Tearsheet

State Street Energy Select Sector SPDR ETF (XLE)

Market Price (6/29/2026): $53.95

State Street Energy Select Sector SPDR ETF (XLE)

Market Price (6/29/2026): $53.95

Key Takeaways

XLE has returned +21.2% YTD vs +7.2% for SPY; +29.2% over the past 12 months (SPY +19.6%). details →
Priced in gold, XLE has returned -31.4% over the past 3 years, vs +45.9% in dollars — its dollar gains have lagged gold. details →
Over the past month, XLE has seen net outflows of −$808M (−2.1% of assets). details →
Analysts expect -6% revenue growth across XLE's holdings (next fiscal year) vs +8% for SPY; expected earnings growth: -8% vs +15%. details →
Risk-adjusted returns trail SPY: 3-year Sharpe ratio of 0.7 vs 1.2. details →

Last updated: 6/28/2026.

Price Chart

ETF Price
Price/Gold

Asset Allocation with XLE

Risk Tolerance:

ConservativeModerateAggressive

Moderate — 55% equity / 25% bonds / 20% alternatives

10Y Return (ann.)

+9.7%

Volatility

17.8%

Sharpe

0.46

YTD

+12.4%

Modeled with monthly rebalancing to target weights; 10-year figures are annualized from monthly returns. Illustrative only — past performance is not indicative of future results.

	ETF	%	1D	1W	1M	YTD
Equity	XLE	25.0%	-0.5%	0.1%	-5.5%	21.2%
Bond	BND	50.0%	0.1%	0.4%	0.9%	1.1%
Gold	GLD	10.0%	1.1%	-3.5%	-8.5%	-5.7%
Commodity	DBC	2.5%	-1.3%	-3.8%	-9.9%	18.8%
Real Estate	VNQ	5.0%	1.5%	4.2%	2.7%	13.7%
Bitcoin	BTCUSD	0.0%	0.5%	-4.6%	-19.3%	-31.4%
Cash	GOVT	7.5%	0.1%	0.5%	0.6%	0.4%
Conservative Portfolio		100.0%	0.1%	0.1%	-1.9%	6.5%

	ETF	%	1D	1W	1M	YTD
Equity	XLE	55.0%	-0.5%	0.1%	-5.5%	21.2%
Bond	BND	25.0%	0.1%	0.4%	0.9%	1.1%
Gold	GLD	7.0%	1.1%	-3.5%	-8.5%	-5.7%
Commodity	DBC	4.0%	-1.3%	-3.8%	-9.9%	18.8%
Real Estate	VNQ	5.0%	1.5%	4.2%	2.7%	13.7%
Bitcoin	BTCUSD	2.0%	0.5%	-4.6%	-19.3%	-31.4%
Cash	GOVT	2.0%	0.1%	0.5%	0.6%	0.4%
Moderate Portfolio		100.0%	-0.1%	-0.1%	-4.1%	12.4%

	ETF	%	1D	1W	1M	YTD
Equity	XLE	80.0%	-0.5%	0.1%	-5.5%	21.2%
Bond	BND	5.0%	0.1%	0.4%	0.9%	1.1%
Gold	GLD	3.0%	1.1%	-3.5%	-8.5%	-5.7%
Commodity	DBC	2.2%	-1.3%	-3.8%	-9.9%	18.8%
Real Estate	VNQ	4.5%	1.5%	4.2%	2.7%	13.7%
Bitcoin	BTCUSD	5.2%	0.5%	-4.6%	-19.3%	-31.4%
Cash	GOVT	0.0%	0.1%	0.5%	0.6%	0.4%
Aggressive Portfolio		100.0%	-0.3%	-0.1%	-5.7%	16.2%

	ETF	%	Return	Volatility	Sharpe
Equity	XLE	25.0%	9.3%	29.7%	0.36
Bond	BND	50.0%	1.6%	5.2%	-0.18
Gold	GLD	10.0%	11.8%	15.0%	0.65
Commodity	DBC	2.5%	5.9%	17.1%	0.28
Real Estate	VNQ	5.0%	5.6%	17.8%	0.26
Bitcoin	BTCUSD	0.0%	54.7%	76.8%	0.87
Cash	GOVT	7.5%	0.5%	4.9%	-0.41
Conservative Portfolio		100.0%	5.9%	9.2%	0.37

	ETF	%	Return	Volatility	Sharpe
Equity	XLE	55.0%	9.3%	29.7%	0.36
Bond	BND	25.0%	1.6%	5.2%	-0.18
Gold	GLD	7.0%	11.8%	15.0%	0.65
Commodity	DBC	4.0%	5.9%	17.1%	0.28
Real Estate	VNQ	5.0%	5.6%	17.8%	0.26
Bitcoin	BTCUSD	2.0%	54.7%	76.8%	0.87
Cash	GOVT	2.0%	0.5%	4.9%	-0.41
Moderate Portfolio		100.0%	9.7%	17.8%	0.46

	ETF	%	Return	Volatility	Sharpe
Equity	XLE	80.0%	9.3%	29.7%	0.36
Bond	BND	5.0%	1.6%	5.2%	-0.18
Gold	GLD	3.0%	11.8%	15.0%	0.65
Commodity	DBC	2.2%	5.9%	17.1%	0.28
Real Estate	VNQ	4.5%	5.6%	17.8%	0.26
Bitcoin	BTCUSD	5.2%	54.7%	76.8%	0.87
Cash	GOVT	0.0%	0.5%	4.9%	-0.41
Aggressive Portfolio		100.0%	12.9%	25.4%	0.50

Figures are on an annualized basis, based on monthly return data for the last 10 years

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	XLE	25.0%	39.7%	-53.3%	-27.2%
Bond	BND	50.0%	-14.2%	-2.2%	1.3%
Gold	GLD	10.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	2.5%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	5.0%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	0.0%	-56.0%	-33.5%	-37.4%
Cash	GOVT	7.5%	-12.4%	4.4%	1.6%
Conservative Portfolio		100.0%	0.2%	-17.4%	-6.5%

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	XLE	55.0%	39.7%	-53.3%	-27.2%
Bond	BND	25.0%	-14.2%	-2.2%	1.3%
Gold	GLD	7.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	4.0%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	5.0%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	2.0%	-56.0%	-33.5%	-37.4%
Cash	GOVT	2.0%	-12.4%	4.4%	1.6%
Moderate Portfolio		100.0%	15.7%	-33.9%	-16.2%

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	XLE	80.0%	39.7%	-53.3%	-27.2%
Bond	BND	5.0%	-14.2%	-2.2%	1.3%
Gold	GLD	3.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	2.2%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	4.5%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	5.2%	-56.0%	-33.5%	-37.4%
Cash	GOVT	0.0%	-12.4%	4.4%	1.6%
Aggressive Portfolio		100.0%	27.0%	-47.1%	-24.4%

The table shows the return of different asset classes during market crises - specifically during the period where the S&P fell and bottomed

Learn More →

Tailored Asset Allocation
[1] Personalized 5 Level Risk Tolerance Assessment
[2] Asset Allocation for My Risk Tolerance

