XOP Fees and Costs — State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF
Data updated: 2026-09-11
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $233K in broker commissions, 0.0096% of average net assets, and portfolio turnover was 87%.
XOP Fees and Expenses
Annual operating expenses and sales charges of XOP. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
XOP Costs Over Time
On $10,000 invested in XOP, assuming 5% a year before costs, total costs come to $228 over 5 years, cutting the return by 0.38% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $38 | $124 | $228 |
| Value after costs | $10,462 | $11,452 | $12,535 |
| Impact on return, per year | 0.38% | 0.38% | 0.38% |
XOP Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0096%
- Total broker commissions: $233K
- Bought from dealers (principal trades, not a cost): $221.3M
- Portfolio turnover (prospectus): 87%
- Securities on loan, average value: $284.6M
- Net income from securities lending: $953K (0.040% of average net assets)
XOP Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $100K | 42.92% |
| Virtu Americas LLC | $61K | 26.51% |
| Goldman Sachs & Co. LLC | $53K | 22.95% |
| Morgan Stanley & Co. LLC | $8K | 3.25% |
| Barclays Capital Inc. | $7K | 3.02% |
| Citadel Securities LLC | $1K | 0.47% |
| Fidelity Brokerage Services LLC | $964 | 0.42% |
| UBS Securities LLC | $416 | 0.18% |
| J.P. Morgan Securities LLC | $387 | 0.17% |
| Nomura Securities International, Inc. | $293 | 0.13% |
XOP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $220.7M | 99.72% |
| BofA Securities, Inc. | $616K | 0.28% |
| Citigroup Global Markets Inc. | $3K | 0.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.