Data as of Oct 28, 2026.

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IWB vs XLE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWB returned +13.1% to XLE's +61.2%; 3% of their weight is in the same names.

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Net assets: $49.1bn on Oct 28, 2026 for iShares Russell 1000 ETF, and $45.2bn on Oct 27, 2026 for State Street Energy Select Sector SPDR ETF.

At a glance
+13.1%
IWB total return, 1 year
+61.2%
XLE total return, 1 year
0.15%
IWB expense ratio
0.08%
XLE expense ratio

Pair scorecard

XLE costs 0.07 points a year less; their one-year returns differ by 48.1 points; IWB is 1.1 times larger.

IWB vs XLE: Differences, Returns & Fees
MeasureIWBXLE
Return
Total return, 1 year+13.1%+61.2%
Benchmark
What it tracksRussell 1000 IndexEnergy Select Sector Index
Cost and size
Expense ratio0.15%0.08%
Net assets, as of Oct 26, 2026$48.7bn$46.1bn
Holdings
Holdings in common3%
Top ten holdings, share of the fund35.3%78.1%

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

What they share

3%

By the books each fund has filed, IWB and XLE hold 3% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

3% in common

Positions both hold · largest shared weight first IWB XLE
EXXONMOBIL HOLDINGS CORP 1.04% 23.98%
CHEVRON 0.60% 18.21%
CONOCOPHILLIPS 0.25% 7.18%
MARATHON PETROLEUM 0.18% 4.67%
VALERO ENERGY CORP 0.16% 4.26%
PHILLIPS 66 0.15% 4.41%
WILLIAMS 0.13% 4.22%
EOG RESOURCES 0.12% 4.07%
SLB 0.11% 3.86%
KINDER MORGAN 0.09% 3.19%
ONEOK 0.09% 2.91%
TARGA RESOURCES 0.09% 3.12%
Only in one fund ↓
Only in IWB
NVIDIA 7.15%
APPLE 7.06%
MICROSOFT 5.56%
AMAZON.COM INC 3.46%
ALPHABET CLASS A 2.63%
BROADCOM INC 2.24%
ALPHABET CLASS C 2.12%
META PLATFORMS CLASS A 1.92%
Only in XLE
XAE ENERGY DEC26 0.01%
Check overlap with more funds →

Side by side

IWB iShares Russell 1000 ETF XLE State Street Energy Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Russell 1000 Tracks an index of Energy
Total return, 1 year +13.1% +61.2%
Its benchmark over the same days +13.2% (VONE) not measured
Gap to its benchmark −0.1 pts vs VONE not measured
Expense ratio 0.15% 0.08%
Already in the S&P 500 91.7% 99.8%
Holdings 1025 22
Net assets, IWB as of Oct 28, 2026 and XLE as of Oct 27, 2026 $49.1bn $45.2bn

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

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About each fund
IWB

IWB tracks the Russell 1000. Over the year to Oct 28, 2026 it returned +13.1% with distributions reinvested, against +13.2% for its benchmark, the Russell 1000 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,025 positions, with the top ten at 35.3%.

XLE

XLE tracks an index of Energy. Over the year to Oct 28, 2026 it returned +61.2% 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 22 positions, with the top ten at 78.1%.

Questions people ask

Which returned more over the last year, IWB or XLE?
In the year to Oct 28, 2026, with distributions reinvested, IWB returned +13.1% and XLE +61.2%.
Which is cheaper, IWB or XLE?
XLE is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IWB and XLE overlap with the S&P 500?
By their latest filed holdings, 92% of IWB and 100% of XLE by weight is stocks the S&P 500 already holds.
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ETFIQ, IWB against XLE, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwb-vs-xle

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