SPDR S&P Oil & Gas Exploration & Production ETF - XOP
SPDR S&P Oil & Gas Exploration & Production ETF is an exchange-traded fund managed by State Street Global Advisors. It seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index. This modified equal-weighted index represents the oil and gas exploration and production segment of the S&P Total Market Index, encompassing sub-industries such as Integrated Oil & Gas, Oil & Gas Exploration & Production, and Oil & Gas Refining & Marketing. The ETF offers unconcentrated exposure across large, mid, and small cap stocks in these areas, enabling investors to take strategic or tactical positions in the energy sector at a more targeted level than broad sector funds. With approximately 50 holdings, it focuses on U.S. equity markets within oil, gas, and consumable fuels, utilizing a representative sampling technique to track the benchmark. Launched in 2006 and administered from the United States, the SPDR S&P Oil & Gas Exploration & Production ETF plays a key role in providing access to the dynamic oil and gas exploration and production industry.