Spdr Sp Oil Etf Profile
| XOP Etf | USD 145.00 0.01 0.01% |
Performance4 of 100
| Odds Of DistressLess than 9
|
SPDR SP is selling at 145.00 as of the 28th of November 2024; that is 0.01 percent increase since the beginning of the trading day. The etf's last reported lowest price was 144.71. SPDR SP has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for SPDR SP Oil are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
In seeking to track the performance of the SP Oil Gas Exploration Production Select Industry Index, the fund employs a sampling strategy. SP Oil is traded on NYSEARCA Exchange in the United States. The company has 70.5 M outstanding shares. More on SPDR SP Oil
Moving together with SPDR Etf
SPDR Etf Highlights
| President | Michael Riley |
| Thematic Ideas | (View all Themes) |
| Old Name | Canadian Overseas Petroleum Limited |
| Business Concentration | Sector ETFs, Energy ETFs, Equity Energy, SPDR State Street Global Advisors, Closed-End Fund - Equity, Financial (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2006-06-19 |
| Benchmark | S&P Oil & Gas Exploration & Production Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 2.71 Billion |
| Average Trading Valume | 2.5 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Energy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Feehily, Karl Schneider, Olga Winner |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 74.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.35 |
| Management Fee | 0.35 |
| Country Name | USA |
| Returns Y T D | 7.72 |
| Name | SPDR SP Oil Gas Exploration Production ETF |
| Currency Code | USD |
| Open Figi | BBG000BGB482 |
| In Threey Volatility | 31.31 |
| 1y Volatility | 16.53 |
| 200 Day M A | 143.11 |
| 50 Day M A | 136.78 |
| Code | XOP |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
SPDR SP Oil [XOP] is traded in USA and was established 2006-06-19. The fund is classified under Equity Energy category within SPDR State Street Global Advisors family. The entity is thematically classified as Sector ETFs. SPDR SP Oil at this time have 3.89 B in net assets. , while the total return for the last 3 years was 16.5%.
Check SPDR SP Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR SP Oil Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top SPDR SP Oil Etf Constituents
| CRC | California Resources Corp | Stock | Energy | |
| PXD | Pioneer Natural Resources | Stock | Energy | |
| RRC | Range Resources Corp | Stock | Energy | |
| CPE | Callon Petroleum | Stock | Energy | |
| MUR | Murphy Oil | Stock | Energy | |
| MPC | Marathon Petroleum Corp | Stock | Energy | |
| APA | APA Corporation | Stock | Energy | |
| PSX | Phillips 66 | Stock | Energy |
SPDR SP Top Holders
| MWFCX | Mainstay Equity Etf | Mutual Fund | Allocation--85%+ Equity | |
| MWFQX | Mainstay Equity Etf | Mutual Fund | Allocation--85%+ Equity | |
| MWFVX | Mainstay Equity Etf | Mutual Fund | Allocation--85%+ Equity | |
| NAVCX | Navigator Equity Hedged | Mutual Fund | Long-Short Equity | |
| NAVAX | Navigator Equity Hedged | Mutual Fund | Long-Short Equity | |
| NAVIX | Navigator Equity Hedged | Mutual Fund | Long-Short Equity | |
| MWFAX | Mainstay Equity Etf | Mutual Fund | Allocation--85%+ Equity | |
| PRAFX | T Rowe Price | Mutual Fund | World Large-Stock Value |
SPDR SP Oil Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR SP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0416 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.04) |
SPDR SP Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Oil. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of SPDR SP Oil is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.