XLB ETF Profile
XLB is an equity ETF from SPDR. Its largest disclosed positions include LIN, NEM, and FCX, and the top three holdings account for 27.99% of portfolio weight shown here. On ETF Overlap Checker, it currently connects to 61 comparison pages.
Issuer
SPDR
Asset Class
Equity
Holdings
26
Compare Pages
61
About XLB
The State Street Materials Select Sector SPDR ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Materials Select Sector Index (the "Index").The Index seeks to provide an effective representation of the materials sector of the S&P 500 Index.Seeks to provide precise exposure to companies in the chemical; metals and mining; paper and forest products; containers and packaging; and construction material industries.Allows investors to take strategic or tactical positions at a more targeted level than traditional style based investing.
- XLB has a more focused holdings footprint, with 26 positions in the latest imported dataset.
- The largest disclosed position is LIN at 14.09% of the portfolio.
- The top three disclosed holdings make up 27.99% of the portfolio, and the top ten add up to 59.23%.
- Sector labels are limited in the visible top holdings, so the biggest positions matter more than sector buckets here.
- XLB currently appears in 61 active ETF comparison pages on this site.
Data And Coverage
- Expense ratio
- 0.08%
- AUM
- $7B
- Inception date
- Dec 16, 1998
- Holdings updated
- Mar 12, 2026
- Data source
- Financial Modeling Prep
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Compare XLB with another ETF
What Stands Out About XLB
Portfolio Shape
The disclosed top holdings suggest a more concentrated portfolio than a plain broad-market fund. LIN, NEM, and FCX account for much of the visible weight, with the top three at 27.99% and the top ten at 59.23%. Sector labels are limited in the visible top holdings, so the concentration read is driven mainly by the largest names themselves.
What Kind Of Overlap To Expect
XLB should show moderate to meaningful overlap with ETFs built for similar core equity exposure, but more separation from narrow sector or international funds. The biggest shared drivers usually come from the same large holdings that dominate the top of the portfolio.
When Investors Compare It
On this site, investors often compare XLB with VOO, VTI, and QQQ. Those matchups usually answer a simple question: does adding this fund create a different sleeve, or does it mostly duplicate exposure you already own? XLB currently connects to 61 live comparison pages.
Holdings Concentration Snapshot
Concentration
- Largest disclosed holding
- 14.09%
- Top 3 holdings
- 27.99%
- Top 10 holdings
- 59.23%
- Total holdings
- 26
These numbers help show whether XLB behaves more like a broad portfolio building block or a fund where the biggest positions dominate the ride.
Visible Sector Mix
Sector labels are limited in the visible top holdings for XLB, so the strongest signal here is still the size of the largest positions themselves.
Top Holdings
These holdings help explain how XLB overlaps with other funds. The top ten disclosed positions represent 59.23% of the portfolio shown here.
| Holding | Name | Sector | Weight |
|---|---|---|---|
| LIN | LINDE PLC | N/A | 14.09% |
| NEM | NEWMONT CORP | N/A | 8.22% |
| FCX | FREEPORT MCMORAN INC | N/A | 5.68% |
| SHW | SHERWIN WILLIAMS CO/THE | N/A | 4.83% |
| CTVA | CORTEVA INC | N/A | 4.68% |
| APD | AIR PRODUCTS + CHEMICALS INC | N/A | 4.64% |
| ECL | ECOLAB INC | N/A | 4.54% |
| CRH | CRH PLC | N/A | 4.51% |
| NUE | NUCOR CORP | N/A | 4.14% |
| MLM | MARTIN MARIETTA MATERIALS | N/A | 3.89% |
Related Overlap Comparisons
Use these pages to see whether adding XLB changes your exposure or mostly duplicates positions you already own.