Which returned more over the last year, MBB or XLP?

In the year to Oct 28, 2026, with distributions reinvested, MBB returned −0.8% and XLP +13.8%.

Which is cheaper, MBB or XLP?

MBB is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

MBB vs XLP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, MBB returned −0.8% to XLP's +13.8%; 0% of their weight is in the same names.

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Net assets: $35.5bn on Oct 28, 2026 for iShares MBS ETF, and $14.6bn on Oct 27, 2026 for State Street Consumer Staples Select Sector SPDR ETF.

MBB on its own →XLP on its own →

At a glance

−0.8%

MBB total return, 1 year

+13.8%

XLP total return, 1 year

0.04%

MBB expense ratio

0.08%

XLP expense ratio

Pair scorecard

MBB costs 0.04 points a year less; their one-year returns differ by 14.6 points; MBB is 2.4 times larger.

MBB vs XLP: Differences, Returns & Fees
Measure	MBB	XLP
Return
Measure	MBB	XLP
Total return, 1 year	−0.8%	+13.8%
Drawdown
Measure	MBB	XLP
Below its high		3.5%, high on Oct 22, 2026
Benchmark
Measure	MBB	XLP
What it tracks	Bloomberg U.S. MBS Index	Consumer Staples Select Sector Index
Cost and size
Measure	MBB	XLP
Expense ratio	0.04%	0.08%
Net assets, as of Oct 26, 2026	$35.6bn	$14.8bn
Holdings
Measure	MBB	XLP
Holdings in common	0%
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		62.9%

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

What they share

By the books each fund has filed, MBB and XLP hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first MBB XLP

Only in one fund ↓

Only in MBB

BLACKROCK CASH CL INST SL AGENCY 5.45%

FHLMC 30YR UMBS SUPER 1.05%

UMBS 30YR TBA(REG A) 0.60%

GNMA2 30YR 0.59%

GNMA2 30YR 0.54%

FNMA 30YR UMBS 0.53%

GNMA2 30YR 0.53%

GNMA2 30YR 0.52%

Only in XLP

WALMART INC 11.05%

COSTCO WHOLESALE CORP 9.14%

PROCTER + GAMBLE CO 7.69%

COCA COLA CO 7.34%

PHILIP MORRIS INTERNATIONAL 6.56%

ALTRIA GROUP INC 4.54%

COLGATE PALMOLIVE CO 4.39%

MONDELEZ INTERNATIONAL INC A 4.19%

Check overlap with more funds →

Side by side

MBB iShares MBS ETF XLP State Street Consumer Staples Select Sector SPDR ETF

Where it sits Bond ETF Stock ETF

Issuer iShares State Street

What it is Tracks an index of mortgage-backed securities Tracks an index of Consumer staples

Total return, 1 year −0.8% +13.8%

Its benchmark over the same days −1.1% (SPMB) not measured

Gap to its benchmark +0.3 pts vs SPMB not measured

Expense ratio 0.04% 0.08%

Holdings 10813 36

Net assets, MBB as of Oct 28, 2026 and XLP as of Oct 27, 2026 $35.5bn $14.6bn

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

Alert

About each fund

MBB

MBB tracks an index of mortgage-backed securities. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.1% for its benchmark, the Bloomberg U.S. MBS Index. The prospectus expense ratio is 0.04% a year.

XLP

XLP tracks an index of Consumer staples. Over the year to Oct 28, 2026 it returned +13.8% 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 36 positions, with the top ten at 62.9%. It sat 3.5% below its high of Oct 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, MBB or XLP?: In the year to Oct 28, 2026, with distributions reinvested, MBB returned −0.8% and XLP +13.8%.
Which is cheaper, MBB or XLP?: MBB is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

MBB vs VDC MBB vs XLB MBB vs XHB MBB vs XRT PULS vs XLP USFR vs XLP SCHP vs XLP MINT vs XLP

Where to next

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

Sources and dates

MBB filings on SEC EDGAR ↗

MBB prospectus with the expense ratio (SEC) ↗

iShares page for MBB ↗

XLP filings on SEC EDGAR ↗

XLP 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, MBB against XLP, data as of Oct 28, 2026. https://etfiq.com/compare/any/mbb-vs-xlp

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