XES - ETF AI Analysis
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SPDR S&P Oil & Gas Equipment & Services ETF (XES)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered strong gains so far this year and over the last few months, showing solid recent momentum.
Top Holdings Showing Strength
Several of the largest positions, including names like Kodiak Gas Services, Tidewater, and TechnipFMC, have posted strong year-to-date performance, helping drive the fund’s returns.
Moderate Expense Ratio
The fund’s expense ratio is moderate for a specialized sector ETF, so investors are not paying unusually high ongoing fees for this exposure.
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 equipment and services companies.
Limited Geographic Diversification
The portfolio is overwhelmingly invested in U.S. companies, offering very little geographic diversification outside the United States.
High Exposure to a Small Group of Stocks
The top holdings each carry similar and relatively large weights, meaning a downturn in just a few companies could significantly impact the fund.
XES vs. SPDR S&P 500 ETF (SPY)
AUM407.14M
RegionNorth America
Expense Ratio0.35%
Beta0.93
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. Volume157,120
30 Day Avg. Volume125,606
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
141.51Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering35
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
XES Summary
The SPDR S&P Oil & Gas Equipment & Services ETF (XES) follows the S&P Oil & Gas Equipment & Services Select Industry Index, focusing on companies that support oil and gas producers with drilling, servicing, and other key equipment and services. It holds well-known names like Schlumberger and Weatherford International. Investors might consider XES if they want targeted exposure to the energy sector and to potentially benefit from growth when oil and gas activity picks up. However, this ETF is heavily tied to the energy industry, so its price can swing sharply with changes in oil and gas markets.
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. oil and gas equipment and services, so this fund lives and dies with the energy patch. High-fliers like Solaris Energy Infrastructure and Kodiak Gas Services have been doing the heavy lifting, with steady support from Archrock as demand for compression and infrastructure stays firm. On the flip side, names like Liberty Energy and Baker Hughes have been losing a bit of steam lately, tempering overall momentum. With most of its muscle in a tight cluster of oilfield service stocks, XES is highly concentrated and closely tied to North American drilling activity.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Solaris Energy Infrastructure | 4.64% | $22.71M | $6.10B | 196.54% | 69 Neutral | |
| Archrock | 4.53% | $22.16M | $6.48B | 56.32% | 79 Outperform | |
| Kodiak Gas Services, Inc. | 4.47% | $21.89M | $6.98B | 100.40% | 68 Neutral | |
| Select Energy Services | 4.26% | $20.86M | $2.49B | 108.58% | 62 Neutral | |
| Oceaneering International | 4.02% | $19.67M | $3.60B | 74.83% | 73 Outperform | |
| TechnipFMC | 3.72% | $18.23M | $25.98B | 97.39% | 80 Outperform | |
| Liberty Energy | 3.72% | $18.20M | $4.44B | 131.89% | 69 Neutral | |
| Tidewater | 3.62% | $17.73M | $3.22B | 48.04% | 78 Outperform | |
| Propetro Holding | 3.57% | $17.50M | $1.81B | 144.95% | 61 Neutral | |
| Baker Hughes Company | 3.57% | $17.47M | $57.95B | 56.36% | 76 Outperform |
XES Technical Analysis
Negative
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Price Trends
122.32
Negative
117.70
Negative
99.57
Positive
Market Momentum
-3.79
Positive
30.96
Neutral
15.39
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For XES, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 116.12, equal to the 50-day MA of 122.32, and equal to the 200-day MA of 99.57, indicating a neutral trend. The MACD of -3.79 indicates Positive momentum. The RSI at 30.96 is Neutral, neither overbought nor oversold. The STOCH value of 15.39 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for XES.
XES Peer Comparison
Comparison Results
Performance Comparison
XES
SPDR S&P Oil & Gas Equipment & Services ETF
106.66
42.22
65.52%
TPYP
Tortoise North American Pipeline Fund
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FTXN
First Trust Nasdaq Oil & Gas ETF
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FCG
First Trust Natural Gas ETF
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RSPG
Invesco S&P 500 Equal Weight Energy ETF
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PXJ
Invesco Dynamic Oil & Gas Services 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.
DisclaimerThis 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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