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ISIN
US81369Y1001
CUSIP
81369Y100
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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S&P 500 Index

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20268.64%8.40%-6.02%3.00%-0.62%3.07%16.77%
20255.53%-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%
20238.97%-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
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.


XLB Risk / Return Rank: 3636
Overall Rank
XLB Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
XLB Sortino Ratio Rank: 3737
Sortino Ratio Rank
XLB Omega Ratio Rank: 3434
Omega Ratio Rank
XLB Calmar Ratio Rank: 3737
Calmar Ratio Rank
XLB Martin Ratio Rank: 3636
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.


XLBBenchmarkDifference
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.


1.60%1.70%1.80%1.90%2.00%2.10%2.20%2.30%$0.00$0.20$0.40$0.60$0.8020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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 15d4y 2mo
4y 11moMay 2008 - May 2013
Dot-com crash2000–2002
-37.42%Sep 2000
1y 4mo3y 2mo
4y 6moMay 1999 - Dec 2003
COVID crash2020
-37.27%Mar 2020
2y 1mo3mo 26d
2y 5moJan 2018 - Jul 2020
2016 bear market2016
-26.89%Jan 2016
11mo 4d10mo 15d
1y 9moFeb 2015 - Dec 2016
Bear market2022
-24.72%Sep 2022
5mo 8d1y 5mo
1y 10moApr 2022 - Feb 2024

Drawdown Indicators


XLBBenchmarkDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-1.24%

-1.29%

+0.05%

Average Drawdown

Average peak-to-trough decline

-10.83%

-10.72%

-0.11%

Ulcer Index

Depth 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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Portfolio Analyzer

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