State Street Materials Select Sector SPDR… (XLBI) Performance
XLBI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.8% since Dec 31, 2025
- 1 year
- +11.2% total return
- Since first price
- +14.4% since 2025
XLBI trailing returns vs SPY, QQQ, AGG
| Period | XLBI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.2% | −0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.0% | −0.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.7% | −3.0% | +7.8% | +8.4% | −1.5% |
| YTD | +9.8% | −0.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.2% | −4.4% | +14.4% | +15.9% | −1.1% |
| Since inceptionJul 30, 2025 | +14.4% | −4.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: XLBI vs SPY
From Jul 30, 2025: XLBI grew to $11,443, SPY to $12,141.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XLBI returns by calendar year
2026 is year to date.
XLBI annual returns table
| Year | XLBI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.8% | −10.6% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
XLBI largest drawdowns
Now 3.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 27, 2026 | −10.6% | Mar 20, 2026 | Jun 12, 2026 | 21 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XLBI risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +9.8% |
| Volatility (annualized) | 13.0% |
| Sharpe ratio | 0.50 |
| Sortino ratio | 0.74 |
| Best month | +4.9% |
| Worst month | −6.1% |
| Best 12 months | +13.4% |
| Worst 12 months | +7.6% |
| Positive months | 71% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
XLBI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 4 | +7.6% | +13.3% | +15.0% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
XLBI performance overview
State Street Materials Select Sector SPDR… (XLBI) returned +11.2% over the past year, with distributions reinvested. Since its first recorded price on Jul 30, 2025 it has returned +14.4%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −10.6%, from Feb 27, 2026 to Mar 20, 2026, and it took 3 months to get back to the old high. Volatility has been 13.0% a year.
Related: XLBI chart, XLBI dividends. See the XLBI overview for the latest quote and fund facts.
XLBI performance FAQ
What is the XLBI return over the past year?
XLBI returned +11.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.4%.
How much would $10,000 invested in XLBI be worth?
$10,000 invested in XLBI at its first recorded close on July 30, 2025 would be worth about $11,443 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of XLBI?
The largest peak-to-trough decline was −10.6% between February 27, 2026 and March 20, 2026. It recovered to the old high on June 12, 2026, 3 months after the bottom.
How volatile is XLBI?
Over the past history XLBI had an annualized volatility of 13.0% and a Sharpe ratio of 0.50 (excess return over 1–3 month T-bills per unit of risk).