XLB

Materials Select Sector SPDR Fund

$86.77
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The XLB - Materials Select Sector SPDR Fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Materials Select Sector Index.

Overview

ETF tracking Materials Select Sector SPDR Fund

Category Materials
Issuer State Street
Inception Date 2008-11-07
Market Cap $5.4B
Average Volume N/A
Dividend Yield 1.98%
52-Week Range $74.27 - $95.06
VWAP $86.95

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The XLB - Materials Select Sector SPDR Fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Materials Select Sector Index.

🎯 Investment Strategy

The fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the Materials Select Sector Index. The index includes companies from the following industries: chemicals, construction materials, containers and packaging, metals and mining, and paper and forest products.

✨ Key Features

  • Provides exposure to the materials sector of the S&P 500 Index
  • Passively managed to track the Materials Select Sector Index
  • Low expense ratio of 0.00%
  • Highly liquid with significant trading volume

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a single sector
  • Susceptibility to economic conditions and commodity price fluctuations
  • Potential for higher volatility compared to the broader market
  • Lack of performance history as the fund has not yet generated returns

👤 Best For

The XLB ETF may be suitable for investors seeking targeted exposure to the materials sector as part of a diversified portfolio. It could be of interest to investors with a higher risk tolerance who believe in the long-term growth potential of the materials industry. However, due to the lack of performance history, this fund may be more appropriate for experienced investors.

Top Holdings

Rank Ticker Name Weight Sector
1 LIN LINDE PLC 16.35% -
2 NEM NEWMONT CORP 8.02% -
3 SHW SHERWIN WILLIAMS CO/THE 6.38% -
4 ECL ECOLAB INC 5.44% -
5 NUE NUCOR CORP 4.79% -
6 APD AIR PRODUCTS + CHEMICALS INC 4.76% -
7 FCX FREEPORT MCMORAN INC 4.74% -
8 MLM MARTIN MARIETTA MATERIALS 4.67% -
9 VMC VULCAN MATERIALS CO 4.61% -
10 CTVA CORTEVA INC 4.41% -
11 PPG PPG INDUSTRIES INC 3.17% -
12 STLD STEEL DYNAMICS INC 3.06% -
13 AMCR AMCOR PLC 2.83% -
14 IP INTERNATIONAL PAPER CO 2.83% -
15 SW SMURFIT WESTROCK PLC 2.59% -