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Energy Select Sector SPDR® Fund (XLE)

Look-through valuation · Sector · Expense ratio 0.09 % · ISIN US81369Y5069

XLE Energy Select Sector SPDR® Fund XLE overvalued
Holdings vs fair value −45.6 % weighted average
Quality 61/100 avg alpha quality
Expense ratio 0.09 % per year (TER)
Fund size $ 39.1B yield 2.85 %
The look-through covers 78 % of the fund by weight (19 of 20 disclosed positions valued). Unresolved positions are left out, never estimated.

Price history (since 1998)

$ 57 $ 5 Dec 1998 Jul 2026

Monthly close since 1998. Price shows performance, the valuation verdict is in the look-through above.

Top holdings

Holding Weight vs fair value Quality
Chevron Corp CVX 14.8 % −50.1 % 59
ConocoPhillips COP 6.0 % −17.6 % 60
Marathon Petroleum Corp MPC 4.8 % −54.6 % 71
Phillips 66 PSX 4.8 % −48.5 % 69
Valero Energy Corporation VLO 4.7 % −56.5 % 73
EOG Resources Inc EOG 4.5 % −5.3 % 66
Schlumberger NV SLB 4.3 % −36.3 % 56
Williams Companies Inc WMB 4.2 % −79.6 % 59
Kinder Morgan Inc KMI 4.1 % −65.5 % 64
Targa Resources Inc TRGP 3.9 % −71.4 % 69
ONEOK Inc OKE 3.8 % −29.6 % 45
Baker Hughes Co BKR 3.7 % −41.4 % 62
Devon Energy Corporation DVN 3.3 % −37.0 % 57
Occidental Petroleum Corporation OXY 2.6 % −42.9 % 53
Diamondback Energy Inc FANG 2.4 % −52.5 % 44
EQT Corporation EQT 2.0 % −26.0 % 44
Halliburton Company HAL 1.9 % −39.0 % 62
Texas Pacific Land Corporation TPL 1.5 % −80.0 % 71
Chesapeake Energy Corporation CHK 1.4 % n/a n/a
APA Corporation APA 0.8 % −20.4 % 59

Fair value and quality per position come from the same valuation as our stock pages. Showing the 20 largest of 20 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.

How the look-through works

An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Energy Select Sector SPDR® Fund an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.

As of: Jul 17, 2026

No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.