Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IWM vs XOP: how they differ
IWM and XOP hold 2% of their weight in the same names, and XOP returned more over the year.
iShares Russell 2000 ETF and State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF.
What they hold in common
By the books each fund has filed, IWM and XOP hold 2% of their money in the same securities at the same weight.
| Holding | IWM | XOP |
|---|---|---|
| SM Energy Co. | 0.20% | 2.16% |
| Magnolia Oil & Gas Corp. | 0.15% | 2.50% |
| CNX Resources Corp. | 0.14% | 2.78% |
| Murphy Oil Corp. | 0.14% | 2.22% |
| PBF Energy, Inc. | 0.14% | 2.91% |
| California Resources Corp. | 0.12% | 2.44% |
| Delek US Holdings, Inc. | 0.10% | 2.81% |
| Par Pacific Holdings, Inc. | 0.09% | 2.65% |
| Gulfport Energy Corp. | 0.08% | 2.43% |
| Crescent Energy, Inc. | 0.08% | 2.28% |
| Calumet, Inc. | 0.08% | 2.24% |
| Northern Oil & Gas, Inc. | 0.06% | 1.88% |
| Only in IWM | Only in XOP |
|---|---|
| Moog, Inc. 0.38% | Texas Pacific Land Corp 3.17% |
| Hut 8 Corp. 0.37% | Expand Energy Corp 2.80% |
| Viasat, Inc. 0.35% | EQT Corp 2.75% |
| BrightSpring Health Services, Inc. 0.35% | Valero Energy Corp 2.75% |
| Cytokinetics, Inc. 0.35% | Antero Resources Corp 2.68% |
| MaxLinear, Inc. 0.34% | HF Sinclair Corp 2.68% |
| Argan, Inc. 0.34% | Marathon Petroleum Corp 2.64% |
| UMB Financial Corp. 0.33% | Range Resources Corp 2.59% |
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.
| IWM iShares Russell 2000 ETF | XOP State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Russell 2000 | SPDR S&P Oil & Gas Exploration & Production |
| Total return, 1 year | +21.2% | +52.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +3.7 pts | +34.9 pts |
| Expense ratio | 0.19% | 0.35% |
| Holdings | 2014 | 51 |
IWM in plain words
IWM is an index equity fund tracking the Russell 2000. Over the year to Sep 11, 2026 it returned +21.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.19% 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 2014 positions, with the top ten at 3.4%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
XOP in plain words
XOP is a commodity fund tracking the SPDR S&P Oil & Gas Exploration & Production. Over the year to Sep 11, 2026 it returned +52.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. It sat 26.8% below its high of Jun 23, 2014 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IWM or XOP?
- In the year to Sep 12, 2026, with distributions reinvested, IWM returned +21.2% and XOP returned +52.4%, so XOP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWM or XOP?
- IWM charges 0.19% a year and XOP charges 0.35%, so IWM is cheaper. Fees come from each fund's prospectus.
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, IWM against XOP, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWM-XOP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources