The Materials Select Sector SPDR® Fund XLB

NAV
$82.82
as of Dec 01 2022
Base Currency
USD
Assets Under Management
$5,600.74 M
as of Dec 01 2022
Gross Expense Ratio
0.10%

Key Features


  • The 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 (the “Index”)
  • The Index seeks to provide an effective representation of the materials sector of the S&P 500 Index
  • Seeks to provide precise exposure to companies in the chemical, construction material, containers and packaging, metals and mining, and paper and forest products industries
  • Allows investors to take strategic or tactical positions at a more targeted level than traditional style based investing


About this Benchmark


The companies included in each Select Sector Index are selected on the basis of general industry classification from a universe of companies defined by the Standard & Poor’s 500 Composite Stock® Index (“S&P 500®”). The eleven Select Sector Indexes (each a “Select Sector Index”) upon which the Select Sector SPDR Funds are based together comprise all of the companies in the S&P 500.

The Materials Select Sector Index seeks to provide an effective representation of the materials sector of the S&P 500 Index. The Index includes companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials.


Fund Information as of Dec 04 2022

Benchmark Materials Select Sector Index
Inception Date Dec 16 1998
Options Available Yes
Gross Expense Ratio
0.10%
Base Currency USD
Administrator State Street Global Advisors Funds Management Inc.
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor ALPS Portfolio Solutions Distributor, Inc.
Distribution Frequency Quarterly

Listing Information as of Dec 04 2022

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Dec 22 1998 USD XLB 81369Y100 US81369Y1001

Fund Characteristics as of Dec 01 2022

Est. 3-5 Year EPS Growth
5.91%
Number of Holdings 28
Price/Book Ratio
3.07
Price/Earnings Ratio FY1
15.28
Weighted Average Market Cap $61,382.52 M

Index Characteristics as of Dec 01 2022

Est. 3-5 Year EPS Growth 5.91%
Number of Holdings 28
Price/Cash Flow 12.17
Price/Earnings 16.38
Price/Earnings Ratio FY1 15.28

Index Statistics as of Dec 01 2022

Average Size Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$61,382.78 M $33,301.04 M $25,822.18 M $166,734.61 M $7,639.18 M

Yields as of Dec 01 2022

30 Day SEC Yield
1.88%
30 Day SEC Yield (Unsubsidized)
-
Fund Distribution Yield
2.04%
Index Dividend Yield
1.96%

Fund Market Price as of Dec 01 2022

Bid/Ask
$82.84
Closing Price
$82.85
Day High $83.41
Day Low $82.14
Exchange Volume (Shares)
595,986
Premium/Discount
0.02%
30-Day Median Bid/Ask Spread
0.01%

Premium Discount to NAV Graph and Summary

Number of Days Summary

Calendar Year 2021 First Quarter of 2022 Second Quarter of 2022 Third Quarter of 2022
Days Traded at Premium
147 34 43 35
Days Traded at Discount
105 28 19 29

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Fund Net Cash Amount as of Dec 01 2022

Net Cash Amount $15,815,098.29

Fund Net Asset Value as of Dec 01 2022

NAV
$82.82
Shares Outstanding 67.62 M
Assets Under Management $5,600.74 M

Fund Performance

  • Fund Inception Date: Dec 16 1998

as of Oct 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 16 1998
Fund Before Tax
NAV Oct 31 2022 8.99% 8.99% -16.91% -11.10% 10.63% 6.80% 9.73% 7.88%
Market Value Oct 31 2022 8.90% 8.90% -16.90% -11.11% 10.62% 6.80% 9.74% 7.88%
Materials Select Sector Index Oct 31 2022 9.00% 9.00% -16.88% -11.02% 10.67% 6.87% 9.85% 8.09%
Fund After Tax
Return after Taxes on Distributions Oct 31 2022 8.99% 8.99% -17.46% -11.79% 9.99% 6.21% 9.14% 7.29%
Return after Taxes on Distributions and Sale of Fund Shares Oct 31 2022 5.32% 5.32% -10.00% -6.46% 8.14% 5.19% 7.83% 6.56%
Materials Select Sector Index Oct 31 2022 9.00% 9.00% -16.88% -11.02% 10.67% 6.87% 9.85% 8.09%

as of Sep 30 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 16 1998
Fund Before Tax
NAV Sep 30 2022 -9.32% -7.12% -23.77% -12.23% 7.49% 5.77% 8.56% 7.52%
Market Value Sep 30 2022 -9.24% -7.05% -23.69% -12.14% 7.52% 5.79% 8.57% 7.52%
Materials Select Sector Index Sep 30 2022 -9.35% -7.13% -23.74% -12.15% 7.52% 5.84% 8.67% 7.72%
Fund After Tax
Return after Taxes on Distributions Sep 30 2022 -9.54% -7.34% -24.27% -12.91% 6.87% 5.19% 7.97% 6.93%
Return after Taxes on Distributions and Sale of Fund Shares Sep 30 2022 -5.52% -4.21% -14.03% -7.09% 5.70% 4.39% 6.84% 6.24%
Materials Select Sector Index Sep 30 2022 -9.35% -7.13% -23.74% -12.15% 7.52% 5.84% 8.67% 7.72%

Past performance is not a reliable indicator of future performance. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  All results are historical and assume the reinvestment of dividends and capital gains. It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.10%


Top Holdings

as of Dec 01 2022
as of Dec 01 2022

Fund Top Holdings as of Dec 01 2022

Name Shares Held Weight
Linde plc 3,013,796 18.26%
Air Products and Chemicals Inc. 1,341,301 7.52%
Sherwin-Williams Company 1,426,316 6.45%
Freeport-McMoRan Inc. 8,647,844 6.15%
Corteva Inc 4,345,693 5.17%
Nucor Corporation 1,583,151 4.25%
Newmont Corporation 4,799,725 4.19%
Ecolab Inc. 1,499,432 4.09%
Dow Inc. 4,343,083 3.99%
DuPont de Nemours Inc. 3,029,185 3.83%
Download All Holdings: Daily

Index Top Holdings as of Dec 01 2022

Name Weight
Linde plc 18.29%
Air Products and Chemicals Inc. 7.53%
Sherwin-Williams Company 6.46%
Freeport-McMoRan Inc. 6.16%
Corteva Inc 5.18%
Nucor Corporation 4.25%
Newmont Corporation 4.20%
Ecolab Inc. 4.10%
Dow Inc. 3.99%
DuPont de Nemours Inc. 3.84%

Industry Allocation

as of Dec 01 2022
as of Dec 01 2022

Fund Industry Allocation as of Dec 01 2022

Sector Weight
Chemicals 69.86%
Metals & Mining 14.61%
Containers & Packaging 10.39%
Construction Materials 5.14%

Index Industry Allocation as of Dec 01 2022

Sector Weight
Chemicals 69.86%
Metals & Mining 14.61%
Containers & Packaging 10.39%
Construction Materials 5.14%

Purchase Information


Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions apply.


There are no sales loads on Select Sector SPDR shares but ordinary brokerage commissions apply and this expense is not reflected in performance calculations.

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Unless otherwise noted all information contained herein is that of The Materials Select Sector SPDR ETF.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

All total return figures assume reinvestment of dividend and capital gains at net assets value; actual returns may differ.