Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FENI vs XLB: how they differ
FENI and XLB hold 0% of their weight in the same names, and FENI returned more over the year.
Fidelity Enhanced International ETF and State Street(R) Materials Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, FENI and XLB hold 0% of their money in the same securities at the same weight.
| Only in FENI | Only in XLB |
|---|---|
| ASML HOLDING NV 4.11% | Linde PLC 14.08% |
| NESTLE SA 1.77% | Newmont Corp 5.85% |
| SIEMENS AG 1.63% | Freeport-McMoRan Inc 5.31% |
| TOKYO ELECTRON LTD 1.46% | Corteva Inc 4.97% |
| ABB LTD 1.34% | Sherwin-Williams Co/The 4.95% |
| HSBC HOLDINGS PLC 1.33% | Ecolab Inc 4.73% |
| IBERDROLA SA 1.23% | Vulcan Materials Co 4.72% |
| BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.22% | CRH PLC 4.67% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.
| FENI Fidelity Enhanced International ETF | XLB State Street(R) Materials Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Fidelity | State Street |
| What it is | Enhanced International | Materials |
| Total return, 1 year | +19.4% | +12.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.9 pts | −5.5 pts |
| Expense ratio | 0.28% | 0.08% |
| Already in the S&P 500 | 0.0% | 100.0% |
| Holdings | 392 | 26 |
FENI in plain words
FENI is an index equity fund tracking the Enhanced International. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 392 positions, with the top ten at 16.7%.
XLB in plain words
XLB is an index equity fund tracking the Materials. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 26 positions, with the top ten at 58.5%. It sat 5.1% below its high of Aug 26, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, FENI or XLB?
- In the year to Sep 12, 2026, with distributions reinvested, FENI returned +19.4% and XLB returned +12.0%, so FENI returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FENI or XLB?
- FENI charges 0.28% a year and XLB charges 0.08%, so XLB is cheaper. Fees come from each fund's prospectus.
- How much do FENI and XLB overlap with the S&P 500?
- By their latest filed holdings, 0% of FENI and 100% of XLB by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FENI against XLB, data as of Sep 12, 2026. https://etfiq.com/compare/any/FENI-XLB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources