Key stats
About SPDR Series Trust SPDR S&P Oil & Gas Equipment & Services ETF
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Inception date
Jun 19, 2006
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
XES is an option for investors interested in the world of wildcatting and drilling hardware & services. The fund covers the oil & gas equipment and services along with the oil & gas drilling sub-industry of the S&P Total Market Index, an index that tracks the broad US equity market. Companies should meet certain market-cap and liquidity requirements in order to be included in the funds final portfolio. Selected securities are then equally-weighted, with liquidity constraints applied. Overall, the funds equal-weighting strategy provides widespread industry exposure to all market capitalizations, which can be appealing in a top-heavy industry, but it comes with a side-helping of increased market risk. The funds narrow portfolio may change significantly at each quarterly rebalance.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Industrial Services
Stocks99.88%
Industrial Services78.03%
Process Industries5.07%
Transportation5.07%
Utilities3.79%
Producer Manufacturing3.13%
Energy Minerals2.54%
Technology Services2.26%
Bonds, Cash & Other0.12%
Mutual fund0.12%
Stock breakdown by region
North America95.34%
Europe4.66%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history