Late-Cycle Fervor Lifts Leveraged Materials ETF

It might not be getting the credit it deserves, but the Materials Select Sector SPDR (NYSEArca: XLB) is up 6.6% this year, making it the second-best of the nine sector SPDRs behind only the Health Care Select Sector SPDR (NYSEArca: XLV). What is good for XLB is proving to be great for its...