs. SPDR S&P 500 ETF (SPY)
- AUM
- 3.93B
- Region
- North America
- Expense Ratio
- 0.35%
- Beta
- 0.29
- Issuer
- SPDR
- Inception Date
- Jun 19, 2006
- Dividend Yield
- 1.73%
- Asset Class
- Equity
- Index Tracked
- S&P Oil & Gas Exploration & Production Select Industry
XOP Summary
XOP is an ETF that follows the S&P Oil & Gas Exploration & Production Select Industry Index, focusing on U.S. energy companies that search for, drill, and produce oil and gas. It holds a wide mix of firms, including well-known names like Exxon Mobil and ConocoPhillips, and spreads investments fairly evenly across them instead of concentrating in just one or two giants. Someone might invest in XOP to bet on the long-term demand for energy and to get diversified exposure to many oil and gas producers in a single fund. A key risk is that it can rise or fall sharply with oil and gas prices and overall energy sector swings.
How much will it cost me?
This ETF has an expense ratio of 0.35%, which means you’ll pay about $3.50 per year for every $1,000 invested. That’s a bit higher than the cheapest broad, passively managed index ETFs, mainly because this is a more specialized, sector-focused fund that requires extra management to track its specific oil and gas exploration & production index.
What would affect this ETF?
XOP is heavily focused on U.S. oil and gas producers and refiners, so it could benefit if energy demand stays strong, oil prices rise, or regulations remain supportive of fossil fuel production. On the other hand, it may be hurt by falling oil prices, slower economic growth, higher interest rates that pressure energy companies, or tougher environmental rules that make exploration and production more costly.
XOP Top 10 Holdings
XOP is essentially an all-energy play, with U.S. oil and gas explorers setting the tone. Names like Marathon Petroleum and APA have been rising, acting as key engines for the fund, while steady performers such as Exxon Mobil and EOG Resources help keep the ride relatively smooth. Ovintiv and Antero Resources show more mixed signals, occasionally losing steam and holding back momentum when sentiment turns cautious. With its equally weighted structure and tight focus on exploration and production, XOP is a concentrated bet on North American fossil-fuel dynamics rather than a broad, global energy mix.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 RRC | Range Resources | 3.61% | $142.61M | $11.96B | 33.38% | 78Outperform |
 XOM | Exxon Mobil | 2.94% | $116.42M | $670.91B | 39.18% | 74Outperform |
 CVX | Chevron | 2.90% | $114.86M | $415.14B | 36.51% | 71Outperform |
 COP | Conocophillips | 2.92% | $115.46M | $160.31B | 52.01% | 78Outperform |
 EOG | EOG Resources | 3.03% | $119.82M | $78.56B | 40.63% | 78Outperform |
 APA | APA | 2.96% | $116.99M | $15.15B | 90.08% | 73Outperform |
 PSX | Phillips 66 | 2.83% | $111.76M | $97.79B | 83.66% | 73Outperform |
 TSE:OVV | Ovintiv | ― | ― | ― | ― | 60Neutral |
 MPC | Marathon Petroleum | 2.87% | $113.38M | $106.07B | 101.29% | 66Neutral |
 MUR | Murphy Oil | 2.65% | $104.96M | $4.98B | 20.65% | 68Neutral |
XOP Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For XOP, the sentiment is Neutral. The current price of 180.14 is below the 20-day moving average (MA) of 192.15, below the 50-day MA of 190.42, and above the 200-day MA of 171.52, indicating a neutral trend. The MACD of -4.12 indicates Positive momentum. The RSI at 40.40 is Neutral, neither overbought nor oversold. The STOCH value of 18.97 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for XOP.
XOP Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| XOP | $180.14 | $190.00(5.47% Upside) | $3.93B | 0.35% | 68Neutral |
 MLPX | $71.55 | $83.85(17.19% Upside) | $3.48B | 0.45% | 71Outperform |
 MLPA | $52.14 | $60.16(15.39% Upside) | $2.23B | 0.77% | 72Outperform |
 FENY | $34.71 | $41.10(18.40% Upside) | $2.09B | 0.08% | 72Outperform |
 IYE | $66.99 | $78.72(17.51% Upside) | $1.78B | 0.37% | 73Outperform |
 FTXN | $39.11 | $47.28(20.88% Upside) | $1.10B | 0.60% | 72Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| XOP | SPDR S&P Oil & Gas Exploration & Production ETF | 180.14 | 50.85 | 39.33% | |
| MLPX | Global X MLP & Energy Infrastructure ETF | 71.55 | 14.67 | 25.80% | |
| MLPA | Global X MLP ETF | 52.14 | 7.76 | 17.50% | |
| FENY | Fidelity MSCI Energy Index ETF | 34.71 | 10.33 | 42.39% | |
| IYE | iShares U.S. Energy ETF | 66.99 | 20.05 | 42.73% | |
| FTXN | First Trust Nasdaq Oil & Gas ETF | 39.11 | 11.47 | 41.49% |
This 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.