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ETFs

Materials Select Sector SPDR Fund

XLB
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Dec 16, 1998
Expense Ratio
0.1%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$390,660,978
AUM
$5,157,968,540
Associated Index
S&P Materials Select Sector Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

LIN
Linde Plc.
20.67%
APD
Air Products & Chemicals Inc.
7.23%
SHW
Sherwin-Williams Co.
6.84%
FCX
Freeport-McMoRan Inc
6.05%
ECL
Ecolab, Inc.
4.95%
NUE
Nucor Corp.
4.33%
CTVA
Corteva Inc
4.14%
DOW
Dow Inc
4.01%
DD
DuPont de Nemours Inc
3.8%
NEM
Newmont Corp
3.68%
Invest with XLB
Trade XLB Options

What is XLB?

The Materials Select Sector SPDR Fund before expenses seeks to closely match the returns and characteristics of the Materials Select Sector Index (ticker: IXB).

1M
3M
6M
YTD
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XLB
Performance Measures**

for the time period Dec 22, 1998 to Dec 5, 2025

Returns

1M Trailing Return: 3.5%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -3.7%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -59.8%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 23.7%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.44

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.13

The annualized return divided by the max drawdown for the selected time period.

ETFs related toXLB

ETFs correlated to XLB include VAW, FMAT, IYM

XLB
SSgA Active Trust - Materials Select Sector SPDR
VAW
Vanguard Group, Inc. - Vanguard Materials ETF
FMAT
Fidelity Covington Trust - Fidelity MSCI Materials Index ETF
IYM
BlackRock Institutional Trust Company N.A. - iShares U.S. Basic Materials ETF
FXZ
First Trust Exchange-Traded Fund III - First Trust Materials AlphaDEX Fund
JPME
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Mid Cap Equity ETF
JPUS
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Equity ETF
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toXLB

Popped Grind l BrianE VoxMachina Okhi2u SolarianKnight l

Category

Tactical asset allocation, Momentum, Mean reversion, Sector rotation, Managed futures, Volatility hedge, Leveraged ETFs, Multi-asset, Daily rebalancing

OOS Cumulative Return

271.12%

11.10.23 | Risky Business

Category

Aggressive momentum, tactical rotation, trend-following, leveraged ETFs, inverse/volatility hedges, risk management

OOS Cumulative Return

143.4%

Create your own algorithmic trading strategy with XLB using Composer

FAQ

XLB is a US Equities ETF. The Materials Select Sector SPDR Fund before expenses seeks to closely match the returns and characteristics of the Materials Select Sector Index (ticker: IXB).

XLB tracks the S&P Materials Select Sector Index.

No, XLB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, XLB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on XLB is -0.0148%. This is the percent change in the value of XLB over the most recent 1-month period. The 3-month return on XLB is -0.014%. This is the percent change in the value of XLB over the most recent 3-month period.

The standard deviation of XLB for the past year is 0.2058%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to XLB include UYM, SMN, and XLI.

ETFs correlated to XLB include VAW, FMAT, and IYM.

ETFs that are inversely correlated to XLB include TZA, TWM, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.