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 (Ticker: XLE) is a sector-specific ETF focused on the energy sector, managed by State Street Investment Management. It is positioned as the second-largest ETF in its category, with 10 other ETFs tracked by ETFValuer. The ETF has an overall rank of #22 out of 458 tracked ETFs, indicating a relatively strong standing. With an expense ratio of 0.08%, it is cost-effective, and it offers a dividend yield of 3.39%, providing a steady income stream for investors. The ETF's assets under management (AUM) stand at $39.2B, suggesting significant investor adoption and confidence in the fund's performance and stability.

The performance of the State Street Energy Select Sector SPDR ETF (XLE) has shown a mix of short-term and long-term gains. Over the past year, the ETF has seen a strong return of +52.99%, while over the past three years, it has delivered a more consistent +58.90%. In the shorter term, the ETF has exhibited a slight decline of -0.17% on a single-day basis, but it has recovered with a +2.79% weekly return. The monthly and quarterly returns of +7.17% and +8.40% respectively, indicate a positive trend over the past three months. The six-month and year-to-date returns of +17.56% and +41.33% respectively, suggest a robust performance in the recent past, with the one-year return of +52.99% being particularly noteworthy.

The State Street Energy Select Sector SPDR ETF (XLE) is labeled as having a moderate volatility, which suggests that its price movements are somewhat predictable but still subject to market fluctuations. With a beta of -0.08, the ETF shows a slight inverse relationship with the broader market, meaning it may perform better when the market is declining. The Sharpe ratio of 2.21 indicates that the ETF provides a good risk-adjusted return, suggesting that it offers a balance between risk and reward. The maximum drawdown of -20.14% reflects the largest peak-to-trough decline in the ETF's value, indicating that it has experienced significant volatility during downturns. Overall, these figures suggest that the ETF is suitable for investors who are willing to accept some market risk in exchange for potentially higher returns, particularly in a market that is favorable to the energy sector.

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 — VDE 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: 4.69% (as of 2026-08-20) — 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): 16.01 (as of 2026-08-20) — 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 2026-07-01) — 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 0.14% and average daily volume is 31.7M/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 $39.2B 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