# Invesco Materials S&P US Select Sector UCITS ETF (XLBP) **Page:** https://fundology.uk/fund/xlbp · ISIN IE00B3XM3R14 ## 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 13/11/2026, XLBP (Invesco Materials S&P US Select Sector UCITS ETF, ISIN IE00B3XM3R14) closed at £488.55 on the London Stock Exchange. Its ongoing charge is 0.14% a year (about £14 on £10,000). Over the five years to 13/11/2026 its total return was +31.2%, or +2.4% after UK CPIH inflation. ## Summary Invesco Materials S&P US Select Sector UCITS ETF is an exchange-traded fund (ETF) from Invesco, launched in 2009. It tracks the S&P Select Sector Capped 20% Materials Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.14% a year — about £14 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: **£488.55** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XLBP | | ISIN | IE00B3XM3R14 | | Also listed as | XLBS (London Stock Exchange, US dollars) | | Category | Single sectors | | Type | ETF | | Provider | Invesco | | Tracks | S&P Select Sector Capped 20% Materials Index | | Income | Accumulating | | Ongoing charge | 0.14% a year (£14 per £10,000) | | Fund size | £12.9m | | Launched | 2009 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/12/2009 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +21.11% | +16.82% | income reinvested | | 3 years | +33.55% | +20.66% | income reinvested | | 5 years | +31.18% | +2.39% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Invesco Materials S&P US Select Sector UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −1.7%, 2023 +6.1%, 2024 +0.7%, 2025 +3.6%; 2026 to 13/11/2026 +17.3%. Returns of Invesco Materials S&P US Select Sector UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +12.9%; to 30/09/2025: −6.4%; to 30/09/2024: +14.0%; to 30/09/2023: +6.4%; to 30/09/2022: +7.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -1.7% | -10.0% | Price | | 2023 | +6.1% | +1.9% | Price | | 2024 | +0.7% | -2.7% | Price | | 2025 | +3.6% | +0.0% | Price | | 2026 to 13/11/2026 | +17.3% | +13.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 15.80% | -10.68% | | 3 years | 14.78% | -19.09% | | 5 years | 15.97% | -19.09% | ## Largest fall Volatility of Invesco Materials S&P US Select Sector UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 15.8% over 1 year, 14.8% over 3 years, 16.0% over 5 years. Largest fall in the price of Invesco Materials S&P US Select Sector UCITS ETF since November 2021, in pounds: −19.1% from 18/10/2024 to 11/04/2025. The lowest 12-month return of Invesco Materials S&P US Select Sector UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −16.1% (12 months to 11/04/2025); the highest was +30.8% (12 months to 10/04/2026). On 13/11/2026 the price of Invesco Materials S&P US Select Sector UCITS ETF was at its highest weekly close since November 2021, in pounds. ## Charges compared with similar funds Ongoing charge of Invesco Materials S&P US Select Sector UCITS ETF 0.14% a year. Compared on 14/11/2026, 150 of the 164 other single-sector funds charge more, 7 the same and 7 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.14%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 30/09/2026, XLBP holds 25 positions, according to its published holdings. The largest is Linde at 19.50% of the fund; the ten largest make up 74.7%. ### Top holdings Largest positions (as of 30/09/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Linde | [LIN](https://fundology.uk/stock/LIN) | 19.50% | | 2 | Newmont | [NEM](https://fundology.uk/stock/NEM) | 10.90% | | 3 | Freeport-McMoRan | [FCX](https://fundology.uk/stock/FCX) | 9.00% | | 4 | Sherwin-Williams | [SHW](https://fundology.uk/stock/SHW) | 6.60% | | 5 | Ecolab | [ECL](https://fundology.uk/stock/ECL) | 6.20% | | 6 | Air Products and Chemicals | [APD](https://fundology.uk/stock/APD) | 5.50% | | 7 | CRH | [CRH](https://fundology.uk/stock/CRH) | 4.90% | | 8 | Nucor | [NUE](https://fundology.uk/stock/NUE) | 4.70% | | 9 | Corteva | [CTVA](https://fundology.uk/stock/CTVA) | 4.60% | | 10 | Vulcan Materials Company (Holding Company) | [VMC](https://fundology.uk/stock/VMC) | 2.80% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By country Added up from the fund’s published holdings, as of 24/09/2026. | Country | Weight | |---|---| | United States | 70.9% | | Ireland | 25.9% | | Jersey | 1.7% | | Netherlands | 1.4% | All 25 holdings: https://fundology.uk/fund/xlbp/holdings ## Questions people ask **What is the ongoing charge of XLBP?** The ongoing charge of XLBP is 0.14% a year — about £14 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco Materials S&P US Select Sector UCITS ETF 0.14% a year. Compared on 14/11/2026, 150 of the 164 other single-sector funds charge more, 7 the same and 7 less (share classes counted once). **What does XLBP track?** XLBP tracks the S&P Select Sector Capped 20% Materials Index. **Is XLBP accumulating or distributing?** XLBP is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of XLBP?** The ISIN of XLBP is IE00B3XM3R14. An ISIN identifies one exact share class of a fund; XLBP is its ticker on the London Stock Exchange. The same share class is also listed as XLBS (London Stock Exchange, US dollars). **What does XLBP hold?** As of 30/09/2026, XLBP holds 25 positions, according to its published holdings. The largest is Linde at 19.50% of the fund; the ten largest make up 74.7%. Its ten largest holdings are Linde (19.50%), Newmont (10.90%), Freeport-McMoRan (9.00%), Sherwin-Williams (6.60%), Ecolab (6.20%), Air Products and Chemicals (5.50%), CRH (4.90%), Nucor (4.70%), Corteva (4.60%) and Vulcan Materials Company (Holding Company) (2.80%). **What were XLBP’s returns in each of the last five years?** Calendar-year returns of XLBP in pounds (price, with income reinvested in the fund): 2022 −1.7%, 2023 +6.1%, 2024 +0.7%, 2025 +3.6%; 2026 to 13/11/2026 +17.3%. Past performance is not a guide to future returns. **How has XLBP done after inflation?** Over the five years to 13/11/2026 XLBP’s total return was +31.2%, or +2.4% after UK CPIH inflation. Past performance is not a guide to future returns. --- 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.