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.
Materials stocks rallied today, ending the week and month on a positive note. The rally pushed the Materials Sector ETF (XLB) up +1.2% for the day.
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.
Materials Select Sector SPDR Fund has multiple buy signals, including increasing demands for green hydrogen, copper, and clean drinking water. XLB has a competitive expense ratio and noteworthy dividend yield. The fund has outperformed multiple leading competitor funds over the past year. XLB's top holdings, such as Linde, Air Products and Chemicals, and Ecolab, are well-positioned to benefit from the growth in green hydrogen, copper demand, and clean water production.
This article reports on industry metrics in the materials sector. The mining and metals subsector has both value and quality scores slightly above the historical baseline. The construction materials industry has an excellent quality score. Fast Facts on XLB, one of the most concentrated sector ETFs.