Which returned more over the last year, IWF or XLI?

In the year to Oct 28, 2026, with distributions reinvested, IWF returned +0.9% and XLI +10.2%.

Which is cheaper, IWF or XLI?

XLI is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do IWF and XLI overlap with the S&P 500?

By their latest filed holdings, 94% of IWF and 100% of XLI by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

IWF vs XLI: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWF returned +0.9% to XLI's +10.2%; 6% of their weight is in the same names.

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Net assets on Oct 27, 2026: $124.7bn for iShares Russell 1000 Growth ETF and $30.8bn for State Street Industrial Select Sector SPDR ETF.

IWF on its own →XLI on its own →

At a glance

+0.9%

IWF total return, 1 year

+10.2%

XLI total return, 1 year

0.18%

IWF expense ratio

0.08%

XLI expense ratio

Pair scorecard

XLI costs 0.10 points a year less; their one-year returns differ by 9.3 points; IWF is 4.0 times larger.

IWF vs XLI: Differences, Returns & Fees
Measure	IWF	XLI
Return
Measure	IWF	XLI
Total return, 1 year	+0.9%	+10.2%
Drawdown
Measure	IWF	XLI
Below its high	4.8%, high on Oct 6, 2026	9.4%, high on Aug 14, 2026
Benchmark
Measure	IWF	XLI
What it tracks	Russell 1000 Growth Index	Industrial Select Sector Index
Cost and size
Measure	IWF	XLI
Expense ratio	0.18%	0.08%
Net assets, as of Oct 27, 2026	$124.7bn	$30.8bn
Holdings
Measure	IWF	XLI
Holdings in common	6%
Top ten holdings, share of the fund	57.5%	37.8%

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

What they share

By the books each fund has filed, IWF and XLI hold 6% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

6% in common

Positions both hold · largest shared weight first IWF XLI

CATERPILLAR INC 0.97% 6.14%

GE AEROSPACE 0.93% 5.79%

GE VERNOVA 0.72% 4.47%

LOCKHEED MARTIN 0.38% 2.37%

TRANE TECHNOLOGIES PLC 0.31% 1.90%

QUANTA SERVICES INC 0.26% 1.63%

BOEING 0.25% 2.49%

VERTIV HOLDINGS CLASS A 0.24% 1.50%

HOWMET AEROSPACE 0.23% 1.43%

CINTAS 0.22% 1.39%

BLOOM ENERGY CLASS A 0.18% 1.21%

WW GRAINGER INC 0.15% 1.09%

Only in one fund ↓

Only in IWF

NVIDIA 15.30%

APPLE 8.18%

MICROSOFT 5.94%

ALPHABET CLASS A 5.62%

BROADCOM INC 4.79%

ALPHABET CLASS C 4.53%

TESLA INC 3.58%

META PLATFORMS CLASS A 3.36%

Only in XLI

RTX CORP 4.91%

DEERE + CO 3.01%

PARKER HANNIFIN CORP 2.13%

CSX CORP 1.81%

EMERSON ELECTRIC CO 1.74%

GENERAL DYNAMICS CORP 1.69%

UNITED PARCEL SERVICE CL B 1.49%

NORFOLK SOUTHERN CORP 1.43%

Check overlap with more funds →

Side by side

IWF iShares Russell 1000 Growth ETF XLI State Street Industrial Select Sector SPDR ETF

Where it sits Stock ETF Stock ETF

Issuer iShares State Street

What it is Tracks the Russell 1000 growth Tracks an index of Industrials

Total return, 1 year +0.9% +10.2%

Its benchmark over the same days +1.1% (VONG) +13.6% (SPY)

Gap to its benchmark −0.2 pts vs VONG −3.4 pts vs SPY

Expense ratio 0.18% 0.08%

Already in the S&P 500 93.5% 99.9%

Holdings 374 84

Net assets, as of Oct 27, 2026 $124.7bn $30.8bn

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

Alert

About each fund

IWF

IWF tracks the Russell 1000 growth. Over the year to Oct 28, 2026 it returned +0.9% with distributions reinvested, against +1.1% for its benchmark, the Russell 1000 Growth Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 374 positions, with the top ten at 57.5%. It sat 4.8% below its high of Oct 6, 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, IWF or XLI?: In the year to Oct 28, 2026, with distributions reinvested, IWF returned +0.9% and XLI +10.2%.
Which is cheaper, IWF or XLI?: XLI is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IWF and XLI overlap with the S&P 500?: By their latest filed holdings, 94% of IWF and 100% of XLI by weight is stocks the S&P 500 already holds.

Other comparisons

IWF vs XLF IWF vs XLP IWF vs SCHH IWF vs XLB QQQM vs XLI VUG vs XLI QQQ vs XLI SCHG vs XLI

Where to next

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

Sources and dates

IWF filings on SEC EDGAR ↗

IWF prospectus with the expense ratio (SEC) ↗

iShares page for IWF ↗

XLI filings on SEC EDGAR ↗

XLI 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, IWF against XLI, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwf-vs-xli

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