Symbols

XLB

State Street Materials Select Sector SPDR ETF·ARCA

--(--)

Key Stats

Assets Under Management

6.35BUSD

Fund Flow (1Y)

462.31MUSD

Dividend Yield

1.77%

Discount / Premium to NAV

0.01%

Shares Outstanding

131.10M

Expense Ratio

0.08%

About State Street Materials Select Sector SPDR ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-materials-select-sector-spdr-etf-xlb

Inception Date

Dec 16, 1998

Structure

Open-Ended Fund

Index Tracked

S&P Materials Select Sector Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

SSgA Funds Management, Inc.

Distributor

ALPS Distributors, Inc.

XLB invests in basic materials companies from the S&P 500, these would include companies in the chemicals, metals and mining, paper and forest products, containers and packaging, and construction materials industry. Its limited selection universe means it is heavily concentrated, and individual holdings must be taken into consideration before investing in this fund. Not surprisingly, XLB favors large-caps. Components of the index are all picked by the index committee, and weighed by free-float market capitalization, subject to a cap to ensure diversification requirements. Index rebalancing occurs quarterly.