S&P500 ETF vs Materials Select Sector SPDR Fund — how do they compare? S&P500 ETF trades at $747.84, while Materials Select Sector SPDR Fund trades at $50.01. The key difference: S&P500 ETF is trading nearer its 52-week high, Materials Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| SPY | XLB | |
|---|---|---|
52-Week High | $759.55 | $53.62 |
52-Week Low | $621.75 | $42.23 |
Trailing returns across standard periods
Latest headlines on both assets
The ETF is designed to track the performance of the securities and the stocks in the S&P 500 Index. To maintain the composition and weightings, the advisor adjusts the ETF from time to time to conform to periodic changes in the index target.
Read more on SPY →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 →