Energy Select Sector Etf Profile

XLE Etf  USD 91.14  0.31  0.34%   

Performance

9 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Energy Select is trading at 91.14 as of the 19th of March 2024, a 0.34 percent up since the beginning of the trading day. The etf's lowest day price was 90.43. Energy Select has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Energy Select Sector are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 19th of March 2024. Click here to learn more.
In seeking to track the performance of the index, the fund employs a replication strategy. SP 500 is traded on NYSEARCA Exchange in the United States. More on Energy Select Sector

Moving together with Energy Etf

  1.0VDE Vanguard Energy IndexPairCorr
  0.96XOP SPDR SP OilPairCorr
  0.75OIH VanEck Oil ServicesPairCorr
  1.0IYE IShares US EnergyPairCorr
  0.98IXC IShares Global EnergyPairCorr
  0.96FXN First Trust EnergyPairCorr

Energy Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Energy Select's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Energy Select or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationSector ETFs, Energy ETFs, Equity Energy, SPDR State Street Global Advisors (View all Sectors)
IssuerSSgA
Inception Date1998-12-16
BenchmarkS&P Energy Select Sector Index
Entity TypeRegulated Investment Company
Asset Under Management37.21 Billion
Average Trading Valume7.96 Million
Asset TypeEquity
CategorySector
FocusEnergy
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorALPS Portfolio Solutions Distributor, Inc.
Portfolio ManagerMike Feehily, Karl Schneider, David Chin
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Sep
ExchangeNYSE Arca, Inc.
Number of Constituents26.0
Market MakerCitadel
Total Expense0.1
Management Fee0.03
Country NameUSA
Returns Y T D9.21
NameEnergy Select Sector SPDR Fund
Currency CodeUSD
Open FigiBBG000BJ20S2
In Threey Volatility28.34
1y Volatility17.01
200 Day M A85.3004
50 Day M A84.7064
CodeXLE
Updated At18th of March 2024
Currency NameUS Dollar
Energy Select Sector [XLE] is traded in USA and was established 1998-12-16. The fund is classified under Equity Energy category within SPDR State Street Global Advisors family. The entity is thematically classified as Sector ETFs. Energy Select Sector at this time have 42.79 B in net assets. , while the total return for the last 3 years was 25.0%.
Check Energy Select Probability Of Bankruptcy

Top Energy Select Sector Etf Constituents

COPConocoPhillipsStockEnergy
CVXChevron CorpStockEnergy
EOGEOG ResourcesStockEnergy
KMIKinder MorganStockEnergy
MPCMarathon Petroleum CorpStockEnergy
PSXPhillips 66StockEnergy
PXDPioneer Natural ResourcesStockEnergy
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Energy Select Target Price Odds Analysis

What are Energy Select's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Energy Select jumping above the current price in 90 days from now is near 1%. The Energy Select Sector probability density function shows the probability of Energy Select etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Energy Select has a beta of 0.7604. This entails as returns on the market go up, Energy Select average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Energy Select Sector will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0958, implying that it can generate a 0.0958 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 91.14HorizonTargetOdds Above 91.14
99.59%90 days
 91.14 
0.39%
Based on a normal probability distribution, the odds of Energy Select to move above the current price in 90 days from now is near 1 (This Energy Select Sector probability density function shows the probability of Energy Etf to fall within a particular range of prices over 90 days) .

Energy Select Top Holders

HCYAXDirexion Hilton TacticalMutual FundTactical Allocation
HCYIXDirexion Hilton TacticalMutual FundTactical Allocation
JVGTXJanus Adaptive GlobalMutual FundWorld Allocation
MPRONorthern LightsEtfModerate Allocation
JAGNXJanus Adaptive GlobalMutual FundWorld Allocation
CRTBXConquer Risk TacticalMutual FundTactical Allocation
RAAXVanEck Inflation AllocationEtfModerate Allocation
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Energy Select Sector Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Energy Select market risk premium is the additional return an investor will receive from holding Energy Select long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Energy Select. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Energy Select's alpha and beta are two of the key measurements used to evaluate Energy Select's performance over the market, the standard measures of volatility play an important role as well.

Energy Select Against Markets

Picking the right benchmark for Energy Select etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Energy Select etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Energy Select is critical whether you are bullish or bearish towards Energy Select Sector at a given time. Please also check how Energy Select's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Energy Select without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Energy Etf?

Before investing in Energy Select, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Energy Select. To buy Energy Select etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Energy Select. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Energy Select etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Energy Select Sector etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Energy Select Sector etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Energy Select Sector, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Energy Etf please use our How to Invest in Energy Select guide.

Already Invested in Energy Select Sector?

The danger of trading Energy Select Sector is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Energy Select is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Energy Select. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Energy Select Sector is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Energy Select Sector is a strong investment it is important to analyze Energy Select's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Energy Select's future performance. For an informed investment choice regarding Energy Etf, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energy Select Sector. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Energy Select's price analysis, check to measure Energy Select's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Select is operating at the current time. Most of Energy Select's value examination focuses on studying past and present price action to predict the probability of Energy Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Select's price. Additionally, you may evaluate how the addition of Energy Select to your portfolios can decrease your overall portfolio volatility.
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The market value of Energy Select Sector is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Select's value that differs from its market value or its book value, called intrinsic value, which is Energy Select's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Energy Select's market value can be influenced by many factors that don't directly affect Energy Select's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Energy Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Select's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.