Which returned more over the last year, ACWI or XLB?

In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and XLB +18.5%.

Which is cheaper, ACWI or XLB?

XLB is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do ACWI and XLB overlap with the S&P 500?

By their latest filed holdings, 61% of ACWI and 100% of XLB by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

ACWI vs XLB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, ACWI returned +13.4% to XLB's +18.5%; 1% of their weight is in the same names.

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Net assets: $33.0bn on Oct 28, 2026 for iShares MSCI ACWI ETF, and $8.1bn on Oct 27, 2026 for State Street Materials Select Sector SPDR ETF.

ACWI on its own →XLB on its own →

At a glance

+13.4%

ACWI total return, 1 year

+18.5%

XLB total return, 1 year

0.32%

ACWI expense ratio

0.08%

XLB expense ratio

Pair scorecard

XLB costs 0.24 points a year less; their one-year returns differ by 5.1 points; ACWI is 4.1 times larger.

ACWI vs XLB: Differences, Returns & Fees
Measure	ACWI	XLB
Return
Measure	ACWI	XLB
Total return, 1 year	+13.4%	+18.5%
Benchmark
Measure	ACWI	XLB
What it tracks	MSCI ACWI	Materials Select Sector Index
Cost and size
Measure	ACWI	XLB
Expense ratio	0.32%	0.08%
Net assets, as of Oct 26, 2026	$32.6bn	$8.0bn
Holdings
Measure	ACWI	XLB
Holdings in common	1%
Top ten holdings, share of the fund	24.9%	58.5%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, ACWI and XLB hold 1% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

1% in common

Positions both hold · largest shared weight first ACWI XLB

LINDE PLC 0.23% 12.96%

NEWMONT 0.12% 6.56%

FREEPORT MCMORAN INC 0.09% 5.23%

ECOLAB 0.07% 4.98%

SHERWIN WILLIAMS 0.07% 4.73%

AIR PRODUCTS AND CHEMICALS 0.06% 4.84%

NUCOR 0.06% 4.89%

CRH PUBLIC LIMITED PLC 0.05% 4.47%

MARTIN MARIETTA MATERIALS 0.03% 4.62%

PPG INDUSTRIES 0.03% 3.85%

STEEL DYNAMICS INC 0.03% 4.77%

VULCAN MATERIALS 0.03% 4.89%

Only in one fund ↓

Only in ACWI

APPLE 4.97%

NVIDIA 4.89%

MICROSOFT 3.66%

AMAZON.COM INC 2.39%

ALPHABET CLASS A 1.83%

TAIWAN SEMICONDUCTOR MANUFACTURING 1.77%

BROADCOM INC 1.51%

ALPHABET CLASS C 1.44%

Only in XLB

AVERY DENNISON CORP 2.10%

ALBEMARLE CORP 1.78%

MOSAIC CO 0.91%

XAB MATERIALS DEC26 0.00%

Check overlap with more funds →

Side by side

ACWI iShares MSCI ACWI ETF XLB State Street Materials Select Sector SPDR ETF

Where it sits Stock ETF Stock ETF

Issuer iShares State Street

What it is Tracks the MSCI ACWI Tracks an index of Materials

Total return, 1 year +13.4% +18.5%

Expense ratio 0.32% 0.08%

Already in the S&P 500 60.9% 99.8%

Holdings 2197 25

Net assets, ACWI as of Oct 28, 2026 and XLB as of Oct 27, 2026 $33.0bn $8.1bn

ACWI and XLB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

ACWI

ACWI tracks the MSCI ACWI. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested. The prospectus expense ratio is 0.32% a year. By its holdings published by its issuer for Oct 27, 2026, 61% of the fund by weight is stocks the S&P 500 also holds, across 2,197 positions, with the top ten at 24.9%.

XLB

XLB tracks an index of Materials. Over the year to Oct 28, 2026 it returned +18.5% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 25 positions, with the top ten at 58.5%.

Questions people ask

Which returned more over the last year, ACWI or XLB?: In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and XLB +18.5%.
Which is cheaper, ACWI or XLB?: XLB is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ACWI and XLB overlap with the S&P 500?: By their latest filed holdings, 61% of ACWI and 100% of XLB by weight is stocks the S&P 500 already holds.

Other comparisons

ACWI vs VPU ACWI vs VDC ACWI vs VDE ACWI vs VOX VT vs XLB URTH vs XLB IDEV vs XLB VGK vs XLB

Where to next

ACWI on its own →XLB on its own →Hold both: look the portfolio through →Rankings →ACWI dividend history →ACWI holdings →XLB dividend history →XLB holdings →Standards and sources →

Sources and dates

ACWI filings on SEC EDGAR ↗

ACWI prospectus with the expense ratio (SEC) ↗

iShares page for ACWI ↗

XLB filings on SEC EDGAR ↗

XLB prospectus with the expense ratio (SEC) ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, ACWI against XLB, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwi-vs-xlb

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.