Materials Select Sector SPDR Fund (XLB): Historical Returns

Data Source: from January 1999 to May 2023 (~24 years)
Consolidated Returns as of 31 May 2023
Live Update: Jun 06 2023
Category: Stocks
ETF: Materials Select Sector SPDR Fund (XLB)
ETF • LIVE PERFORMANCE (USD currency)
0.64%
1 Day
Jun 06 2023
5.32%
Current Month
June 2023

In the last 20 Years, the Materials Select Sector SPDR Fund (XLB) ETF obtained a 9.04% compound annual return, with a 20.01% standard deviation.

In 2022, the ETF granted a 1.96% dividend yield. If you are interested in getting periodic income, please refer to the Materials Select Sector SPDR Fund (XLB) ETF: Dividend Yield page.

The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Large Cap
  • Style: Blend
  • Region: North America
  • Country: U.S.
  • Sector: Materials
  • Industry: Broad Materials

Historical Returns as of May 31, 2023

Historical returns and Metrics of Materials Select Sector SPDR Fund (XLB) ETF.

Returns and metrics are calculated based on monthly returns, assuming:
  • No fees or capital gain taxes
  • the reinvestment of dividends
MATERIALS SELECT SECTOR SPDR FUND (XLB) ETF
Portfolio Metrics
Data Source: 1 January 1999 - 31 May 2023 (~24 years)
Swipe left to see all data
Metrics as of May 31, 2023
1M 3M 6M 1Y 3Y 5Y 10Y 20Y MAX
(~24Y)
Portfolio Return (%) -6.87 -7.93 -8.36 -10.76 12.84 7.43 8.63 9.04 7.52
US Inflation (%) 0.00 0.84 1.90 3.79 5.77 3.81 2.68 2.55 2.55
Infl. Adjusted Return (%) -6.87 -8.70 -10.06 -14.01 6.69 3.48 5.80 6.33 4.84
Waiting for updates, inflation of May 2023 is temporarily set to 0%. Returns / Inflation rates over 1 year are annualized.
RISK INDICATORS
Standard Deviation (%) 26.66 21.11 21.84 18.60 20.01 21.19
Sharpe Ratio -0.52 0.56 0.28 0.42 0.39 0.17
Sortino Ratio -0.77 0.76 0.38 0.58 0.54 0.23
MAXIMUM DRAWDOWN
Drawdown Depth (%) -19.96 -23.73 -26.15 -26.15 -55.49 -55.49
Start (yyyy mm) 2022 06 2022 01 2020 01 2020 01 2008 06 2008 06
Bottom (yyyy mm) 2022 09 2022 09 2020 03 2020 03 2009 02 2009 02
Start to Bottom (# months) 4 9 3 3 9 9
Start to Recovery (# months) in progress
8
> 17
8
8
59
59
ROLLING PERIOD RETURNS - Annualized
Best Return (%) 78.41 27.27 22.42 13.51 10.20
Worst Return (%) -51.37 -12.44 -4.16 1.29 5.83
% Positive Periods 71% 85% 96% 100% 100%
MONTHS
Positive 0 0 1 4 20 33 71 142 167
Negative 1 3 5 8 16 27 49 98 126
% Positive 0% 0% 17% 33% 56% 55% 59% 59% 57%
WITHDRAWAL RATES (WR)
Safe WR (%) 46.36 23.18 14.56 10.00 6.94
Perpetual WR (%) 6.27 3.36 5.48 5.95 4.62
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the ETF
  • Standard Deviation: it's a measure of the dispersion of returns around the mean
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the ETF. It's calculated by dividing the excess return of the ETF over the risk-free rate by the ETF standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the ETF. It's a modification of the Sharpe Ratio (same formula but the denominator is the ETF downside standard deviation).
  • Maximum Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.
  • Rolling Returns: returns over a time frame (best, worst, % of positive returns).
  • Pos./Neg. Months: number of months with positive/negative return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the original portfolio balance that can be withdrawn at the end of each year with inflation adjustment, without the portfolio running out of money (dollar amount withdrawal).
  • Perpetual Withdrawal Rate (PWR): it's the percentage of portfolio balance that can be withdrawn at the end of each year, while retaining the inflation adjusted portfolio balance (percentage withdrawal).

