State Street Materials Select Sector SPDR ETF(XLB · ETF)
ETF quote, holdings, sector allocation, technicals, and options analytics.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
- 52-Week Range
- $42.03 – $54.19
- YTD
- +12.90%
- IV Rank (30D)
- 8.74
- Straddle Price
- $2.51
- P/C Vol Ratio
- 0.89
State Street Materials Select Sector SPDR ETF (XLB) ETF
- Exchange
- ARCX
- Inception
- 1998-12-16
- Has Options
- Yes
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-06-22 | 2026-06-24 | $0.1932 | CD |
| 2026-03-23 | 2026-03-25 | $0.2083 | CD |
| 2025-12-22 | 2025-12-24 | $0.2329 | CD |
| 2025-09-22 | 2025-09-24 | $0.4289 | CD |
| 2025-06-23 | 2025-06-25 | $0.4379 | CD |
| 2025-03-24 | 2025-03-26 | $0.4068 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| LIN | LINDE PLC | 13.03% | Equity (US) | — |
| NEM | NEWMONT CORP | 7.87% | Equity (US) | US |
| FCX | FREEPORT MCMORAN INC | 6.33% | Equity (US) | US |
| SHW | SHERWIN WILLIAMS CO/THE | 4.86% | Equity (US) | US |
| CTVA | CORTEVA INC | 4.83% | Equity (US) | US |
| ECL | ECOLAB INC | 4.78% | Equity (US) | US |
| APD | AIR PRODUCTS + CHEMICALS INC | 4.77% | Equity (US) | US |
| VMC | VULCAN MATERIALS CO | 4.31% | Equity (US) | US |
| NUE | NUCOR CORP | 4.28% | Equity (US) | US |
| MLM | MARTIN MARIETTA MATERIALS | 4.11% | Equity (US) | US |
| CRH | CRH PLC | 4.11% | Equity (US) | — |
| STLD | STEEL DYNAMICS INC | 3.75% | Equity (US) | US |
| PPG | PPG INDUSTRIES INC | 3.35% | Equity (US) | US |
| SW | SMURFIT WESTROCK PLC | 3.33% | Equity (US) | — |
| IFF | INTL FLAVORS + FRAGRANCES | 2.95% | Equity (US) | US |
| DOW | DOW INC | 2.86% | Equity (US) | US |
| AMCR | AMCOR PLC | 2.84% | Equity (US) | — |
| PKG | PACKAGING CORP OF AMERICA | 2.80% | Equity (US) | US |
| IP | INTERNATIONAL PAPER CO | 2.74% | Equity (US) | US |
| CF | CF INDUSTRIES HOLDINGS INC | 2.54% | Equity (US) | US |
| BALL | BALL CORP | 2.23% | Equity (US) | US |
| LYB | LYONDELLBASELL INDU CL A | 2.16% | Equity (US) | — |
| ALB | ALBEMARLE CORP | 2.13% | Equity (US) | US |
| AVY | AVERY DENNISON CORP | 1.79% | Equity (US) | US |
| MOS | MOSAIC CO/THE | 0.99% | Equity (US) | US |
| — | SSI US GOV MONEY MARKET CLASS | 0.08% | Other | — |
| — | US DOLLAR | 0.05% | Other | US |
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | -0.46% | 23 |
| Feb | +1.50% | 23 |
| Mar | +0.64% | 23 |
| Apr | +1.92% | 23 |
| May | +0.24% | 23 |
| Jun | -0.99% | 23 |
| Jul | +1.79% | 23 |
| Aug | -0.27% | 23 |
| Sep | -1.41% | 23 |
| Oct | +0.70% | 22 |
| Nov | +3.18% | 22 |
| Dec | -0.32% | 22 |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL with confidence level (6/10)
Key Drivers:
- Technical momentum signals are bullish, with MACD and RSI indicating a neutral/positive trend
- Recent news headlines have been mixed, with some positive sentiment and others neutral or negative
Primary Risks:
- High beta stock, making it more volatile than the market (beta 0.73 vs SPY)
- Low volatility in recent months, which may indicate a lack of directional movement
Investment Thesis: XLB is a low-volatility stock with mixed technical and news sentiment. While there are some bullish signals from momentum indicators, the overall trend appears range-bound. With a high beta stock like XLB, there is potential for increased volatility in response to market movements.
Recent News Sentiment Impact: The recent news headlines have had a neutral impact on the stock's price movement. The positive headline about Adams Natural Resources Fund and the negative Nasdaq 100 fall have been somewhat offset by the neutral headlines from Benzinga.
Technical Analysis
Trend Direction:
- Short-term: NEUTRAL (SMA 20 and EMA 12 indicate a range-bound trend)
- Medium-term: BULLISH (SMA 50 and EMA 26 suggest an uptrend)
- Long-term: BEARISH (SMA 200 suggests a downtrend)
Support/Resistance Levels:
- Key price levels:
- Upper band: $53.91
- Middle band: $52.80
- Lower band: $51.68
Momentum Signals:
- RSI interpretation: NEUTRAL (51.93)
- MACD signal: BULLISH (0.44 / Signal: -0.02 / Histogram: 0.46)
- Bollinger Bands position: NEUTRAL (price touching middle band)
Volume Analysis:
- Volume trends: LOW
- Institutional interest signals: MEDIUM
News & Sentiment Analysis
Recent Headlines Summary: The recent news headlines have been mixed, with some positive sentiment and others neutral or negative.
Sentiment Assessment: The aggregate news sentiment is NEUTRAL, reflecting the mixed nature of the headlines.
Catalyst Identification: There are no specific catalysts identified in the recent news headlines that would significantly impact the stock's price movement.
Market Narrative: The market narrative suggests a range-bound trend for XLB, with some bullish and bearish signals from momentum indicators.
Risk & Volatility Assessment
Risk Interpretation: XLB is a high-risk stock due to its beta (0.73) relative to the SPY.
Volatility Regime: Current vs historical volatility levels: LOW (volatility has decreased in recent months)
Options Market Signals: IV rank: 5.4% (LOW - shows if volatility is historically high/low) Current IV: 27.4% Expected Move: $2.25 (32 DTE), 7-DTE: $0.80 Volume Flow: 47 calls vs 181 puts Open Interest: 92 calls vs 84,475 puts Put/Call Volume Ratio: 3.85 (Bearish sentiment) Put/Call OI Ratio: 918.21
Downside Protection: Support levels and risk management considerations:
- Critical price level: $51.68 (lower band)
- Breakout/breakdown levels: $53.91 (upper band) and $49.89 (SMA 200)
Market Context & Positioning
Sector Performance: XLB is outperforming the sector, with a positive relative strength.
Institutional Activity: Volume patterns suggesting institutional interest:
- Volume SMA 20: 10698090.74
- On-Balance Volume (OBV): -83167003.21
- Volume Rate of Change: 58.23%
Correlation Analysis: The stock moves less than the market, with a correlation coefficient of 0.53.
Relative Valuation: XLB is positioned within its trading range, with no significant deviations from its historical volatility.
Key Levels & Action Items
Critical Price Levels:
- Support level: $51.68 (lower band)
- Resistance level: $53.91 (upper band)
Breakout/Breakdown Levels:
- Critical price level: $49.89 (SMA 200)
- Breakout/breakdown levels: $52.95 (EMA 12) and $51.73 (SMA 50)
Time-Sensitive Catalysts: None identified
Risk Management: Stop-loss levels and position sizing considerations:
- Stop-loss level: $50.50 (20% below current price)
- Position sizing: 5-7% of total portfolio
- IV Rank (30D)
- 8.74
- IV Rank (7D)
- 66.87
- Avg IV
- 28.6%
- Straddle (30D)
- $2.51
- Straddle (7D)
- $1.18
- P/C Volume
- 0.89
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
- Beta (1Y vs SPY)
- 0.74
- Correlation (SPY)
- 52.8%
- R²
- 0.28
- Ann. Volatility
- 17.8%
- SPY Volatility
- 12.8%
Low volatility - stock moves less than market
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
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