XLB - Materials Select Sector SPDR ETF

NYSEArca - Nasdaq Real Time Price. Currency in USD
52.13
-0.55 (-1.04%)
At close: 4:00PM EDT

52.16 0.00 (0.00%)
After hours: 4:15PM EDT

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Previous Close52.68
Open51.83
Bid52.01 x 1200
Ask52.33 x 1800
Day's Range51.04 - 52.43
52 Week Range51.04 - 64.17
Volume19,943,409
Avg. Volume6,192,947
Net Assets4.81B
NAV57.92
PE Ratio (TTM)N/A
Yield1.87%
YTD Return-3.01%
Beta (3Y Monthly)1.25
Expense Ratio (net)0.14%
Inception Date1998-12-16
Trade prices are not sourced from all markets
  • MarketWatch3 hours ago

    Materials sector briefly dips into bear-market territory as Trump bump fades

    The materials sector briefly slipped into bear-market territory earlier Tuesday, before paring some losses, but was still on track for the lowest close in 17 months. The SPDR Material Select Sector ETF was down as much as 3.1% at an intraday low of $51.03, which was 20.4% below the Jan. 26 record close of $64.09. Declines of 20% or more from a bull-market peak are viewed by many on Wall Street as defining a bear market. The sector tracker (XLB) bounced slightly since, and was down 1.2% at $52.05 in afternoon trade, which was 18.8% below its record, and on track for the lowest close since May 18, 2017. The materials sector was seen as one of the most promising in a Trump presidency, as it includes companies that would benefit from infrastructure spending, including building a border wall, and from measures to boost the mining industries. But after running up 21.8% in 2017, to outpace the S&P 500's 19.4% rise, the XLB has tumbled 14.0% so far this year, compared with a 2.1% rise in the S&P 500.

  • Praxair-Linde Merger Gets Approval from Federal Trade Commission
    Market Realist3 hours ago

    Praxair-Linde Merger Gets Approval from Federal Trade Commission

    On October 22, the FTC (Federal Trade Commission) provided conditional approval of the merger of Praxair (PX) and Linde AG. It said the two companies can’t combine their commercial operations until certain US-based assets are divested. Linde is expected to complete the divestiture by January 29, 2019.

  • Potash Prices Continued to Rise Last Week
    Market Realist6 hours ago

    Potash Prices Continued to Rise Last Week

    Potash prices continued to increase in the week ending October 19 at all four of the locations discussed below. Potash prices are strong, which benefits companies (XLB) like Nutrien (NTR), Mosiac (MOS), and Intrepid Potash (IPI).

  • PPG’s Q3 2018 Adjusted EPS Meets Expectations, Stock Rises
    Market Realistyesterday

    PPG’s Q3 2018 Adjusted EPS Meets Expectations, Stock Rises

    PPG Industries (PPG) announced its Q3 2018 earnings before the market opened on October 18. It reported adjusted EPS of $1.45, a decline of 4.6% over Q3 2017. Despite the increase in raw material prices, PPG managed to meet analysts’ estimate of $1.45.

  • Freeport’s Q3 2018 Earnings: What’s the Word on Wall Street?
    Market Realist4 days ago

    Freeport’s Q3 2018 Earnings: What’s the Word on Wall Street?

    Freeport-McMoRan (FCX) is scheduled to release its third-quarter earnings results on October 24. Analysts polled by Thomson Reuters expect Freeport to post revenue of $4.5 billion in the third quarter. Freeport posted an adjusted EBITDA of $1.6 billion in the third quarter of 2017.

  • ETF Scorecard: October 19 Edition
    ETF Database4 days ago

    ETF Scorecard: October 19 Edition

    To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.

  • ETF Trends5 days ago

    U.S. Stock ETFs Should Shrug Off Volatility

    While investors may be questioning their equity exposure after the recent bout of volatility, U.S. stock ETFs may still find support from strong fundamentals. Sam Stovall, Chief Investment Strategist of U.S. Equity Strategy at CFRA, pointed out in a recent research note that since October, the S&P 500 has witnessed a 40% surge in average intra-day volatility, compared to the first nine months of the year.

  • PPG Industries Meets Third-Quarter Expectations
    Market Realist5 days ago

    PPG Industries Meets Third-Quarter Expectations

    PPG Industries (PPG) announced its third-quarter earnings today before the market opened. PPG Industries reported adjusted EPS of $1.45, a decline of 4.6% on a year-over-year basis. However, PPG Industries managed to meet Wall Street expectations of $1.45 per share. Higher revenue growth and share repurchases helped PPG to meet Wall Street expectations.

  • Investopedia7 days ago

    Active Traders Are Watching for a Bounce in Commodities

    The break below key levels of support earlier this year on the charts from across key segments of commodities such as forestry products and basic materials has dominated the attention of active traders, but as of late, it appears as though the story is now changing. Looking back on the chart of the iShares Global Timber & Forestry ETF, it may seem as though it was obvious that the break below the long-term trendline was pointing to a move lower.

  • PPG Industries: Flat Revenue Growth in the Third Quarter?
    Market Realist7 days ago

    PPG Industries: Flat Revenue Growth in the Third Quarter?

    Wall Street analysts expect PPG Industries (PPG) to post revenues of $3.82 billion in its third-quarter earnings release. The estimates represent an increase of ~1.1% compared to the third quarter of 2017 when the company reported revenues of $3.78 billion. Sherwin-Williams (SHW) and Axalta Coating Systems (AXTA) are projected to increase 7.1% and 5.0%, respectively. RPM International (RPM) reported revenue growth of 7.8% in the third quarter.

  • Urea Prices Hit New Highs Last Week
    Market Realist8 days ago

    Urea Prices Hit New Highs Last Week

    Nitrogen fertilizer companies (XLB) CF Industries (CF), Nutrien (NTR), and CVR Partners (UAN) fell last week due to the broader market sell-off. But their fundamentals remained strong. Urea prices, for example, continued to make new highs last week, which is a continuation of the ascending trend we’ve seen since April.

  • Investopedia8 days ago

    3 Oversold Sectors Due to Bounce

    A level of 9.75% means that the outsized selling is likely overdone, which should trigger a reversal. This morning, I went through our data to see what the forward returns were for the Technology Select Sector SPDR ETF ( XLK) in each instance in which the ratio spikes through 8% (big selling).

  • Fertilizer Affordability Index Remained Elevated Last Week
    Market Realist13 days ago

    Fertilizer Affordability Index Remained Elevated Last Week

    The fertilizer affordability index remained elevated last week relative to levels observed since January 2016, which essentially means that fertilizer affordability compared to levels in the last two years was lower last week. Last week, the fertilizer affordability index level was slightly up week-over-week to 0.85 from 0.84 a week ago. The affordability index is essentially calculated using the plant nutrient price index for the numerator and the crop price index in the denominator.

  • What Happened in the Stock Market Today
    Motley Fool14 days ago

    What Happened in the Stock Market Today

    PPG Industries issued a warning that put a chill on materials stocks, and Aurora Cannabis applied for a listing on the NYSE.

  • ETF Trends14 days ago

    Materials ETFs Slip as PPG Industries Sounds Warning Bell

    Materials stocks and sector-related ETFs were among the worst performers Tuesday after paint and coatings supplier PPG Industries (PPG) warned it will likely report weak third- and fourth-quarter results due to higher material costs and diminished demand from China. On Tuesday, the Materials Select Sector SPDR (XLB) fell 3.4%, iShares U.S. Basic Materials ETF (IYM) dropped 3.3%,  Vanguard Materials ETF (VAW) declined 3.3% and Fidelity MSCI Materials Index ETF (FMAT) decreased 3.3%. The materials sector was dragged down by PPG Industries after the specialty materials supplier warned it expects to report weak third- and fourth-quarter results.

  • DAP Prices Were Mixed Last Week
    Market Realist14 days ago

    DAP Prices Were Mixed Last Week

    DAP (diammonium phosphate) prices last week were broadly muted at most locations, which was a continuation of the trend from the week ending September 28 when the weekly prices at most of the below-discussed locations were mixed.

  • Urea Prices Continued Their Ascent Last Week
    Market Realist15 days ago

    Urea Prices Continued Their Ascent Last Week

    Urea prices continued to strengthen last week, which added to the optimism surrounding nitrogen companies (XLB) such as CF Industries (CF), CVR Partners (UAN), and Nutrien (NTR). Let’s look at the weekly gains in urea prices for the two locations discussed below.

  • Mosaic: Analysts’ Recommendations in October
    Market Realist20 days ago

    Mosaic: Analysts’ Recommendations in October

    Mosaic (MOS) has large exposure to phosphate fertilizers, which use ammonia as an input material. Ammonia requires natural gas, which has been relatively cheaper in the United States (XLB)—compared to other locations like Europe. Phosphate prices have also strengthened, which benefited Mosaic and companies like Nutrien (NTR) and Israel Chemicals (ICL).

  • Urea Prices: New Highs in the Week Ending September 28
    Market Realist22 days ago

    Urea Prices: New Highs in the Week Ending September 28

    In the week ending September 28, the urea prices in NOLA (New Orleans) and Brazil made new highs again. The rising trend started in May. Stronger urea prices favor producers (XLB) like CF Industries (CF), CVR Partners (UAN), and Nutrien (NTR).

  • ETF Trends22 days ago

    Communication Services ETF Inches Toward $2 Billion

    Following the official debut of the communication services, the Communication Services Select Sector SPDR Fund (NYSEArca: XLC) is hauling in new assets at a rapid pace. XLC, which is just three months, is positioned to soon eclipse $2 billion in assets under management. As of Sept. 27, the ETF had $1.87 billion in assets under management, easily making it one of the most successful ETFs to launch this year.

  • Should You Invest in the Fidelity MSCI Materials Index ETF (FMAT)?
    Zacks22 days ago

    Should You Invest in the Fidelity MSCI Materials Index ETF (FMAT)?

    Sector ETF report for FMAT

  • Benzinga22 days ago

    Best Sector ETFs For October: 3 Stocks Really Matter

    October is here and despite the month's reputation for ominous market events, the tenth month of the year is often kind to U.S. stocks. Over the past 20 years, the S&P 500 averaged October gains of 2.2 ...

  • Can IFF Service Its Debt Comfortably?
    Market Realist25 days ago

    Can IFF Service Its Debt Comfortably?

    International Flavors and Fragrances’ (IFF) interest expense has gradually increased over five years. In 2013, the company’s interest expense stood at $46.76 million. The interest expense increased to $65.36 million due to increased debt. At the end of the second quarter, International Flavors and Fragrances’ interest expense already crossed $69.8 million, which includes bridge loan fees and mark-to-market adjustments.

  • Dow plunges as the market rout continues
    Yahoo Finance Video12 days ago

    Dow plunges as the market rout continues

    Yahoo Finance's Seana Smith and Jared Blikre on the biggest headlines moving the markets in afternoon trading.

  • A material earnings warning?
    CNBC Videos14 days ago

    A material earnings warning?

    The materials meltdown. Are materials a warning to the world? With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Tim Seymour, Dan Nathan and Guy Adami.