Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPYG vs XLI: how they differ
SPYG and XLI hold 7% of their weight in the same names, and SPYG returned more over the year.
State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF and State Street(R) Industrial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, SPYG and XLI hold 7% of their money in the same securities at the same weight.
| Holding | SPYG | XLI |
|---|---|---|
| Caterpillar Inc | 1.38% | 8.52% |
| GE Vernova Inc | 0.89% | 5.48% |
| RTX Corp | 0.72% | 4.44% |
| General Electric Co | 0.57% | 6.77% |
| Uber Technologies Inc | 0.41% | 2.55% |
| Vertiv Holdings Co | 0.36% | 2.23% |
| Quanta Services Inc | 0.30% | 1.88% |
| Howmet Aerospace Inc | 0.30% | 1.87% |
| Boeing Co/The | 0.21% | 2.96% |
| TransDigm Group Inc | 0.21% | 1.29% |
| Comfort Systems USA Inc | 0.20% | 1.21% |
| Parker-Hannifin Corp | 0.20% | 2.14% |
| Only in SPYG | Only in XLI |
|---|---|
| NVIDIA Corp 13.66% | Eaton Corp PLC 2.87% |
| Microsoft Corp 7.81% | Union Pacific Corp 2.81% |
| Apple Inc 5.99% | Deere & Co 2.77% |
| Alphabet Inc 5.91% | Lockheed Martin Corp 1.79% |
| Broadcom Inc 5.04% | Automatic Data Processing Inc 1.55% |
| Alphabet Inc 4.71% | CSX Corp 1.53% |
| Micron Technology Inc 3.67% | 3M Co 1.47% |
| Meta Platforms Inc 3.49% | Waste Management Inc 1.43% |
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.
| SPYG State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF | XLI State Street(R) Industrial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | State Street |
| What it is | SPDR Portfolio S&P 500 Growth | Industrials |
| Total return, 1 year | +17.9% | +14.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +0.4 pts | −3.3 pts |
| Expense ratio | 0.04% | 0.08% |
| Already in the S&P 500 | 100.0% | 100.0% |
| Holdings | 147 | 81 |
SPYG in plain words
SPYG is an index equity fund tracking the SPDR Portfolio S&P 500 Growth. Over the year to Sep 11, 2026 it returned +17.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% 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 147 positions, with the top ten at 56.4%.
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, SPYG or XLI?
- In the year to Sep 12, 2026, with distributions reinvested, SPYG returned +17.9% and XLI returned +14.3%, so SPYG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPYG or XLI?
- SPYG charges 0.04% a year and XLI charges 0.08%, so SPYG is cheaper. Fees come from each fund's prospectus.
- How much do SPYG and XLI overlap with the S&P 500?
- By their latest filed holdings, 100% of SPYG and 100% of XLI by weight is stocks the S&P 500 already holds. Between the two funds, 7% 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, SPYG against XLI, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPYG-XLI Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources