Key stats
About Materials Select Sector SPDR
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Inception date
Dec 16, 1998
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
ALPS Distributors, Inc.
XLB invests in basic materials companies from the S&P 500, these would include companies in the chemicals, metals and mining, paper and forest products, containers and packaging, and construction materials industry. Its limited selection universe means it is heavily concentrated, and individual holdings must be taken into consideration before investing in this fund. Not surprisingly, XLB favors large-caps. Components of the index are all picked by the index committee, and weighed by free-float market capitalization, subject to a cap to ensure diversification requirements. Index rebalancing occurs quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Process Industries
Non-Energy Minerals
Stocks99.87%
Process Industries72.92%
Non-Energy Minerals24.46%
Consumer Non-Durables2.49%
Bonds, Cash & Other0.13%
Mutual fund0.11%
Cash0.02%
Stock breakdown by region
North America74.27%
Europe25.73%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
XLB invests in stocks. The fund's major sectors are Process Industries, with 72.92% stocks, and Non-Energy Minerals, with 24.46% of the basket. The assets are mostly located in the North America region.
XLB top holdings are Linde plc and Sherwin-Williams Company, occupying 18.32% and 6.84% of the portfolio correspondingly.
XLB last dividends amounted to 0.41 USD. The quarter before, the issuer paid 0.44 USD in dividends, which shows a 9.23% decrease.
XLB assets under management is 4.86 B USD. It's fallen 3.74% over the last month.
XLB fund flows account for −332.96 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, XLB pays dividends to its holders with the dividend yield of 1.96%. The last dividend (Mar 26, 2025) amounted to 0.41 USD. The dividends are paid quarterly.
XLB shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Dec 16, 1998, and its management style is Passive.
XLB expense ratio is 0.09% meaning you'd have to pay 0.09% of your investment to help manage the fund.
XLB follows the S&P Materials Select Sector. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
XLB invests in stocks.
XLB price has risen by 3.69% over the last month, and its yearly performance shows a −3.56% decrease. See more dynamics on XLB price chart.
NAV returns, another gauge of an ETF dynamics, showed a −2.35% decrease in three-month performance and has decreased by −3.35% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −2.35% decrease in three-month performance and has decreased by −3.35% in a year.
XLB trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.