---
ticker: "XES"
name: "State Street SPDR S&P Oil & Gas Equipment & Services ETF"
url: "https://etf.net/etf/XES"
grade: "B"
score: 61
graded_at: "2026-10-12"
category: "Energy Sector"
category_rank: "1 of 7"
methodology: "https://etf.net/methodology"
---

# XES: State Street SPDR S&P Oil & Gas Equipment & Services ETF

Grade **B**, Score 61 of 100. Rank 1 of 7 in Energy Sector.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 87 | 1 of 7 |
| Mission | 35 | 4 of 5 |
| Risk | 27 | 6 of 7 |
| Tradability | 72 | 2 of 7 |
| Holdings | 83 | 1 of 6 |
| Durability | 73 | 1 of 7 |

## Top holdings

The fund holds 37 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | SEI | Solaris Energy Infrastructur | 4.48% |
| 2 | VAL | Valaris Ltd | 3.90% |
| 3 | RIG | Transocean Ltd | 3.83% |
| 4 | WTTR | Select Water Solutions Inc | 3.82% |
| 5 | SDRL | Seadrill Limited | 3.81% |
| 6 | NE | Noble Corp PLC | 3.69% |
| 7 | OII | Oceaneering Intl Inc | 3.66% |
| 8 | AROC | Archrock Inc | 3.64% |
| 9 | TDW | Tidewater Inc | 3.64% |
| 10 | WHD | Cactus Inc A | 3.60% |
| 11 | HP | Helmerich & Payne | 3.58% |
| 12 | FTI | Technipfmc PLC | 3.54% |
| 13 | BKR | Baker Hughes Co | 3.53% |
| 14 | NOV | Nov Inc | 3.49% |
| 15 | HAL | Halliburton Co | 3.48% |
| 16 | PTEN | Patterson Uti Energy Inc | 3.47% |
| 17 | LBRT | Liberty Energy Inc | 3.41% |
| 18 | SLB | Slb Ltd | 3.40% |
| 19 | WFRD | Weatherford International Pl | 3.32% |
| 20 | KGS | Kodiak Gas Services Inc | 3.31% |
| 21 | NBR | Nabors Industries Ltd | 3.10% |
| 22 | NESR | National Energy Services Reu | 2.60% |
| 23 | PUMP | Propetro Holding Corp | 2.60% |
| 24 | XPRO | Expro Ltd | 2.31% |
| 25 | AESI | Atlas Energy Solutions Inc | 2.28% |
| 26 | FLOC | Flowco Holdings Inc Class A | 1.96% |
| 27 | TTI | Tetra Technologies Inc | 1.95% |
| 28 | FET | Forum Energy Technologies In | 1.79% |
| 29 | INVX | Innovex International Inc | 1.76% |
| 30 | HOS | Hornbeck Offshore Services I | 1.66% |

Source: etf.net, https://etf.net/etf/XES. Please cite the page URL.