Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IEFA vs XLI: how they differ
IEFA and XLI hold 0% of their weight in the same names, and IEFA returned more over the year.
iShares Core MSCI EAFE ETF and State Street(R) Industrial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, IEFA and XLI hold 0% of their money in the same securities at the same weight.
| Only in IEFA | Only in XLI |
|---|---|
| ASML Holding N.V. 2.23% | Caterpillar Inc 8.52% |
| HSBC HOLDINGS PLC 1.25% | General Electric Co 6.77% |
| ASTRAZENECA PLC 1.17% | GE Vernova Inc 5.48% |
| Novartis AG 1.11% | RTX Corp 4.44% |
| Nestle S.A. 1.03% | Boeing Co/The 2.96% |
| SHELL PLC 1.03% | Eaton Corp PLC 2.87% |
| Siemens Aktiengesellschaft 0.90% | Union Pacific Corp 2.81% |
| COMMONWEALTH BANK OF AUSTRALIA 0.84% | Deere & Co 2.77% |
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 Apr 30, 2026 and Jun 30, 2026.
| IEFA iShares Core MSCI EAFE ETF | XLI State Street(R) Industrial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Core MSCI EAFE | Industrials |
| Total return, 1 year | +18.0% | +14.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +0.5 pts | −3.3 pts |
| Expense ratio | 0.07% | 0.08% |
| Already in the S&P 500 | 0.1% | 100.0% |
| Holdings | 2632 | 81 |
IEFA in plain words
IEFA is an index equity fund tracking the Core MSCI EAFE. Over the year to Sep 11, 2026 it returned +18.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2632 positions, with the top ten at 11.5%.
XLI in plain words
XLI is an index equity fund tracking the Industrials. Over the year to Sep 11, 2026 it returned +14.3% 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 81 positions, with the top ten at 41.4%. It sat 7.6% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IEFA or XLI?
- In the year to Sep 12, 2026, with distributions reinvested, IEFA returned +18.0% and XLI returned +14.3%, so IEFA returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IEFA or XLI?
- IEFA charges 0.07% a year and XLI charges 0.08%, so IEFA is cheaper. Fees come from each fund's prospectus.
- How much do IEFA and XLI overlap with the S&P 500?
- By their latest filed holdings, 0% of IEFA and 100% of XLI 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.
Other comparisons
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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, IEFA against XLI, data as of Sep 12, 2026. https://etfiq.com/compare/any/IEFA-XLI Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources