XES
State Street SPDR S&P Oil & Gas Equipment & Services ETF
SPDR Oil & Gas Equipment & Services ETF objective is to replicate as closely as possible the performance of the S&P Oil & Gas Equipment & Services Select Industry Index, an equal-weighted inde
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 590.2 M
ASSETS UNDER MGMT
35 bp
EXPENSES
Fund Basics
| Inception date | Jun 19, 2006 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| SOLARIS OILFIELD INFRASTRUCTURE, INC. CL | 4.8 % |
| CACTUS, INC. CLASS A | 4.6 % |
| KODIAK GAS SERVICES, INC. | 4.5 % |
| PATTERSON-UTI ENERGY INC | 4.3 % |
| SCHLUMBERGER LTD | 4.3 % |
| WEATHERFORD INTERNATIONAL PL | 4.3 % |
| SEADRILL LIMITED | 4.2 % |
| HELMERICH & PAYNE | 4.2 % |
| BAKER HUGHES COMPANY CLASS A | 4.1 % |
| OCEANEERING INTL INC | 4.1 % |
Constituent Breakdown
| Number of holdings | 28 |
| Herfindahl-Hirschman Index | 364 |
| Wgt avg mkt cap (mns) | $8,240 |
| Large cap (>$10bn) | 18.3% |
| Mid cap ($2-10bn) | 46.6% |
| Small cap (<$2bn) | 16.2% |
| Developed mkts. | 84.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 68.7 % |
 |
SWITZERLAND | 8.0 % |
 |
BRITAIN | 4.1 % |
 |
BERMUDA | 2.8 % |
 |
NETHERLANDS | 1.8 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 47.0% | 100.9% | 13.4% | 21.5% | 15.5% | -4.0% | -- | -4.2% |
| Dividend Yield | 0.4% | 3.6% | 1.9% | 1.7% | 1.1% | 1.2% | -- | 1.0% |
| Total Returns | 47.4% | 104.5% | 15.2% | 23.2% | 16.6% | -2.8% | -- | -3.2% | Ann. Volatility | 28.9% | 30.6% | 35.8% | 33.3% | 39.3% | 45.0% | -- | 42.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.87 | 11% |
| MSCI EAFE | 0.55 | 7% |
| MSCI Emg Mkts | 0.43 | 8% |
Liquidity Measures
| Avg. volume (000) | 116 |
| ADV traded (mns) | $14 |
| Turnover | 2.4% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| 30d moving avg. (EMA) | $125.19 |
| Relative strength (RSI) | 50 |
| MACD/Signal | 0.59/2.04 |
| Bollinger Bands (Upper/Lower) | $134.83/$120.29 |
| Short interest (% of AUM) | 7.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. XES |
Expenses vs. XES |
ALTAR Score™ vs. XES |
|---|---|---|---|---|
| IEZ | iShares U.S. Oil Equipment & Services ETF | 52.9% | +5 bp | +0.9% |
| OIH | VanEck Oil Services ETF | 52.5% | 0 bp | +0.8% |
| PXJ | Invesco Oil & Gas Services ETF | 48.4% | +28 bp | +1.6% |
| PSCE | Invesco S&P SmallCap Energy ETF | 33.7% | -6 bp | +5.2% |
| GASZ | Corgi Natural Gas Power & Turbines ETF | 13.3% | 0 bp | +0.4% |
| RSPG | Invesco S&P 500 Equal Weight Energy ETF | 12.5% | +5 bp | +5.3% |
| FENY | Fidelity MSCI Energy Index ETF | 12.1% | -27 bp | +4.1% |
| USNG | Amplify Samsung U.S. Natural Gas Infrastructure ETF | 11.8% | +24 bp | +0.6% |
| FTIF | First Trust Bloomberg Inflation Sensitive Equity ETF | 11.2% | +25 bp | +4.9% |
| FTXN | First Trust Nasdaq Oil & Gas ETF | 11.0% | +25 bp | +5.8% |
Risk and Returns: XES vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
3.0%
ALTAR SCORE™
14th
PERCENTILE
AVOID
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. XES's ALTAR Score™ is approximately -1.1 standard
deviations above the category average. This places XES in the 14th percentile
among funds in the category.
Sell-Side Consensus
$113.68
PRICE TARGET
-8.2%
UPSIDE