State Street Materials Select Sector SPDR Premium Income ETF
$23.54−0.11 (−0.48%)
- Expense ratio
- 0.35%
- Fund size
- $8M
- 1Y return
- +10.4%
- Yield · Last 12 months
- 15.25%
- Holdings
- 2
- Volume · 30D
- 0M sh
- NAV per share
- $23.25
- 52W range
The ETF.net XLBI Grade
Score 64 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 76Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 96Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 41Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 41Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 29Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 47Category rank
Our read on XLBI
BAn income motor bolted onto the materials sector: XLBI holds the original materials SPDR and writes calls on it, turning chemicals, mining and packaging swings into monthly distributions.
The fund seeks current income and long-term capital growth through an actively managed strategy that invests in the Materials Select Sector SPDR ETF and sells call options on that underlying ETF.
Why people hold it
- One holding, one trade. You own the materials sector SPDR and calls written against it, so the whole strategy fits in a sentence.ssga.com
- Charges 0.35%, level with the median of its options-income sector cohort and the same fee as top-ranked siblings XLVI and XLUI.
- Materials is a cyclical corner (chemicals, metals and mining, containers, construction materials), and choppier sectors tend to carry richer option premiums to sell.ssga.com
- Portfolio matches the label closely: one sector fund, calls on that same fund, no side bets. Distributions are paid monthly.
Worth knowing
- Written calls trade away part of a big rally. When the commodity cycle turns up hard, this keeps less of the move than the plain sector fund.ssga.com
- Launched in 2025, still small and thinly traded, so bid-ask spreads can run wider than in the giant covered-call funds.
- The underlying is a short, top-heavy list of S&P 500 materials names; its own documents flag sector and non-diversification risk.ssga.com
XLBI Holdings
- Stocks
- 2
- 101%
- XLB
Sectors
Geography
XLBI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | XLBI |
|---|---|
| Year to date | +9.3% |
| 1 month | −3.1% |
| 3 months | +0.7% |
| 1 year | +10.4% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | XLBI |
|---|---|---|
| 2026 YTD | +9.3% | |
| 2025 | +4.2% |
XLBI in the news
ETF.net Research hasn’t filed on XLBI yet — coverage lands here as it’s written.
XLBI Dividends
- 15.25%
- $3.61
- $0.22 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.22 |
| Aug 3, 2026 | Aug 5, 2026 | $0.23 |
| Jul 1, 2026 | Jul 6, 2026 | $0.35 |
| Jun 1, 2026 | Jun 3, 2026 | $0.19 |
| May 1, 2026 | May 5, 2026 | $0.30 |
| Apr 1, 2026 | Apr 6, 2026 | $0.32 |
| Mar 2, 2026 | Mar 4, 2026 | $0.35 |
| Feb 2, 2026 | Feb 4, 2026 | $0.19 |
| Dec 29, 2025 | Dec 31, 2025 | $0.61 |
| Dec 1, 2025 | Dec 3, 2025 | $0.28 |
| Nov 3, 2025 | Nov 5, 2025 | $0.28 |
| Oct 1, 2025 | Oct 3, 2025 | $0.28 |
XLBI Risk
- 11.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.13
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −10.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.36
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XLBI Cost
- The middle half of Sector Option Income funds
- Median 0.47%
No Sector Option Income fund charges less.