Data as of Sep 21, 2026.
IBIT vs XOP: how they differ
IBIT and XOP hold 0% of their weight in the same names, and XOP returned more over the year.
iShares Bitcoin Trust ETF and State Street SPDR S&P Oil & Gas Exploration & Production ETF.
What they hold in common
By the books each fund has filed, IBIT and XOP hold 0% of their money in the same securities at the same weight.
| Only in IBIT | Only in XOP |
|---|---|
| BITCOIN 100.00% | HF SINCLAIR CORP 2.89% |
| USD CASH 0.00% | MARATHON PETROLEUM CORP 2.87% |
| VALERO ENERGY CORP 2.87% | |
| PHILLIPS 66 2.83% | |
| DELEK US HOLDINGS INC 2.80% | |
| PAR PACIFIC HOLDINGS INC 2.74% | |
| PBF ENERGY INC CLASS A 2.72% | |
| APA CORP 2.70% |
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 iShares Bitcoin Trust ETF | XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF | |
|---|---|---|
| Where it sits | Core fund | Core fund |
| Issuer | iShares | State Street |
| What it is | Holds bitcoin | Tracks the S&P Oil & Gas Exploration & Production |
| Total return, 1 year | −31.1% | +46.7% |
| S&P 500 over the same days | +16.6% | +16.6% |
| Gap to the S&P 500 | −47.6 pts | +30.1 pts |
| Expense ratio | 0.25% | 0.35% |
| Holdings | 2 | 54 |
| Net assets | $63.7bn | $4.2bn |
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.
XOP in plain words
XOP tracks the S&P Oil & Gas Exploration & Production. Over the year to Sep 18, 2026 it returned +46.7% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. It sat 28.7% below its high of Jun 23, 2014 on Sep 18, 2026.
Questions people ask
- Which returned more over the last year, IBIT or XOP?
- In the year to Sep 21, 2026, with distributions reinvested, IBIT returned −31.1% and XOP returned +46.7%, so XOP returned more.
- Which is cheaper, IBIT or XOP?
- IBIT charges 0.25% a year and XOP charges 0.35%, so IBIT 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.
Cite this page. ETFIQ, IBIT against XOP, data as of Sep 21, 2026. https://etfiq.com/compare/any/ibit-vs-xop Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources