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XLB vs FMAT

State Street Materials Select Sector SPDR ETF vs Fidelity MSCI Materials Index ETF

XLB

State Street Materials Select Sector SPDR ETF

State Street Investment Management

Annual cost

0.08%

Fund size

$7.3B

FMAT

Fidelity MSCI Materials Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$603M

Key differences

  • XLB is significantly larger than FMAT — larger funds tend to be more liquid and less likely to close.
  • XLB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

XLBFMAT
Annual cost (TER)0.08%0.08%
Fund size (AUM)$7.3B$603M
Since19982013
Dividend yield1.70%1.43%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+19.3%+22.0%
CAGR 3Y+11.0%+11.7%
CAGR 5Y+4.6%+4.9%
Sharpe 3Y0.490.52
Volatility 1Y16.83%17.69%
Max drawdown-37.27%-41.11%

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

Similar to XLB and FMAT