Energy Select Sector SPDRFundFind Ratings Reports
- Last Ratings Update:09/30/2016
- Price as of 09/30/2016 :$70.61
- Net Assets:$10,242.1 Million
- Peer Rank:26 of 119
- Investment Rating:D+
We rate Energy Select Sector SPDR at D+. Negative factors that influence this rating include a well below average total return. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Sector - Energy/Natural Res strategy.
POSITIVES AND RISKS
Total return ranks well below peers over the last three years. The Energy Select Sector SPDR has returned an annual rate of 8.20% since inception. More recently, the fund has generated a total return of 5.52% in the last five years, -2.83% in the last three years, and 14.84% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 36% of them. It has also outpaced 21% of its competitors on a three year basis and 60% of them over the last year for the period ending 9/30/2016. On a year to date basis, XLE has returned 19.44%.
Downside risk has been above average. XLE has a draw down risk of -43.48%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 18.9%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months. As of 9/30/2016, the fund was trading at a price of $70.61, which is 1.8% below its 52-week high of $71.94 and 6.8% above its 52-week low of $66.14.
Low expense ratio helps performance. On total assets of $10.24 billion, XLE maintains a low expense ratio compared to its Sector - Energy/Natural Res peers of just 0.15% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As XLE is an exchange traded fund, it has no front end or back end load.
The Energy Select Sector SPDR is managed by John A. Tucker at SSgA Funds Management Inc. This fund is one of 147 SSgA Funds Management Inc exchange-traded funds launched since 12/16/1998 that we track.