Learn More →

Protect Wealth
[1] Defensive Portfolios
[2] Tax-Efficient Strategies

Valuation & Yield

	Forward [4,5]	Now	Historical (CYE & TTM)
	6/30/27	6/29/26	2025	2024	2023	2022	2021
Share Price CYE		$53.84	$44.42	$41.18	$39.01	$39.26	$23.89
Dividend/Share TTM		$1.51	$2.56	$2.88	$2.98	$3.22	$2.34
Valuation [1]
P/S	1.36	1.56	1.32	1.26	1.21	1.13	1.09
P/E		19.65	17.02	15.09	10.50	8.04	13.56
P/E (Non-GAAP) [2]	12.31	14.84	16.78	14.46	11.61	13.83	15.73
P/FCF		23.07	17.52	17.59	12.05	8.73	9.04
Yields TTM
Earnings Yield	8.12%	5.09%	5.88%	6.62%	9.52%	12.43%	7.37%
Dividend Yield	2.80%	2.80%	5.75%	6.99%	7.63%	8.21%	9.78%
Total Yield (TY)	10.92%	7.89%	11.63%	13.61%	17.15%	20.64%	17.16%
Risk Premium [3]
Risk Free Rate (Rf)	4.40%	4.40%	4.18%	4.58%	3.88%	3.88%	1.52%
Risk Prem. (TY - Rf)	6.52%	3.49%	7.45%	9.03%	13.27%	16.76%	15.64%
Growth Rates [6]
Sales Growth	-5.6%	1.2%	-0.9%	-1.7%	-16.3%	46.7%
Earnings Growth [7]	-8.3%	3.5%	-6.9%	-26.6%	-29.8%	146.8%

[1] P/E uses the aggregate method over profitable constituents; P/FCF aggregates net free cash flow across all constituents (negative-FCF names reduce it); P/S uses all constituents. Ratios reflect current ETF holdings at current weights. P/FCF has no Forward column (no analyst FCF estimate).
[2] P/E (Non-GAAP) uses analyst consensus net income (adjusted basis) for all periods. The standard P/E row above uses GAAP net income.
[3] The premium above the risk free rate (US 10Y) offered by the investment. Negative premiums can indicate stretched valuations.
Show more

Highlights

YIELD

XLE's earnings yield is 5.09%, based on its 19.7x trailing P/E. With a 2.80% dividend yield, XLE is yielding 7.89% in total.

RISK

Compared to US Treasuries at 4.40%, XLE's total yield implies a healthy 3.49% risk premium. Healthy risk premiums suggest reasonable valuations.

FORWARD EXPECTATIONS

Based on analyst estimates, XLE's forward total yield is 10.92%, implying a 6.52% risk premium assuming stable Treasury rates.

Top 20 Holdings for XLE

Total Weights
Top 5: 55.0% | Top 10: 75.2% | Top 20: 98.5%

Ticker	Holding	ETF Weight	Sales Weight	Earnings Weight	Fwd P/S	Fwd P/E	Fwd Sales Growth	Fwd Earnings Growth
Total		99.20%	100.00%	100.00%	1.4	12.3	-5.6%	-8.3%
Top 20		98.49%	99.18%	98.16%	1.4	12.4	-5.5%	-8.0%
XOM	Exxon Mobil	22.44%	20.10%	19.61%	1.5	12.0	-8.7%	-6.9%
CVX	Chevron	16.60%	14.37%	10.69%	1.6	12.7	-12.1%	-14.9%
COP	ConocoPhillips	6.77%	4.79%	7.57%	1.9	11.8	-7.5%	-11.9%
WMB	Williams Companies	4.95%	0.98%	2.87%	7.4	31.0	+10.2%	+9.0%
VLO	Valero Energy	4.24%	10.81%	4.58%	0.6	9.7	-8.3%	-27.0%
MPC	Marathon Petroleum	4.23%	12.06%	5.18%	0.5	8.7	-7.0%	-23.2%
EOG	EOG Resources	4.15%	2.18%	6.40%	2.5	8.3	-6.9%	-17.8%
SLB	SLB	4.12%	3.32%	3.86%	1.9	15.9	+7.7%	+26.9%
PSX	Phillips 66	3.96%	12.17%	4.69%	0.5	9.7	-6.0%	+18.1%
KMI	Kinder Morgan	3.70%	1.39%	3.29%	4.0	22.8	+4.0%	+0.7%
BKR	Baker Hughes	3.44%	2.70%	3.79%	2.0	21.3	+7.9%	+2.5%
TRGP	Targa Resources	3.33%	1.48%	2.40%	2.8	24.2	+15.7%	+11.5%
OKE	ONEOK	3.19%	3.14%	3.96%	1.5	15.0	+0.8%	+6.2%
DVN	Devon Energy	2.91%	2.92%	5.03%	1.1	7.7	+12.3%	+3.3%
OXY	Occidental Petroleum	2.21%	1.41%	4.20%	2.0	10.6	-6.5%	-25.5%
FANG	Diamondback Energy	2.14%	1.00%	0.24%	2.9	9.6	-8.1%	-17.7%
EQT	EQT	1.90%	0.87%	3.76%	3.4	10.7	-0.2%	-2.3%
HAL	Halliburton	1.72%	2.10%	1.84%	1.3	13.4	+6.0%	+19.2%
EXE	Expand Energy	1.24%	1.33%	3.74%	1.5	9.7	-0.9%	+7.0%
TPL	Texas Pacific Land	1.23%	0.06%	0.45%	25.9	41.1	+8.9%	+10.0%

[1] Total and Top 20 rows are weighted aggregates across constituents.
[2] Forward P/S and P/E ratios use consensus sales and earnings for the 12 months ending 6/30/27. Individual constituent FY1 and FY2 consensus figures adjusted to align with 6/30/27.
[3] Forward Sales and Non-GAAP Earnings Growth are calculated as next fiscal year (FY2) consensus growth over current fiscal year (FY1) consensus. They are not derived from the forward P/S and P/E multiples shown.

Performance for XLE Top Holdings

Ticker	Holding	Weight	Mkt Price 6/28	1D Rtn	1M Rtn	YTD Rtn	1Y Rtn	3Y Rtn	5Y Rtn	10Y Rtn
XLE	State Street Energy Select Sector SPDR ETF	100.00%	53.84	0.0%	-4.4%	21.2%	29.2%	45.9%	141.0%	135.2%
XOM	Exxon Mobil	22.44%	136.54	0.0%	-6.0%	15.0%	28.8%	41.5%	162.1%	124.8%
CVX	Chevron	16.60%	171.06	0.0%	-6.2%	14.4%	23.9%	24.2%	102.4%	149.2%
COP	ConocoPhillips	6.77%	105.96	0.0%	-7.0%	14.9%	21.4%	12.8%	118.4%	236.9%
WMB	Williams Companies	4.95%	77.92	0.0%	10.0%	31.5%	28.3%	169.6%	274.9%	499.1%
VLO	Valero Energy	4.24%	259.37	0.0%	5.9%	61.1%	97.5%	142.5%	297.8%	651.5%
MPC	Marathon Petroleum	4.23%	254.06	0.0%	2.1%	57.6%	54.7%	132.2%	376.1%	807.6%
EOG	EOG Resources	4.15%	132.60	0.0%	-0.6%	28.5%	13.7%	30.4%	106.1%	118.3%
SLB	SLB	4.12%	47.00	0.0%	-13.4%	23.8%	42.0%	4.6%	64.5%	-20.2%
PSX	Phillips 66	3.96%	171.65	0.0%	-2.4%	35.1%	48.9%	101.3%	143.6%	215.2%
KMI	Kinder Morgan	3.70%	33.19	0.0%	6.8%	23.0%	19.3%	124.7%	145.0%	194.3%
BKR	Baker Hughes	3.44%	56.56	0.0%	-11.5%	25.1%	51.2%	92.5%	181.1%	201.3%
TRGP	Targa Resources	3.33%	272.61	0.0%	6.9%	49.2%	59.9%	287.4%	588.5%	900.0%
OKE	ONEOK	3.19%	89.22	0.0%	6.3%	24.5%	15.9%	69.3%	113.1%	244.5%
DVN	Devon Energy	2.91%	42.21	0.0%	-4.4%	16.7%	34.3%	-3.5%	92.9%	67.4%
OXY	Occidental Petroleum	2.21%	49.99	0.0%	-11.3%	22.7%	19.8%	-9.9%	71.0%	-12.7%
FANG	Diamondback Energy	2.14%	179.91	0.0%	-6.0%	21.1%	32.0%	54.4%	140.0%	157.9%
EQT	EQT	1.90%	52.70	0.0%	-4.1%	-1.1%	-8.6%	34.0%	166.6%	37.3%
HAL	Halliburton	1.72%	34.21	0.0%	-11.6%	22.2%	70.2%	10.3%	66.0%	-8.4%
EXE	Expand Energy	1.24%	88.47	0.0%	-4.9%	-18.9%	-23.2%	14.7%	125.4%
TPL	Texas Pacific Land	1.23%	395.79	0.0%	0.9%	38.2%	13.2%	178.9%	142.4%	2,292.1%

Guidance Updates for XLE Top Holdings

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
XLE Return	53%	64%	-1%	6%	8%	22%	247%
Peers Return	29%	-15%	28%	20%	19%	14%	129%
S&P 500 Return	27%	-19%	24%	23%	16%	7%	96%
Monthly Win Rates [3]
XLE Win Rate	75%	67%	67%	42%	67%	50%
Peers Win Rate	70%	37%	58%	67%	63%	43%
S&P 500 Win Rate	75%	42%	67%	75%	67%	50%
Max Drawdowns [4]
XLE Max Drawdown	-18%	-26%	-17%	-14%	-19%	-14%
Peers Max Drawdown	-9%	-26%	-12%	-12%	-20%	-13%
S&P 500 Max Drawdown	-5%	-25%	-10%	-8%	-19%	-9%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: VGT, XLK, XLF, XLV, XLI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/26/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker	1Y	3Y	5Y
XLE	1.64	0.66	0.73
Equity Top Results (3Y)
NASA	5.73	5.73	5.73
ARKX	4.13	4.13	4.13
OMFL	3.75	3.75	3.75
IALT	2.84	2.84	2.84
NUSC	2.36	2.36	2.36

Results as of 5312026.

Event	XLE	S&P 500
2025 US Tariff Shock
% Loss	-16.3%	-18.8%
% Gain to Breakeven	19.4%	23.1%
Time to Breakeven	169 days	79 days
2023 SVB Regional Banking Crisis
% Loss	-14.5%	-6.7%
% Gain to Breakeven	16.9%	7.1%
Time to Breakeven	145 days	31 days
2020 COVID-19 Crash
% Loss	-56.3%	-33.7%
% Gain to Breakeven	128.7%	50.9%
Time to Breakeven	352 days	140 days
Q4 2018 Fed Policy Error / Growth Scare
% Loss	-29.9%	-19.2%
% Gain to Breakeven	42.6%	23.8%
Time to Breakeven	1117 days	105 days
2015-2016 China Devaluation / Global Growth Scare
% Loss	-24.3%	-12.2%
% Gain to Breakeven	32.0%	13.9%
Time to Breakeven	98 days	62 days
2014-2016 Oil Price Collapse
% Loss	-45.4%	-6.8%
% Gain to Breakeven	83.0%	7.3%
Time to Breakeven	2233 days	15 days

Compare to VGT, XLK, XLF, XLV, XLI

In The Past

State Street Energy Select Sector SPDR ETF's stock fell -16.3% during the 2025 US Tariff Shock. Such a loss loss requires a 19.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

Event	XLE	S&P 500
2020 COVID-19 Crash
% Loss	-56.3%	-33.7%
% Gain to Breakeven	128.7%	50.9%
Time to Breakeven	352 days	140 days
Q4 2018 Fed Policy Error / Growth Scare
% Loss	-29.9%	-19.2%
% Gain to Breakeven	42.6%	23.8%
Time to Breakeven	1117 days	105 days
2015-2016 China Devaluation / Global Growth Scare
% Loss	-24.3%	-12.2%
% Gain to Breakeven	32.0%	13.9%
Time to Breakeven	98 days	62 days
2014-2016 Oil Price Collapse
% Loss	-45.4%	-6.8%
% Gain to Breakeven	83.0%	7.3%
Time to Breakeven	2233 days	15 days
2011 US Debt Ceiling Crisis & European Contagion
% Loss	-28.8%	-17.9%
% Gain to Breakeven	40.5%	21.8%
Time to Breakeven	484 days	123 days
2008-2009 Global Financial Crisis
% Loss	-52.0%	-53.4%
% Gain to Breakeven	108.4%	114.4%
Time to Breakeven	717 days	1085 days

Compare to VGT, XLK, XLF, XLV, XLI

In The Past

State Street Energy Select Sector SPDR ETF's stock fell -16.3% during the 2025 US Tariff Shock. Such a loss loss requires a 19.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

XLE Dip Buy History

XLE had 35 events since 1/1/2005 where the dip threshold of -5.0% within 60 days was triggered

19% median peak return within 1 year of dip event
204 days is the median time to peak return after a dip event
-11% median max drawdown within 1 year of dip event

60 Day Dip			XLE Subsequent Performance
Date	XLE	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			8%	19%	-11%	204
6152026	-6%	15%	-3%	0%	-4%	0
2212025	-6%	1%	27%	25%	-15%	363
12182024	-5%	3%	10%	14%	-8%	105
9262024	-5%	5%	8%	14%	-9%	57
6272024	-5%	6%	-3%	8%	-14%	148
11072023	-6%	-2%	15%	19%	-4%	150
2032023	-7%	9%	1%	11%	-10%	223
6222022	-6%	-17%	10%	30%	-8%	146
8022021	-6%	5%	64%	95%	-7%	310
8192020	-5%	13%	30%	58%	-24%	300
1312020	-9%	5%	-21%	3%	-55%	12
5232019	-6%	1%	-32%	6%	-59%	50
10192018	-6%	-2%	-15%	0%	-24%	0
8152018	-8%	4%	-18%	9%	-24%	55
3222018	-6%	-1%	1%	17%	-18%	60
8152017	-6%	4%	17%	28%	-2%	279
3072017	-5%	6%	-3%	13%	-12%	321
12112015	-7%	2%	31%	30%	-14%	364
7012015	-6%	1%	-5%	0%	-29%	13
9122014	-6%	2%	-31%	2%	-35%	4
11142012	-5%	-4%	30%	30%	0%	349
5032012	-5%	4%	18%	16%	-11%	315
8042011	-10%	-11%	4%	12%	-17%	204
5232011	-5%	0%	-10%	9%	-22%	60
5202010	-6%	-3%	46%	57%	-5%	344
2052010	-6%	-2%	39%	39%	-8%	361
9042009	-5%	8%	7%	23%	-1%	231
7152008	-5%	-12%	-39%	0%	-51%	6
3192008	-9%	-11%	-35%	28%	-45%	62
1152008	-5%	-10%	-37%	23%	-45%	126
3012007	-6%	1%	36%	44%	-2%	300
9202006	-5%	6%	50%	50%	0%	364
6132006	-6%	-6%	42%	41%	0%	356
12232005	-6%	4%	16%	21%	-3%	356
5132005	-7%	-4%	45%	56%	-0%	343

[1] Dip event defined as first instance dip threshold is triggered within a 60-day time period.
[2] Analysis for period from 1/1/2005 to 6/28/2026

XLE had 24 events since 1/1/2005 where the dip threshold of -10% within 90 days was triggered

24% median peak return within 1 year of dip event
289 days is the median time to peak return after a dip event
-7.3% median max drawdown within 1 year of dip event

90 Day Dip			XLE Subsequent Performance
Date	XLE	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			20%	24%	-7%	289
5282025	-12%	-0%	47%	58%	-0%	303
4042025	-18%	-14%	49%	64%	-3%	357
9062024	-10%	6%	7%	14%	-9%	77
1162024	-10%	7%	19%	23%	-1%	311
5252023	-11%	5%	21%	28%	-3%	316
3152023	-12%	4%	23%	23%	-1%	183
9232022	-13%	-7%	32%	36%	-2%	356
7192021	-10%	10%	61%	103%	-2%	324
9082020	-10%	15%	49%	74%	-16%	280
2252020	-12%	5%	9%	9%	-51%	365
8052019	-10%	2%	-31%	9%	-57%	154
10242018	-11%	-4%	-7%	6%	-18%	14
8172017	-12%	4%	21%	31%	-0%	277
4212017	-10%	5%	13%	18%	-8%	276
12072015	-12%	-1%	25%	25%	-16%	364
7272015	-10%	-1%	1%	5%	-23%	99
10092014	-10%	1%	-16%	4%	-29%	43
5182012	-10%	1%	31%	31%	-3%	364
11212011	-13%	-9%	9%	16%	-7%	298
8042011	-12%	-8%	4%	12%	-17%	204
5202010	-13%	-6%	46%	57%	-5%	344
8182008	-11%	-5%	-28%	9%	-45%	3
2062008	-10%	-13%	-27%	34%	-40%	104
9112006	-10%	0%	39%	44%	-2%	311

[1] Dip event defined as first instance dip threshold is triggered within a 90-day time period.
[2] Analysis for period from 1/1/2005 to 6/28/2026

XLE had 6 events since 1/1/2005 where the dip threshold of -20% within 180 days was triggered

11% median peak return within 1 year of dip event
97.5 days is the median time to peak return after a dip event
-28% median max drawdown within 1 year of dip event

180 Day Dip			XLE Subsequent Performance
Date	XLE	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			-2%	11%	-28%	98
2272020	-22%	4%	13%	18%	-47%	363
12142015	-21%	-2%	32%	32%	-14%	365
8052015	-21%	4%	3%	7%	-22%	90
3062015	-22%	7%	-16%	9%	-31%	54
1142015	-20%	9%	-22%	13%	-25%	105
9292008	-20%	-19%	-7%	6%	-36%	1

[1] Dip event defined as first instance dip threshold is triggered within a 180-day time period.
[2] Analysis for period from 1/1/2005 to 6/28/2026

Get Notified
Alerts when dip buy opportunities arise.

Notify Me →

Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

Ticker	Name	Dip %	Mkt Price	Price Date	Peak Price	Peak Date	# Days
OEF	iShares S&P 100 ETF	-5.4%	357.57	6282026	378.10	6012026	27
XLG	Invesco S&P 500 Top 50 ETF	-8.2%	59.30	6282026	64.59	6012026	27
MAGS	Roundhill Magnificent Seven ETF	-13.2%	61.60	6282026	70.94	5142026	45
QQQ	Invesco QQQ Trust, Series 1	-5.3%	706.52	6282026	746.16	6022026	26
QQQM	Invesco NASDAQ 100 ETF	-5.3%	290.95	6282026	307.23	6022026	26
ONEQ	Fidelity Nasdaq Composite Index ETF	-6.9%	99.38	6282026	106.70	6022026	26
VUG	Vanguard Growth ETF	-8.2%	82.76	6282026	90.19	6012026	27
IWF	iShares Russell 1000 Growth ETF	-7.6%	119.04	6282026	128.77	6012026	27
IVW	iShares S&P 500 Growth ETF	-6.4%	132.58	6282026	141.59	6012026	27
SCHG	Schwab U.S. Large-Cap Growth ETF	-7.0%	32.84	6282026	35.30	6012026	27
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	-6.4%	114.71	6282026	122.60	6012026	27
VONG	Vanguard Russell 1000 Growth ETF	-7.7%	122.12	6282026	132.35	6012026	27
MGK	Vanguard Mega Cap Growth ETF	-8.4%	84.27	6282026	91.97	6012026	27
AKRE	Akre Focus ETF	-19.7%	53.50	6282026	66.59	1062026	173
SCZ	iShares MSCI EAFE Small-Cap ETF	-5.0%	82.16	6282026	86.49	5312026	28
VSS	Vanguard FTSE All-World EX-US Small-Cap Index Fund	-5.4%	153.01	6282026	161.79	5112026	48
SCHC	Schwab International Small-Cap Equity ETF	-7.4%	47.75	6282026	51.54	3012026	119
IEMG	iShares Core MSCI Emerging Markets ETF	-5.5%	81.30	6282026	86.00	6222026	6
EEM	iShares MSCI Emerging Markets ETF	-5.6%	67.19	6282026	71.21	6222026	6
FNDE	Schwab Fundamental Emerging Markets Equity ETF	-7.2%	39.28	6282026	42.35	6022026	26
EWY	iShares MSCI South Korea ETF	-10.0%	197.28	6282026	219.20	6212026	7
EWZ	iShares MSCI Brazil ETF	-16.9%	34.67	6282026	41.73	4142026	75
FXI	iShares China Large-Cap ETF	-22.5%	31.59	6282026	40.78	1292026	150
ILF	iShares Latin America 40 ETF	-11.3%	33.81	6282026	38.10	4142026	75
KWEB	KraneShares CSI China Internet ETF	-36.4%	23.94	6282026	37.66	1122026	167
SCHY	Schwab International Dividend Equity ETF	-5.9%	31.74	6282026	33.73	3012026	119
QQQI	NEOS Nasdaq 100 High Income ETF	-5.2%	54.69	6282026	57.69	6022026	26
MTUM	iShares MSCI USA Momentum Factor ETF	-5.6%	325.74	6282026	345.22	6222026	6
ARKK	ARK Innovation ETF	-6.1%	78.13	6282026	83.21	1132026	166
URA	Global X Uranium ETF	-29.5%	43.59	6282026	61.81	1282026	151
BOTZ	Global X Funds Global X Robotics & Artificial Intelligence ETF	-13.5%	36.01	6282026	41.63	5132026	46
ROBO	ROBO Global Robotics & Automation Index ETF	-9.2%	82.00	6282026	90.34	6022026	26
LIT	Global X Lithium & Battery Tech ETF	-17.1%	75.93	6282026	91.62	5112026	48
ICLN	iShares Global Clean Energy ETF	-17.9%	19.50	6282026	23.75	6022026	26
ARKQ	ARK Autonomous Technology & Robotics ETF	-14.1%	123.60	6282026	143.82	5282026	31
ARKW	ARK Next Generation Internet ETF	-9.7%	139.22	6282026	154.18	6012026	27
ARKX	ARK Space & Defense Innovation ETF	-15.4%	31.93	6282026	37.74	5282026	31
NASA	Tema Space Innovators ETF	-36.5%	26.58	6282026	41.89	5272026	32
XOVR	EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF	-5.9%	19.69	6282026	20.93	6162026	12
AGIX	KraneShares Artificial Intelligence ETF	-9.3%	44.79	6282026	49.40	6012026	27
CGBL	Capital Group Core Balanced ETF	-6.2%	34.41	6282026	36.67	2252026	123
GDE	WisdomTree Efficient Gold Plus Equity Strategy Fund	-13.8%	60.67	6282026	70.39	5112026	48
RAAX	VanEck Real Assets ETF	-6.8%	39.81	6282026	42.70	5112026	48
VGT	Vanguard Information Technology ETF	-9.4%	113.86	6282026	125.62	6022026	26
XLK	State Street Technology Select Sector SPDR ETF	-8.6%	181.11	6282026	198.21	6022026	26
XLE	State Street Energy Select Sector SPDR ETF	-13.9%	53.84	6282026	62.56	3292026	91
XLC	State Street Communication Services Select Sector SPDR ETF	-11.3%	106.18	6282026	119.70	2012026	147
XLY	State Street Consumer Discretionary Select Sector SPDR ETF	-8.0%	114.37	6282026	124.27	1122026	167
XLP	State Street Consumer Staples Select Sector SPDR ETF	-5.4%	84.71	6282026	89.51	3012026	119
FXN	First Trust Energy AlphaDEX Fund	-12.4%	20.31	6282026	23.18	3292026	91
SMH	VanEck Semiconductor ETF	-8.6%	611.61	6282026	668.91	6222026	6
SOXX	iShares Semiconductor ETF	-9.9%	589.94	6282026	655.01	6222026	6
ITA	iShares U.S. Aerospace & Defense ETF	-5.4%	236.78	6282026	250.42	3022026	118
XOP	State Street SPDR S&P Oil & Gas Exploration & Production ETF	-17.8%	154.68	6282026	188.18	3292026	91
IGV	iShares Expanded Tech-Software Sector ETF	-18.4%	88.20	6282026	108.10	12282025	182
IAI	iShares U.S. Broker-Dealers & Securities Exchanges ETF	-7.3%	175.82	6282026	189.59	1152026	164
MISL	First Trust Indxx Aerospace & Defense ETF	-13.5%	44.10	6282026	50.98	1192026	160
RING	iShares MSCI Global Gold Miners ETF	-33.7%	65.96	6282026	99.42	3012026	119
SOXQ	Invesco PHLX Semiconductor ETF	-9.9%	103.69	6282026	115.11	6222026	6
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	-5.3%	21.73	6282026	22.95	2162026	132
PDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	-16.1%	15.87	6282026	18.91	5122026	47
DBC	Invesco DB Commodity Index Tracking Fund	-16.2%	26.57	6282026	31.69	5122026	47
COMT	iShares GSCI Commodity Dynamic Roll Strategy ETF	-17.3%	30.21	6282026	36.53	5192026	40
GSG	iShares GSCI Commodity	-5.8%	30.01	6282026	31.85	3182026	102
BCI	abrdn Bloomberg All Commodity Strategy K-1 Free ETF	-14.0%	22.29	6282026	25.91	5122026	47
FTGC	First Trust Global Tactical Commodity Strategy Fund	-11.9%	26.91	6282026	30.53	5122026	47
HGER	Harbor Commodity All-Weather Strategy ETF	-12.6%	29.25	6282026	33.47	5122026	47
GLD	SPDR Gold Trust	-24.7%	373.63	6282026	495.90	1292026	150
IAU	iShares Gold Trust	-24.6%	76.56	6282026	101.57	1292026	150
GLDM	SPDR Gold MiniShares Trust	-24.5%	80.61	6282026	106.77	1292026	150
SGOL	ETFS Physical Swiss Gold Shares	-13.1%	44.66	6282026	51.41	1292026	150
BAR	Direxion Daily Gold Bull 3X Shares	-16.6%	44.34	6282026	53.16	1292026	150
SLV	iShares Silver Trust	-49.5%	53.28	6282026	105.60	1282026	151
SIVR	ETFS Physical Silver Shares Trust ETF	-24.8%	83.39	6282026	110.87	1282026	151
PPLT	ETFS Physical Platinum Shares	-41.4%	14.77	6282026	25.23	1252026	154
CPER	United States Copper Index Fund ETV	-13.9%	33.33	6282026	38.71	1292026	150
PALL	ETFS Physical Palladium Shares	-40.7%	22.04	6282026	37.18	1282026	151
USO	United States Oil Fund LP	-31.0%	105.48	6282026	152.96	5192026	40
UNG	United States Natural Gas Fund LP	-29.8%	11.87	6282026	16.90	2012026	147
BNO	United States Brent Oil Fund LP ETV	-7.1%	55.85	6282026	60.13	5042026	55
IBIT	iShares Bitcoin Trust ETF	-38.9%	33.85	6282026	55.44	1142026	165
FBTC	Fidelity Wise Origin Bitcoin Fund	-38.9%	51.98	6282026	85.12	1142026	165
GBTC	Grayscale Bitcoin Trust ETF	-19.0%	61.84	6282026	76.31	1142026	165
ETHA	iShares Ethereum Trust ETF	-53.5%	11.89	6282026	25.59	1142026	165

ETF Fund Flows

Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.

Net fund flows · as of 2026-06-26

Asset allocation rotation · Past week

Equity ETFs drew the largest net inflows (+$24.0B), followed by Bond (+$6.2B), while Commodity (−$3.4B) and Crypto (−$2.0B) saw the largest outflows.
Within the mix, money rotated into US Large Cap Core (+$22.4B) and out of US Mid Cap Core (−$4.8B).
Relative to fund size, VTWG drew the largest inflow (+33.1% of AUM) and VLUE the largest outflow (−34.4%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	+$48.32B	+5.6%
2	SPY	State Street SPDR S&P 500 ETF Trust	Equity US Large Cap Core	+$12.71B	+1.6%
3	VONG	Vanguard Russell 1000 Growth ETF	Equity US Large Growth	+$5.08B	+11.7%
4	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$4.77B	+1.0%
5	VONV	Vanguard Russell 1000 Value ETF	Other	+$3.88B	+19.6%
6	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$3.37B	+20.5%
7	VTWO	Vanguard Russell 2000 ETF	Equity US Small Cap Core	+$2.78B	+15.8%
8	DRAM	Roundhill Memory ETF	Other	+$2.56B	+10.9%
9	PVAL	Putnam Focused Large Cap Value ETF	Other	+$2.45B	+20.8%
10	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$2.39B	+1.6%

#	Ticker	Name	Type	Net flow	% of AUM
1	VTWG	Vanguard Russell 2000 Growth ETF	Other	+$507M	+33.1%
2	VTWV	Vanguard Russell 2000 Value ETF	Other	+$269M	+21.3%
3	PVAL	Putnam Focused Large Cap Value ETF	Other	+$2.45B	+20.8%
4	FLKR	Franklin FTSE South Korea ETF	Other	+$276M	+20.6%
5	RECS	Columbia Research Enhanced Core ETF	Other	+$1.17B	+20.6%
6	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$3.37B	+20.5%
7	VONV	Vanguard Russell 1000 Value ETF	Other	+$3.88B	+19.6%
8	CGSM	Capital Group Short Duration Municipal Income ETF	Other	+$292M	+19.2%
9	TGRT	T. Rowe Price Growth ETF	Other	+$238M	+16.6%
10	VTWO	Vanguard Russell 2000 ETF	Equity US Small Cap Core	+$2.78B	+15.8%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	-$40.23B	-4.1%
2	VO	Vanguard Mid-Cap ETF	Equity US Mid Cap Core	-$4.55B	-4.3%
3	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$3.82B	-34.4%
4	COWZ	Pacer US Cash Cows 100 ETF	Equity Factor Smart Beta	-$2.96B	-16.9%
5	VXF	Vanguard Extended Market ETF	Other	-$2.78B	-9.0%
6	VB	Vanguard Small-Cap ETF	Equity US Small Cap Core	-$2.75B	-3.4%
7	VTV	Vanguard Value ETF	Equity US Large Value	-$2.45B	-1.3%
8	GLD	SPDR Gold Shares	Commodity Gold	-$2.02B	-1.5%
9	FDL	First Trust Morningstar Dividend Leaders Index Fund	Other	-$1.9B	-25.8%
10	VFLO	VictoryShares Free Cash Flow ETF	Other	-$1.81B	-23.8%

#	Ticker	Name	Type	Net flow	% of AUM
1	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$3.82B	-34.4%
2	EEMA	iShares MSCI Emerging Markets Asia ETF	Other	-$384M	-31.2%
3	NASA	Tema Space Innovators ETF	Equity Thematic	-$475M	-26.8%
4	FDL	First Trust Morningstar Dividend Leaders Index Fund	Other	-$1.9B	-25.8%
5	VFLO	VictoryShares Free Cash Flow ETF	Other	-$1.81B	-23.8%
6	COWG	Pacer US Large Cap Cash Cows Growth Leaders ETF	Other	-$528M	-23.3%
7	QQEW	First Trust Nasdaq-100 Select Equal Weight ETF	Equity US Nasdaq Growth	-$353M	-20.2%
8	USVM	VictoryShares US Small Mid Cap Value Momentum ETF	Other	-$316M	-18.4%
9	COWZ	Pacer US Cash Cows 100 ETF	Equity Factor Smart Beta	-$2.96B	-16.9%
10	QTEC	First Trust NASDAQ-100-Technology Sector Index Fund	Other	-$607M	-15.9%

Asset allocation rotation · Past month

Equity ETFs drew the largest net inflows (+$66.6B), followed by Bond (+$20.3B), while Commodity (−$6.2B) and Crypto (−$4.6B) saw the largest outflows.
Within the mix, money rotated into US Large Cap Core (+$25.7B) and out of Gold (−$5.7B).
Relative to fund size, ARKQ drew the largest inflow (+54.0% of AUM) and VLUE the largest outflow (−35.2%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	+$45.78B	+5.4%
2	SPY	State Street SPDR S&P 500 ETF Trust	Equity US Large Cap Core	+$14.76B	+1.9%
3	DRAM	Roundhill Memory ETF	Other	+$7.72B	+45.8%
4	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$7.19B	+4.8%
5	VONG	Vanguard Russell 1000 Growth ETF	Equity US Large Growth	+$4.94B	+11.1%
6	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$4.74B	+4.8%
7	VHT	Vanguard Health Care ETF	Equity Broad Sector	+$4.39B	+26.1% ⚠
8	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$4.14B	+4.4%
9	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$4.03B	+9.5%
10	VONV	Vanguard Russell 1000 Value ETF	Other	+$3.96B	+20.0%

#	Ticker	Name	Type	Net flow	% of AUM
1	ARKQ	ARK Autonomous Technology & Robotics ETF	Equity Thematic	+$1.2B	+54.0% ⚠
2	DRAM	Roundhill Memory ETF	Other	+$7.72B	+45.8%
3	SNXX	Tradr 2X Long SNDK Daily ETF	Other	+$1.29B	+40.1% ⚠
4	VTWG	Vanguard Russell 2000 Growth ETF	Other	+$540M	+36.7%
5	IALT	iShares Systematic Alternatives Active ETF	Equity Asset Allocation	+$1.67B	+36.5% ⚠
6	FTLS	First Trust Long/Short Equity ETF	Equity Asset Allocation	+$827M	+35.1%
7	FLKR	Franklin FTSE South Korea ETF	Other	+$315M	+28.1%
8	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$3.66B	+27.7%
9	CGSM	Capital Group Short Duration Municipal Income ETF	Other	+$319M	+26.2%
10	VHT	Vanguard Health Care ETF	Equity Broad Sector	+$4.39B	+26.1% ⚠

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	-$41.52B	-4.2%
2	EFV	iShares MSCI EAFE Value ETF	Equity International Developed Broad	-$5.56B	-22.6%
3	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$5.05B	-35.2%
4	GLD	SPDR Gold Shares	Commodity Gold	-$3.69B	-2.6%
5	IBIT	iShares Bitcoin Trust ETF	Crypto	-$3.17B	-6.5%
6	IAGG	iShares Core International Aggregate Bond ETF	Bond International	-$2.79B	-25.7%
7	TLT	iShares 20+ Year Treasury Bond ETF	Bond Long Treasury	-$2.41B	-5.9%
8	QUAL	iShares MSCI USA Quality Factor ETF	Equity Factor Smart Beta	-$2.05B	-4.5%
9	IAU	iShares Gold Trust	Commodity Gold	-$1.79B	-2.7%
10	IWM	iShares Russell 2000 ETF	Equity US Small Cap Core	-$1.66B	-2.0%

#	Ticker	Name	Type	Net flow	% of AUM
1	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$5.05B	-35.2%
2	EEMA	iShares MSCI Emerging Markets Asia ETF	Other	-$429M	-33.1%
3	MAGS	Roundhill Investments - Magnificent Seven ETF	Equity US Large Concentrated	-$1.03B	-28.0%
4	NULG	Nuveen ESG Large-Cap Growth	Other	-$705M	-26.0%
5	IAGG	iShares Core International Aggregate Bond ETF	Bond International	-$2.79B	-25.7%
6	NUSC	Nuveen ESG Small-Cap	Equity US Small Cap Core	-$320M	-25.2%
7	NULV	Nuveen ESG Large-Cap Value	Other	-$521M	-24.7%
8	EFV	iShares MSCI EAFE Value ETF	Equity International Developed Broad	-$5.56B	-22.6%
9	ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	Equity Emerging Markets	-$327M	-18.9%
10	IYK	iShares U.S. Consumer Staples ETF	Other	-$248M	-18.1%

Asset allocation rotation · Past 3 months

Equity ETFs drew the largest net inflows (+$245.2B), followed by Bond (+$61.6B), while Commodity (−$7.3B) and Crypto (−$5.1B) saw the largest outflows.
Within the mix, money rotated into US Large Cap Core (+$129.9B) and out of Factor Smart Beta (−$6.3B).
Relative to fund size, DRAM drew the largest inflow (+183.8% of AUM) and EEMA the largest outflow (−37.5%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	+$63.4B	+7.8%
2	SPY	State Street SPDR S&P 500 ETF Trust	Equity US Large Cap Core	+$40.46B	+5.3%
3	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$18.34B	+13.0%
4	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$18.06B	+3.9%
5	DRAM	Roundhill Memory ETF	Other	+$17.35B	+183.8%
6	VTI	Vanguard Total Stock Market ETF	Equity US Total Market	+$13.4B	+2.1%
7	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$12.86B	+14.2%
8	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$12.69B	+14.4%
9	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$8.01B	+8.8%
10	BND	Vanguard Total Bond Market ETF	Bond US Aggregate Core	+$7.65B	+5.0%

#	Ticker	Name	Type	Net flow	% of AUM
1	DRAM	Roundhill Memory ETF	Other	+$17.35B	+183.8%
2	XOVR	ERShares Private-Public Crossover ETF	Equity Thematic	+$1.41B	+120.8%
3	ARKQ	ARK Autonomous Technology & Robotics ETF	Equity Thematic	+$1.26B	+57.9% ⚠
4	TSPA	T. Rowe Price U.S. Equity Research ETF	Other	+$1.58B	+53.4%
5	DTCR	Global X - Data Center & Digital Infrastructure ETF	Other	+$984M	+51.4%
6	IYT	iShares U.S. Transportation ETF	Equity Industry Subsector	+$1.05B	+49.0%
7	AVIV	Avantis International Large Cap Value ETF	Equity International Developed Broad	+$635M	+48.3%
8	SNXX	Tradr 2X Long SNDK Daily ETF	Other	+$1.03B	+45.7% ⚠
9	EWH	iShares MSCI Hong Kong ETF	Other	+$436M	+42.6%
10	PVAL	Putnam Focused Large Cap Value ETF	Other	+$4.4B	+41.8%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	QUAL	iShares MSCI USA Quality Factor ETF	Equity Factor Smart Beta	-$7.28B	-14.9%
2	GLD	SPDR Gold Shares	Commodity Gold	-$6.09B	-4.0%
3	EFV	iShares MSCI EAFE Value ETF	Equity International Developed Broad	-$5.88B	-19.9%
4	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$3.23B	-25.6%
5	BIL	State Street SPDR Bloomberg 1-3 Month T-Bill ETF	Cash	-$2.77B	-6.0%
6	IWM	iShares Russell 2000 ETF	Equity US Small Cap Core	-$2.64B	-3.4%
7	IBIT	iShares Bitcoin Trust ETF	Crypto	-$2.49B	-4.3%
8	IVE	iShares S&P 500 Value ETF	Equity US Large Value	-$2.46B	-5.1%
9	THRO	iShares U.S. Thematic Rotation Active ETF	Equity Thematic	-$2.25B	-28.6%
10	IAGG	iShares Core International Aggregate Bond ETF	Bond International	-$2.19B	-16.7%

#	Ticker	Name	Type	Net flow	% of AUM
1	EEMA	iShares MSCI Emerging Markets Asia ETF	Other	-$486M	-37.5%
2	USO	United States Oil Fund LP	Commodity Energy	-$582M	-30.6%
3	LGLV	State Street SPDR US Large Cap Low Volatility Index ETF	Other	-$346M	-30.4%
4	THRO	iShares U.S. Thematic Rotation Active ETF	Equity Thematic	-$2.25B	-28.6%
5	OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	Equity Factor Smart Beta	-$1.28B	-27.5%
6	SH	ProShares - Short S&P500	Other	-$294M	-27.0%
7	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$3.23B	-25.6%
8	AKRE	Akre Focus ETF	Equity US Large Growth	-$1.4B	-22.8%
9	PTNQ	Pacer Trendpilot 100 ETF	Other	-$273M	-21.5%
10	IYJ	iShares U.S. Industrials ETF	Equity Broad Sector	-$404M	-21.3%

Largest ETF fund flows across ~2559 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.

Set Alerts and Notifications

Stay Informed

Trade & Investment Ideas

Wealth

Alert Me Periodically

Dip buy opportunities on XLE

Dip buy opportunities across sector ETFs

Quarterly SPY valuation update

Quarterly asset allocation considerations

Inform Me Once

Trefis High Quality Strategy

Asset Allocation Audit

Asset Rotation Strategies

Tax-Efficient Strategies

About XLE

Holdings Count: 21
Expense Ratio: 0.08%
Inception Date: 1998-12-16

State Street Energy Select Sector SPDR ETF
The State Street Energy Select Sector SPDR ETF (XLE) is engineered to mirror the overall return (both price appreciation and dividend income) of the Energy Select Sector Index, prior to any operational costs. This underlying index is specifically constructed to accurately reflect the performance of the energy companies within the S&P 500. The ETF grants investors precise access to businesses engaged in core energy industries, including oil, natural gas, other consumable fuels, and the associated equipment and services sectors. This focused targeting allows market participants to establish either long-term strategic allocations or short-term tactical positions within the energy space, offering a more refined exposure than conventional, broad-based investment styles.
Asset Class: Equity | ETF Website

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
FCEL	FuelCell Energy	1.2	22.1%	228.3%
SLS	SELLAS Life Sciences	2.1	17.7%	228.6%
KMTS	Kestra Medical Technologies	1.5	17.1%	-0.3%
LCID	Lucid	1.9	15.6%	-44.0%
ATAI	AtaiBeckley	1.9	15.5%	29.3%
TRON	Tron	0.4	15.4%	26.6%
APOG	Apogee Enterprises	1.0	15.2%	36.4%
EFOR	Everforth	0.8	14.9%	3.4%
MNTN	MNTN	0.7	14.5%	-19.4%
LMRI	Lumexa Imaging	1.2	14.4%	-34.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ON	ON Semiconductor	35.7	-23.7%	67.4%
OMER	Omeros	0.6	-19.1%	-49.5%
BE	Bloom Energy	71.0	-18.5%	190.0%
WDC	Western Digital	200.6	-13.2%	240.7%
CAPR	Capricor Therapeutics	1.5	-13.0%	-8.4%
STX	Seagate Technology	198.9	-12.2%	227.6%
FORM	FormFactor	10.2	-12.1%	134.4%
TMDX	TransMedics	2.4	-12.0%	-43.7%
GTN-A	Gray Media	0.7	-11.4%	-41.4%
CRDO	Credo Technology	43.4	-11.2%	65.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
DFTX	Definium Therapeutics, Inc.	4.9	83.6%	232.7%
SLS	SELLAS Life Sciences	2.1	53.9%	228.6%
LILA	Liberty Latin America	1.4	48.5%	-3.5%
LILAK	Liberty Latin America	1.4	47.6%	-5.2%
ABSI	Absci	1.7	47.0%	212.0%
APGE	Apogee Therapeutics	9.2	46.7%	75.6%
GRPN	Groupon	0.9	39.6%	28.3%
BB	BlackBerry	6.7	36.0%	200.8%
MANE	Veradermics	4.5	35.2%	236.1%
CCXI	Churchill Capital XI	0.8	34.5%	35.1%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HTZ	Hertz Global	0.8	-47.7%	-48.6%
HYLN	Hyliion	0.8	-45.4%	140.2%
VELO	Velo3D	0.4	-44.3%	21.1%
NNE	Nano Nuclear Energy	1.0	-29.6%	-17.2%
NVTS	Navitas Semiconductor	4.0	-28.0%	142.3%
SOC	Sable Offshore	1.1	-27.3%	-18.4%
MSTR	Strategy	27.5	-26.9%	-45.8%
MRLN	Merlin	0.4	-25.9%	-78.9%
ON	ON Semiconductor	35.7	-25.5%	67.4%
RDW	Redwire	2.1	-23.8%	43.8%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
NVRI	Enviri	1.8	296.7%	344.0%
REPL	Replimune	1.1	147.4%	19.7%
ABSI	Absci	1.7	111.0%	212.0%
DFTX	Definium Therapeutics, Inc.	4.9	91.1%	232.7%
BFLY	Butterfly Network	2.3	90.0%	133.9%
QURE	uniQure	3.0	88.8%	98.5%
CDNL	Cardinal Infrastructure	1.4	85.3%	280.5%
APGE	Apogee Therapeutics	9.2	70.5%	75.6%
APPS	Digital Turbine	1.3	65.7%	121.4%
MBX	MBX Biosciences	2.4	64.1%	65.9%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
ADCT	ADC Therapeutics	0.2	-70.3%	-71.1%
FLY	Firefly Aerospace	4.1	-55.4%	14.2%
RDW	Redwire	2.1	-54.5%	43.8%
SATL	Satellogic	0.7	-52.7%	147.1%
BKSY	BlackSky Technology	0.9	-51.5%	32.1%
LUNR	Intuitive Machines	2.4	-50.9%	21.9%
HTZ	Hertz Global	0.8	-49.8%	-48.6%
TMCR	Metals Royalty	0.4	-49.5%	-52.1%
MSTR	Strategy	27.5	-46.6%	-45.8%
PL	Planet Labs PBC	8.6	-46.4%	37.3%

Peer Comparisons

Peers to compare with:

Profile

	XLE	VGT	XLK	XLF	XLV	XLI	Median
Name	State Stre.	Vanguard I.	State Stre.	State Stre.	State Stre.	State Stre.
Asset Class	Equity	Equity	Equity	Equity	Equity	Equity	-
AUM ($ Bil)	36.4	170.1	120.6	50.6	39.6	33.2	45.1
Expense Ratio	0.08%	0.09%	0.08%	0.08%	0.08%	0.08%	0.08%
10-D Avg Volume (Mil)	42.44	5.06	13.03	36.96	10.31	9.13	11.67
Latest Day Volume (Mil)	25.82	4.40	10.78	26.88	11.41	6.66	11.10
Holdings Count	21	310	74	76	60	80	75
Inception Date	12/16/1998	1/26/2004	12/16/1998	12/16/1998	12/16/1998	12/16/1998	-

Fundamentals

	XLE	VGT	XLK	XLF	XLV	XLI	Median
Name	State Stre.	Vanguard I.	State Stre.	State Stre.	State Stre.	State Stre.
Net Asset Value	54.10	114.23	184.53	53.44	155.60	184.17	-
Premium/Discount	-0.5%	-0.3%	-1.9%	0.2%	3.0%	-1.6%	-0.4%
Distribution Yield	2.8%	0.3%	0.4%	1.5%	1.6%	1.1%	1.3%
Sales Yield	63.9%	14.2%	10.5%	29.5%	63.9%	30.7%	30.1%
Earnings Yield	5.1%	2.8%	2.5%	6.0%	3.4%	3.2%	3.3%

Valuation

	XLE	VGT	XLK	XLF	XLV	XLI	Median
Name	State Stre.	Vanguard I.	State Stre.	State Stre.	State Stre.	State Stre.
P/S (TTM)	1.6x	7.0x	9.6x	3.4x	1.6x	3.3x	3.3x
P/E (TTM)	19.7x	35.9x	39.4x	16.6x	29.5x	31.4x	30.5x
P/FCF (TTM)	23.1x	43.7x	44.9x	35.6x	23.9x	33.5x	34.6x
Forward P/E	12.3x	22.0x	22.9x	14.9x	18.1x	25.5x	20.0x
Forward P/S	1.4x	5.5x	7.1x	3.2x	1.5x	3.0x	3.1x

Risk

	XLE	VGT	XLK	XLF	XLV	XLI	Median
Name	State Stre.	Vanguard I.	State Stre.	State Stre.	State Stre.	State Stre.
Volatility (1Y)	20.8%	22.7%	23.5%	14.5%	15.4%	16.5%	18.6%
Volatility (3Y)	21.6%	24.1%	24.3%	16.0%	14.2%	16.5%	19.0%
Volatility (5Y)	26.0%	25.5%	25.3%	18.6%	14.8%	17.6%	21.9%
Beta (1Y)	-0.14	1.62	1.64	0.68	0.39	0.97	0.82
Beta (3Y)	0.50	1.48	1.47	0.79	0.48	0.91	0.85
Beta (5Y)	0.62	1.40	1.38	0.87	0.56	0.88	0.88
Sharpe Ratio (1Y)	1.38	1.61	1.72	0.44	1.33	1.55	1.46
Sharpe Ratio (3Y)	0.72	1.18	1.19	1.17	0.64	1.27	1.18
Sharpe Ratio (5Y)	0.83	0.83	0.89	0.64	0.53	0.85	0.83
Max Drawdown (1Y)	-14.4%	-16.4%	-15.9%	-14.8%	-10.5%	-12.2%	-14.6%
Max Drawdown (3Y)	-20.1%	-27.2%	-25.7%	-15.5%	-17.1%	-18.5%	-19.3%
Max Drawdown (5Y)	-26.0%	-35.1%	-33.6%	-25.8%	-17.1%	-21.6%	-25.9%

Returns

	XLE	VGT	XLK	XLF	XLV	XLI	Median
Name	State Stre.	Vanguard I.	State Stre.	State Stre.	State Stre.	State Stre.
1M Return	-5.5%	-2.9%	-1.8%	4.2%	7.8%	4.0%	1.1%
3M Return	-12.5%	31.0%	36.7%	9.2%	10.0%	12.4%	11.2%
6M Return	21.8%	19.3%	24.2%	-2.9%	3.9%	15.7%	17.5%
YTD Return	21.2%	21.1%	26.0%	-1.7%	4.0%	17.1%	19.1%
1Y Return	30.4%	40.5%	45.9%	5.4%	21.3%	27.3%	28.9%
2Y Return	27.9%	59.4%	60.6%	33.7%	13.0%	51.6%	42.6%
3Y Return	49.0%	115.7%	118.2%	68.9%	27.6%	80.0%	74.5%

Short Interest

Short Interest: As Of Date	6152026
Short Interest: Shares Quantity	60.6 Mil
Short Interest: % Change Since 5312026	-7.5%
Average Daily Volume	36.7 Mil
Days-to-Cover Short Interest	1.6 days

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

Prefer one of these to Trefis? Tell us why.

State Street Energy Select Sector SPDR ETF (XLE)

Market Price (6/29/2026): $53.95

State Street Energy Select Sector SPDR ETF (XLE)

Market Price (6/29/2026): $53.95

Key Takeaways

Price Chart

Asset Allocation with XLE

Valuation & Yield

Top 20 Holdings for XLE

Performance for XLE Top Holdings

Guidance Updates for XLE Top Holdings

Return vs. Risk

Price Returns Compared

Sharpe Ratios Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

In The Past

Preserve Wealth

Asset Allocation

XLE Dip Buy History

Current Dip Buy Opportunities Across ETFs

ETF Fund Flows

Asset allocation rotation · Past week

Asset allocation rotation · Past month

Asset allocation rotation · Past 3 months

Set Alerts and Notifications

Stay Informed

Trade & Investment Ideas

Wealth

Alert Me Periodically

Inform Me Once

About XLE

Latest Trefis Analyses

Recent Active Movers

Top Gainers

Top Losers

Top Gainers

Top Losers

Top Gainers

Top Losers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons

Profile

Fundamentals

Valuation

Risk

Returns

Short Interest

Returns Analyses

External Quote Links