What is XLE and how does it work?

XLE offers supremely liquid exposure to a marketlike basket of US energy firms. “Marketlike” in the context of the energy sector means concentrated exposure to the giants of the oil and gas industries.

How does XLE's portfolio work?

XLE pulls its stocks from the S&P 500 rather than the total market, so its portfolio mainly favors large-caps. Holdings are weighted by market cap, subject to a capping methodology that ensures no single security exceeds 25% at each quarterly rebalance.

Who owns XLE?

XLE was launched on Dec 16, 1998 and is managed by SPDR. The final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Dan Nathan, Guy Adami and Bonawyn Eison.

What is XLE FactSet analytics insight?

XLE Factset Analytics Insight XLE offers liquid exposure to a market-like basket of US energy firms. “Market-like” in the context of the energy sector means concentrated exposure to the giants in the industry, including companies in the oil, gas and consumable fuels, and energy equipment and services industries as identified by GICS.