Energy Sector SPDR Fund (XLE) - Stock & Dividends

The Energy Select Sector SPDR Fund is an exchange-traded fund (ETF) that aims to replicate the performance of a specific index. To achieve this, the fund invests at least 95% of its assets in the same securities that make up the index, which is comprised of companies from the energy sector.

The index includes a diverse range of energy-related companies, including those involved in the exploration, production, and distribution of oil, gas, and consumable fuels. It also includes companies that provide energy equipment and services, such as drilling and extraction services, as well as those that support the energy industry in other ways.

As a non-diversified fund, the Energy Select Sector SPDR Fund is focused on a specific sector of the market, which means it may be more volatile than a diversified fund that spreads its investments across multiple sectors. However, this focus also allows the fund to provide targeted exposure to the energy sector, making it a useful option for investors who want to capitalize on trends and opportunities in this area.

The fund is managed by State Street Global Advisors, a leading global asset management company, and is listed on the NYSE Arca exchange under the ticker symbol XLE. You can find more information about the fund on the State Street Global Advisors website.