What is the S&P materials select sector index?

The S&P Materials Select Sector index comprises those companies included in the S&P 500 that are classified as members of the materials sector, with capping applied to ensure diversification among companies within the index. Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

What are materials sector stocks?

Materials sector stocks produce the core materials used by other industries. This includes the mining of raw materials as well as the manufacturing of chemicals and other man-made materials. This sector does not include companies that extract or process oil, natural gas and coal, which are grouped in the energy sector.

What are the major divisions of the materials sector?

Some of the major divisions of the materials sector include: Chemicals stocks. Chemical companies turn raw materials into chemicals that are used for other purposes, like converting nitrogen and phosphorus into chemical fertilizer. This also includes the production of industrial gases. Construction materials stocks.