Basic materials ETFs invest in the equity of companies involved with the exploration and production of raw materials.
With 14 ETFs traded in the U.S. markets, Basic Materials ETFs gather total assets under management of $8.80B. The average expense ratio is 0.51%. Basic Materials ETFs can be found in the following asset classes:
The largest Basic Materials ETF is the Materials Select Sector SPDR Fund XLB with $4.28B in assets. In the last trailing year, the best performing Basic Materials ETF was the PSCM at 18.84%. The most-recent ETF launched in the Basic Materials space was the John Hancock Multifactor Materials ETF JHMA in 03/28/16.