|Bid||88.39 x 1200|
|Ask||89.25 x 1100|
|Day's Range||88.42 - 89.40|
|52 Week Range||71.70 - 109.79|
|PE Ratio (TTM)||21.12|
|Beta (3Y Monthly)||1.29|
|Expense Ratio (net)||0.10%|
After getting pummeled last year, the Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, and rival energy ETFs started 2019 in fine form, but last week’s declines ...
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After ranking as one of 2018's worst-performing sectors, the energy sector is rallying to start 2019. The Energy Select Sector SPDR (XLE) , the largest equity-based energy exchange traded fund entered Wednesday with a year-to-date gain of almost 9%, but energy stocks have faced myriad challenges this earnings season. Some market observers believe the energy sector’s declines could make the sector more attractive on valuation.
The energy sector was one of the worst-performing groups in the S&P 500 in 2018, as highlighted by an annual decline of 18.20% for the Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based ...
The Energy Select Sector SPDR (XLE) , the largest equity-based energy exchange traded fund, and rival energy ETFs are getting blasted this month as energy careens toward being 2018's worst-performing sector. OPEC and associated partners agreed to cut 1.2 million barrels per day with OPEC being responsible for 800,000 barrels. The latest production cut came as a surprise to many oil analysts as initial estimates were slated at 1 million barrels per day and 650,000 barrels per day for OPEC.
The Energy Select Sector SPDR (XLE) , the largest equity-based energy exchange traded fund, is sporting a fourth-quarter loss of about 14% so a rebound may not be imminent nor may it be the first thing on investors' minds when it comes to the energy sector. During oil’s recent slide, XLE and other basic energy ETFs performed significantly less poorly than the underlying commodity. “The XLE energy ETF has fallen more than 1 percent since Monday, on track for a second week in the red.
The Energy Select Sector SPDR (XLE) , the largest equity-based energy exchange traded fund, entered Monday with a fourth-quarter loss of about 12%, but some market observers believe the energy sector is poised to rebound. Last week, oil exchanged-traded funds (ETFs) gained after lengthy Organization of the Petroleum Exporting Countries (OPEC) discussions finally came to a conclusion, resulting in a larger-than-expected production cut that sent oil prices higher on Friday. OPEC and associated partners agreed to cut 1.2 million barrels per day with OPEC being responsible for 800,000 barrels.
Energy stocks and sector-related exchange traded funds were among the lone areas of strength in U.S. markets Friday after the Organization of Petroleum Exporting Countries, along with oil-producing allies ...
Will the yield curve invert, with short-term interest rates pushing their way above long-term interest rates … a relatively rare scenario that’s all too often associated with a troubled economy? A true inverted yield curve has not happened yet, but as of right now we’re as close to an inverted yield curve as we’ve been in a decade. Translation: It sure couldn’t hurt to go ahead and make plans for an inverted yield curve, just in case that’s how things take shape.
Investor sentiment has now fallen prey to the stock-market equivalent of cardiac arrest. Sentiment is now so dead that it suggests the next leg of the stock market is up, in the contrarian sense. This ratio has spiked to levels frequently followed by rallies, says Doug Ramsey, chief investment officer of The Leuthold Group.
Plenty of sectors slumped in October, but few performed as poorly as the energy sector. The S&P 500 Energy Index notched one of its worst monthly performances on record and the Energy Select Sector SPDR (XLE) , the largest equity-based energy exchange traded fund, tumbled nearly 13%. Prior to October, the energy sector had been a solid performer this year.
Against a sluggish backdrop, it is difficult to plan investments that could fetch sure-shot returns. As such, they should focus on certain techniques while building a portfolio.
The Energy Select Sector SPDR (XLE) , the largest equity-based energy exchange traded fund, gained a modest 0.40% in the third quarter, extending its year-to-date gain to 7%. While market observers acknowledge the energy sector's fundamentals are solid, some believe current oil prices are too high. A combination of diminished global output and rising global demand have helped reduce the global supply glut that dragged on oil prices for years.
Although oil ETFs had been weakening for a couple of weeks, the selling intensified Wednesday. Five ETFs lost 3.6% to 4.8%.