State Street SPDR S&P Oil & Gas Equipment & Services ETF
$110.92+0.61 (+0.55%)
- 0.35%
- $350M
- +64.0%
- 1.09%
- 0.1M sh
- $110.63
- low $68.48high $135.35
The ETF.net XES Grade
B
Score 61 out of 100
- 1 of 7
Score 61 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A87 out of 100Rank 1 of 7Mission
Whether the fund did what it promised, tested against its stated mandate.D35 out of 100Rank 4 of 5Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D27 out of 100Rank 6 of 7Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A72 out of 100Rank 2 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A83 out of 100Rank 1 of 6Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 1 of 7
Our read on XES
BOilfield services without the two giants calling the shots. XES tracks a modified equal-weight index of about 30 drillers and equipment makers, so mid- and small-caps carry real weight, and it has been doing that since 2006 at 0.35%.
The fund seeks to track, before fees and expenses, the total return performance of the S&P Oil & Gas Equipment & Services Select Industry Index.
Why people hold it
- Modified equal weighting, reset each quarter, spreads the fund across roughly 30 drillers and equipment names rather than letting the sector's largest two dominate.ssga.comspglobal.com
- 0.35% a year, well under the median for its energy peer group and under PXJ's 0.67% in the same oil services niche.
- A clean services play: holdings come only from the oil and gas drilling and equipment and services sub-industries, not producers, refiners or pipelines.ssga.com
- Trading since 2006, through multiple drilling booms and busts, with distributions paid quarterly.
Worth knowing
- About 30 stocks in one narrow, capex-driven industry, so moves tend to be sharper than a broad energy fund's.
- Equal weighting puts small and mid caps on the same footing as the majors, which cuts both ways on volatility.ssga.com
- A mid-sized fund with moderate trading rather than a category heavyweight, so execution costs matter more on larger orders.
XES Holdings
- Stocks
- 37
- 38%
- SEI
Sectors
- Energy98.3%
- Industrials1.7%
Geography
- United States89.43%
- Switzerland3.86%
- United Kingdom3.56%
- Bermuda3.14%
XES Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
XES$16,396
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | XES |
|---|---|
| Year to date | +35.6% |
| 1 month | −9.3% |
| 3 months | −1.3% |
| 1 year | +64.0% |
| 3 years | +7.5% |
| 5 years | +14.3% |
| 10 years | −4.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | XES |
|---|---|---|
| 2026 YTD | +35.6% | |
| 2025 | +5.9% | |
| 2024 | −5.5% | |
| 2023 | +6.7% | |
| 2022 | +62.0% | |
| 2021 | +12.0% | |
| 2020 | −43.3% |
XES in the news
XES Dividends
- 1.09%
- $1.20
- $0.26 per share
- Quarterly
Distribution history
XES Risk
- 30.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.17
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −46.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.75
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XES Cost
0.35%
XES0.35%
- The middle half of Energy Sector funds
- Median 0.77%
No Energy Sector fund charges less.
Other funds in Energy Sector
- BMLPXGlobal X - MLP & Energy Infrastructure ETFExpense ratio 0.45%1 year return +28.6%
- CTMLPTortoise MLP ETFExpense ratio 0.50%1 year return —
- CPXJInvesco Oil & Gas Services ETFExpense ratio 0.77%1 year return +84.4%
- CAMLPAlerian MLP ETFExpense ratio 1.01%1 year return +27.7%
- CMDSTWestwood Salient Enhanced Midstream Income ETFExpense ratio 0.80%1 year return +21.9%