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

$87.90

Average Daily Volume

3,820,556

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$23.99

Average Daily Volume

565

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XLB	IBAT
30 Days	-2.52%	-2.95%
60 Days	-1.94%	-3.19%
90 Days	-4.80%	-2.64%
12 Months	11.36%

3 Overlapping Holdings

Symbol	Grade	Weight in XLB	Weight in IBAT	Overlap
APD	D	5.91%	5.61%	5.61%
DOW	D	3.76%	1.66%	1.66%
LIN	C	21.37%	2.8%	2.8%

XLB Overweight 25 Positions Relative to IBAT

Symbol	Grade	Weight
FCX	C	7.01%
SHW	D	7.0%
ECL	B	6.15%
NEM	A	4.87%
CTVA	D	3.78%
NUE	F	3.75%
DD	C	3.38%
MLM	D	3.35%
VMC	D	3.31%
PPG	D	2.97%
LYB	D	2.49%
IFF	B	2.47%
BALL	D	1.91%
STLD	D	1.87%
AVY	D	1.82%
PKG	C	1.65%
IP	C	1.52%
AMCR	D	1.43%
CE	F	1.38%
CF	F	1.38%
WRK	C	1.3%
EMN	D	1.15%
ALB	F	1.14%
MOS	F	0.96%
FMC	F	0.72%

XLB Underweight 13 Positions Relative to IBAT

Symbol	Grade	Weight
ENPH	F	-3.66%
ETN	C	-3.06%
ABBV	C	-3.04%
ENS	C	-2.46%
BE	D	-1.33%
PLUG	F	-0.94%
QS	F	-0.8%
SEDG	F	-0.69%
FLNC	F	-0.63%
STEM	F	-0.23%
FCEL	F	-0.2%
CHPT	D	-0.19%
BLDP	D	-0.17%

XLB: Top Represented Industries & Keywords

Industries: Specialty Chemicals Chemicals Packaging & Containers Agricultural Inputs Building Materials Steel Business Equipment Copper Gold