iShares MBS ETF vs Materials Select Sector SPDR Fund — how do they compare? iShares MBS ETF trades at $92.85, while Materials Select Sector SPDR Fund trades at $53.3. The key difference: Materials Select Sector SPDR Fund is trading nearer its 52-week high, iShares MBS ETF nearer its low. Which is the better fit depends on your goals.
| MBB | XLB | |
|---|---|---|
52-Week High | $96.91 | $53.62 |
52-Week Low | $92.72 | $42.23 |
Trailing returns across standard periods
The fund will invest at least 80% of its assets in the component securities of the underlying index and TBAs that have economic characteristics that are substantially identical to the economic characteristics of the component securities of the index, and the fund will invest at least 90% of its assets in fixed income securities included in the underlying index that advisor believes will help the fund track the index.
Read more on MBB →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
Read more on XLB →