Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VLUE vs XLB: how they differ
VLUE and XLB hold 1% of their weight in the same names, and VLUE returned more over the year.
iShares MSCI USA Value Factor ETF and State Street(R) Materials Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, VLUE and XLB hold 1% of their money in the same securities at the same weight.
| Holding | VLUE | XLB |
|---|---|---|
| NEWMONT CORPORATION | 0.64% | 5.85% |
| NUCOR CORPORATION | 0.38% | 3.88% |
| STEEL DYNAMICS, INC. | 0.17% | 3.73% |
| CF INDUSTRIES HOLDINGS, INC. | 0.12% | 2.23% |
| INTERNATIONAL PAPER COMPANY | 0.06% | 2.70% |
| INTERNATIONAL FLAVORS & FRAGRANCES INC. | 0.06% | 2.71% |
| Only in VLUE | Only in XLB |
|---|---|
| MICRON TECHNOLOGY, INC. 11.63% | Linde PLC 14.08% |
| INTEL CORPORATION 9.29% | Freeport-McMoRan Inc 5.31% |
| CISCO SYSTEMS, INC. 4.97% | Corteva Inc 4.97% |
| APPLIED MATERIALS, INC. 3.67% | Sherwin-Williams Co/The 4.95% |
| GENERAL MOTORS COMPANY 3.16% | Ecolab Inc 4.73% |
| VERIZON COMMUNICATIONS INC. 2.66% | Vulcan Materials Co 4.72% |
| AT&T INC. 2.53% | CRH PLC 4.67% |
| CITIGROUP INC. 1.94% | Air Products and Chemicals Inc 4.63% |
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 Apr 30, 2026 and Jun 30, 2026.
| VLUE iShares MSCI USA Value Factor ETF | XLB State Street(R) Materials Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | MSCI USA Value Factor | Materials |
| Total return, 1 year | +69.4% | +12.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +51.9 pts | −5.5 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 96.9% | 100.0% |
| Holdings | 148 | 26 |
VLUE in plain words
VLUE is an index equity fund tracking the MSCI USA Value Factor. Over the year to Sep 11, 2026 it returned +69.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 43.6%.
XLB in plain words
XLB is an index equity fund tracking the Materials. Over the year to Sep 11, 2026 it returned +12.0% 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 26 positions, with the top ten at 58.5%. It sat 5.1% below its high of Aug 26, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, VLUE or XLB?
- In the year to Sep 12, 2026, with distributions reinvested, VLUE returned +69.4% and XLB returned +12.0%, so VLUE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VLUE or XLB?
- VLUE charges 0.15% a year and XLB charges 0.08%, so XLB is cheaper. Fees come from each fund's prospectus.
- How much do VLUE and XLB overlap with the S&P 500?
- By their latest filed holdings, 97% of VLUE and 100% of XLB by weight is stocks the S&P 500 already holds. Between the two funds, 1% 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, VLUE against XLB, data as of Sep 12, 2026. https://etfiq.com/compare/any/VLUE-XLB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources