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

ETFIQetfiq.com · independent ETF data

IYR vs XLI: how they differ

IYR and XLI hold 0% of their weight in the same names, and XLI returned more over the year.

iShares U.S. Real Estate ETF and State Street(R) Industrial Select Sector SPDR(R) ETF.

What they hold in common

By the books each fund has filed, IYR and XLI hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in IYROnly in XLI
WELLTOWER INC. 10.88%Caterpillar Inc 8.52%
PROLOGIS, INC. 8.77%General Electric Co 6.77%
SIMON PROPERTY GROUP, INC. 4.79%GE Vernova Inc 5.48%
EQUINIX, INC. 4.58%RTX Corp 4.44%
DIGITAL REALTY TRUST, INC. 4.41%Boeing Co/The 2.96%
REALTY INCOME CORPORATION 4.29%Eaton Corp PLC 2.87%
AMERICAN TOWER CORPORATION 3.88%Union Pacific Corp 2.81%
PUBLIC STORAGE. 3.74%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 Jun 30, 2026.

IYR and XLI on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
IYR
iShares U.S. Real Estate ETF
XLI
State Street(R) Industrial Select Sector SPDR(R) ETF
Where it sitsCore index fundCore index fund
IssueriSharesState Street
What it isU.S. Real EstateIndustrials
Total return, 1 year+4.7%+14.3%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−12.8 pts−3.3 pts
Expense ratio0.37%0.08%
Already in the S&P 50080.4%100.0%
Holdings6181

IYR in plain words

IYR is an index equity fund tracking the U.S. Real Estate. Over the year to Sep 11, 2026 it returned +4.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Jun 30, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 61 positions, with the top ten at 51.5%. It sat 6.1% below its high of Jul 28, 2026 on Sep 11, 2026.

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, IYR or XLI?
In the year to Sep 12, 2026, with distributions reinvested, IYR returned +4.7% and XLI returned +14.3%, so XLI returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IYR or XLI?
IYR charges 0.37% a year and XLI charges 0.08%, so XLI is cheaper. Fees come from each fund's prospectus.
How much do IYR and XLI overlap with the S&P 500?
By their latest filed holdings, 80% of IYR 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.

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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.

IYR against XLI, 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, IYR against XLI, data as of Sep 12, 2026. https://etfiq.com/compare/any/IYR-XLI Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources