Dave Kelly - SPDR SP Independent Trustee of street tracks series trust
| XOP Etf | USD 146.04 2.63 1.77% |
David M. Kelly is President and CEO, NSCC Vice Chairman, DTCC Vice Chairman and CEO, Government Securities Clearing Corporationration . He also hold directoships in Chicago Stock Exchange Penson Worldwide Inc. Director Custodial Trust Co. streetTRACKS Index Shares Funds .
| Tenure | 24 years |
| Web | http://us.spdrs.com/en/etf/spdr-sp-oil-gas-exploration-production-etf-XOP?fundSeoName=spdr-sp-oil-gas-exploration-production-etf-XOP |
| Issuer | SSgA |
| Inception Date | 2006-06-19 |
| Benchmark | S&P Oil & Gas Exploration & Production Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 2.71 Billion |
| Average Trading Valume | 2.37 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Energy |
| Market Concentration | Developed Markets |
SPDR SP Management Efficiency
The company has Return on Asset of 1.14 % which means that on every $100 spent on assets, it made $1.14 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 59.72 %, implying that it generated $59.72 on every 100 dollars invested. SPDR SP's management efficiency ratios could be used to measure how well SPDR SP manages its routine affairs as well as how well it operates its assets and liabilities.Similar Fund Executives
| Showing other executives | One Year Return | ||
| Matthew Flaherty | SPDR SP Oil | 41 | |
| John Tucker | Energy Select Sector | N/A | |
| David Kelly | SPDR SP Oil | 75 | |
| John Clark | SPDR SP Retail | 45 | |
| Helen Peters | SPDR SP Retail | 71 | |
| David Kelly | SPDR SP Metals | 75 | |
| Chad Hallett | SPDR SP Retail | 46 | |
| Peter Ambrosini | SPDR SP Oil | 68 | |
| Scott Zoltowski | SPDR SP Retail | 43 | |
| John Clark | SPDR SP Oil | 45 | |
| Mary Zeven | SPDR SP Oil | 51 | |
| Helen Peters | SPDR SP Oil | 71 | |
| Gary French | SPDR SP Metals | 67 | |
| Peter Ambrosini | SPDR SP Retail | 68 | |
| Peter Ambrosini | SPDR SP Metals | 68 | |
| Frank Nesvet | SPDR SP Retail | 68 | |
| Helen Peters | SPDR SP Metals | 71 | |
| Mary Zeven | SPDR SP Metals | 51 | |
| Frank Nesvet | SPDR SP Metals | 68 | |
| Matthew Flaherty | SPDR SP Metals | 41 | |
| Matthew Flaherty | SPDR SP Retail | 41 | |
Management Performance
| Return On Equity | 59.72 | |||
| Return On Asset | 1.14 |
SPDR SP Oil Money Managers
| Gary French, Treasurer of street tracks series trust | ||
| John Clark, Assistant Treasurer of street tracks series trust | ||
| Dave Kelly, Independent Trustee of street tracks series trust | ||
| Helen Peters, Independent Trustee of street tracks series trust | ||
| Matthew Flaherty, Assistant Treasurer of street tracks series trust | ||
| Michael Riley, Vice President of street tracks series trust | ||
| Mary Zeven, Secretary of street tracks series trust | ||
| Chad Hallett, Assistant Treasurer of Street tracks series trust | ||
| Scott Zoltowski, Assistant Secretary of street tracks series trust | ||
| Peter Ambrosini, Chief Compliance Officer of street tracks series trust | ||
| James Ross, President Trustee of StreetTracks series trust | ||
| Frank Nesvet, Independent Trustee of street tracks series trust |
SPDR Etf Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is SPDR SP a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 59.72 | |||
| Return On Asset | 1.14 | |||
| Operating Margin | 85.47 % | |||
| Current Valuation | 4.58 B | |||
| Shares Outstanding | 70.5 M | |||
| Shares Owned By Insiders | 0.77 % | |||
| Shares Owned By Institutions | 99.23 % | |||
| Price To Earning | 3.57 X | |||
| Price To Book | 2.76 X | |||
| Price To Sales | 100.66 X |
Pair Trading with SPDR SP
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SPDR SP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SPDR SP will appreciate offsetting losses from the drop in the long position's value.Moving together with SPDR Etf
| 0.96 | XLE | Energy Select Sector | PairCorr |
| 0.97 | VDE | Vanguard Energy Index | PairCorr |
| 0.88 | OIH | VanEck Oil Services | PairCorr |
| 0.97 | IYE | iShares Energy ETF | PairCorr |
The ability to find closely correlated positions to SPDR SP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SPDR SP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SPDR SP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SPDR SP Oil to buy it.
The correlation of SPDR SP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SPDR SP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SPDR SP Oil moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SPDR SP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Oil. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of SPDR SP Oil is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.