XLEM, the State Street S&P 500 Energy Market Sector SPDR ETF, is an ETF whose main story is geopolitical supply.
How it has performed
How XLEM has done, next to the ETFs carrying its narrative and the US market.
| Period | XLEM | Geopolitical supply | US market |
|---|---|---|---|
| Since launch, October 2026 | +2.3% | – | – |
Returns are price change plus dividends. Its narrative is the ETFs carrying geopolitical supply, combined and weighted by size, leaving out leveraged and inverse ones. A dash means it has not traded for the whole period. Past performance, not a forecast or a recommendation.
Key facts
How it moves
XLEM has traded for less than a year, so how it moves against the market is not shown yet.
Risk
Against its peers
Nearest by size
The ETFs ranked just above and below XLEM by assets, among the 98 ETFs whose main narrative is geopolitical supply, largest first.
| # | ETF | SHARE | ASSETS | 1 YEAR | COST |
|---|---|---|---|---|---|
| 88 | USE | under 0.1% | $7.2m | +55.1% | 0.79% |
| 89 | XOMX | under 0.1% | $7.2m | +117.0% | 1.07% |
| 90 | NVIR | under 0.1% | $4.7m | +26.8% | 0.85% |
| 91 | TEXU | under 0.1% | $2.9m | +101.4% | 0.98% |
| 92 | SUPL | under 0.1% | $2.2m | – | 0.58% |
| 93 | GXPE | under 0.1% | $1.4m | +57.6% | 0.15% |
| 94 | XLEX | under 0.1% | $820,603 | – | 0.45% |
| 95 | HULL | under 0.1% | $673,534 | – | 0.35% |
| 96 | TPLX | under 0.1% | $356,907 | – | 0.45% |
| 97 | TRUN | under 0.1% | $291,921 | – | 0.16% |
| 98 | XLEM | – | – | – | 0.12% |
Share is each ETF’s slice of the money in ETFs carrying this narrative. 1 year is price change plus dividends; cost is the yearly fee.
Cost against its peers
XLEM is the 4th cheapest of 76 ETFs in geopolitical supply. The dashed line is the middle of the group, a fee of 0.59% a year.
Where it sits in Geopolitical supply
Each dot is one of 66 plain ETFs whose main narrative is geopolitical supply, placed by its return (up) and how much it swung (right) over the last year.
The narrative it carries
This is its only narrative.
Geopolitical supply →
Oil and the companies that produce, move and refine it, priced partly on the risk that supply is cut off.
This week its attention level is 55.8, in the WARM band, 9th of 22. 107 ETFs carry it.
How it is built
A plain ETF that owns its holdings directly. It counts toward its narrative's share of money.
Common questions
What story is XLEM selling?
XLEM’s main story is geopolitical supply, which covers oil and the companies that produce, move and refine it, priced partly on the risk that supply is cut off.
What does XLEM cost?
XLEM charges a yearly fee of 0.12%. It is the 4th cheapest of 76 comparable ETFs.
Is XLEM leveraged?
No. XLEM is a plain ETF: it aims to move one for one with what it holds.
When did XLEM launch?
XLEM launched on October 13, 2026 and is issued by SPDR.
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