Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VLUE vs XLI: how they differ
VLUE and XLI hold 7% of their weight in the same names, and VLUE returned more over the year.
iShares MSCI USA Value Factor ETF and State Street(R) Industrial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, VLUE and XLI hold 7% of their money in the same securities at the same weight.
| Holding | VLUE | XLI |
|---|---|---|
| FEDEX CORPORATION | 1.69% | 1.19% |
| PACCAR INC | 0.91% | 1.10% |
| UNITED PARCEL SERVICE, INC. | 0.83% | 1.39% |
| UNITED RENTALS, INC. | 0.69% | 1.23% |
| CSX Corporation | 0.64% | 1.53% |
| L3HARRIS TECHNOLOGIES, INC. | 0.59% | 0.94% |
| WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP | 0.42% | 0.80% |
| DELTA AIR LINES, INC. | 0.29% | 1.06% |
| TEXTRON INC. | 0.30% | 0.28% |
| SNAP-ON INCORPORATED | 0.25% | 0.36% |
| FORTIVE CORPORATION | 0.21% | 0.32% |
| LEIDOS HOLDINGS, INC. | 0.18% | 0.23% |
| Only in VLUE | Only in XLI |
|---|---|
| MICRON TECHNOLOGY, INC. 11.63% | Caterpillar Inc 8.52% |
| INTEL CORPORATION 9.29% | General Electric Co 6.77% |
| CISCO SYSTEMS, INC. 4.97% | GE Vernova Inc 5.48% |
| APPLIED MATERIALS, INC. 3.67% | RTX Corp 4.44% |
| GENERAL MOTORS COMPANY 3.16% | Boeing Co/The 2.96% |
| VERIZON COMMUNICATIONS INC. 2.66% | Eaton Corp PLC 2.87% |
| AT&T INC. 2.53% | Union Pacific Corp 2.81% |
| CITIGROUP INC. 1.94% | 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 Apr 30, 2026 and Jun 30, 2026.
| VLUE iShares MSCI USA Value Factor ETF | XLI State Street(R) Industrial 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 | Industrials |
| Total return, 1 year | +69.4% | +14.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +51.9 pts | −3.3 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 96.9% | 100.0% |
| Holdings | 148 | 81 |
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%.
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, VLUE or XLI?
- In the year to Sep 12, 2026, with distributions reinvested, VLUE returned +69.4% and XLI returned +14.3%, so VLUE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VLUE or XLI?
- VLUE charges 0.15% a year and XLI charges 0.08%, so XLI is cheaper. Fees come from each fund's prospectus.
- How much do VLUE and XLI overlap with the S&P 500?
- By their latest filed holdings, 97% of VLUE 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
Where to next
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 XLI, data as of Sep 12, 2026. https://etfiq.com/compare/any/VLUE-XLI Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources