# State Street Materials Select Sector SPDR ETF (XLB): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/xlb for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SPDR · Asset class: Equity - Strategy: Passive Index · Inception: 1998-12-16 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 t... ## Key Facts | Metric | Value | |---|---| | Price | $51.31 | | Expense Ratio | 0.08% | | Assets Under Management | $8.04B | | NAV | $51.71 | | Holdings Count | 24 | | Distribution Yield (TTM) | 1.68% | | Annual Distribution (TTM) | $0.86 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $42.04 – $54.19 | | Beta | 0.82 | ## Latest Distribution - Amount: $0.2286 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-23 ## Frequently Asked Questions ### 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 $8.04B 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. ### Does XLB pay a dividend? State Street Materials Select Sector SPDR ETF (XLB) currently distributes little or no income. Trailing-twelve-month yield is 1.68%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does XLB pay dividends? State Street Materials Select Sector SPDR ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is XLB's dividend yield? XLB's trailing-twelve-month yield is 1.68%, calculated from the sum of dividends over the past year divided by the current price. ### When is XLB's next ex-dividend date? The most recently announced ex-dividend date for XLB was 2026-09-21. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will XLB's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.08% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does XLB charge its expense ratio? The expense ratio is deducted in tiny daily slices from XLB's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does XLB cost more than a fund like VOO? XLB is a passive index fund (current expense ratio 0.08%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to XLB? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as XLB (0.08%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/xlb - Distribution history: https://www.dividenddata.com/funds/xlb/dividend - Holdings & diversification: https://www.dividenddata.com/funds/xlb/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/xlb/expenses - Peer comparison: https://www.dividenddata.com/funds/xlb/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.