Data as of Oct 28, 2026.

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SGOV vs XOP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SGOV returned +3.7% to XOP's +62.5%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $117.0bn for iShares 0-3 Month Treasury Bond ETF and $4.6bn for State Street SPDR S&P Oil & Gas Exploration & Production ETF.

At a glance
+3.7%
SGOV total return, 1 year
+62.5%
XOP total return, 1 year
0.09%
SGOV expense ratio
0.35%
XOP expense ratio

Pair scorecard

SGOV costs 0.26 points a year less; their one-year returns differ by 58.8 points; SGOV is far larger, $117.0bn against $4.6bn.

SGOV vs XOP: Differences, Returns & Fees
MeasureSGOVXOP
Return
Total return, 1 year+3.7%+62.5%
Drawdown
Below its high24.8%, high on Jun 23, 2014
Benchmark
What it tracksICE 0-3 Month US Treasury Securities IndexS&P Oil & Gas Exploration & Production Select Industry Index
Cost and size
Expense ratio0.09%0.35%
Net assets, as of Oct 27, 2026$117.0bn$4.6bn
Holdings
Holdings in common0%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SGOV XOP
Only in one fund ↓
Only in SGOV
TREASURY BILL 8.53%
TREASURY BILL 8.19%
TREASURY BILL 7.63%
TREASURY BILL 6.87%
TREASURY BILL 6.80%
TREASURY BILL 6.00%
TREASURY BILL 5.22%
TREASURY BILL 5.22%
Only in XOP
RANGE RESOURCES CORP 3.48%
APA CORP 2.92%
MURPHY OIL CORP 2.89%
OVINTIV INC 2.85%
EOG RESOURCES INC 2.82%
EXXONMOBIL HOLDINGS CORP 2.82%
MARATHON PETROLEUM CORP 2.81%
CONOCOPHILLIPS 2.79%
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Side by side

SGOV iShares 0-3 Month Treasury Bond ETF XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of 0-3 month T-bills Tracks the S&P Oil & Gas Exploration & Production
Total return, 1 year +3.7% +62.5%
Expense ratio 0.09% 0.35%
Holdings 22 52
Net assets, as of Oct 27, 2026 $117.0bn $4.6bn

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

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About each fund
SGOV

SGOV tracks an index of 0-3 month T-bills. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.09% a year.

XOP

XOP tracks the S&P Oil & Gas Exploration & Production. Over the year to Oct 28, 2026 it returned +62.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. It sat 24.8% below its high of Jun 23, 2014 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SGOV or XOP?
In the year to Oct 28, 2026, with distributions reinvested, SGOV returned +3.7% and XOP +62.5%.
Which is cheaper, SGOV or XOP?
SGOV is cheaper, by 0.26 percentage points a year. That is about $26 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, SGOV against XOP, data as of Oct 28, 2026. https://etfiq.com/compare/any/sgov-vs-xop

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