Data as of Oct 28, 2026.

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SCHB vs XLI: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SCHB returned +13.4% to XLI's +10.2%; 7% of their weight is in the same names.

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Net assets: $44.6bn on Aug 31, 2026 for Schwab U.S. Broad Market ETF, and $30.8bn on Oct 27, 2026 for State Street Industrial Select Sector SPDR ETF.

At a glance
+13.4%
SCHB total return, 1 year
+10.2%
XLI total return, 1 year
0.03%
SCHB expense ratio
0.08%
XLI expense ratio

Pair scorecard

SCHB costs 0.05 points a year less; their one-year returns differ by 3.2 points.

SCHB vs XLI: Differences, Returns & Fees
MeasureSCHBXLI
Return
Total return, 1 year+13.4%+10.2%
Drawdown
Below its high9.4%, high on Aug 14, 2026
Benchmark
What it tracksDow Jones U.S. Broad Stock Market IndexIndustrial Select Sector Index
Cost and size
Expense ratio0.03%0.08%
Net assets, SCHB as of Aug 31, 2026 and XLI as of Oct 27, 2026$44.6bn$30.8bn
Holdings
Holdings in common7%
Top ten holdings, share of the fund33.7%37.8%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method

What they share

7%

By the books each fund has filed, SCHB and XLI hold 7% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

7% in common

Positions both hold · largest shared weight first SCHB XLI
Caterpillar Inc 0.49% 6.14%
General Electric Co 0.47% 5.79%
RTX Corp 0.38% 4.91%
GE Vernova Inc 0.33% 4.47%
Union Pacific Corp 0.24% 3.34%
Deere & Co 0.22% 3.01%
Boeing Co 0.22% 2.49%
Eaton Corp PLC 0.21% 2.79%
Uber Technologies Inc 0.21% 2.52%
Parker-Hannifin Corp 0.17% 2.13%
Automatic Data Processing Inc 0.15% 2.18%
Lockheed Martin Corp 0.15% 2.37%
Only in one fund ↓
Only in SCHB
NVIDIA Corp 7.20%
Apple Inc 6.27%
Microsoft Corp 5.08%
Amazon.com Inc 3.42%
Alphabet Inc 2.68%
Broadcom Inc 2.36%
Alphabet Inc 2.13%
Meta Platforms Inc 1.69%
Only in XLI
XAI EMINI INDUSTR DEC26 -0.00%
Check overlap with more funds →

Side by side

SCHB Schwab U.S. Broad Market ETF XLI State Street Industrial Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of US broad market Tracks an index of Industrials
Total return, 1 year +13.4% +10.2%
Its benchmark over the same days not measured +13.6% (SPY)
Gap to its benchmark not measured −3.4 pts vs SPY
Expense ratio 0.03% 0.08%
Already in the S&P 500 88.0% 99.9%
Holdings 2372 84
Net assets, SCHB as of Aug 31, 2026 and XLI as of Oct 27, 2026 $44.6bn $30.8bn

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

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About each fund
SCHB

SCHB tracks an index of US broad market. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings filed for Aug 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,372 positions, with the top ten at 33.7%.

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, SCHB or XLI?
In the year to Oct 28, 2026, with distributions reinvested, SCHB returned +13.4% and XLI +10.2%.
Which is cheaper, SCHB or XLI?
SCHB 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 SCHB and XLI overlap with the S&P 500?
By their latest filed holdings, 88% of SCHB and 100% of XLI by weight is stocks the S&P 500 already holds.
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ETFIQ, SCHB against XLI, data as of Oct 28, 2026. https://etfiq.com/compare/any/schb-vs-xli

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