Is XLE the Right Fit for Your Portfolio Before Summer?
Key takeaways
- XLE ^GSPC CL=F XLK Tech stocks are getting all the attention on Wall Street right now, but the best-performing sector year to date is still energy.
- But all of those gains came during the first quarter of the year.
- Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need.
XLE ^GSPC CL=F XLK Tech stocks are getting all the attention on Wall Street right now, but the best-performing sector year to date is still energy. The State Street Energy Select Sector SPDR ETF (NYSEMKT: XLE) is up 32% so far in 2026, which easily tops the S&P 500 s (SNPINDEX: ^GSPC) 8.8% return and the 23% return of the State Street Technology Select Sector SPDR ETF (NYSEMKT: XLK).
But all of those gains came during the first quarter of the year. So far in Q2, the XLE ETF is down about 2%, making it the second-worst-performing sector, behind only utilities.
Will AI create the world s first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue »