In my previous post: https://cenk-yildiran.com/2023/10/10/how-profitable-to-invest-in-energy-select-sector-spdr-fund-xle/ I showed you how profitable to invest in “Energy Select Sector SPDR Fund: XLE.”
In this post, you will be reading the ingredients of XLE.
Holdings in terms of individual companies:
As of 12 October 2023, XLE holds 23 different stocks, accounting for a market cap value of $181,664.05 million. Below are the stocks’ names, ticker symbols, weights, and SIC codes.
| Name | Ticker | Weight | SIC-codes |
| EXXON MOBIL CORP | XOM | 21.9% | 2911 – Petroleum Refining |
| CHEVRON CORP | CVX | 18.4% | 2911 – Petroleum Refining |
| EOG RESOURCES INC | EOG | 4.8% | 1311 – Crude Petroleum & Natural Gas |
| CONOCOPHILLIPS | COP | 4.6% | 2911 – Petroleum Refining |
| SCHLUMBERGER LTD | SLB | 4.5% | 2911 – Petroleum Refining |
| MARATHON PETROLEUM CORP | MPC | 4.3% | 2911 – Petroleum Refining |
| PIONEER NATURAL RESOURCES CO | PXD | 4.1% | 1311 – Crude Petroleum & Natural Gas |
| PHILLIPS 66 | PSX | 3.6% | 2911 – Petroleum Refining |
| VALERO ENERGY CORP | VLO | 3.3% | 2911 – Petroleum Refining |
| HESS CORP | HES | 3.2% | 2911 – Petroleum Refining |
| WILLIAMS COS INC | WMB | 3.1% | 4922 – Natural Gas Transmission |
| OCCIDENTAL PETROLEUM CORP | OXY | 3.1% | 1311 – Crude Petroleum & Natural Gas |
| ONEOK INC | OKE | 2.9% | 4923 -Natural Gas Transmission & Distribution |
| HALLIBURTON CO | HAL | 2.7% | 1389 – Oil, Gas Field Services, NBC |
| BAKER HUGHES CO | BKR | 2.6% | 3533 – Oil & Gas Field Machinery & Equipment |
| KINDER MORGAN INC | KMI | 2.4% | 4922 – Natural Gas Transmission |
| DEVON ENERGY CORP | DVN | 2.2% | 1311 – Crude Petroleum & Natural Gas |
| DIAMONDBACK ENERGY INC | FANG | 2.1% | 1311 – Crude Petroleum & Natural Gas |
| COTERRA ENERGY INC | CTRA | 1.6% | 1311 – Crude Petroleum & Natural Gas |
| TARGA RESOURCES CORP | TRGP | 1.4% | 4922 – Natural Gas Transmission |
| MARATHON OIL CORP | MRO | 1.2% | 1311 – Crude Petroleum & Natural Gas |
| EQT CORP | EQT | 1.1% | 1311 – Crude Petroleum & Natural Gas |
| APA CORP | APA | 0.9% | 1311 – Crude Petroleum & Natural Gas |
Exxon Mobile Corporation (XOM) is currently the most extensive weighted stock in the portfolio at 21.9%. The current price of XOM is $ 109.87; analysts calculate a fair value of $ 164.83 for XOM. This means there is almost a 50 % upside for the stock. This may explain why XOM has the most significant weight in the fund. Additionally, the dividend yield for XOM is 3.3%.
Chevron Corporation (CVX) is the second largest held stock in the fund. The current price of CVX is $ 164.06, and the fair value of the stock is $ 182.91. This means there is only a 10.3% upside for the stock. One thing to add is that CVX has a 3.7 % dividend yield.
Lastly, XLE has a dividend yield of 3.15 %. In 2022, it paid a total dividend of $ 3.22 per share. In 2023, it produced a dividend of $0.795347 on 20 March and 0.705843 on 20 June.
Holdings in terms of industry groups:
The holdings of XLE are mostly (63.7 %) invested in the industry group “Petroleum Refining,” which is a crucial sector of the energy industry responsible for processing crude oil into various refined products.
The second most-held industry group is “Crude Petroleum & Natural Gas” with 21.1 %. Crude Petroleum & Natural Gas are two of the world’s most essential energy sources and raw materials.
The “Natural Gas Transmission” industry group is in third place with 6.9 %. Natural gas transmission is a crucial component of the natural gas supply chain that involves transporting natural gas from production fields and processing plants to distribution systems or end-users over long distances.
| SIC-codes | Total Holdings |
| 2911 – Petroleum Refining | 63.7% |
| 1311 – Crude Petroleum & Natural Gas | 21.1% |
| 4922 – Natural Gas Transmission | 6.9% |
| 4923 – Natural Gas Transmission & Distribution | 2.9% |
| 1389 – Oil, Gas Field Services, NBC | 2.7% |
| 3533 – Oil & Gas Field Machinery & Equipment | 2.6% |
Now, you have a better understanding of the XLE ETF.
Thanks for reading!
Disclaimer: This post is only for educational purposes and does not give any investing advice.
If you have liked this book, here is a book for you on ETF investing:
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