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XLBIvsFMATETF Comparison

ETF 1

XLBI

State Street Materials Select Sector SPDR Premium Income Fund

This fund is part of

Options Strategies

+0.52%

Full XLBI fund page

VS

ETF 2

FMAT

Fidelity MSCI Materials Index ETF

This fund is part of

US Materials

+0.02%

Full FMAT fund page

State Street Materials Select Sector SPDR Premium Income Fund (XLBI) belongs to the Options Strategies segment. Fidelity MSCI Materials Index ETF (FMAT) is part of the US Materials segment. XLBI's top 1 sector exposures are Non-Energy Materials. In contrast, FMAT's top sector exposures are Non-Energy Materials, Energy and Industrials. XLBI is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.084% for FMAT. XLBI is up 9.5% year-to-date (YTD) with +$6M in YTD flows. FMAT performs better with 10.81% YTD performance, and +$101M in YTD flows. Run a side-by-side ETF comparison of XLBI and FMAT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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XLBI vs FMAT performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/11/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	XLBI FMAT	-2.19%-4.07%	+2.44%-0.77%	+9.50%+10.81%	+9.59%+10.26%	n/a+33.54%	n/a+36.14%
Flows	XLBI FMAT	+$483K+$9M	+$2M-$3M	+$6M+$101M	+$7M+$124M	-+$34M	-+$10M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	XLBI FMAT	+14.48%+18.93%	+14.23%+19.15%	n/a+18.23%	n/a+19.90%
Max drawdown	XLBI FMAT	-3.92%-6.65%	-10.72%-13.46%	n/a-23.21%	n/a-25.40%
Max drawdown duration	XLBI FMAT	17d52d	102d194d	n/a430d	n/a679d

Trading data

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	XLBI	FMAT
Last sale 9/11/2026 at 1:30 PM	$23.70	$58.46
Previous close 09/10/2026	$23.56	$58.21
Consolidated volume 09/10/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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XLBI

is actively managed and doesn’t replicate an index

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	XLBI	FMAT
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/11/2026 at 1:30 PM

Live

Closed

	XLBI	FMAT
Last price	$23.70	$58.46
1D performance	+0.56%	+0.43%
AuM	$8.28 M	$601.85 M
E/R	0.35%	0.084%

Characteristics

	XLBI	FMAT
Management strategy	Active	Passive
Provider	State Street Investment Management	Fidelity
Benchmark	-	MSCI USA IMI Materials 25/50
N° of holdings	25	100
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	July 30, 2025	October 21, 2013
ESG	No	No

More XLBI data on Trackinsight

More FMAT data on Trackinsight

Exposure

Countries

XLBI

USA

77.43%

United Kingdom

15.54%

Other

7.04%

FMAT

USA

79.87%

United Kingdom

16.44%

Other

3.7%

Sectors

XLBI

Non-Energy Materi.

99.14%

Other

0.86%

FMAT

Non-Energy Materi.

99.34%

Other

0.66%

Diversification

XLBI

Total weight of top 15 holdings out of 15

75.63%

FMAT

Total weight of top 15 holdings out of 15

66.31%

Top 15 holdings

Data as of July 31, 2026

XLBI

Linde Plc

13.33%

Newmont Corp.

6.03%

Freeport-McMoRan, Inc.

5.43%

The Sherwin-Williams Co.

5.03%

Ecolab, Inc.

4.84%

Air Products & Chemicals, Inc.

4.78%

Corteva, Inc.

4.74%

Nucor Corp.

4.61%

Vulcan Materials Co.

4.42%

CRH Plc

4.26%

Martin Marietta Materials, Inc.

4.26%

Steel Dynamics, Inc.

4.20%

PPG Industries, Inc.

3.39%

Smurfit WestRock Plc

3.32%

Dow, Inc.

3.00%

FMAT

Linde Plc

15.46%

Newmont Corp.

6.45%

Freeport-McMoRan, Inc.

5.78%

The Sherwin-Williams Co.

5.43%

Ecolab, Inc.

4.69%

CRH Plc

4.52%

Air Products & Chemicals, Inc.

4.04%

Corteva, Inc.

3.90%

Nucor Corp.

3.85%

Vulcan Materials Co.

2.46%

Steel Dynamics, Inc.

2.33%

Martin Marietta Materials, Inc.

2.29%

PPG Industries, Inc.

1.74%

Smurfit WestRock Plc

1.74%

Amrize Ltd.

1.64%

Frequently asked questions about XLBI and FMAT

How have the XLBI and FMAT ETFs performed in 2026?

As of September 11, 2026, XLBI is up 9.5% year-to-date (YTD), while FMAT has returned 10.81%. That puts FMAT better performer ahead so far this year.

Which ETF is attracting more investor money: XLBI or FMAT?

Year-to-date, the XLBI ETF saw +$6M in flows, compared to +$101M for FMAT.

Which ETF is more volatile: XLBI or FMAT?

Over the past year, XLBI had a volatility of 14.23%, while FMAT experienced 19.15%.

Which ETF is bigger: XLBI or FMAT?

As of September 11, 2026, XLBI holds $8.28 M in assets under management (AUM), while FMAT manages $601.85 M.

What sectors do the XLBI and FMAT ETFs invest in?

XLBI leans toward sectors like Non-Energy Materials. Meanwhile, FMAT focuses on Non-Energy Materials.

What are the top holdings of the XLBI ETF and FMAT ETF?

XLBI top holdings include Linde Plc, Newmont Corp. and Freeport-McMoRan, Inc.. FMAT holds in its top three: Linde Plc, Newmont Corp. and Freeport-McMoRan, Inc..

XLBIvsFMATETF Comparison

State Street Materials Select Sector SPDR Premium Income Fund

Fidelity MSCI Materials Index ETF

XLBI vs FMAT performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the XLBI and FMAT ETFs performed in 2026?

As of September 11, 2026, XLBI is up 9.5% year-to-date (YTD), while FMAT has returned 10.81%. That puts FMAT better performer ahead so far this year.

Which ETF is attracting more investor money: XLBI or FMAT?

Year-to-date, the XLBI ETF saw +$6M in flows, compared to +$101M for FMAT.

Which ETF is more volatile: XLBI or FMAT?

Over the past year, XLBI had a volatility of 14.23%, while FMAT experienced 19.15%.

Which ETF is bigger: XLBI or FMAT?

As of September 11, 2026, XLBI holds $8.28 M in assets under management (AUM), while FMAT manages $601.85 M.

What sectors do the XLBI and FMAT ETFs invest in?

XLBI leans toward sectors like Non-Energy Materials. Meanwhile, FMAT focuses on Non-Energy Materials.

What are the top holdings of the XLBI ETF and FMAT ETF?

XLBI top holdings include Linde Plc, Newmont Corp. and Freeport-McMoRan, Inc.. FMAT holds in its top three: Linde Plc, Newmont Corp. and Freeport-McMoRan, Inc..

Which ETF is more diversified: XLBI or FMAT?

XLBI holds 25 securities with 75.63% of its assets in the top 15. FMAT has 101 securities and a top 15 weight of 66.31%.

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