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XLB ETF Profile

XLB is an equity ETF from SPDR. Its largest disclosed positions include IE000S9YS762, NEM, and FCX, and the top three holdings account for 27.04% of portfolio weight shown here. On ETF Overlap Checker, it currently connects to 64 comparison pages.

Issuer

SPDR

Asset Class

Equity

Holdings

27

Compare Pages

64

About XLB

The State Street Materials Select Sector SPDR ETF (XLB) aims to replicate the investment outcomes, including both price appreciation and yield, of the Materials Select Sector Index, prior to accounting for expenses. This underlying index effectively represents the materials segment of the broader S&P 500 Index. The ETF offers focused exposure to companies across key materials industries, including chemicals, metals and mining, paper and forest products, containers and packaging, and construction materials. This precise targeting enables investors to establish either strategic long-term or tactical short-term positions, providing a more granular approach compared to conventional style-based investment strategies.

  • XLB has a more focused holdings footprint, with 27 positions in the latest imported dataset.
  • The largest disclosed position is IE000S9YS762 at 14.42% of the portfolio.
  • The top three disclosed holdings make up 27.04% of the portfolio, and the top ten add up to 58.87%.
  • Sector labels are limited in the visible top holdings, so the biggest positions matter more than sector buckets here.
  • XLB currently appears in 64 active ETF comparison pages on this site.

Data And Coverage

Expense ratio
0.08%
AUM
$9B
Inception date
Dec 16, 1998
Holdings updated
Aug 13, 2026
Data source
Financial Modeling Prep

Review the methodology for the overlap formula and visit the ETF directory for the full set of indexed fund hubs.

Compare XLB with another ETF

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What Stands Out About XLB

01

Portfolio Shape

The disclosed top holdings suggest a more concentrated portfolio than a plain broad-market fund. IE000S9YS762, NEM, and FCX account for much of the visible weight, with the top three at 27.04% and the top ten at 58.87%. Sector labels are limited in the visible top holdings, so the concentration read is driven mainly by the largest names themselves.

02

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.

03

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 64 live comparison pages.

Holdings Concentration Snapshot

Concentration

Largest disclosed holding
14.42%
Top 3 holdings
27.04%
Top 10 holdings
58.87%
Total holdings
27

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 58.87% of the portfolio shown here.

Methodology
HoldingNameSectorWeight
IE000S9YS762Linde PLCN/A14.42%
NEMNewmont CorpN/A7.36%
FCXFreeport-McMoRan IncN/A5.26%
CTVACorteva IncN/A4.75%
APDAir Products and Chemicals IncN/A4.67%
SHWSherwin-Williams Co/TheN/A4.60%
IE0001827041CRH PLCN/A4.51%
VMCVulcan Materials CoN/A4.51%
MLMMartin Marietta Materials IncN/A4.40%
NUENucor CorpN/A4.39%

Related Overlap Comparisons

Use these pages to see whether adding XLB changes your exposure or mostly duplicates positions you already own.

VOO vs XLB->VTI vs XLB->QQQ vs XLB->VGT vs XLB->SCHD vs XLB->VYM vs XLB->VXUS vs XLB->SPY vs XLB->AGG vs XLB->BND vs XLB->DGRO vs XLB->DIA vs XLB->

Frequently Asked Questions About XLB

What kind of ETF is XLB?+
XLB is an equity ETF.
What are the biggest holdings in XLB?+
XLB's largest disclosed positions currently include IE000S9YS762, NEM, and FCX. The single biggest visible holding is IE000S9YS762 at 14.42% of the portfolio.
Is XLB concentrated?+
Based on the visible top holdings, XLB's top three positions account for 27.04% of the portfolio and the top ten account for 58.87%. That gives a practical read on whether the fund looks broad or more top-heavy.
What kind of overlap should you expect from XLB?+
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.
How can you compare XLB with other ETFs?+
Use the comparison pages linked from this profile to see overlap score, shared holdings, and diversification differences. Popular comparisons for XLB on this site include VOO, VTI, and QQQ, and the fund currently appears in 64 active comparison pages.