XLEState Street Energy Select Sector SPDR ETF

State Street Energy Select Sector SPDR ETF is an exchange-traded fund that provides targeted exposure to the U.S. energy sector. The fund is designed to track the Energy Select Sector Index, holding large-cap companies from the S&P 500 classified in energy-related industries such as oil, gas and consumable fuels, and energy equipment and services. Its portfolio is heavily concentrated in major integrated producers, exploration and production companies, refiners, pipeline operators, and oilfield service providers. Managed as a passive fund, it seeks to replicate its benchmark rather than make active stock selections. State Street Energy Select Sector SPDR ETF is used by market participants looking for a sector-specific instrument to access the energy portion of the U.S. equity market through a single diversified holding.