ATLASState Street Materials Select Sector SPDR ETF (XLB): outlook, holdings and fees
State Street Materials Select Sector SPDR ETF (XLB) is an exchange-traded fund and is managed by State Street Investment Management. The expense ratio is 0.09% and the yield is 1.74%. The ten largest holdings are 61% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on XLB
| Last price | $52.74 (+0.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 55% |
| Likely 1-month range (50%) | $51.69 – $54.35 |
| Normal 1-day range (±1σ) | ±0.9% |
| Distribution yield | 1.74% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
XLB fund facts
| Issuer | State Street Investment Management |
|---|---|
| Theme | Materials & mining |
| Assets under management | $7.8B |
| Expense ratio | 0.09% |
| Number of holdings | 24 |
| Portfolio turnover | 3% |
| Inception | Dec 16, 1998 |
| Exchange | NYSE |
In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
XLB top holdings
| Holding | Sector | Weight |
|---|---|---|
| Linde plc Ordinary Shares LIN | Basic Materials | 13.16% |
| Newmont Goldcorp Corp NEM | Basic Materials | 7.24% |
| Freeport-McMoran Copper & Gold Inc FCX | Basic Materials | 6.30% |
| Ecolab Inc ECL | Basic Materials | 5.00% |
| Sherwin-Williams Co SHW | Basic Materials | 4.99% |
| Steel Dynamics Inc STLD | Basic Materials | 4.85% |
| Vulcan Materials Company VMC | Basic Materials | 4.97% |
| Nucor Corp NUE | Basic Materials | 4.88% |
| Air Products and Chemicals Inc APD | Basic Materials | 4.45% |
| Martin Marietta Materials Inc MLM | Basic Materials | 4.67% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
XLB sector breakdown
| Sector | Weight |
|---|---|
| Basic Materials | 82.7% |
| Consumer Cyclicals | 17.3% |
By region: North America 93.2%, Europe Developed 3.6%, United Kingdom 3.1%.
XLB returns and risk
| Year to date | +9.9% |
|---|---|
| 1 year | +14.2% |
| 3 years (annualised) | +10.3% |
| 5 years (annualised) | +6.1% |
| 10 years (annualised) | +10.4% |
| Volatility (3 years) | 15.5% |
| Sharpe ratio (3 years) | 0.35 |
Past returns do not guarantee future results.
XLB: frequently asked questions
What does XLB invest in?
State Street Materials Select Sector SPDR ETF invests in a portfolio of securities. Its largest holdings are Linde plc Ordinary Shares (13.2%), Newmont Goldcorp Corp (7.2%), Freeport-McMoran Copper & Gold Inc (6.3%), Ecolab Inc (5.0%), Sherwin-Williams Co (5.0%).
What is the XLB expense ratio?
0.09% a year: about $9.00 for every $10,000 invested.
What is the XLB dividend yield?
1.74%. ATLAS does not hold the exact distribution dates for ETFs.
Will XLB go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 55%, with a likely range (50%) of $51.69 to $54.35 from $52.74 today. It is a probability, not a prediction.
How has XLB performed?
Year to date +9.9%, one year +14.2%, three years +10.3% a year, five years +6.1% a year. Past returns do not guarantee future results.
Similar ETFs: Materials & mining
- SPDR S&P Metals & Mining ETF (XME)
- Vanguard Materials Index Fund ETF Shares (VAW)
- abrdn Physical Precious Metals Basket Shares ETF (GLTR)
- iShares MSCI Global Metals & Mining Producers ETF (PICK)
- VanEck Rare Earth and Strategic Metals ETF (REMX)
- iShares U.S. Basic Materials ETF (IYM)
- Fidelity MSCI Materials Index ETF (FMAT)
- Sprott Critical Materials ETF (SETM)
Educational information, not investment advice. Disclaimer