Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IWB vs XLY: how they differ
IWB and XLY hold 8% of their weight in the same names, and IWB returned more over the year.
iShares Russell 1000 ETF and State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, IWB and XLY hold 8% of their money in the same securities at the same weight.
| Holding | IWB | XLY |
|---|---|---|
| AMAZON.COM, INC. | 3.33% | 22.24% |
| TESLA, INC. | 1.77% | 19.66% |
| THE HOME DEPOT, INC. | 0.51% | 5.83% |
| MCDONALD'S CORPORATION | 0.28% | 4.16% |
| THE TJX COMPANIES, INC. | 0.24% | 3.93% |
| BOOKING HOLDINGS INC. | 0.20% | 3.44% |
| LOWE'S COMPANIES, INC. | 0.18% | 3.08% |
| STARBUCKS CORPORATION | 0.17% | 2.90% |
| MARRIOTT INTERNATIONAL, INC. | 0.12% | 2.02% |
| O'Reilly Automotive, Inc. | 0.11% | 1.90% |
| HILTON WORLDWIDE HOLDINGS INC. | 0.11% | 1.87% |
| DOORDASH, INC. | 0.10% | 1.74% |
| Only in IWB | Only in XLY |
|---|---|
| NVIDIA CORPORATION 6.73% | Royal Caribbean Cruises Ltd 1.97% |
| APPLE INC. 6.03% | Garmin Ltd 0.97% |
| MICROSOFT CORPORATION 4.00% | Carnival Corp Ltd 0.92% |
| ALPHABET INC. 3.00% | Aptiv PLC 0.32% |
| BROADCOM INC. 2.54% | Norwegian Cruise Line Holdings Ltd 0.24% |
| ALPHABET INC. 2.42% | |
| MICRON TECHNOLOGY, INC. 1.88% | |
| META PLATFORMS, INC. 1.79% |
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 iShares Russell 1000 ETF | XLY State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Russell 1000 | Consumer discretionary |
| Total return, 1 year | +16.7% | −4.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.8 pts | −21.6 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 91.9% | 100.0% |
| Holdings | 1024 | 47 |
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%.
XLY in plain words
XLY is an index equity fund tracking the Consumer discretionary. Over the year to Sep 11, 2026 it returned −4.1% 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 47 positions, with the top ten at 69.2%. It sat 8.9% below its high of Jan 12, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IWB or XLY?
- In the year to Sep 12, 2026, with distributions reinvested, IWB returned +16.7% and XLY returned −4.1%, so IWB returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWB or XLY?
- IWB charges 0.15% a year and XLY charges 0.08%, so XLY is cheaper. Fees come from each fund's prospectus.
- How much do IWB and XLY overlap with the S&P 500?
- By their latest filed holdings, 92% of IWB and 100% of XLY by weight is stocks the S&P 500 already holds. Between the two funds, 8% 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.
Cite this page. ETFIQ, IWB against XLY, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWB-XLY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources