27-Feb-2026
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Large-cap materials margin leaders as PPI comes in hot
Seeking Alpha News (Fri, 27-Feb 12:12 PM ET)
State Street Materials Select Sector SPDR ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in the Materials Select Sector Index. Under normal market conditions, the Fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the Index. The Fund will provide shareholders with at least 60 days' notice prior to any material change in this 95% investment policy. The Index includes companies that have been identified as Materials companies by the Global Industry Classification Standard (GICS), including securities of companies from the following industries chemicals metals and mining paper and forest products containers and packaging and construction materials. The Index is one of eleven Select Sector Indexes developed and maintained in accordance with the following criteria (1) each of the component securities in the Index is a constituent of the S&P 500 Index and (2) the Index is calculated by S&P Dow Jones Indices LLC ("S&P DJI") based on a proprietary "modified market capitalization" methodology.
State Street Materials Select Sector SPDR ETF trades on the ARCA stock market under the symbol XLB.
As of February 27, 2026, XLB stock price climbed to $53.41 with 11,780,995 million shares trading.
XLB has a beta of 0.74, meaning it tends to be less sensitive to market movements. XLB has a correlation of 0.49 to the broad based SPY ETF.
XLB has a market cap of $7.43 billion. This is considered a Mid Cap stock.
In the last 3 years, XLB traded as high as $54.14 and as low as $36.56.
XLB has outperformed the market in the last year with a return of +23.3%, while the SPY ETF gained +18.5%. In the last 3 month period, XLB beat the market returning +20.7%, while SPY returned +1.2%. However, in the most recent 2 weeks XLB has underperformed the stock market by returning +0.2%, while SPY returned +0.6%.
XLB support price is $52.30 and resistance is $53.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XLB shares will trade within this expected range on the day.