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XES - ETF AI Analysis
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SPDR S&P Oil & Gas Equipment & Services ETF (XES)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and in recent months, indicating positive momentum in its underlying holdings.
Leading Energy Service Companies
Top holdings like Schlumberger, Halliburton, TechnipFMC, and Baker Hughes have delivered strong year-to-date results, helping support the fund’s overall performance.
Moderate Expense Ratio
The fund’s expense ratio is reasonable for a specialized sector ETF, allowing investors to keep more of their returns compared with higher-cost niche funds.
Negative Factors
Heavy Sector Concentration
With the vast majority of assets in the energy sector, the ETF is highly sensitive to swings in oil and gas markets.
Limited Geographic Diversification
The portfolio is overwhelmingly focused on U.S. companies, offering little geographic diversification if the U.S. energy market weakens.
Top Holdings Clustered in One Industry
Most of the largest positions are oil and gas equipment and services firms, so company-specific or industry-wide setbacks could have an outsized impact on the fund.
XES vs. SPDR S&P 500 ETF (SPY)
AUM424.90M
RegionNorth America
Expense Ratio0.35%
Beta1.17
IssuerSPDR
Inception DateJun 19, 2006
Dividend Yield1.22%
Asset ClassEquity
Index TrackedS&P Oil & Gas Equipment & Services Select Industry Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume162,259
30 Day Avg. Volume108,698
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
118.19Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering31
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
XES Summary
XES is an ETF that follows the S&P Oil & Gas Equipment & Services Select Industry Index. Instead of owning oil companies themselves, it holds businesses that support oil and gas production, such as drilling and service firms. Well-known holdings include Schlumberger and Halliburton. Investors might consider XES if they want targeted exposure to the energy sector and believe demand for oil and gas infrastructure will grow, adding diversification beyond typical tech or broad-market funds. A key risk is that it is heavily tied to the energy sector, so its price can swing sharply with oil and gas industry ups and downs.
How much will it cost me?The SPDR S&P Oil & Gas Equipment & Services ETF (XES) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This expense ratio is slightly higher than average because the ETF is focused on a specific niche in the energy sector, requiring more active management compared to broad-market passive ETFs.
What would affect this ETF?The SPDR S&P Oil & Gas Equipment & Services ETF (XES) could benefit from rising energy demand and increased oil and gas production, which would drive growth in equipment and service providers like Liberty Oilfield Services and Halliburton. However, it may face challenges from fluctuating oil prices, stricter environmental regulations, or a shift toward renewable energy, which could reduce demand for traditional oil and gas infrastructure. Its U.S.-focused exposure makes it sensitive to domestic energy policies and economic conditions.
XES Top 10 Holdings
XES is a pure play on U.S. oilfield services, and its story right now is all about offshore and equipment names powering ahead. Valaris and Transocean are doing the heavy lifting, with rising momentum as offshore drilling demand improves. TechnipFMC, Kodiak Gas Services, and Tidewater are also pulling their weight, keeping the fund’s engine humming. On the softer side, Liberty Energy and Patterson-UTI look more mixed, with financial pressures keeping them from fully joining the rally. Overall, this is a tightly focused, energy-only bet, not a diversified global mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Valaris | 5.86% | $25.90M | $6.41B | 181.89% | 76 Outperform | |
| Transocean | 5.31% | $23.47M | CHF5.37B | 134.08% | 60 Neutral | |
| Kodiak Gas Services, Inc. | 5.14% | $22.70M | $4.88B | 38.55% | 68 Neutral | |
| ― | 5.08% | $22.42M | ― | ― | ― | |
| TechnipFMC | 5.05% | $22.32M | $27.00B | 139.36% | 80 Outperform | |
| Liberty Energy | 4.91% | $21.68M | $4.62B | 78.22% | 69 Neutral | |
| Tidewater | 4.90% | $21.64M | $3.96B | 96.48% | 78 Outperform | |
| Baker Hughes Company | 4.79% | $21.15M | $64.07B | 48.69% | 76 Outperform | |
| Archrock | 4.77% | $21.09M | $6.43B | 41.30% | 79 Outperform | |
| Patterson-UTI | 4.64% | $20.51M | $3.35B | 17.76% | 56 Neutral |
XES Technical Analysis
Positive
―
Price Trends
96.43
Positive
87.65
Positive
77.01
Positive
Market Momentum
4.87
Positive
68.87
Neutral
70.49
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For XES, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 108.22, equal to the 50-day MA of 96.43, and equal to the 200-day MA of 77.01, indicating a bullish trend. The MACD of 4.87 indicates Positive momentum. The RSI at 68.87 is Neutral, neither overbought nor oversold. The STOCH value of 70.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for XES.
XES Peer Comparison
Comparison Results
Performance Comparison
XES
SPDR S&P Oil & Gas Equipment & Services ETF
113.23
46.10
68.67%
TPYP
Tortoise North American Pipeline Fund
―
―
―
RSPG
Invesco S&P 500 Equal Weight Energy ETF
―
―
―
FCG
First Trust Natural Gas ETF
―
―
―
IEO
iShares U.S. Oil & Gas Exploration & Production ETF
―
―
―
ENFR
Alerian Energy Infrastructure ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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