XLB vs. IBAT ETF Comparison
Comparison of Materials Select Sector SPDR (XLB) to iShares Energy Storage & Materials ETF (IBAT)
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
$94.09
Average Daily Volume
4,069,795
28
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
$23.62
Average Daily Volume
348
14
Performance
Period | XLB | IBAT |
---|---|---|
30 Days | -1.71% | -0.69% |
60 Days | -0.40% | -5.25% |
90 Days | 1.92% | -2.92% |
12 Months | 18.82% |
XLB Overweight 25 Positions Relative to IBAT
Symbol | Grade | Weight | |
---|---|---|---|
SHW | A | 6.99% | |
FCX | D | 5.02% | |
ECL | D | 5.0% | |
CTVA | C | 4.53% | |
VMC | B | 4.23% | |
MLM | B | 4.08% | |
NUE | C | 4.02% | |
DD | D | 3.93% | |
NEM | D | 3.9% | |
PPG | F | 3.31% | |
SW | A | 3.03% | |
IFF | D | 2.54% | |
LYB | F | 2.49% | |
PKG | A | 2.44% | |
STLD | B | 2.32% | |
IP | B | 2.3% | |
BALL | D | 2.12% | |
AVY | D | 1.83% | |
CF | B | 1.81% | |
AMCR | D | 1.69% | |
EMN | D | 1.4% | |
ALB | C | 1.4% | |
MOS | F | 0.94% | |
CE | F | 0.92% | |
FMC | D | 0.79% |
XLB: Top Represented Industries & Keywords
IBAT: Top Represented Industries & Keywords