State Street Materials Select Sector SPDR ETF (XLB) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Boston, United States.
XLB has IPO date of 1998-12-22, listed on the NYSE, a market capitalization of $7.19B.
The State Street Materials Select Sector SPDR ETF (XLB) is designed to track the performance of the materials sector index through a replication strategy, investing at least 95% of its assets directly in the securities that comprise the index. The fund provides exposure to companies operating across key materials industries including chemicals, metals and mining, paper and forest products, containers and packaging, and construction materials. As a non-diversified fund, it concentrates its holdings within the materials sector rather than spreading investments across multiple sectors.
