XLB: The ETF That Beat The S&P 500


A female engineer works in a chemical plant using a laptop computer

tianyu wuThe majority of XLB’s holdings are companies dealing with the extraction, production, processing, and distribution of chemicals at 68% of the fund, with companies that mine and work with metals next at 15%, containers and shipping at 9% and construction at 6%. This is the same distribution as the Index XLB tracks. Given this concentration of holdings towards chemical industries, XLB is strongly affected by fluctuations in global supply and energy.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *