XLE — State Street Energy Select Sector SPDR ETF

XLE Price Performance — Growth of $10,000

Value of a $10,000 investment in XLE over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

XLE Drawdown

The "underwater" chart: XLE's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The State Street Energy Select Sector SPDR ETF (XLE) operates within the Energy category, which ETFValuer tracks as containing 10 funds. Issued by State Street Investment Management, the fund has accumulated assets under management of $35.7 billion and trades at a price of $57.57. It holds an overall rank of #40 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of B+ with a score of 75.5 out of 100. The fund carries an expense ratio of 0.08% and offers a dividend yield of 3.70%. The substantial asset size and high ranking suggest significant investor adoption relative to other funds in the sector. These metrics position the ETF as a widely utilized vehicle for exposure to the energy sector among the tracked universe.

Over the last day, the fund recorded a return of -1.35%, followed by a weekly decline of -1.59%. Momentum shifted positively over the month with a gain of +6.93%, and the three-month return stood at +2.14%. The six-month performance accelerated significantly to +18.58%, while year-to-date returns reached +27.85%. Annual returns over the past year were +36.31%, and the three-year return total is +47.51%. This pattern indicates a divergence where short-term fluctuations were negative before transitioning into sustained positive growth over longer horizons.

The fund carries a volatility label of Moderate and exhibits a beta of -0.02, indicating a lack of correlation with broader market movements. A Sharpe ratio of 1.49 suggests the fund has generated strong risk-adjusted returns relative to the volatility experienced. The maximum drawdown recorded for the fund is -20.14%, representing the largest peak-to-trough decline observed. This combination of a negative beta and moderate volatility implies the fund may behave differently than the general market during various economic cycles. The high Sharpe ratio alongside the specific drawdown figure highlights a history of managing downside risk effectively while capturing upside potential.

AI-generated summary based on the data on this page.

XLE Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 75.8% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how XLE's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With XLE

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with XLE's top 10 — FENY overlaps most, holding 9 of the same companies as XLE's top 10 (72.3% of XLE's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

XLE Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 35.2M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $35.7B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: XLE is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

XLE Performance History

How XLE Compares to Other Energy ETFs