The largest ETF in the space XLE (SPDR Energy Select, Expense Ratio 0.16%) has seen close to $300 million bail out in recent sessions, while VDE (Vanguard Energy, Expense Ratio 0.14%) has lost >$90 million, OIH
(Market Vectors Oil Services, Expense Ratio 0.35%) has seen $86 million flow out, and IYE (iShares U.S. Energy, Expense Ratio 0.46%) has lost >$127 million lately.
What is different of course with XOP than some of the aforementioned Energy Equity based ETFs, is that it does not have exposure to the large Integrated Oil names like XOM, CVX, SLB, COP, and so forth, are expected to report earnings in the 10/16-10/30 time frame.
SPDR S&P Oil & Gas Exploration & Production ETF
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