State Street® Materials Select Sector SPDR® Premium Income ETF

What this fund is

State Street® Materials Select Sector SPDR® Premium Income ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker XLBI (ISIN US81369Y8451). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It passively tracks the S&P 500 Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include STATE STREET MATERIALS SELECT, SSI US GOV MONEY MARKET CLASS and STATE STREET MATERIALS SELECT JUL26 53 CALL.

It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.35% a year — about €35 a year on a €10,000 holding, taken automatically from the fund. It is a distributing share class — dividends are paid to you as cash rather than reinvested, and over the last year it paid out roughly 14.65% (its trailing yield). It holds the underlying investments directly (physical replication); it is domiciled in the United States and trades in USD.

Its price has swung about 13.5% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2025. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from SPDR.)