The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Looking for broad exposure to the Materials - Broad segment of the equity market? You should consider the Materials Select Sector SPDR ETF (XLB), a passively managed exchange traded fund launched on 12/16/1998.
This article provides a top-down analysis of the materials sector, focusing on value, quality, and momentum metrics for industry evaluation. The construction materials industry is undervalued and has a good quality score, while the chemicals industry has the lowest value and quality scores. The price history of Materials Select Sector SPDR ETF (XLB) shows the sector has sharply underperformed the S&P 500 for 2 years.
The Materials Select Sector SPDR ETF (XLB) was launched on 12/16/1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Materials - Broad segment of the equity market.
XLB has outperformed the broad market YTD, driven by relatively strong returns in the Chemicals and Metals & Mining industries. Its valuation remains attractive, with lower P/E and P/B ratios than the S&P 500. Risks include; concentration in one business, Chemicals, and the cyclical nature of Metals & Mining, making a Materials bias unwarranted.
Launched on 12/16/1998, the Materials Select Sector SPDR ETF (XLB) is a passively managed exchange traded fund designed to provide a broad exposure to the Materials - Broad segment of the equity market.
If you're interested in broad exposure to the Materials - Broad segment of the equity market, look no further than the Materials Select Sector SPDR ETF (XLB), a passively managed exchange traded fund launched on 12/16/1998.
The materials sector is essential but underrepresented in the S&P 500; a 5%-10% exposure is recommended for a diversified portfolio. We will discuss the largest material sector fund, XLB, as well as other equally compelling materials sector funds such as VAW and RSPM. We will also compare the performance and other attributes of the three funds to determine which may be the best investment over the long term.
This article provides a top-down analysis of the basic materials sector, focusing on fundamental metrics for various industries. The construction materials industry is the most attractive subsector based on value and quality scores. Fast Facts on XLB, an ETF overweight in chemicals.
Looking for broad exposure to the Materials - Broad segment of the equity market? You should consider the Materials Select Sector SPDR ETF (XLB), a passively managed exchange traded fund launched on 12/16/1998.
S&P 500 Sector Returns show Communication Services and Financials in a dead heat for the top spot, with Materials underperforming YTD. Commodity Prices have been soft lately due to weakness in China, while the US Dollar Index is up YTD, pressuring resource-related equities. XLB ETF offers strategic exposure to the Materials sector, with a strong technical situation and potential for diversification amid geopolitical jitters.
XLB, a well-established ETF focusing on material stocks in the S&P 500, has underperformed the diversified bellwether this year. We measure XLB's qualities against its closest peer - VAW and feel it is the superior product. Yet, we don't feel XLB would be worth pursuing at this stage.