(XOP) SPDR S&P Oil Gas - Ratings and Ratios

The SPDR® S&P Oil & Gas Exploration & Production ETF (XOP) is designed to mirror the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. To achieve this, the fund uses a sampling strategy, typically investing at least 80% of its assets in securities that make up the index. This index is a subset of the broader S&P Total Market Index (S&P TMI), focusing specifically on companies engaged in the exploration and production of oil and gas.

The fund provides exposure to a diverse range of companies within the oil and gas exploration and production sector. By tracking the index, XOP offers a cost-effective way to gain exposure to this segment of the energy market. The ETF is listed on the NYSE ARCA under the ticker symbol XOP and is categorized as an equity energy ETF. Additional details about the fund can be found on the issuers website at http://www.spdrs.com.

XOP is a U.S.-domiciled fund with significant assets under management, totaling approximately $2.18 billion as of the latest data. The funds structure allows it to hold a portfolio of companies that are representative of the oil and gas exploration and production industry. This makes it a relevant investment option for those looking to gain exposure to this specific sector within the energy market.