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ETFs

SPDR S&P Oil & Gas Equipment & Services ETF

XES
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jun 19, 2006
Expense Ratio
0.35%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$12,141,072
AUM
$423,757,033
Associated Index
S&P Oil & Gas Equipment & Services Select Industry Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

VAL
Valaris Ltd
4.44%
LBRT
Liberty Energy Inc - Ordinary Shares - Class A
4.35%
RIG
Transocean Ltd
4.26%
FTI
TechnipFMC plc
4.25%
NBR
Nabors Industries Ltd
4.24%
NE
Noble Corp Plc - Ordinary Shares - Class A
4.22%
HAL
Halliburton Co.
4.22%
SLB
SLB
4.2%
HP
Helmerich & Payne, Inc.
4.17%
PTEN
Patterson-UTI Energy Inc
4.14%
Invest with XES
Trade XES Options

What is XES?

The SPDR S&P Oil & Gas Equipment & Services ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Oil & Gas Equipment & Services Select Industry Index (the Index ). The S&P Oil & Gas Equipment & Services Select Industry Index represents the oil and gas equipment and services segment of the S&P Total Market Index ( S&P TMI ). The S&P TMI is designed to track the broad U.S. equity market. The oil and gas equipment and services segment of the S&P TMI comprises the Oil & Gas Drilling sub-industry and the Oil & Gas Equipment & Services sub-industry. The Index is one of twenty-one (21) of the S&P Select Industry Indices (the Select Industry Indices ), each designed to measure the performance of a narrow sub-industry or group of sub-industries determined based on the Global Industry Classification Standard ( GICS ).

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

XES
Performance Measures**

for the time period Jun 22, 2006 to Dec 4, 2025

Returns

1M Trailing Return: 9.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 24.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -95.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 42.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.10

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.05

The annualized return divided by the max drawdown for the selected time period.

ETFs related toXES

ETFs correlated to XES include OIH, IEZ, PSCE

XES
SPDR Series Trust - SPDR Oil & Gas Equipment and Services ETF
OIH
VanEck ETF Trust - VanEck Oil Services ETF
IEZ
BlackRock Institutional Trust Company N.A. - iShares U.S. Oil Equipment & Services ETF
PSCE
Invesco Capital Management LLC - Invesco S&P SmallCap Energy ETF
PXI
Invesco Capital Management LLC - Invesco Dorsey Wright Energy Momentum ETF
RSPG
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Energy ETF
VDE
Vanguard Group, Inc. - Vanguard Energy ETF
IGE
BlackRock Institutional Trust Company N.A. - iShares North American Natural Resources ETF
FENY
Fidelity Covington Trust - Fidelity MSCI Energy Index ETF
IXC
BlackRock Institutional Trust Company N.A. - iShares Global Energy ETF
IYE
BlackRock Institutional Trust Company N.A. - iShares U.S. Energy ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toXES

SPDRverse

Category

Cross-asset momentum, sector rotation, SPDR ETFs, daily rebalancing, tactical allocation

OOS Cumulative Return

-3.32%

Create your own algorithmic trading strategy with XES using Composer

FAQ

XES is a US Equities ETF. The SPDR S&P Oil & Gas Equipment & Services ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Oil & Gas Equipment & Services Select Industry Index (the Index ). The S&P Oil & Gas Equipment & Services Select Industry Index represents the oil and gas equipment and services segment of the S&P Total Market Index ( S&P TMI ). The S&P TMI is designed to track the broad U.S. equity market. The oil and gas equipment and services segment of the S&P TMI comprises the Oil & Gas Drilling sub-industry and the Oil & Gas Equipment & Services sub-industry. The Index is one of twenty-one (21) of the S&P Select Industry Indices (the Select Industry Indices ), each designed to measure the performance of a narrow sub-industry or group of sub-industries determined based on the Global Industry Classification Standard ( GICS ).

XES tracks the S&P Oil & Gas Equipment & Services Select Industry Index.

No, XES is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, XES is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on XES is 0.0715%. This is the percent change in the value of XES over the most recent 1-month period. The 3-month return on XES is 0.3033%. This is the percent change in the value of XES over the most recent 3-month period.

The standard deviation of XES for the past year is 0.3909%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to XES include XLI, XLY, and XLV.

ETFs correlated to XES include OIH, IEZ, and PSCE.

ETFs that are inversely correlated to XES include OILD, ERY, and DUG.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.