# SSgA SPDR ETFs Europe II Plc - S&P US Materials Select Sector (SXLB) **Source:** https://fundology.uk/fund/sxlb · ISIN IE00BWBXM831 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, SXLB (S&P US Materials Select Sector, ISIN IE00BWBXM831) closed at $49.78 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 30/09/2026 its total return was +15.4%, or −9.8% after UK CPIH inflation. ## Summary SSgA SPDR ETFs Europe II Plc - S&P US Materials Select Sector is an exchange-traded fund (ETF) from SPDR, launched in 2015. It tracks the S&P Materials Select Sector Daily Capped 35/20 Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.15% a year — about £15 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **$49.78** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | SXLB | | ISIN | IE00BWBXM831 | | Category | Single sectors | | Type | ETF | | Provider | SPDR | | Tracks | S&P Materials Select Sector Daily Capped 35/20 Index | | Income | Accumulating | | Ongoing charge | 0.15% a year (£15 per £10,000) | | Fund size | £31.2m | | Launched | 2015 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -4.00% | -7.02% | income reinvested | | 3 years | +15.02% | +3.79% | income reinvested | | 5 years | +15.41% | -9.78% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of SSgA SPDR ETFs Europe II Plc - S&P US Materials Select Sector in pounds (price, with income reinvested in the fund): 2022 −1.2%, 2023 +6.3%, 2024 +1.9%, 2025 +2.3%; 2026 to 30/09/2026 +10.1%. Returns of SSgA SPDR ETFs Europe II Plc - S&P US Materials Select Sector in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +12.9%; to 30/09/2025: −6.7%; to 30/09/2024: +14.6%; to 30/09/2023: +5.1%; to 30/09/2022: +7.3%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -1.2% | -9.6% | Price | | 2023 | +6.3% | +2.1% | Price | | 2024 | +1.9% | -1.6% | Price | | 2025 | +2.3% | -1.2% | Price | | 2026 to 30/09/2026 | +10.1% | +7.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 16.61% | -10.71% | | 3 years | 15.14% | -18.78% | | 5 years | 16.33% | -18.78% | ## Largest fall Volatility of SSgA SPDR ETFs Europe II Plc - S&P US Materials Select Sector in pounds, annualised from weekly returns to 30/09/2026: 16.6% over 1 year, 15.1% over 3 years, 16.3% over 5 years. Largest fall in the price of SSgA SPDR ETFs Europe II Plc - S&P US Materials Select Sector since October 2021, in pounds: −18.8% from 18/10/2024 to 11/04/2025. The lowest 12-month return of SSgA SPDR ETFs Europe II Plc - S&P US Materials Select Sector in pounds (price, with income reinvested in the fund) since January 2021 was −15.7% (12 months to 11/04/2025); the highest was +30.4% (12 months to 10/04/2026). On 30/09/2026 the price of SSgA SPDR ETFs Europe II Plc - S&P US Materials Select Sector was 5.4% below its highest weekly close since October 2021 (26/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of SSgA SPDR ETFs Europe II Plc - S&P US Materials Select Sector 0.15% a year, as of 01/10/2026: 111 of the 141 other single-sector funds charge more, 15 the same and 15 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.15%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 30/09/2026): | Holding | Weight | |---|---| | Linde | 19.53% | | Newmont | 10.85% | | Freeport-McMoRan | 8.97% | | Sherwin-Williams | 6.58% | | Ecolab | 6.18% | | Air Products and Chemicals | 5.53% | | CRH public | 4.92% | | Nucor | 4.73% | | Corteva | 4.62% | | Vulcan Materials | 2.83% | All 25 holdings: https://fundology.uk/fund/sxlb/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.