XOP
State Street SPDR S&P Oil & Gas Exploration & Production ETF
SPDR S&P Oil & Gas Exploration & Production ETF objective is to replicate as closely as possible the S&P Oil & Gas Exploration Index, an equal-weighted index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 3.5 B
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 +
| HF SINCLAIR CORPORATION | 3.3 % |
| SM ENERGY CO | 3.2 % |
| APA CORP. | 2.9 % |
| MARATHON PETROLEUM | 2.9 % |
| DIAMONDBACK ENERGY INC | 2.9 % |
| MURPHY OIL CORP | 2.8 % |
| VALERO ENERGY CORP | 2.8 % |
| CHORD ENERGY CORPORATION | 2.8 % |
| PHILLIPS 66 | 2.8 % |
| VIPER ENERGY INC CL A | 2.7 % |
Constituent Breakdown
| Number of holdings | 44 |
| Herfindahl-Hirschman Index | 244 |
| Wgt avg mkt cap (mns) | $39,465 |
| Large cap (>$10bn) | 39.7% |
| Mid cap ($2-10bn) | 35.7% |
| Small cap (<$2bn) | 11.8% |
| Developed mkts. | 88.2% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 88.0 % |
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 | 29.9% | 37.2% | 3.9% | 11.6% | 13.0% | 1.4% | -- | 0.9% |
| Dividend Yield | 0.5% | 3.3% | 2.5% | 2.7% | 2.7% | 1.9% | -- | 1.4% |
| Total Returns | 30.4% | 40.5% | 6.4% | 14.3% | 15.7% | 3.4% | -- | 2.3% | Ann. Volatility | 31.7% | 27.8% | 30.3% | 27.9% | 34.0% | 40.3% | -- | 40.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | -0.13 | 0% |
| MSCI EAFE | -0.33 | 3% |
| MSCI Emg Mkts | -0.19 | 2% |
Liquidity Measures
| Avg. volume (000) | 3,646 |
| ADV traded (mns) | $616 |
| Turnover | 17.7% |
| Avg. Bid/Ask (% of price) | 0.01% |
Technical Indicators
| 30d moving avg. (EMA) | $169.81 |
| Relative strength (RSI) | 48 |
| MACD/Signal | -1.22/-0.09 |
| Bollinger Bands (Upper/Lower) | $181.74/$160.20 |
| Short interest (% of AUM) | 140.9% |
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. XOP |
Expenses vs. XOP |
ALTAR Score™ vs. XOP |
|---|---|---|---|---|
| FCG | First Trust Natural Gas ETF | 53.0% | +25 bp | +2.6% |
| PXE | Invesco Energy Exploration & Production ETF | 52.7% | +25 bp | +2.0% |
| FXN | First Trust Energy AlphaDEX Fund | 49.0% | +27 bp | +0.2% |
| IEO | iShares U.S. Oil & Gas Exploration & Production ETF | 47.2% | +5 bp | +0.1% |
| FTXN | First Trust Nasdaq Oil & Gas ETF | 43.3% | +25 bp | -1.0% |
| DRLL | Strive U.S. Energy ETF | 42.7% | +6 bp | -2.0% |
| LNGX | Global X U.S. Natural Gas ETF | 41.7% | +10 bp | +0.2% |
| PXI | Invesco Dorsey Wright Energy Momentum ETF | 37.1% | +25 bp | -3.6% |
| RSPG | Invesco S&P 500 Equal Weight Energy ETF | 36.6% | +5 bp | -1.5% |
| FENY | Fidelity MSCI Energy Index ETF | 33.4% | -27 bp | -2.7% |
Risk and Returns: XOP 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
9.8%
ALTAR SCORE™
98th
PERCENTILE
SPECULATIVE
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%. XOP's ALTAR Score™ is approximately 2.1 standard
deviations above the category average. This places XOP in the 98th percentile
among funds in the category.
Sell-Side Consensus
$167.29
PRICE TARGET
-0.9%
UPSIDE