Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

IWB vs XLRE: how they differ

IWB and XLRE hold 2% of their weight in the same names, and IWB returned more over the year.

iShares Russell 1000 ETF and State Street(R) Real Estate Select Sector SPDR(R) ETF.

What they hold in common

By the books each fund has filed, IWB and XLRE hold 2% of their money in the same securities at the same weight.

Positions IWB and XLRE both hold, largest shared weight first
HoldingIWBXLRE
WELLTOWER INC.0.23%11.07%
PROLOGIS, INC.0.18%8.72%
EQUINIX, INC.0.15%7.10%
AMERICAN TOWER CORPORATION0.11%5.26%
SIMON PROPERTY GROUP, INC.0.10%5.01%
DIGITAL REALTY TRUST, INC.0.09%4.55%
REALTY INCOME CORPORATION0.08%4.57%
PUBLIC STORAGE.0.07%4.51%
VENTAS, INC.0.06%4.50%
CBRE GROUP, INC.0.06%4.11%
IRON MOUNTAIN INCORPORATED0.05%3.91%
CROWN CASTLE INC.0.05%3.44%
Largest positions each one holds and the other does not
Only in IWBOnly in XLRE
NVIDIA CORPORATION 6.73%
APPLE INC. 6.03%
MICROSOFT CORPORATION 4.00%
AMAZON.COM, INC. 3.33%
ALPHABET INC. 3.00%
BROADCOM INC. 2.54%
ALPHABET INC. 2.42%
MICRON TECHNOLOGY, INC. 1.88%

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.

IWB and XLRE on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
IWB
iShares Russell 1000 ETF
XLRE
State Street(R) Real Estate Select Sector SPDR(R) ETF
Where it sitsCore index fundCore index fund
IssueriSharesState Street
What it isRussell 1000Real estate
Total return, 1 year+16.7%+5.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−0.8 pts−11.9 pts
Expense ratio0.15%0.08%
Already in the S&P 50091.9%100.0%
Holdings102431

IWB in plain words

IWB is an index equity fund tracking the Russell 1000. Over the year to Sep 11, 2026 it returned +16.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1024 positions, with the top ten at 33.5%.

XLRE in plain words

XLRE is an index equity fund tracking the Real estate. Over the year to Sep 11, 2026 it returned +5.6% 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 31 positions, with the top ten at 59.4%. It sat 5.6% below its high of Jul 28, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, IWB or XLRE?
In the year to Sep 12, 2026, with distributions reinvested, IWB returned +16.7% and XLRE returned +5.6%, so IWB returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IWB or XLRE?
IWB charges 0.15% a year and XLRE charges 0.08%, so XLRE is cheaper. Fees come from each fund's prospectus.
How much do IWB and XLRE overlap with the S&P 500?
By their latest filed holdings, 92% of IWB and 100% of XLRE by weight is stocks the S&P 500 already holds. Between the two funds, 2% of their books are the same securities at the same weight.

Other comparisons

Where to next

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.

IWB against XLRE, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IWB against XLRE, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWB-XLRE Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources