SPY vs XLB

SPDR S&P 500 ETF against State Street Materials Select Sector SPDR ETF — live side-by-side technical comparison.

Prices as of 2026-11-09T21:00:00+00:00 UTC · updates daily

Who leads right now

XLB leads 4 of the 7 windows we measure — over 1 month SPY is -3.3% and XLB +7.1%; over year to date SPY is +10.4% and XLB +16.7%. The SPY/XLB price ratio stands at 14.2178, below its 50-day average of 15.0424, and below the 200-day average of 14.2798. A ratio above its own average means SPY is gaining on XLB; on this reading the recent edge belongs to XLB.

SPY/XLB over the last year

SPY/XLB price ratio · dashed: its 50- and 200-day lines · ratio above its 50-day line = SPY gaining on XLB
12.6713.7714.8815.99
Both rebased to 100 on 2025-11-07
100104.2115.6125.5SPYXLB
Ask
Compare SPY and XLB: which has been stronger over the last year, and where does each stand against its 200-day average? Ask the analyst about this pair →

Performance side by side

SPYXLB
Price$752.69 $52.94
1 day +2.4%lead +1.9%
5 days +0.1%lead -1.4%
1 month -3.3% +7.1%lead
6 months +2.0% +2.6%lead
Year to date +10.4% +16.7%lead
1 year +12.2% +23.4%lead
2 years +25.8%lead +12.1%
52-week position 81% of range 86% of range
52-week range $629.28–$781.62 $42.22–$54.63
vs 50-day average below $765.35 above $50.92
vs 200-day average above $730.70 above $51.19
RSI (14) 46 59
Next earnings — —

Where each one stands

SPY — SPDR S&P 500 ETF

SPY trades at $752.69, below its 50-day average of $765.35, and above the 200-day at $730.70. It sits at 81% of its 52-week range ($629.28–$781.62); 14-day RSI is 46, in neutral territory; an average session moves it about 1.6%. For levels, the first level overhead is $756.51 (0.5% away) and the first support below is $750.00 (0.4% down). On the checklist the page runs for every asset, 3 of 6 checks read bullish — the lean is bullish.

XLB — State Street Materials Select Sector SPDR ETF

XLB trades at $52.94, above its 50-day average of $50.92, and above the 200-day at $51.19. It sits at 86% of its 52-week range ($42.22–$54.63); 14-day RSI is 59, in neutral territory; an average session moves it about 1.9%. For levels, the first level overhead is $53.90 (1.8% away) and the first support below is $52.86 (0.1% down). On the checklist the page runs for every asset, 4 of 6 checks read bullish — the lean is bullish.

Which one moves harder

XLB is the more volatile of the two — an average session moves it 1.9% against 1.6% for SPY, so an identical position size carries roughly 1.2× the daily risk.

What would change the picture

The comparison turns on those levels: SPY clearing $756.51 or losing $750.00; XLB clearing $53.90 or losing $52.86. Until one of them gives way, the relative reading above stands.

Questions people ask about SPY vs XLB

Which is performing better right now, SPY or XLB?
Over the past month SPY is -3.3% and XLB is +7.1%, so XLB is ahead on that window. Year to date the figures are +10.4% for SPY and +16.7% for XLB.
Which has done better over the last year, SPY or XLB?
Over the last year SPY is +12.2% and XLB is +23.4%, so XLB is ahead on that window. Over two years it is +25.8% against +12.1%.
Is SPY or XLB more volatile?
XLB is the more volatile of the two — an average session moves it 1.9% against 1.6% for SPY, so an identical position size carries roughly 1.2× the daily risk.
What are the key levels for SPY and XLB?
SPY: resistance $756.51, support $750.00; XLB: resistance $53.90, support $52.86. Levels come from recent swing zones and round numbers, recomputed daily.
What does the SPY/XLB ratio mean?
It is simply SPY's price divided by XLB's — 14.2178 today. When the ratio rises, SPY is outperforming; when it falls, XLB is. Comparing it to its own 50- and 200-day averages shows whether the current leadership is new or long-standing.

Full technical briefs

SPY →
SPDR S&P 500 ETF
Full technical brief: trend, levels, chart, news
XLB →
State Street Materials Select Sector SPDR ETF
Full technical brief: trend, levels, chart, news

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