XOP ETF — SPDR S&P Oil & Gas Exploration & Production ETF

SPDR S&P Oil & Gas Exploration & Production ETF (XOP)

Updated October 23, 2026.

XOP is an ETF that tracks the S&P Oil & Gas Exploration & Production Select Industry Index. Its distribution rate is 1.50%, its trailing-12-month yield is 1.55%, its expense ratio is 0.35%. Dividend Vision Distribution Safety Score™ is 86/100 (Safe). Total return is 93.8% over the past 20.3 years, 690.2 points behind SPY at 784.0%.

This ETF tracks the S&P Oil & Gas Exploration & Production Select Industry Index, holding a representative sample of companies engaged in oil and gas exploration and production. It offers a moderate current distribution rate paid quarterly and carries an expense ratio of 0.35%. The fund appeals to income and value investors seeking exposure to the exploration and production segment of the energy sector.

XOP performance versus SPY

As of Oct 23, 2026

Total return is 93.8% over the past 20.3 years, 690.2 points behind SPY at 784.0%. Over the past year its total return — price change plus distributions reinvested — is 58.7%. Its deepest 1-year drawdown was 18.5%.

XOP key facts

Distribution Safety Score™

86 · Safe

Safety-Adjusted Yield

1.29%

Issuer

State Street

Asset type

ETF

Asset class

Equity

Inception date

06/19/2006

Expense ratio

0.35%

Distribution rate

1.50%

Distribution frequency

Quarterly

Trailing yield

1.55%

Last close

$201.69 (as of 2026-10-23)

AUM

$4,506,539,507

Market cap

$11,948,339,200

Average volume

2,531,400

Dividend

$0.757

Ex-dividend date

09/21/2026

Payment date

09/23/2026

Beta

-0.16

How Dividend Vision calculates yield and returns

Distribution rate (1.50%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.55%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: State Street; Index: S&P Oil & Gas Exploration & Production Select Industry Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

XOP risks and drawbacks

XOP's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 18.5%.

Who may consider XOP — and who may not

XOP may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (XOP pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on XOP

• All tickers starting with X

Tagged: Basket, Energy, Index, Oil.

Compare XOP

XOP vs similar funds:

• XOP vs XLE

Frequently asked questions

More securities from State Street.