Materials Select Sector SPDR Fund
XLB
About SPDR Materials Select Sector ETF
The Materials Select Sector SPDR Fund (ARCA: XLB) is an exchange-traded fund (ETF) that provides investors with exposure to companies in the materials sector within the S&P 500 Index. The unit price of XLB reflects the performance of companies in the chemicals, metals, and mining industries.
FAQ
You can easily purchase SPDR Materials Select Sector ETF (XLB) shares through the Gotrade app. Simply download the app, set up your account, fund it, and then search for the 'XLB' ticker to begin your investment journey.
At Gotrade, you can kickstart your investment in SPDR Materials Select Sector ETF with as little as $1.
Absolutely. Brokerage services on Gotrade Indonesia are provided by PT Valbury Asia Futures, a licensed futures and commodities broker registered with and supervised by the Indonesian Financial Services Authority (OJK).
Yes. Gotrade provides access to U.S. stocks from Indonesia through fully backed shares. This is facilitated through a cross-border order routing scheme for foreign stock derivative contracts (PALN), in accordance with regulations from Bappebti (the Commodity Futures Trading Regulatory Agency).
When you trade, you enter into a contract with PT Valbury Asia Futures (Valbury), a Bappebti-registered broker in Indonesia. Valbury, in turn, fully backs its contracts 1-for-1 with Alpaca Securities LLC, a FINRA-licensed broker-dealer in the United States. For every share (or fraction thereof) you hold on Gotrade, a corresponding share is held by Valbury in a separate, segregated brokerage account at Alpaca Securities LLC.
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