Materials Select Sector Etf Profile
| XLB Etf | USD 91.53 1.09 1.21% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Materials Select is trading at 91.53 as of the 2nd of June 2024, a 1.21 percent up since the beginning of the trading day. The etf's open price was 90.44. Materials Select has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Materials Select Sector are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of May 2024 and ending today, the 2nd of June 2024. Click here to learn more.
In seeking to track the performance of the index, the fund employs a replication strategy. SP 500 is traded on NYSEARCA Exchange in the United States. More on Materials Select Sector
Moving together with Materials Etf
| 0.99 | VAW | Vanguard Materials Index | PairCorr |
| 0.65 | PHO | Invesco Water Resources | PairCorr |
| 0.82 | MOO | VanEck Agribusiness ETF | PairCorr |
| 0.94 | FXZ | First Trust Materials | PairCorr |
Materials Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Materials Select's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Materials Select or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Natural Resources, SPDR State Street Global Advisors (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 7.39 |
| Name | Materials Select Sector SPDR Fund |
| Currency Code | USD |
| Open Figi | BBG000BHNNF7 |
| In Threey Volatility | 21.96 |
| 1y Volatility | 19.57 |
| 200 Day M A | 84.3263 |
| 50 Day M A | 90.8796 |
| Code | XLB |
| Updated At | 1st of June 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Materials Select Sector [XLB] is traded in USA and was established 1998-12-16. The fund is classified under Natural Resources category within SPDR State Street Global Advisors family. Materials Select Sector at this time have 4.7 B in net assets. , while the total return for the last 3 years was 3.6%.
Check Materials Select Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Materials Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Materials Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Materials Select Sector Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Materials Select Sector Etf Constituents
| IP | International Paper | Stock | Materials |
| IFF | International Flavors Fragrances | Stock | Materials |
| SHW | Sherwin Williams Co | Stock | Materials |
| PX | P10 Inc | Stock | Financials |
| PPG | PPG Industries | Stock | Materials |
| NEM | Newmont Goldcorp Corp | Stock | Materials |
| APD | Air Products and | Stock | Materials |
Materials Select Top Holders
| CRTOX | Conquer Risk Tactical | Mutual Fund | Tactical Allocation |
| MPRO | Northern Lights | Etf | Moderate Allocation |
| WMKTX | Wesmark Tactical Opportunity | Mutual Fund | Tactical Allocation |
| HTDCX | Hanlon Tactical Dividend | Mutual Fund | Tactical Allocation |
| DWAT | Arrow DWA Tactical | Etf | Tactical Allocation |
| DWTFX | Arrow Dwa Tactical | Mutual Fund | Tactical Allocation |
| HTDIX | Hanlon Tactical Dividend | Mutual Fund | Tactical Allocation |
Materials Select Sector Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Materials Select market risk premium is the additional return an investor will receive from holding Materials Select long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Materials Select. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Materials Select's alpha and beta are two of the key measurements used to evaluate Materials Select's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0735 | |||
| Jensen Alpha | 0.0449 | |||
| Total Risk Alpha | 0.0342 | |||
| Sortino Ratio | 0.0483 |
Materials Select Against Markets
Picking the right benchmark for Materials Select etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Materials Select etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Materials Select is critical whether you are bullish or bearish towards Materials Select Sector at a given time. Please also check how Materials Select's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Materials Select without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fundamental AnalysisView fundamental data based on most recent published financial statements |
| All Next | Launch Module |
How to buy Materials Etf?
Before investing in Materials Select, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Materials Select. To buy Materials Select etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Materials Select. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Materials Select etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Materials Select Sector etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Materials Select Sector etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Materials Select Sector, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Materials Etf please use our How to Invest in Materials Select guide.
Already Invested in Materials Select Sector?
The danger of trading Materials Select Sector is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Materials Select is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Materials Select. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Materials Select Sector is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Materials Select Sector offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Materials Select's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Materials Select Sector Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Materials Select Sector Etf: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Materials Select Sector. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Materials Select Sector is measured differently than its book value, which is the value of Materials that is recorded on the company's balance sheet. Investors also form their own opinion of Materials Select's value that differs from its market value or its book value, called intrinsic value, which is Materials Select's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Materials Select's market value can be influenced by many factors that don't directly affect Materials Select's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Materials Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Materials Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Materials Select's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.