Data as of Oct 28, 2026.
IWC vs XLI: Differences, Returns & Fees
Over the year to Oct 28, 2026, IWC returned +16.5% to XLI's +10.2%; 0% of their weight is in the same names.
askIQ about this page
askIQ about IWC and XLI
Net assets on Oct 27, 2026: $1.2bn for iShares Micro-Cap ETF and $30.8bn for State Street Industrial Select Sector SPDR ETF.
Pair scorecard
XLI costs 0.52 points a year less; their one-year returns differ by 6.3 points; XLI is far larger, $30.8bn against $1.2bn.
| Measure | IWC | XLI |
|---|---|---|
| Return | ||
| Total return, 1 year | +16.5% | +10.2% |
| Drawdown | ||
| Below its high | 9.5%, high on Aug 14, 2026 | 9.4%, high on Aug 14, 2026 |
| Benchmark | ||
| What it tracks | Russell Microcap Index | Industrial Select Sector Index |
| Cost and size | ||
| Expense ratio | 0.60% | 0.08% |
| Net assets, as of Oct 27, 2026 | $1.2bn | $30.8bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 5.9% | 37.8% |
Holdings in common uses holdings dated Oct 27, 2026. Method
What they share
By the books each fund has filed, IWC and XLI hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
IWC and XLI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
Over the year to Oct 28, 2026 it returned +16.5% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000 Index.
IWC tracks the Russell Microcap. The prospectus expense ratio is 0.60% 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 1,365 positions, with the top ten at 5.9%. It sat 9.5% below its high of Aug 14, 2026 on Oct 28, 2026.
XLI
XLI tracks an index of Industrials. Over the year to Oct 28, 2026 it returned +10.2% with distributions reinvested, against +13.6% for its benchmark, the S&P 500 Index. 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 84 positions, with the top ten at 37.8%. It sat 9.4% below its high of Aug 14, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, IWC or XLI?
- In the year to Oct 28, 2026, with distributions reinvested, IWC returned +16.5% and XLI +10.2%.
- Which is cheaper, IWC or XLI?
- XLI is cheaper, by 0.52 percentage points a year. That is about $52 on $10,000 held for a year. Fees come from each fund's prospectus.
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, IWC against XLI, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwc-vs-xli
ETFIQ. (Oct 28, 2026). IWC against XLI. Retrieved from https://etfiq.com/compare/any/iwc-vs-xli
[IWC against XLI (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/iwc-vs-xli)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.