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MXI vs XLB

iShares Global Materials ETF vs State Street Materials Select Sector SPDR ETF

MXI

iShares Global Materials ETF

iShares

Annual cost

0.39%

Fund size

$325M

XLB

State Street Materials Select Sector SPDR ETF

State Street Investment Management

Annual cost

0.08%

Fund size

$7.3B

Key differences

  • XLB costs 0.31% less per year.
  • XLB is significantly larger than MXI — larger funds tend to be more liquid and less likely to close.
  • MXI covers global markets; XLB covers north america.
  • Over the last 3 years, MXI has delivered higher annualized returns.
  • XLB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MXIXLB
Annual cost (TER)0.39%0.08%
Fund size (AUM)$325M$7.3B
Since20061998
Dividend yield1.78%1.70%
Asset classequityequity
Regionglobalnorth america
Strategyindex trackingindex tracking
CAGR 1Y+31.6%+19.3%
CAGR 3Y+13.3%+11.0%
CAGR 5Y+5.8%+4.6%
Sharpe 3Y0.580.49
Volatility 1Y19.38%16.83%
Max drawdown-39.52%-37.27%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to MXI and XLB