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SMN vs XLB

ProShares UltraShort Materials vs State Street Materials Select Sector SPDR ETF

SMN

ProShares UltraShort Materials

ProShares

Annual cost

0.95%

Fund size

$3M

XLB

State Street Materials Select Sector SPDR ETF

State Street Investment Management

Annual cost

0.08%

Fund size

$7.3B

Key differences

  • XLB costs 0.87% less per year.
  • XLB is significantly larger than SMN — larger funds tend to be more liquid and less likely to close.
  • SMN follows a inverse strategy; XLB uses index tracking.
  • Over the last 3 years, XLB has delivered higher annualized returns.
  • XLB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SMNXLB
Annual cost (TER)0.95%0.08%
Fund size (AUM)$3M$7.3B
Since20071998
Dividend yield4.58%1.70%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseindex tracking
CAGR 1Y-31.2%+21.8%
CAGR 3Y-16.8%+11.4%
CAGR 5Y-14.9%+5.5%
Sharpe 3Y-0.460.51
Volatility 1Y34.14%16.88%
Max drawdown-95.39%-37.27%

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

Similar to SMN and XLB