XLE
- Energy Select Sector SPDR FundKey Information
| Earliest date | 1998-12-22 |
| Exchange | NYSE |
| Instrument Type | ETF |
| MIC Code | ARCX |
| Country | United States |
ETF Information
| Fund Provider | State Street |
| Index | S&P Energy Select Sector Index |
| Expense Ratio | 0.09% |
| Number Of Holdings | 24 |
| Inception Date | 1998-12-16 |
| Asset Class | Equity |
| Currency | USD |
| Listing | US-listed |
| Sector | Energy |
| Investment Style | Value |
| Non-leveraged | Non-leveraged |
About XLE
The Energy Select Sector SPDR Fund is an exchange-traded fund that tracks the S&P Energy Select Sector Index, providing exposure to the U.S. energy industry, including major oil producers. It is a cost-efficient and liquid option for investors seeking tactical exposure to the energy sector, particularly when oil prices are rising. However, it may not be suitable for long-term buy-and-hold portfolios due to concentration issues in the portfolio.