Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VBK vs XLI: how they differ
VBK and XLI hold 2% of their weight in the same names.
Vanguard Small-Cap Growth Index Fund and State Street(R) Industrial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, VBK and XLI hold 2% of their money in the same securities at the same weight.
| Holding | VBK | XLI |
|---|---|---|
| EMCOR Group Inc | 0.52% | 0.64% |
| Lennox International Inc | 0.51% | 0.32% |
| Generac Holdings Inc | 0.49% | 0.30% |
| Nordson Corp | 0.45% | 0.28% |
| Hubbell Inc | 0.20% | 0.48% |
| A O Smith Corp | 0.20% | 0.12% |
| Only in VBK | Only in XLI |
|---|---|
| Credo Technology Group Holding Ltd 1.27% | Caterpillar Inc 8.52% |
| REVOLUTION Medicines Inc 1.07% | General Electric Co 6.77% |
| Astera Labs Inc 1.05% | GE Vernova Inc 5.48% |
| Natera Inc 1.04% | RTX Corp 4.44% |
| Twilio Inc 0.88% | Boeing Co/The 2.96% |
| Casey's General Stores Inc 0.83% | Eaton Corp PLC 2.87% |
| Carpenter Technology Corp 0.82% | Union Pacific Corp 2.81% |
| Curtiss-Wright Corp 0.79% | 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.
| VBK Vanguard Small-Cap Growth Index Fund | XLI State Street(R) Industrial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | State Street |
| What it is | Small-Cap Growth | Industrials |
| Total return, 1 year | +13.8% | +14.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −3.7 pts | −3.3 pts |
| Expense ratio | 0.05% | 0.08% |
| Already in the S&P 500 | 10.2% | 100.0% |
| Holdings | 545 | 81 |
VBK in plain words
VBK is an index equity fund tracking the Small-Cap Growth. Over the year to Sep 11, 2026 it returned +13.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 10% of the fund by weight is stocks the S&P 500 also holds, across 545 positions, with the top ten at 9.3%. It sat 7.0% below its high of Aug 17, 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, VBK or XLI?
- In the year to Sep 12, 2026, with distributions reinvested, VBK returned +13.8% and XLI returned +14.3%, so XLI returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VBK or XLI?
- VBK charges 0.05% a year and XLI charges 0.08%, so VBK is cheaper. Fees come from each fund's prospectus.
- How much do VBK and XLI overlap with the S&P 500?
- By their latest filed holdings, 10% of VBK and 100% of XLI 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.
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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, VBK against XLI, data as of Sep 12, 2026. https://etfiq.com/compare/any/VBK-XLI Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources