The Energy Select Sector SPDR Fund
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$86.14
- Net Assets:$0 Million
- NAV:$87.12
- Premium-1.12%
- Peer Rank:8 of 95
- Investment Rating:A+
- Performance:A-
- RiskB
We rate Energy Select Sector SPDR at A+. This overall rating indicates it is among the top 10% of all closed end funds in its peer group. Positive factors that influence this rating include a well above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Sector - Energy/Natural Res strategy.
Total return ranks very high in comparison with peers over the last three years. The Energy Select Sector SPDR has returned an annual rate of 7.82% since inception. More recently, the fund has generated a total return of 10.45% in the last five years, 22.97% in the last three years, and 3.55% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 76% of them. It has also outpaced 98% of its competitors on a three year basis and 21% of them over the last year for the period ending 2/29/2024. On a year to date basis, XLE has returned 3.94%.
Downside risk has been below average. XLE has a draw down risk of -17.99%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 28.4%. This fund has experienced excessive volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As XLE is an exchange traded fund, it has no front end or back end load.
The Energy Select Sector SPDR is managed by Karl A. Schneider at SSgA Funds Management Inc. This fund is one of 128 SSgA Funds Management Inc exchange-traded funds launched since 1/22/1993 that we track.