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Launched

State Street Materials Select Sector SPDR Premium Income ETF

XLBINYSE ArcaSPDRB

$23.48+0.10 (+0.41%)

As of Nov 2, 2026, 2:18 PM ET

B60/ 100

Rank 10 of 22 in Sector Option Income

B60/100Rank 10 of 22inSector Option Income
Intraday session: up, 59 prints from 23.38 to 23.48. Range 23.46 to 23.57. Use the arrow keys to read each point.23.4523.5510 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$9M
1Y total return
+16.4%
Yield · Last 12 months
15.29%
Holdings
2
Avg volume · 30D
6.87K sh
52W range
low $22.15high $25.45
Launched

The ETF.net XLBI Grade

B

Score 60 out of 100

Category
Sector Option Income⁠
Rank
10 of 22
Six-pillar profile for XLBI. Scores out of 100: Cost 76, Risk 55, Mission 77, Tradability 40, Holdings 21, Durability 45. Strongest: Mission (77). Weakest: Holdings (21). Leans toward Mission and Cost.

Score 60 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A76 out of 100
    Rank 1 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A77 out of 100
    Rank 9 of 13

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B55 out of 100
    Rank 9 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C40 out of 100
    Rank 14 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    F21 out of 100
    Rank 19 of 19

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C45 out of 100
    Rank 16 of 22

Our read on XLBI

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Jul 29, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
XLBI$11,637
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. XLBI $11,637. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for XLBI. Periods over one year show the average yearly return.
PeriodXLBI
Year to date+11.1%
1 month+5.0%
3 months+3.4%
1 year+16.4%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for XLBI
YearReturn barXLBI
2026 YTD+11.1%
2025+4.2%

History from Jul 30, 2025

XLBI in the news

XLBI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
15.29%Last 12 months
Payout per share
$3.63Last 12 months
Last payment
$0.30 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 14 payments from 2025 to 2026 YTD. Sep 2, 2025 $0.37; Oct 1, 2025 $0.28; Nov 3, 2025 $0.28; Dec 1, 2025 $0.28; Dec 29, 2025 $0.61; Feb 2, 2026 $0.19; Mar 2, 2026 $0.35; Apr 1, 2026 $0.32; May 1, 2026 $0.30; Jun 1, 2026 $0.19; Jul 1, 2026 $0.35; Aug 3, 2026 $0.23; Sep 1, 2026 $0.22; Oct 1, 2026 $0.30. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.34
Oct 1, 2026Oct 5, 2026$0.30
Sep 1, 2026Sep 3, 2026$0.22
Aug 3, 2026Aug 5, 2026$0.23
Jul 1, 2026Jul 6, 2026$0.35
Jun 1, 2026Jun 3, 2026$0.19
May 1, 2026May 5, 2026$0.30
Apr 1, 2026Apr 6, 2026$0.32
Mar 2, 2026Mar 4, 2026$0.35
Feb 2, 2026Feb 4, 2026$0.19
Dec 29, 2025Dec 31, 2025$0.61
Dec 1, 2025Dec 3, 2025$0.28

See all 15 payments⁠

$10,000 in XLBI 1 year ago paid $1,529 in dividends.⁠

XLBI Risk

Risk pillarB55 out of 100Rank 9 of 22 in Sector Option Income
How much the fund’s monthly returns vary, scaled to a year.
13.0%
Annualised · 15 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.74
vs 3-month T-bills · 15 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−10.6%
15 months · trough Mar 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.36
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

XLBI Cost

Tied cheapest in Sector Option Income

$7,126

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • XLBI 0.35%

    $7,126

$10,000
30 years

Cost over time

  • XLBI 0.35%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530XLBI $7,126

Year by year

YearXLBI
10$634
20$2,454
30$7,126

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