XLB Stock Recent News

Materials stocks rallied today, ending the week and month on a positive note. The rally pushed the Materials Sector ETF (XLB) up +1.2% for the day.

Looking for broad exposure to the Materials - Broad segment of the equity market? You should consider the Materials Select Sector SPDR ETF (XLB), a passively managed exchange traded fund launched on 12/16/1998.

Materials Select Sector SPDR Fund has multiple buy signals, including increasing demands for green hydrogen, copper, and clean drinking water. XLB has a competitive expense ratio and noteworthy dividend yield. The fund has outperformed multiple leading competitor funds over the past year. XLB's top holdings, such as Linde, Air Products and Chemicals, and Ecolab, are well-positioned to benefit from the growth in green hydrogen, copper demand, and clean water production.

This article reports on industry metrics in the materials sector. The mining and metals subsector has both value and quality scores slightly above the historical baseline. The construction materials industry has an excellent quality score. Fast Facts on XLB, one of the most concentrated sector ETFs.

Going into the Q1 earnings season, earnings releases from the sector giants will determine the movement of these funds.

If you're interested in broad exposure to the Materials - Broad segment of the equity market, look no further than the Materials Select Sector SPDR ETF (XLB), a passively managed exchange traded fund launched on 12/16/1998.

S&P 500 Materials Sector SPDR  XLB is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 22.08% from its 52-week low price of $74.33/share.

The Materials Select Sector SPDR Fund ETF has been the top-performing S&P 500 sector in the past month. The ETF has been boosted by strong economic growth and a weakening US Dollar Index, as well as sector rotation into resource-based companies. The breakout in XLB's chart suggests a potential upside target of $98, and I highlight key support to monitor on the chart ahead of a bullish seasonal stretch.

IYM: Materials Dashboard For February

Cyclical companies could get a boost if the consumer price index for February, to be released next month, is lower than expected.