X
XOP
State Street SPDR S&P Oil & Gas Exploration & Production ETF
$197.84
Current Price
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About State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP is the SPDR S&P Oil and Gas Exploration and Production ETF, managed by State Street. It holds a basket of US companies that search for and extract crude oil and natural gas, not refiners or service companies. When oil and gas prices rise, the companies inside XOP tend to earn more money, which pushes the fund's price up. Investors use it to get broad exposure to the upstream energy industry without picking individual stocks.