Materials Select Sector SPDR Fund (XLB) Holdings
XLB holdings summary
as of Oct 25, 2026- Holdings
- 24 positions listed
- Top 10 weight
- 59.8% of net assets
- Effective holdings
- 19 equal-weight equivalent
- Largest holding
- LIN 12.96% Linde plc
- Annual turnover
- 3.0% of the portfolio traded
All XLB holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | LIN | Linde plc | Basic Materials | 12.96% | $1.03B | $229.77B | 32.2 |
| 2 | NEM | Newmont Corporation | Basic Materials | 6.75% | $538.7M | $124.97B | 15.0 |
| 3 | FCX | Freeport-McMoRan Inc. | Basic Materials | 5.32% | $424.5M | $99.86B | 34.3 |
| 4 | VMC | Vulcan Materials Company | Basic Materials | 5.24% | $418.3M | $33.38B | 30.4 |
| 5 | ECL | Ecolab Inc. | Basic Materials | 5.21% | $415.6M | $80.98B | 38.8 |
| 6 | SHW | The Sherwin-Williams Company | Basic Materials | 5.16% | $411.9M | $81.37B | 30.9 |
| 7 | APD | Air Products and Chemicals, Inc. | Basic Materials | 5.02% | $400.8M | $66.71B | — |
| 8 | STLD | Steel Dynamics, Inc. | Basic Materials | 4.86% | $388.3M | $34.48B | 21.8 |
| 9 | NUE | Nucor Corporation | Basic Materials | 4.70% | $375.5M | $58.15B | 20.4 |
| 10 | CRH | CRH PLC | Basic Materials | 4.56% | $364.3M | — | — |
| 11 | MLM | Martin Marietta Materials, Inc. | Basic Materials | 4.53% | $362.0M | $35.57B | 32.6 |
| 12 | IFF | International Flavors & Fragrances Inc. | Basic Materials | 3.79% | $302.9M | $23.15B | 89.8 |
| 13 | PPG | PPG Industries, Inc. | Basic Materials | 3.76% | $300.5M | $23.87B | 15.4 |
| 14 | AMCR | Amcor plc | Consumer Cyclical | 3.41% | $272.2M | $20.26B | 18.4 |
| 15 | PKG | Packaging Corporation of America | Consumer Cyclical | 3.40% | $271.6M | $21.03B | 30.7 |
| 16 | DOW | Dow Inc. | Basic Materials | 3.39% | $270.9M | $21.62B | — |
| 17 | SW | Smurfit WestRock plc | Consumer Cyclical | 3.32% | $265.2M | $21.59B | 43.3 |
| 18 | IP | International Paper Company | Consumer Cyclical | 2.80% | $223.4M | $18.03B | — |
| 19 | CF | CF Industries Holdings, Inc. | Basic Materials | 2.78% | $221.8M | $18.29B | 9.0 |
| 20 | BALL | Ball Corporation | Consumer Cyclical | 2.65% | $211.6M | $16.73B | 18.0 |
| 21 | LYB | LyondellBasell Industries N.V. | Basic Materials | 2.54% | $202.5M | $20.68B | — |
| 22 | AVY | Avery Dennison Corporation | Consumer Cyclical | 2.17% | $172.8M | $13.29B | 19.2 |
| 23 | ALB | Albemarle Corporation | Basic Materials | 1.75% | $139.4M | $11.27B | 353.6 |
| 24 | MOS | The Mosaic Company | Basic Materials | 0.88% | $70.0M | $5.98B | — |
Weights as a percentage of net assets. Value held = weight × net assets ($7.98B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
XLB sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Basic Materials | 83.2% | 18 | LIN, NEM, FCX |
| Consumer Cyclical | 17.7% | 6 | AMCR, PKG, SW |
Sum of the weights of the holdings in each sector.
XLB top industries
XLB overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| FMAT | Fidelity MSCI Materials ETF | 71.1% | 24 of 103 | 0.08% |
| VAW | Vanguard Materials ETF | 68.5% | 24 of 110 | 0.10% |
| IYM | iShares U.S. Basic Materials ETF | 53.5% | 14 of 40 | 0.42% |
| DIA | SPDR Dow Jones Industrial Average ETF | 4.0% | 1 of 30 | 0.16% |
| SPY | SPDR S&P 500 ETF | 1.6% | 24 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 1.4% | 23 of 2,941 | 0.03% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the XLB portfolio
Materials Select Sector SPDR Fund holds 24 positions. The ten largest make up 59.8% of the fund, so it behaves like a portfolio of about 19 equally weighted stocks. The biggest positions are Linde plc (12.96%), Newmont Corporation (6.75%), Freeport-McMoRan Inc. (5.32%), Vulcan Materials Company (5.24%), Ecolab Inc. (5.21%).
By sector, Basic Materials is 83.2%, Consumer Cyclical is 17.7%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: XLB chart, XLB performance, XLB dividends, XLB valuation, XLB overview.
XLB holdings FAQ
How many holdings does XLB have?
XLB holds 24 positions as of October 25, 2026.
What are the top 10 holdings of XLB?
The ten largest holdings are Linde plc (12.96%), Newmont Corporation (6.75%), Freeport-McMoRan Inc. (5.32%), Vulcan Materials Company (5.24%), Ecolab Inc. (5.21%), The Sherwin-Williams Company (5.16%), Air Products and Chemicals, Inc. (5.02%), Steel Dynamics, Inc. (4.86%), Nucor Corporation (4.70%), CRH PLC (4.56%). Together they are 59.8% of the fund.
What percentage of XLB is Linde plc?
Linde plc is the largest holding at 12.96% of net assets, about $1.03B of the fund's $7.98B.
How concentrated is XLB?
The top 10 holdings are 59.8% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) XLB behaves like a portfolio of about 19 equally weighted stocks.