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XLE

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1d
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Analysis and statistics

  • Open
    1637.5348$
  • Previous Close
    1637.5348$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

The ETF with the financial product symbol XLE.MX refers to the Energy Select Sector SPDR Fund traded on the Mexican Stock Exchange (Bolsa Mexicana de Valores). This ETF tracks the performance of the energy sector within the S&P 500 index, providing investors exposure to U.S. energy companies listed in the S&P 500.
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Factors

Crude Oil Prices: A primary driver as XLE.MX tracks energy sector companies, heavily influenced by crude oil price movements.

Natural Gas Prices: Natural gas prices, while less impactful than oil, also influence the ETF due to the inclusion of natural gas companies.

Geopolitical Events: Global events, especially those impacting oil supply or demand (e.g., wars, sanctions), can significantly affect XLE.MX.

Economic Growth: Strong economic growth typically increases energy demand, boosting oil prices and, consequently, XLE.MX.

Interest Rates: Interest rate hikes can negatively impact XLE.MX as they increase borrowing costs for energy companies.

Inflation: Inflationary pressures can affect energy prices and company valuations within the XLE.MX portfolio.

Company-Specific News: News impacting major holdings in XLE.MX (e.g., earnings reports, discoveries) can influence the ETF's price.

Currency Fluctuations: Currency exchange rates between the MXN and USD can impact the ETF's price, especially if holdings are denominated in USD.

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