More From Liam Odalis
What is XLE? Exploring Midstream Energy Company Exposure
Companies in the midstream sector that are included in the XLE portfolio include Kinder Morgan, Oneok, the Williams Company, and Spectra Energy.
What is XLE? Exploring Upstream Energy Company Exposure
Companies in the E&P or upstream industry in the XLE portfolio include Anadarko (APC) and Pioneer Natural Resources (PXD).
SPDR S&P Oil & Gas Exploration ETF (XOP) Is More Levered to Oil
It’s very apparent that the historical beta of XOP is higher than that of its peers, as it’s closer to 1.6 than the average of 1.2.
Energy Select Sector SPDR (XLE) Crashes 20% On Crude Oil Volatility
In this series, we’ll dissect the performance and constituents of the Energy Select Sector SPDR Fund (XLE).
The Vanguard Energy ETF (VDE) Is Much Cheaper than Peers
It’s very clear in the analysis below that the Vanguard Energy ETF is much cheaper than its peers. This has been Jack Bogle’s legacy.
Why the Russian crisis could escalate and equities could fall another 20%
Why the Russian crisis could escalate: Volatility spiked for the Russian stock market after February 22, 2014, when protesters ousted Ukrainian president Viktor Yanukovych and seized control of Kiev. This situation quickly worsened after March 18, 2014, when Putin annexed Crimea, sending the ruble from 34:1 to the dollar in June to 40:1 this week. […]
Market Realist Chronicles: Bill Gross
When Bill Gross issues a statement predicting a market reversal, it commands attention, but prudent investors question everything.
Negative mortgage rates in Denmark…$3.6 trillion of European and Japanese debt with negative yields!
With negative interest rates in Germany, Switzerland, Ireland, Belgium, and Denmark, it was about time that we saw negative mortgage rates in Europe too.
Understanding XLE’s Holdings and Industry Exposure
The Select SPDR Energy ETF (XLE) has exposure to four major industries, upstream oil & gas, midstream (pipes and storage), downstream, and energy services.
The SPDR Energy ETF (XLE): Structural Analysis
As a result of this earnings decline, the forward price-to-earnings ratio or PE of XLE has risen to 21.6x.
The Top Oil & Gas Holdings of the Energy ETF (XLE)
The top five holdings in XLE account for 45% of its market cap, making it a very concentrated ETF.