Materials Select Sector SPDR Fund (XLB)
Definition of 'Materials Select Sector SPDR Fund (XLB)'
The Index includes companies from the following industries:
- Metals & mining
- Paper & forest products
- Containers & packaging
- Construction materials
- Each of the component securities in the Index is a constituent company of the S&P 500 Index.
- Each stock in the S&P 500 Index is allocated to one and only one of the Select Sector Indexes.
- The Index is calculated by the New York Stock Exchange’s Index Services Group using a modified “market capitalization” methodology.
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