Correlations as of May 31, 2023

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1.

If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.

Asset correlations are calculated based on monthly returns.

Monthly correlations of Materials Select Sector SPDR Fund (XLB) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

MATERIALS SELECT SECTOR SPDR FUND (XLB) ETF
Monthly correlations as of 31 May 2023
Swipe left to see all data
Correlation vs XLB
 
Asset Class 1 Year 5 Years 10 Years Since
Jan 1999
US Total Stock Market
VTI
0.90
0.89
0.87
0.81
US Large Cap
SPY
0.89
0.90
0.87
0.82
US Small Cap
IJR
0.87
0.85
0.79
0.72
US REITs
VNQ
0.90
0.80
0.60
0.58
US Technology
QQQ
0.70
0.74
0.72
0.59
Preferred Stocks
PFF
0.74
0.74
0.62
0.44
EAFE Stocks
EFA
0.95
0.89
0.84
0.79
World All Countries
VT
0.95
0.91
0.89
0.84
Emerging Markets
EEM
0.75
0.73
0.70
0.75
Europe
VGK
0.95
0.89
0.83
0.79
Pacific
VPL
0.90
0.84
0.78
0.68
Latin America
FLLA
0.79
0.60
0.55
0.65
US Total Bond Market
BND
0.71
0.37
0.25
0.03
Long Term Treasuries
TLT
0.58
0.00
-0.08
-0.25
US Cash
BIL
0.00
-0.24
-0.16
-0.06
TIPS
TIP
0.77
0.51
0.38
0.15
Invest. Grade Bonds
LQD
0.79
0.56
0.46
0.22
High Yield Bonds
HYG
0.89
0.79
0.76
0.61
International Bonds
BNDX
0.73
0.40
0.27
0.12
Emerg. Market Bonds
EMB
0.87
0.68
0.61
0.49
Gold
GLD
0.46
0.28
0.20
0.17
Commodities
DBC
0.87
0.55
0.50
0.39

Capital Growth as of May 31, 2023

Capital growth, returns, stats are calculated assuming a reinvestment of dividends.

If you are interested in getting periodic income, please refer to the Materials Select Sector SPDR Fund (XLB) ETF: Dividend Yield page.

An investment of 1000$, since June 2003, now would be worth 5643.49$, with a total return of 464.35% (9.04% annualized).

The Inflation Adjusted Capital now would be 3413.67$, with a net total return of 241.37% (6.33% annualized).
An investment of 1000$, since January 1999, now would be worth 5874.51$, with a total return of 487.45% (7.52% annualized).

The Inflation Adjusted Capital now would be 3173.86$, with a net total return of 217.39% (4.84% annualized).

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

MATERIALS SELECT SECTOR SPDR FUND (XLB) ETF
Drawdown periods
Updated to May 2023

Worst drawdowns since June 2003.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-55.49% Jun 2008 Feb 2009 9 Apr 2013 50 59
-26.15% Jan 2020 Mar 2020 3 Aug 2020 5 8
-23.73% Jan 2022 Sep 2022 9 in progress 8 17
-23.06% Mar 2015 Jan 2016 11 Nov 2016 10 21
-18.14% Feb 2018 Dec 2018 11 Dec 2019 12 23
-11.98% Mar 2005 Jun 2005 4 Jan 2006 7 11
-8.55% Jun 2021 Sep 2021 4 Dec 2021 3 7
-8.07% Nov 2007 Jan 2008 3 May 2008 4 7
-7.14% May 2006 Jul 2006 3 Oct 2006 3 6
-6.83% Mar 2004 Apr 2004 2 Jun 2004 2 4
-4.72% Jan 2014 Jan 2014 1 Feb 2014 1 2
-4.59% Sep 2014 Jan 2015 5 Feb 2015 1 6
-4.51% Sep 2003 Sep 2003 1 Oct 2003 1 2
-4.42% Jan 2004 Jan 2004 1 Feb 2004 1 2
-4.11% Jun 2013 Jun 2013 1 Jul 2013 1 2
-3.85% Jun 2007 Aug 2007 3 Sep 2007 1 4
-3.06% Jan 2005 Jan 2005 1 Feb 2005 1 2
-2.42% Jan 2021 Jan 2021 1 Feb 2021 1 2
-2.28% Jul 2004 Jul 2004 1 Sep 2004 2 3
-2.14% Feb 2006 Feb 2006 1 Mar 2006 1 2

Worst drawdowns since January 1999.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-55.49% Jun 2008 Feb 2009 9 Apr 2013 50 59
-31.43% May 1999 Sep 2000 17 Nov 2003 38 55
-26.15% Jan 2020 Mar 2020 3 Aug 2020 5 8
-23.73% Jan 2022 Sep 2022 9 in progress 8 17
-23.06% Mar 2015 Jan 2016 11 Nov 2016 10 21
-18.14% Feb 2018 Dec 2018 11 Dec 2019 12 23
-11.98% Mar 2005 Jun 2005 4 Jan 2006 7 11
-8.55% Jun 2021 Sep 2021 4 Dec 2021 3 7
-8.07% Nov 2007 Jan 2008 3 May 2008 4 7
-7.14% May 2006 Jul 2006 3 Oct 2006 3 6
-6.83% Mar 2004 Apr 2004 2 Jun 2004 2 4
-4.72% Jan 2014 Jan 2014 1 Feb 2014 1 2
-4.59% Sep 2014 Jan 2015 5 Feb 2015 1 6
-4.42% Jan 2004 Jan 2004 1 Feb 2004 1 2
-4.11% Jun 2013 Jun 2013 1 Jul 2013 1 2
-3.85% Jun 2007 Aug 2007 3 Sep 2007 1 4
-3.71% Jan 1999 Jan 1999 1 Apr 1999 3 4
-3.06% Jan 2005 Jan 2005 1 Feb 2005 1 2
-2.42% Jan 2021 Jan 2021 1 Feb 2021 1 2
-2.28% Jul 2004 Jul 2004 1 Sep 2004 2 3

Rolling Returns ( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

MATERIALS SELECT SECTOR SPDR FUND (XLB) ETF
Annualized Rolling Returns
Data Source: from January 1999 to May 2023
Swipe left to see all data
Rolling
Period
Annualized Return (%) Negative
Periods
Average Latest Best Worst
1 Year
9.38 -10.76 78.41
Apr 2020 - Mar 2021
-51.37
Mar 2008 - Feb 2009
29.08%
2 Years
8.98 -5.37 46.78
Mar 2009 - Feb 2011
-26.21
Mar 2007 - Feb 2009
20.00%
3 Years
8.68 12.84 27.27
Mar 2009 - Feb 2012
-12.44
Mar 2006 - Feb 2009
14.73%
5 Years
8.55 7.43 22.42
Mar 2009 - Feb 2014
-4.16
Mar 2004 - Feb 2009
3.85%
7 Years
8.36 9.13 15.50
Oct 2000 - Sep 2007
-0.27
Mar 2002 - Feb 2009
0.48%
10 Years
7.95 8.63 13.51
Mar 2009 - Feb 2019
1.29
Mar 1999 - Feb 2009
0.00%
15 Years
7.94 5.87 10.84
Feb 2003 - Jan 2018
5.08
Apr 2005 - Mar 2020
0.00%
20 Years
8.41 9.04 10.20
Feb 2003 - Jan 2023
5.83
Apr 2000 - Mar 2020
0.00%
Annualized rolling and average returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the Materials Select Sector SPDR Fund (XLB) ETF: Rolling Returns page.

Seasonality

Materials Select Sector SPDR Fund (XLB) ETF: in which months is it better to invest?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.

For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-0.16
40%
-1.16
40%
0.00
60%
4.08
60%
-0.38
60%
-1.02
60%
3.59
80%
-0.17
40%
-2.72
40%
1.32
40%
6.10
80%
0.11
60%
 Capital Growth on monthly avg returns
100
99.84
98.68
98.67
102.70
102.31
101.26
104.89
104.72
101.88
103.22
109.52
109.63
Best 9.0
2023
4.1
2021
7.6
2021
15.2
2020
6.9
2020
11.6
2019
7.1
2020
4.4
2020
3.2
2019
8.9
2022
12.4
2020
7.6
2021
Worst -6.8
2022
-8.5
2020
-14.0
2020
-3.5
2022
-8.2
2019
-13.9
2022
-0.3
2019
-3.5
2022
-9.3
2022
-9.2
2018
-0.6
2021
-6.9
2018
Monthly Seasonality over the period Jun 2018 - May 2023
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-0.95
40%
1.22
60%
-0.01
60%
3.11
80%
0.32
70%
-1.05
50%
2.31
70%
-0.22
40%
-1.54
40%
2.36
50%
4.21
90%
0.28
60%
 Capital Growth on monthly avg returns
100
99.05
100.25
100.25
103.36
103.69
102.60
104.97
104.74
103.12
105.55
110.00
110.31
Best 9.0
2023
8.0
2015
7.6
2021
15.2
2020
6.9
2020
11.6
2019
7.1
2020
4.4
2020
4.4
2013
13.4
2015
12.4
2020
7.6
2021
Worst -10.7
2016
-8.5
2020
-14.0
2020
-3.5
2022
-8.2
2019
-13.9
2022
-5.0
2015
-5.6
2015
-9.3
2022
-9.2
2018
-0.6
2021
-6.9
2018
Monthly Seasonality over the period Jun 2013 - May 2023
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-1.38
40%
0.83
60%
1.55
68%
3.36
72%
-0.01
60%
-1.15
42%
1.40
50%
-0.40
42%
-2.55
42%
2.33
63%
3.48
79%
2.04
67%
 Capital Growth on monthly avg returns
100
98.62
99.43
100.98
104.37
104.36
103.16
104.60
104.18
101.53
103.90
107.51
109.71
Best 11.0
2012
8.0
2015
15.4
2009
24.7
1999
6.9
2020
11.6
2019
12.9
2009
4.4
2020
8.1
2007
17.3
2011
12.7
2001
14.0
2000
Worst -12.2
2000
-10.0
2000
-14.0
2020
-7.1
2005
-9.5
2010
-13.9
2022
-11.3
2002
-7.0
2011
-16.5
2011
-22.4
2008
-10.7
2008
-6.9
2018
Monthly Seasonality over the period Jan 1999 - May 2023

Monthly/Yearly Returns

Materials Select Sector SPDR Fund (XLB) ETF data source starts from January 1999: let's focus on monthly and yearly returns.

