- ISIN
- US81369Y1001
- CUSIP
- 81369Y100
- Issuer
- State Street
- Inception Date
- Dec 16, 1998
- Region
- North America (U.S.)
- Category
- Materials
- Leveraged
- 1x (No leverage)
- Index Tracked
- Materials Select Sector Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $8B
Share Price Chart
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Performance
XLB Performance Chart
Materials Select Sector SPDR ETF (XLB) is up 16.8% since the beginning of the year. XLB is currently trading at $53 per share. Investors who bought $1,000 worth of XLB shares 5 years ago would now be looking at an investment worth $1,420.
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Returns By Period
Materials Select Sector SPDR ETF (XLB) has returned 16.77% so far this year and 22.00% over the past 12 months. Over the last ten years, XLB has returned 10.51% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
Materials Select Sector SPDR ETF
- 1D
- 0.42%
- 1M
- 4.81%
- YTD
- 16.77%
- 6M
- 18.28%
- 1Y
- 22.00%
- 3Y*
- 11.01%
- 5Y*
- 7.26%
- 10Y*
- 10.51%
Benchmark (S&P 500 Index)
- 1D
- -0.57%
- 1M
- 1.39%
- YTD
- 9.73%
- 6M
- 10.46%
- 1Y
- 24.50%
- 3Y*
- 19.43%
- 5Y*
- 12.21%
- 10Y*
- 13.75%
XLB Monthly Returns History
Based on dividend-adjusted daily data since Dec 22, 1998, XLB's average daily return is +0.04%, while the average monthly return is +0.86%. At this rate, an investment would double in approximately 6.7 years.
Historically, 57% of months were positive and 43% were negative. The best month was Apr 1999 with a return of +24.7%, while the worst month was Oct 2008 at -22.1%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 9 months.
On a daily basis, XLB closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +11.8%, while the worst single day was Oct 15, 2008 at -12.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.64% | 8.40% | -6.02% | 3.00% | -0.62% | 3.07% | 16.77% | ||||||
| 2025 | 5.53% | -0.03% | -2.67% | -2.43% | 2.92% | 2.22% | -0.09% | 5.19% | -2.42% | -4.41% | 4.35% | 1.98% | 9.94% |
| 2024 | -3.89% | 6.51% | 6.47% | -4.59% | 3.27% | -3.06% | 4.34% | 2.32% | 2.68% | -3.10% | 1.49% | -10.76% | 0.15% |
| 2023 | 8.97% | -3.33% | -1.00% | -0.14% | -6.87% | 11.01% | 3.44% | -3.30% | -4.78% | -3.17% | 8.35% | 4.52% | 12.46% |
| 2022 | -6.80% | -1.27% | 6.12% | -3.54% | 1.18% | -13.86% | 6.15% | -3.48% | -9.30% | 8.93% | 11.70% | -5.52% | -12.30% |
| 2021 | -2.42% | 4.12% | 7.59% | 5.38% | 5.08% | -5.26% | 2.08% | 1.89% | -7.19% | 7.60% | -0.55% | 7.58% | 27.44% |
Benchmark Metrics
Materials Select Sector SPDR ETF has an annualized alpha of 2.82%, beta of 0.95, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since December 22, 1998.
- This ETF captured 112.88% of S&P 500 Index gains and 104.64% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 2.82% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.95 and R2 of 0.61, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.82%
- Beta
- 0.95
- R²
- 0.61
- Upside Capture
- 112.88%
- Downside Capture
- 104.64%
Expense Ratio
XLB has an expense ratio of 0.13%, which is considered low.
Return for Risk
Risk / Return Rank
XLB ranks 36 for risk / return — below 36% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Materials Select Sector SPDR ETF (XLB) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XLB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.36 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.71 | -0.92 |
| Martin ratioReturn relative to average drawdown | 5.46 | 12.15 | -6.69 |
Dividends
Dividend History
Materials Select Sector SPDR ETF provided a 1.66% dividend yield over the last twelve months, with an annual payout of $0.87 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.87 | $0.87 | $0.81 | $0.85 | $0.88 | $0.74 | $0.62 | $0.61 | $0.56 | $0.50 | $0.48 | $0.49 |
Dividend yield | 1.66% | 1.92% | 1.92% | 2.00% | 2.26% | 1.62% | 1.72% | 1.98% | 2.20% | 1.66% | 1.95% | 2.24% |
Monthly Dividends
The table displays the monthly dividend distributions for Materials Select Sector SPDR ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.00 | $0.21 | ||||||
| 2025 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.23 | $0.87 |
| 2024 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.22 | $0.81 |
| 2023 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.30 | $0.85 |
| 2022 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.25 | $0.88 |
| 2021 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.22 | $0.74 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Materials Select Sector SPDR ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Materials Select Sector SPDR ETF was 59.83%, occurring on Mar 2, 2009. Recovery took 1054 trading sessions.
The current Materials Select Sector SPDR ETF drawdown is 1.24%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -59.83%Mar 2009 | 9mo 15d | 4y 2mo | 4y 11moMay 2008 - May 2013 |
Dot-com crash2000–2002 | -37.42%Sep 2000 | 1y 4mo | 3y 2mo | 4y 6moMay 1999 - Dec 2003 |
COVID crash2020 | -37.27%Mar 2020 | 2y 1mo | 3mo 26d | 2y 5moJan 2018 - Jul 2020 |
2016 bear market2016 | -26.89%Jan 2016 | 11mo 4d | 10mo 15d | 1y 9moFeb 2015 - Dec 2016 |
Bear market2022 | -24.72%Sep 2022 | 5mo 8d | 1y 5mo | 1y 10moApr 2022 - Feb 2024 |
Drawdown Indicators
| XLB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.83% | -56.78% | -3.05% |
Max Drawdown (1Y)Largest decline over 1 year | -12.38% | -9.10% | -3.28% |
Max Drawdown (3Y)Largest decline over 3 years | -23.17% | -18.90% | -4.27% |
Max Drawdown (5Y)Largest decline over 5 years | -24.72% | -25.43% | +0.71% |
Max Drawdown (10Y)Largest decline over 10 years | -37.27% | -33.92% | -3.35% |
Current DrawdownCurrent decline from peak | -1.24% | -1.29% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -10.83% | -10.72% | -0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.04% | 2.02% | +2.02% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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