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Launched on 06/19/2006, the State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) is a smart beta exchange traded fund offering broad exposure to the Energy ETFs category of the market.

If you're interested in broad exposure to the Energy - Equipment and services segment of the equity market, look no further than the State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES), a passively managed exchange traded fund launched on June 19, 2006.

SPDR S&P Oil & Gas Equipment & Services ETF (XES) is rated Hold, reflecting a disciplined but capped recovery after a 64% run in the past year. XES's equal-weight structure dilutes exposure to top gas-and-power growth names, concentrating risk in US land drillers most exposed to capital discipline and efficiency gains. Current oil prices ($55–65 WTI) and declining upstream capex limit upside, while efficiency gains…

Designed to provide broad exposure to the Energy ETFs category of the market, the State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) is a smart beta exchange traded fund launched on 06/19/2006.

The State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) was launched on June 19, 2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Energy - Equipment and services segment of the equity market.