We are providing two different views:
  • Histogram: it shows the distribution of the returns recorded so far
  • Plain Table: it shows the detailed monthly and yearly returns
MONTHLY RETURNS HISTOGRAM
Jan 1999 - May 2023
167 Positive Months (57%) - 126 Negative Months (43%)
MONTHLY RETURNS TABLE
Jan 1999 - May 2023
(Scroll down to see all data)
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2023
-3.01 -5.11 9.0 -3.3 -1.0 -0.1 -6.9
2022
-12.31 -17.63 -6.8 -1.3 6.1 -3.5 1.2 -13.9 6.2 -3.5 -9.3 8.9 11.7 -5.5
2021
+27.45 +19.07 -2.4 4.1 7.6 5.4 5.1 -5.3 2.1 1.9 -7.2 7.6 -0.6 7.6
2020
+20.52 +18.90 -6.2 -8.5 -14.0 15.2 6.9 2.2 7.1 4.4 1.5 -0.7 12.4 2.5
2019
+24.13 +21.36 5.6 3.2 1.3 3.5 -8.2 11.6 -0.3 -2.8 3.2 0.0 3.2 2.9
2018
-14.87 -16.46 4.0 -5.3 -4.1 0.1 2.1 0.3 2.9 -0.8 -1.8 -9.2 3.8 -6.9
2017
+24.00 +21.44 4.5 0.6 0.6 1.3 0.0 1.8 1.5 0.8 3.7 3.9 0.9 2.1
2016
+16.80 +14.42 -10.7 7.8 7.6 5.1 -0.3 -0.8 5.1 -0.3 -1.2 -2.1 6.8 0.2
2015
-8.67 -9.33 -1.8 8.0 -4.9 3.4 0.4 -3.9 -5.0 -5.6 -7.4 13.4 1.0 -4.3
2014
+7.17 +6.37 -4.7 6.9 0.8 0.8 3.0 1.6 -2.0 3.9 -1.4 -2.4 1.6 -0.6
2013
+26.00 +24.13 3.9 -1.4 2.2 0.9 1.9 -4.1 5.6 -0.1 4.4 4.2 1.3 4.9
2012
+14.70 +12.73 11.0 -0.6 0.4 -0.8 -7.8 4.9 -1.3 2.3 3.8 -2.1 1.9 3.2
2011
-10.93 -13.49 0.1 2.7 1.8 2.1 -2.7 -0.4 -3.5 -7.0 -16.5 17.3 0.2 -2.3
2010
+20.55 +18.77 -8.6 4.5 7.9 0.2 -9.5 -7.3 12.8 -3.0 7.8 6.2 1.1 10.0
2009
+48.18 +44.25 -7.4 -8.0 15.4 15.6 5.8 -4.5 12.9 2.4 4.2 -5.2 10.8 2.1
2008
-44.05 -44.10 -4.2 2.3 -1.4 5.3 5.2 -5.8 -3.2 -1.6 -15.5 -22.4 -10.7 -0.6
2007
+22.05 +17.27 4.0 2.7 2.4 1.5 5.9 -0.5 -2.7 -0.7 8.1 4.2 -5.0 1.1
2006
+18.36 +15.43 4.8 -2.1 4.7 3.6 -4.0 0.5 -3.7 3.0 0.0 6.0 4.4 0.6
2005
+4.08 +0.64 -3.1 7.9 -2.7 -7.1 -0.6 -2.0 5.5 -4.2 0.8 0.2 7.7 2.9
2004
+13.49 +9.91 -4.4 5.2 -2.3 -4.6 2.8 5.0 -2.3 1.7 4.0 -0.9 8.1 1.3
2003
+37.39 +34.86 -5.0 -2.7 0.6 9.0 3.1 0.9 7.9 2.8 -4.5 9.5 2.3 9.8
2002
-5.35 -7.55 2.3 5.3 3.1 -4.7 5.0 -1.7 -11.3 -0.5 -13.0 5.7 12.0 -4.6
2001
+2.15 +0.59 -2.7 1.3 -5.0 10.7 3.8 -3.4 -0.3 -0.4 -11.8 2.7 12.7 -3.0
2000
-16.24 -18.99 -12.2 -10.0 10.1 -3.3 -3.2 -8.6 0.9 2.3 -9.8 8.8 -2.5 14.0
1999
+22.89 +19.68 -3.7 1.6 1.8 24.7 -9.1 5.8 -1.1 -4.5 -3.1 2.4 -1.4 11.6