Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VTWO vs XLB: how they differ
VTWO and XLB hold 0% of their weight in the same names, and VTWO returned more over the year.
Vanguard Russell 2000 Index Fund and State Street(R) Materials Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, VTWO and XLB hold 0% of their money in the same securities at the same weight.
| Only in VTWO | Only in XLB |
|---|---|
| Bloom Energy Corp 1.83% | Linde PLC 14.08% |
| Credo Technology Group Holding Ltd 1.12% | Newmont Corp 5.85% |
| Sterling Infrastructure Inc 0.76% | Freeport-McMoRan Inc 5.31% |
| Fabrinet 0.69% | Corteva Inc 4.97% |
| Nextpower Inc 0.67% | Sherwin-Williams Co/The 4.95% |
| IonQ Inc 0.63% | Ecolab Inc 4.73% |
| Coeur Mining Inc 0.58% | Vulcan Materials Co 4.72% |
| TTM Technologies Inc 0.52% | CRH PLC 4.67% |
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 and May 31, 2026.
| VTWO Vanguard Russell 2000 Index Fund | XLB State Street(R) Materials Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | State Street |
| What it is | Russell 2000 | Materials |
| Total return, 1 year | +21.4% | +12.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +3.9 pts | −5.5 pts |
| Expense ratio | 0.07% | 0.08% |
| Already in the S&P 500 | 0.5% | 100.0% |
| Holdings | 1951 | 26 |
VTWO in plain words
VTWO is an index equity fund tracking the Russell 2000. Over the year to Sep 11, 2026 it returned +21.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1951 positions, with the top ten at 7.8%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
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, VTWO or XLB?
- In the year to Sep 12, 2026, with distributions reinvested, VTWO returned +21.4% and XLB returned +12.0%, so VTWO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VTWO or XLB?
- VTWO charges 0.07% a year and XLB charges 0.08%, so VTWO is cheaper. Fees come from each fund's prospectus.
- How much do VTWO and XLB overlap with the S&P 500?
- By their latest filed holdings, 0% of VTWO and 100% of XLB 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.
Cite this page. ETFIQ, VTWO against XLB, data as of Sep 12, 2026. https://etfiq.com/compare/any/VTWO-XLB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources