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SLX vs XLB

VanEck Steel ETF vs State Street Materials Select Sector SPDR ETF

SLX

VanEck Steel ETF

VanEck

Annual cost

0.55%

Fund size

$159M

XLB

State Street Materials Select Sector SPDR ETF

State Street Investment Management

Annual cost

0.08%

Fund size

$7.3B

Key differences

  • XLB costs 0.47% less per year.
  • XLB is significantly larger than SLX — larger funds tend to be more liquid and less likely to close.
  • SLX covers global markets; XLB covers north america.
  • Over the last 3 years, SLX has delivered higher annualized returns.
  • XLB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SLXXLB
Annual cost (TER)0.55%0.08%
Fund size (AUM)$159M$7.3B
Since20061998
Dividend yield1.27%1.70%
Asset classequityequity
Regionglobalnorth america
Strategyindex trackingindex tracking
CAGR 1Y+80.3%+21.8%
CAGR 3Y+26.6%+11.4%
CAGR 5Y+16.6%+5.5%
Sharpe 3Y0.950.51
Volatility 1Y24.19%16.88%
Max drawdown-61.90%-37.27%

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

Similar to SLX and XLB