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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

XHB vs XLI: how they differ

XHB and XLI hold 5% of their weight in the same names, and XLI returned more over the year.

State Street(R) SPDR(R) S&P(R) Homebuilders ETF and State Street(R) Industrial Select Sector SPDR(R) ETF.

What they hold in common

By the books each fund has filed, XHB and XLI hold 5% of their money in the same securities at the same weight.

Positions XHB and XLI both hold, largest shared weight first
HoldingXHBXLI
Trane Technologies PLC3.25%1.89%
Johnson Controls International plc3.11%1.55%
Carrier Global Corp3.20%0.99%
Lennox International Inc3.37%0.32%
Masco Corp3.41%0.29%
Allegion plc3.22%0.21%
Builders FirstSource Inc3.56%0.17%
Largest positions each one holds and the other does not
Only in XHBOnly in XLI
Owens Corning 4.10%Caterpillar Inc 8.52%
Advanced Drainage Systems Inc 3.60%General Electric Co 6.77%
KB Home 3.56%GE Vernova Inc 5.48%
Meritage Homes Corp 3.53%RTX Corp 4.44%
Toll Brothers Inc 3.52%Boeing Co/The 2.96%
Installed Building Products Inc 3.49%Eaton Corp PLC 2.87%
PulteGroup Inc 3.44%Union Pacific Corp 2.81%
Somnigroup International Inc 3.40%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.

XHB and XLI on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
XHB
State Street(R) SPDR(R) S&P(R) Homebuilders ETF
XLI
State Street(R) Industrial Select Sector SPDR(R) ETF
Where it sitsCore index fundCore index fund
IssuerState StreetState Street
What it isSPDR S&P HomebuildersIndustrials
Total return, 1 year−16.6%+14.3%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−34.1 pts−3.3 pts
Expense ratio0.35%0.08%
Already in the S&P 50045.7%100.0%
Holdings3581

XHB in plain words

XHB is an index equity fund tracking the SPDR S&P Homebuilders. Over the year to Sep 11, 2026 it returned −16.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 46% of the fund by weight is stocks the S&P 500 also holds, across 35 positions, with the top ten at 35.6%. It sat 20.6% below its high of Oct 18, 2024 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, XHB or XLI?
In the year to Sep 12, 2026, with distributions reinvested, XHB returned −16.6% and XLI returned +14.3%, so XLI returned more. One year is one year; the longer windows are in the table.
Which is cheaper, XHB or XLI?
XHB charges 0.35% a year and XLI charges 0.08%, so XLI is cheaper. Fees come from each fund's prospectus.
How much do XHB and XLI overlap with the S&P 500?
By their latest filed holdings, 46% of XHB and 100% of XLI by weight is stocks the S&P 500 already holds. Between the two funds, 5% 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.

XHB against XLI, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, XHB against XLI, data as of Sep 12, 2026. https://etfiq.com/compare/any/XHB-XLI Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources