Xle stock forecast

Half of the ETF's top holdings and over 70% of its total weighting are companies that produce oil and gas. Because of that, the fund has meaningful exposure to commodity price volatility. Its value tends to rise and fall along with crude prices: Why Copper Is Set to Soar: Grasberg Shutdown, Electrification, and AI Boom Futures curve steepening in crude contracts adds bullish conviction to XLE stock forecast scenarios for the late-summer trading window.