State Street Materials Select Sector SPDR ETF

Frequently Asked Questions About XLB

What does XLB invest in?

The State Street Materials Select Sector SPDR ETF (XLB) aims to replicate the investment outcomes, including both price appreciation and yield, of the Materials Select Sector Index, prior to accounting for expenses. This underlying index effectively represents the materials segment of the broader S&P 500 Index. The ETF offers focused exposure to companies across key materials industries, including chemicals, metals and mining, paper and forest products, containers and packaging, and construction materials. This precise targeting enables investors to establish either strategic long-term or tactical short-term positions, providing a more granular approach compared to conventional style-based investment strategies.

What is the expense ratio of XLB?

State Street Materials Select Sector SPDR ETF (XLB) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is XLB?

State Street Materials Select Sector SPDR ETF (XLB) manages $7.93B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is XLB actively managed or an index fund?

XLB is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (XLB's is 0.08%) because there's no security selection cost.

When was XLB launched?

State Street Materials Select Sector SPDR ETF (XLB) launched in December 1998 and is managed by SPDR.

How has XLB performed?

XLB's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.