XES: Key Long Term Decision AreaThis is just to flag a key industry that, so far, has lagged the broader energy production complex. Certain individual services stocks are moving strongly, while others are languishing or making all time lows. Volume profile suggests accumulation. Something will give so this seems to be an import
Key stats
About SPDR Series Trust SPDR S&P Oil & Gas Equipment & Services ETF
Home page
Inception date
Jun 19, 2006
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
XES is an option for investors interested in the world of wildcatting and drilling hardware & services. The fund covers the oil & gas equipment and services along with the oil & gas drilling sub-industry of the S&P Total Market Index, an index that tracks the broad US equity market. Companies should meet certain market-cap and liquidity requirements in order to be included in the fund’s final portfolio. Selected securities are then equally-weighted, with liquidity constraints applied. Overall, the fund’s equal-weighting strategy provides widespread industry exposure to all market capitalizations, which can be appealing in a top-heavy industry, but it comes with a side-helping of increased market risk. The fund’s narrow portfolio may change significantly at each quarterly rebalance.
Classification
What's in the fund
Exposure type
Industrial Services
Stock breakdown by region
Top 10 holdings
Oil & Gas Services is the leading industry $XESWho else is waiting for this breakout to happen?
If it does, a good target would be $125 and I like the odds.
Just look at NYSE:SLB , NYSE:RIG & NYSE:HAL , they have already broke out from there bases.
Look for other stocks within this ETF and you will find good set ups. I'm doing it.
NYSE:
XES - SPDR Oil and Gas Equipment ETF Long IdeaSPDR Oil and Gas Equipment ETF Long Postion initiated near all time low with a Risk/Reward of 3 and great chances of success. The ETF is near 2009 lows, this is difficult to believe even with today's low Oil prices the sector is much further than it was 10 years ago!
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XES trades at 59.96 USD today, its price has fallen −2.28% in the past 24 hours. Track more dynamics on XES price chart.
XES net asset value is 60.01 today — it's risen 4.57% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
XES assets under management is 142.06 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
XES price has risen by 3.08% over the last month, and its yearly performance shows a −34.26% decrease. See more dynamics on XES price chart.
NAV returns, another gauge of an ETF dynamics, showed a −18.91% decrease in three-month performance and has decreased by −33.30% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −18.91% decrease in three-month performance and has decreased by −33.30% in a year.
XES fund flows account for −76.88 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
XES invests in stocks. See more details in our Analysis section.
XES expense ratio is 0.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, XES isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, XES technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XES shows the sell signal. See more of XES technicals for a more comprehensive analysis.
Today, XES technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XES shows the sell signal. See more of XES technicals for a more comprehensive analysis.
Yes, XES pays dividends to its holders with the dividend yield of 1.95%.
XES trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
XES shares are issued by State Street Corp.
XES follows the S&P Oil & Gas Equipment & Services Select Industry Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 19, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.