IBAT vs. XLB ETF Comparison

Comparison of iShares Energy Storage & Materials ETF (IBAT) to Materials Select Sector SPDR (XLB)
IBAT

iShares Energy Storage & Materials ETF

IBAT Description

The index measures the performance of equity securities of companies involved in energy storage solutions aiming to support the transition to a low carbon economy, including hydrogen, fuel cells, and batteries as determined by STOXX Ltd. The fund generally will invest at least 90% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.73

Average Daily Volume

415

Number of Holdings *

15

* may have additional holdings in another (foreign) market
XLB

Materials Select Sector SPDR

XLB Description The investment 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. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: chemicals; metals & mining; paper & forest products; containers & packaging; and construction materials. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.13

Average Daily Volume

3,766,994

Number of Holdings *

28

* may have additional holdings in another (foreign) market
Performance
Period IBAT XLB
30 Days -7.62% -2.76%
60 Days -3.25% -0.78%
90 Days 3.19% 3.89%
12 Months 22.46%
3 Overlapping Holdings
Symbol Grade Weight in IBAT Weight in XLB Overlap
APD B 6.96% 5.58% 5.58%
DOW F 1.35% 3.99% 1.35%
LIN C 3.02% 17.78% 3.02%
IBAT Overweight 12 Positions Relative to XLB
Symbol Grade Weight
ENPH F 3.58%
ETN B 3.4%
ENS F 2.51%
QS F 1.42%
BE D 1.18%
PLUG C 1.07%
FLNC B 0.86%
SEDG F 0.55%
CHPT F 0.33%
FCEL F 0.1%
STEM F 0.06%
CNH A 0.0%
IBAT Underweight 25 Positions Relative to XLB
Symbol Grade Weight
SHW D -6.54%
FCX D -5.25%
ECL C -5.06%
CTVA A -4.7%
NEM D -4.41%
DD D -3.92%
MLM A -3.89%
VMC A -3.78%
NUE F -3.74%
PPG F -3.31%
IFF D -2.92%
LYB F -2.57%
SW A -2.53%
PKG A -2.26%
BALL F -2.19%
STLD A -2.09%
IP A -1.89%
AVY D -1.84%
AMCR D -1.79%
CF B -1.68%
CE F -1.58%
EMN C -1.39%
ALB C -1.25%
MOS B -0.95%
FMC B -0.86%
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