Basic materials ETFs invest in the equity of companies involved with the exploration and production of raw materials.
With 15 ETFs traded in the U.S. markets, Basic Materials ETFs gather total assets under management of $8.81B. The average expense ratio is of 1.2%. Basic Materials ETFs can be found in the following asset classes:
- Fixed Income
The largest Basic Materials ETF is the Materials Select Sector SPDR Fund XLB with $4.33B in assets. In the last trailing year, the best performing Basic Materials ETF was the UYM at 49.56%. The most-recent ETF launched in the Basic Materials space was the iShares Edge MSCI Multifactor Materials ETF MATF in 05/10/16.