XLB
Materials Select Sector SPDR
Select Sector SPDR® holding S&P 500 stocks in the Basic Materials sector. The fund seeks investment results that, before expenses, generally correspond to the price and yield performance of the benchmark index.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 7.4 B
ASSETS UNDER MGMT
8 bp
EXPENSES
Fund Basics
| Inception date | Dec 16, 1998 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| LINDE PLC | 14.2 % |
| NEWMONT MINING CORP | 7.3 % |
| NUCOR CORP | 6.4 % |
| FREEPORT-MCMORAN COPPER | 5.8 % |
| VULCAN MATERIALS CO | 4.6 % |
| CRH PLC | 4.5 % |
| AIR PRODUCTS & CHEMICALS INC | 4.4 % |
| STEEL DYNAMICS INC | 4.4 % |
| CORTEVA INC | 4.3 % |
| SHERWIN-WILLIAMS CO/THE | 4.3 % |
Constituent Breakdown
| Number of holdings | 24 |
| Herfindahl-Hirschman Index | 562 |
| Wgt avg mkt cap (mns) | $61,644 |
| Large cap (>$10bn) | 87.7% |
| Mid cap ($2-10bn) | 1.1% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 93.3% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 74.0 % |
 |
BRITAIN | 16.3 % |
 |
IRELAND | 2.6 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 12.8% | 18.5% | 5.7% | 10.9% | 3.2% | 8.1% | 6.0% | 6.0% |
| Dividend Yield | 0.5% | 2.3% | 2.1% | 2.2% | 2.1% | 2.2% | 2.4% | 2.6% |
| Total Returns | 13.3% | 20.8% | 7.8% | 13.1% | 5.3% | 10.3% | 8.3% | 8.6% | Ann. Volatility | 19.2% | 16.8% | 18.3% | 17.1% | 18.9% | 20.6% | 23.6% | 23.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.82 | 33% |
| MSCI EAFE | 0.76 | 47% |
| MSCI Emg Mkts | 0.48 | 32% |
Liquidity Measures
| Avg. volume (000) | 11,486 |
| ADV traded (mns) | $592 |
| Turnover | 8.0% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| 30d moving avg. (EMA) | $50.98 |
| Relative strength (RSI) | 51 |
| MACD/Signal | -0.09/-0.12 |
| Bollinger Bands (Upper/Lower) | $52.83/$49.30 |
| Short interest (% of AUM) | 13.2% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. XLB |
Expenses vs. XLB |
ALTAR Score™ vs. XLB |
|---|---|---|---|---|
| FMAT | Fidelity MSCI Materials Index ETF | 68.5% | +0 bp | -0.2% |
| VAW | Vanguard Materials ETF | 68.5% | +1 bp | -0.3% |
| RSPM | Invesco S&P 500 Equal Weight Materials ETF | 66.4% | +32 bp | +0.1% |
| IYM | iShares U.S. Basic Materials ETF | 56.4% | +32 bp | -1.0% |
| MXI | iShares Global Materials ETF | 35.2% | +33 bp | +0.3% |
| FXZ | First Trust Materials AlphaDEX Fund | 28.6% | +53 bp | +0.5% |
| PYZ | Invesco Dorsey Wright Basic Materials Momentum ETF | 25.4% | +52 bp | -1.1% |
| NANR | SPDR S&P North American Natural Resources ETF | 20.2% | +27 bp | +1.2% |
| XME | State Street SPDR S&P Metals & Mining ETF | 18.0% | +27 bp | -0.5% |
| FTRI | First Trust Indxx Global Natural Resources Income ETF | 15.3% | +62 bp | +1.2% |
Risk and Returns: XLB vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.1%
ALTAR SCORE™
46th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. XLB's ALTAR Score™ is approximately -0.1 standard
deviations above the category average. This places XLB in the 46th percentile
among funds in the category.
Sell-Side Consensus
$55.71
PRICE TARGET
+8.1%
UPSIDE