Why State Street Materials Select Sector SPDR ETF moves
Materials Select Sector SPDR ETF fell without a company-news explanation.
Written after the close on ·
Why today
16,413 news analyzed todayMaterials Select Sector SPDR ETF fell without a company-news explanation.
Over the same session the S&P 500 also fell very sharply, so XLB moved less than the market.
A fund like XLB tracks materials companies, so it usually moves with the wider market, interest rates and oil prices.
Over the last five trading days XLB was roughly unchanged, while the S&P 500 fell very sharply.
The last session's move was about four times a normal daily swing, and trading volume was well above its usual level.
Today's move of −2.91% was 4.3 times a normal day's 0.7%. S&P 500 moved −4.41% on the same day.
State Street Materials Select Sector SPDR ETF −2.91%S&P 500 −4.41%Much stronger than the market
What the key figures say about State Street Materials Select Sector SPDR ETF
The figures connect what State Street Materials Select Sector SPDR ETF earns with what investors pay.
The line shows the share price in the same year, on its own scale.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $0.50–$0.88.
The dividend explained
A dividend is money paid to shareholders. State Street Materials Select Sector SPDR ETF paid $0.86 per share in the twelve months through November 5, 2026.
On the ex-dividend day, September 21, 2026, State Street Materials Select Sector SPDR ETF traded without the right to the $0.23 dividend. The price went from $49.99 to $49.71; including the dividend, the day's change was −0.1%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: $0.502018: $0.562019: $0.612020: $0.622021: $0.742022: $0.882023: $0.852024: $0.812025: $0.872026 so far: $0.63
$10,000 in State Street Materials Select Sector SPDR ETF bought on November 7, 2016 is worth $27,100 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,300.
What would $10,000 in State Street Materials Select Sector SPDR ETF be worth today? →
What would $10,000 in State Street Materials Select Sector SPDR ETF be worth today?
$27,100
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,300.
At worst it was worth $8,750 (March 23, 2020).
The five biggest days of the journey
· +11.8% · the whole market rose 9.4% the same day
· −11.0% · the whole market fell 12.0% the same day
· −9.6% · the whole market fell 9.5% the same day
· −9.4% · the whole market fell 7.6% the same day
· +8.7% · the whole market rose 9.5% the same day
Earlier days
+2.49% market +1.65% State Street Materials Select Sector SPDR ETF rose. Read →
State Street Materials Select Sector SPDR ETF rose.
The S&P 500 rose over the same day, so XLB moved more than the broad market.
The move was about four times a normal daily swing, and trading volume ran well above its usual level.
Most likely the rise reflects a broad rotation into materials stocks, though the news does not name a specific driver.
Over the last five trading days XLB rose sharply while the S&P 500 fell slightly, a big move for this fund.
+1.76% market −0.48% State Street Materials Select Sector SPDR ETF rose. Read →
State Street Materials Select Sector SPDR ETF rose.
Trading volume was well above its usual level, about twice a normal session.
Over the last five trading days the fund rose sharply, while the S&P 500 fell clearly, which is a big move for this fund.
The likeliest drivers are the sector's own flows and the wider market, with falling oil prices on hopes of Middle East peace possibly easing costs for materials firms.