This Index is primarily composed of companies involved in such industries as chemicals, construction materials, containers and packaging, metals and mining, and paper and forest products. Among its largest components are Monsanto, E.I. DuPont de Nemours & Co., and Dow Chemical Co.
Note: The Materials Select Sector SPDR was known as the Basic Industries Select Sector SPDR until June 24, 2002.
Glossary V-Z
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Volume
The total number of shares traded of a stock during a specific time period. (In this case, it is the latest trading day.) Unusually high volume days typically correspond with the announcement of company news, either positive or negative. In the absence of news, high volume can indicate institutional (or professional) buying and selling. See average volume.Back to Top
Yield
The annual rate of return on a stock as paid in dividends. Yield can calculated by dividing the latest dividend rate by the latest closing price and multiplying by 100. The latest dividend rate is the total dividends paid in the past 12 months. As a stock's price rises, its yield will go down. As a stock's price decreases, its yield will go up.Back to Top
