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

In the year to Sep 21, 2026, with distributions reinvested, IBIT returned −31.1% and XLB returned +12.0%, so XLB returned more.

Which is cheaper, IBIT or XLB?

IBIT charges 0.25% a year and XLB charges 0.08%, so XLB is cheaper. Fees come from each fund's prospectus.

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

IBIT vs XLB: how they differ

IBIT and XLB hold 0% of their weight in the same names, and XLB returned more over the year.

iShares Bitcoin Trust ETF and State Street Materials Select Sector SPDR ETF.

What they hold in common

By the books each fund has filed, IBIT and XLB hold 0% of their money in the same securities at the same weight.

Only in each
Only in IBIT	Only in XLB
BITCOIN 100.00%	LINDE PLC 11.58%
USD CASH 0.00%	NEWMONT CORP 7.10%
	FREEPORT MCMORAN INC 5.61%
	SHERWIN WILLIAMS CO/THE 4.60%
	ECOLAB INC 4.55%
	STEEL DYNAMICS INC 4.49%
	MARTIN MARIETTA MATERIALS 4.45%
	CRH PLC 4.43%

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 Sep 18, 2026.

IBIT and XLB on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
	IBIT iShares Bitcoin Trust ETF	XLB State Street Materials Select Sector SPDR ETF
Where it sits	Core fund	Core fund
Issuer	iShares	State Street
What it is	Holds bitcoin	Tracks an index of Materials
Total return, 1 year	−31.1%	+12.0%
S&P 500 over the same days	+16.6%	+16.6%
Gap to the S&P 500	−47.6 pts	−4.5 pts
Expense ratio	0.25%	0.08%
Holdings	2	28
Net assets	$63.7bn	$8.1bn

IBIT in plain words

IBIT holds bitcoin. Over the year to Sep 18, 2026 it returned −31.1% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. It sat 35.5% below its high of Oct 6, 2025 on Sep 18, 2026.

XLB in plain words

XLB tracks an index of Materials. Over the year to Sep 18, 2026 it returned +12.0% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Sep 18, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 28 positions, with the top ten at 55.7%. It sat 6.9% below its high of Aug 26, 2026 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, IBIT or XLB?: In the year to Sep 21, 2026, with distributions reinvested, IBIT returned −31.1% and XLB returned +12.0%, so XLB returned more.
Which is cheaper, IBIT or XLB?: IBIT charges 0.25% a year and XLB charges 0.08%, so XLB is cheaper. Fees come from each fund's prospectus.

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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.

IBIT against XLB, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IBIT against XLB, data as of Sep 21, 2026. https://etfiq.com/compare/any/ibit-vs-xlb Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources