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

In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and XLB +18.5%.

Which is cheaper, IVV or XLB?

IVV is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.

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

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

Data as of Oct 28, 2026.

Across categories

IVV vs XLB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IVV returned +13.7% to XLB's +18.5%; 2% of their weight is in the same names.

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Net assets on Oct 27, 2026: $885.1bn for iShares Core S&P 500 ETF and $8.1bn for State Street Materials Select Sector SPDR ETF.

IVV on its own →XLB on its own →

At a glance

+13.7%

IVV total return, 1 year

+18.5%

XLB total return, 1 year

0.03%

IVV expense ratio

0.08%

XLB expense ratio

Pair scorecard

IVV costs 0.05 points a year less; their one-year returns differ by 4.8 points; IVV is far larger, $885.1bn against $8.1bn.

IVV vs XLB: Differences, Returns & Fees
Measure	IVV	XLB
Return
Measure	IVV	XLB
Total return, 1 year	+13.7%	+18.5%
Benchmark
Measure	IVV	XLB
What it tracks	S&P 500	Materials Select Sector Index
Cost and size
Measure	IVV	XLB
Expense ratio	0.03%	0.08%
Net assets, as of Oct 27, 2026	$885.1bn	$8.1bn
Holdings
Measure	IVV	XLB
Holdings in common	2%
Top ten holdings, share of the fund	38.1%	58.5%

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

What they share

By the books each fund has filed, IVV and XLB hold 2% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

2% in common

Positions both hold · largest shared weight first IVV XLB

LINDE PLC 0.35% 12.96%

NEWMONT 0.18% 6.56%

FREEPORT MCMORAN INC 0.14% 5.23%

SHERWIN WILLIAMS 0.11% 4.73%

ECOLAB 0.11% 4.98%

AIR PRODUCTS AND CHEMICALS 0.10% 4.84%

NUCOR 0.09% 4.89%

CRH PUBLIC LIMITED PLC 0.09% 4.47%

VULCAN MATERIALS 0.05% 4.89%

STEEL DYNAMICS INC 0.05% 4.77%

MARTIN MARIETTA MATERIALS 0.04% 4.62%

PPG INDUSTRIES 0.04% 3.85%

Only in one fund ↓

Only in IVV

NVIDIA 7.92%

APPLE 7.61%

MICROSOFT 5.93%

AMAZON.COM INC 3.73%

ALPHABET CLASS A 2.83%

BROADCOM INC 2.45%

ALPHABET CLASS C 2.26%

META PLATFORMS CLASS A 2.05%

Only in XLB

XAB MATERIALS DEC26 0.00%

Check overlap with more funds →

Side by side

IVV iShares Core S&P 500 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 S&P 500 Tracks an index of Materials

Total return, 1 year +13.7% +18.5%

Its benchmark over the same days +13.6% (SPY) not measured

Gap to its benchmark +0.1 pts vs SPY not measured

Expense ratio 0.03% 0.08%

Already in the S&P 500 99.8% 99.8%

Holdings 505 25

Net assets, as of Oct 27, 2026 $885.1bn $8.1bn

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

Alert

About each fund

IVV

IVV tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.6% for its benchmark, the S&P 500. The prospectus expense ratio is 0.03% 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 505 positions, with the top ten at 38.1%.

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, IVV or XLB?: In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and XLB +18.5%.
Which is cheaper, IVV or XLB?: IVV is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IVV and XLB overlap with the S&P 500?: By their latest filed holdings, 100% of IVV and 100% of XLB by weight is stocks the S&P 500 already holds.

Other comparisons

IVV vs XHB IVV vs XLV IVV vs XLF IVV vs VPU SPY vs XLB VOO vs XLB VTI vs XLB SPYM vs XLB

Where to next

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

Sources and dates

IVV filings on SEC EDGAR ↗

IVV prospectus with the expense ratio (SEC) ↗

iShares page for IVV ↗

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

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