$XLE

State Street Energy Select Sector SPDR ETF (XLE) holds 38.76% of its assets in Exxon Mobil (XOM) and Chevron (CVX) as of June 30, 2026, according to its SEC filing. This concentration may expose investors to more risk than expected, as a significant portion of the fund's performance is tied to these two companies. XLE's expense ratio is 0.08%, and it tracks the Energy Select Sector Index, which uses market-cap weighting.

In October, tech and energy sectors saw $10B inflows, with tech at $7.4B and energy at $2.8B. State Street's Matthew Bartolini noted AI and energy's global significance. Investors can access these sectors via XLK (tech) and XLE (energy) ETFs, both with low expense ratios.

Oil prices rose on Thursday, with Brent crude up 4.0% to $98.38 and WTI up 2.9% to $90.65, reversing a recent downtrend. This follows a Democratic sweep in U.S. midterms, raising concerns about energy policies. Energy stocks fell, with the XLE ETF down 1.6% to $62.50. AI-related stocks also declined due to potential data-center restrictions. Sunrun (RUN) surged 13.3% after reporting strong Q3 earnings, beating estimates.

State Street Energy Select Sector SPDR ETF (XLE) saw $171.3M net outflow on Nov. 2, reducing all 21 holdings. Top sells: Exxon (XOM) $41.7M, Chevron (CVX) $31.7M, ConocoPhillips (COP) $12.4M. XOM remains largest holding at 24.36%. XLE has 0.08% expense ratio, 2.28% dividend yield, 52.1% YTD return.

Wells Fargo Finance LLC, guaranteed by Wells Fargo & Company, is offering 14-month notes tied to the State Street Energy Select Sector SPDR ETF (XLE). The notes provide 3-to-1 upside exposure to the ETF, capped at 23% to 27% return. The notes pay no interest, and investors can lose up to 100% of principal if the ETF falls. The Capped Value range is $12.30 to $12.70 per unit.

On Tuesday, ETF activity showed mixed flows with a net of $2.70 billion. SPY had outflows of $2.34 billion, while IVV and QLD saw inflows of $1.35 billion and $532.6 million, respectively. Energy funds, including XLE, experienced outflows. ETFs increased positions in NVDA, AAPL, and GOOGL, while reducing exposure to XOM, NU, and CVX.

The U.S. Strategic Petroleum Reserve fell to 282.6M barrels, the lowest since 1982. Gasoline prices averaged $3.472/gallon under Trump, slightly higher than $3.471 under Biden. Brent crude settled at $115.81, WTI at $101.76. USO ETF dropped 1.97%, while XLE ETF rose 0.43%. The reserve's decline may impact oil price stability.

State Street Energy Select Sector SPDR ETF (XLE) increased all 21 of its holdings on Monday, with total purchases of $223.7 million. The largest buys were Exxon Mobil (XOM) at $53.6 million, Chevron (CVX) at $40.4 million, and ConocoPhillips (COP) at $15.9 million. XLE has $44.89 billion in assets and a year-to-date return of 55.04%.

Gasoline prices surged 9.1% in September, contributing over half of the 0.6% monthly inflation increase. The S&P 500 and Nasdaq fell, while the energy ETF XLE rose 0.64%. XLE's top holdings include Exxon Mobil and Chevron. Core inflation, excluding food and energy, rose 0.3%.

Brent crude closed at $102.31, up $4.28, and US crude at $92.87, up $2.45, due to supply shocks and geopolitical tensions. USO rose 3.00%, XLE gained 1.93%, and Chevron added 1.45% to $207.18. Iran talks broke down, and a third US aircraft carrier is heading to the Middle East. China halted fuel exports, impacting diesel prices.