XES - State Street SPDR S&P Oil & Gas Equipment & Services ETF
The State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) endeavors to achieve investment performance that closely tracks the total return of the S&P Oil & Gas Equipment & Services Select Industry Index, prior to accounting for fees and expenses. This fund provides concentrated access to the oil and gas equipment and services portion of the S&P Total Market Index, encompassing businesses engaged in both oil and gas drilling and the broader equipment and service provision sub-industries. By adhering to a modified equal-weighted index, the ETF aims to ensure balanced industry representation, offering diversified exposure across large, mid, and small-capitalization companies within the sector.
As of Jun 30, 2026: spot at $112.44, ATM IV 36.9%, max pain $115.00, net GEX $155.8K.
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Market Cap
- $252.8M
- Beta
- 0.81
- 52-Week Range
- 62.71-135.35
- Dividend Yield
- $1.30
- IPO Date
- Jun 22, 2006
- Exchange
- AMEX
What XES Looks Like to Options Traders Today
IV rank of 42.5% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($155.8K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.057) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The XES overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked XES overview questions
- What is XES?
- XES is the ticker symbol for State Street SPDR S&P Oil & Gas Equipment & Services ETF, an listed exchange-traded fund. The State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) endeavors to achieve investment performance that closely tracks the total return of the S&P Oil & Gas Equipment & Services Select Industry Index, prior to accounting for fees and expenses. This fund provides concentrated access to the oil and gas equipment and services portion of the S&P Total Market Index, encompassing businesses engaged in both oil and gas drilling and the broader equipment and service provision sub-industries. Listed on AMEX. XES is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the XES options snapshot look like today?
- As of Jun 30, 2026, the XES options snapshot shows spot at $112.44, ATM IV 36.9%, IV rank 42.5%, max pain $115.00, net GEX $155.8K, expected move 10.58%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are XES's key statistics?
- State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) carries a market capitalization of $252.8M, 52-week range of 62.71-135.35. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does XES belong to?
- State Street SPDR S&P Oil & Gas Equipment & Services ETF operates in the Financial Services sector, in the Asset Management - Global industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare XES's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the XES data on this page?
- The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.