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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
29.7 %

14 positions appear in both funds. Buying equal dollars of XLE and XOP would leave roughly 29.7% of each dollar exposed to the same underlying securities.

XLE unmatched 70.1% Shared 29.7% XOP unmatched 70.1%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In XLE only
7 positions
Shared
14 positions
In XOP only
37 positions

Side by side

XLE

State Street Energy Select Sector SPDR ETF

State Street · Energy

79 composite / 100
Expense ratio
0.080%
Net assets
$39.13B
TTM yield
2.20%
Top-10 conc.
75.5%
XOP

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

State Street · Energy

74 composite / 100
Expense ratio
0.35%
Net assets
$3.62B
TTM yield
1.55%
Top-10 conc.
27.9%

Sub-score comparison

92
Cost
65
81
Tax efficiency
82
100
Liquidity
81
6
Concentration
74
—
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

14 shared in total
# Holding In XLE In XOP Overlap
1 Valero Energy Corp 4.64% 2.74% 2.74%
2 Marathon Petroleum Corp 4.48% 2.64% 2.64%
3 Phillips 66 4.07% 2.53% 2.53%
4 EOG Resources Inc 4.15% 2.51% 2.51%
5 Exxon Mobil Corp 22.67% 2.47% 2.47%
6 Devon Energy Corp 2.86% 2.41% 2.41%
7 Chevron Corp 16.09% 2.37% 2.37%
8 ConocoPhillips 6.57% 2.36% 2.36%
9 Occidental Petroleum Corp 2.12% 2.31% 2.12%
10 Diamondback Energy Inc 2.05% 2.43% 2.05%
11 EQT Corp 2.00% 2.75% 2.00%
12 Texas Pacific Land Corp 1.52% 3.17% 1.52%

Only in XLE

7 total
  • Williams Cos Inc/The 5.03%
  • SLB Ltd 4.09%
  • Kinder Morgan Inc 3.76%
  • Targa Resources Corp 3.45%
  • Baker Hughes Co 3.30%
  • ONEOK Inc 3.29%
  • Halliburton Co 1.70%

Only in XOP

37 total
  • PBF Energy Inc 2.91%
  • Delek US Holdings Inc 2.80%
  • CNX Resources Corp 2.78%
  • Antero Resources Corp 2.68%
  • HF Sinclair Corp 2.67%
  • Par Pacific Holdings Inc 2.64%
  • Range Resources Corp 2.58%
  • Viper Energy Inc 2.57%
  • Permian Resources Corp 2.54%
  • Magnolia Oil & Gas Corp 2.50%

Percentages are holdings overlap with the named fund.

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.