Materials Select Sector SPDR ETF (XLB) belongs to the Materials category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with XLB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XLB
XLB charges 0.13% annually. There are 2 ETFs in the Materials category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Materials Index ETF | 0.08% | 603.22M | Oct 2013 | XLB vs FMAT | |
| Vanguard Materials ETF | 0.10% | 4.50B | Jan 2004 | XLB vs VAW | |
| Invesco S&P SmallCap Materials ETF | 0.29% | 21.06M | Apr 2010 | XLB vs PSCM | |
| Hoya Capital Housing ETF | 0.30% | 34.76M | Mar 2019 | XLB vs HOMZ | |
| SPDR S&P Metals & Mining ETF | 0.35% | 5.31B | Jun 2006 | XLB vs XME |
Best Risk-Adjusted Alternatives to XLB
XLB has a PortfoliosLab risk / return rank of 32. There are 18 ETFs in the Materials category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors Rare Earth/Strategic Metals ETF | 87 | 3.01B | Oct 2010 | XLB vs REMX | |
| VanEck Vectors Steel ETF | 86 | 224.19M | Oct 2006 | XLB vs SLX | |
| iShares MSCI Global Select Metals & Mining Produce... | 84 | 2.18B | Jan 2012 | XLB vs PICK | |
| Global X Rare Earth & Critical Materials ETF | 79 | 45.97M | Jan 2022 | XLB vs EART | |
| Invesco S&P SmallCap Materials ETF | 78 | 21.06M | Apr 2010 | XLB vs PSCM |
Top Performing XLB Alternatives (YTD)
XLB is at 14.35% YTD. There are 13 ETFs in the Materials category with higher YTD returns, going as high as 33.01%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors Rare Earth/Strategic Metals ETF | 33.01% | 3.01B | Oct 2010 | XLB vs REMX | |
| VanEck Vectors Steel ETF | 32.29% | 224.19M | Oct 2006 | XLB vs SLX | |
| iShares MSCI Global Select Metals & Mining Produce... | 30.58% | 2.18B | Jan 2012 | XLB vs PICK | |
| First Trust Materials AlphaDEX Fund | 29.62% | 443.11M | May 2007 | XLB vs FXZ | |
| Invesco S&P SmallCap Materials ETF | 26.28% | 21.06M | Apr 2010 | XLB vs PSCM |
Lowest Volatility Alternatives to XLB
XLB has 16.78% 1-year volatility. No ETFs in the Materials category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 17.65%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Materials ETF | 17.65% | 4.50B | Jan 2004 | XLB vs VAW | |
| Fidelity MSCI Materials Index ETF | 17.66% | 603.22M | Oct 2013 | XLB vs FMAT | |
| Invesco S&P 500® Equal Weight Materials ETF | 18.15% | 178.90M | Nov 2006 | XLB vs RSPM | |
| Invesco MSCI Global Timber ETF | 18.57% | 30.44M | Nov 2007 | XLB vs CUT | |
| iShares U.S. Basic Materials ETF | 18.67% | 1.41B | Jun 2000 | XLB vs IYM |
Lowest Drawdown Alternatives to XLB
XLB has a 1-year max drawdown of -12.38%. There is 1 ETF in the Materials category with a shallower 1-year drawdown, going as shallow as -12.32%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P 500® Equal Weight Materials ETF | -12.32% | 178.90M | Nov 2006 | XLB vs RSPM | |
| First Trust Materials AlphaDEX Fund | -12.75% | 443.11M | May 2007 | XLB vs FXZ | |
| Vanguard Materials ETF | -13.42% | 4.50B | Jan 2004 | XLB vs VAW | |
| Fidelity MSCI Materials Index ETF | -13.48% | 603.22M | Oct 2013 | XLB vs FMAT | |
| iShares U.S. Basic Materials ETF | -13.61% | 1.41B | Jun 2000 | XLB vs IYM |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $781B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 70 | 10.91% | 781.00B | Jan 1993 | XLB vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 32 | 2.92% | 150.37B | Nov 2004 | XLB vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 83 | 36.47% | 121.66B | Dec 1998 | XLB vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 57 | 13.75% | 53.61B | Sep 2000 | XLB vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 41 | 10.34% | 7.30B | Oct 2015 | XLB vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 63 | 32.17% | 38.95B | Dec 1998 | XLB vs XLE | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 32 | 3.00% | 30.87B | Jun 2018 | XLB vs GLDM | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 70 | 10.98% | 146.68B | Nov 2005 | XLB vs SPYM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 19 | 3.11% | 22.40B | Dec 1998 | XLB vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.49% | 45.99B | May 2007 | XLB vs BIL |
Often Compared With XLB
Investors most often compare XLB with XLY, MXI, GUNR. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare XLB with Any Fund or Stock
Compare XLB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XLB with funds that move differently
Materials Select Sector SPDR ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XLB.
Explore XLB Diversifiers