ETF comparison

XLE vs XOP

Both Energy.

State Street Energy Select Sector SPDR ETF · State Street SPDR S&P Oil & Gas Exploration & Production ETF

Holdings overlap

Weighted by ISIN/CUSIP
31.1 %

16 positions appear in both funds. Buying equal dollars of XLE and XOP would leave roughly 31.1% of each dollar exposed to the same underlying securities.

XLE only 68.7% Shared 31.1% XOP only 68.7%
In XLE only
7 positions
Shared
16 positions
In XOP only
35 positions

Side by side

XLE

State Street Energy Select Sector SPDR ETF

State Street · Energy

79 composite / 100
Expense ratio
0.080%
Net assets
$35.72B
TTM yield
2.69%
Top-10 conc.
75.8%
XOP

State Street SPDR S&P Oil & Gas Exploration & Production ETF

State Street · Energy

72 composite / 100
Expense ratio
0.35%
Net assets
$2.91B
TTM yield
1.97%
Top-10 conc.
29.6%

Sub-score comparison

92
Cost
65
80
Tax efficiency
82
100
Liquidity
77
6
Concentration
72
Tracking quality
XLE sub-score XOP

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

XLE is 27 bps cheaper than XOP. On a $100,000 position that's about $270/yr more in fees for XOP.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with XLE vs XOP.

Top shared holdings

16 shared in total
# Holding In XLE In XOP Overlap
1 ConocoPhillips 7.22% 2.63% 2.63%
2 Exxon Mobil Corp 23.77% 2.61% 2.61%
3 EOG Resources Inc 4.15% 2.55% 2.55%
4 Chevron Corp 17.32% 2.52% 2.52%
5 Marathon Petroleum Corp 3.81% 2.51% 2.51%
6 Phillips 66 3.89% 2.51% 2.51%
7 Valero Energy Corp 3.99% 2.50% 2.50%
8 Occidental Petroleum Corp 2.48% 2.73% 2.48%
9 EQT Corp 2.10% 2.33% 2.10%
10 Diamondback Energy Inc 2.03% 2.61% 2.03%
11 Devon Energy Corp 1.65% 2.59% 1.65%
12 Texas Pacific Land Corp 1.46% 2.11% 1.46%

Only in XLE

7 total
  • SLB Ltd 4.07%
  • Williams Cos Inc/The 4.06%
  • Kinder Morgan Inc 3.48%
  • Baker Hughes Co 3.19%
  • ONEOK Inc 3.01%
  • Targa Resources Corp 2.85%
  • Halliburton Co 1.73%

Only in XOP

35 total
  • Venture Global Inc 2.95%
  • SM Energy Co 2.84%
  • Murphy Oil Corp 2.83%
  • Chord Energy Corp 2.66%
  • PBF Energy Inc 2.65%
  • Matador Resources Co 2.62%
  • Crescent Energy Co 2.60%
  • HF Sinclair Corp 2.58%
  • Permian Resources Corp 2.57%
  • Magnolia Oil & Gas Corp 2.53%

Open XLE or XOP at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.