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After a hot start to 2021, concerns over the delta variant of COVID-19 have weighed on materials sector stocks in the past three months. In fact, over that time, the Materials Select Sector SPDR Fund (NYSE:XLB) has a negative total return of 2.8% compared to a positive total return of 7.2% for the SPDR S&P 500 ETF Trust (NYSE:SPY).
...read full article on Benzinga