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Welcome to the Parachute Podcast, where host Tom Lydon discusses the experience, wit and wisdom of people of influence in the area of finance and investing.

You’ve landed at a place where advisors and investors are looking to learn from others.

A financial parachute offers you safety over time. But your parachute is different from everyone else’s. It’s made from experiences, time, people you know and your own individual interests.

How much time and effort you put into building your parachute will determine how safely you will land.

But first, you need the guts to jump.

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  2. ETF of the Week: SPDR S&P Oil & Gas Equipment & Services ETF (XES)

ETF of the Week: SPDR S&P Oil & Gas Equipment & Services ETF (XES)

Feb 7, 2019

ETF Trends publisher Tom Lydon discussed the SPDR S&P Oil & Gas Equipment & Services ETF (XES) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

XES seeks to provide investment results that correspond generally to the total return performance of an index derived from the oil and gas equipment and services segment of a U.S. total market composite index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas equipment and services segment of the S&P Total Market Index ("S&P TMI").