Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
SHY vs XLB: how they differ
SHY and XLB hold 0% of their weight in the same names, and XLB returned more over the year.
iShares 1-3 Year Treasury Bond ETF and State Street(R) Materials Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, SHY and XLB hold 0% of their money in the same securities at the same weight.
| Only in SHY | Only in XLB |
|---|---|
| USD CASH 0.88% | LINDE PLC 12.91% |
| TREASURY NOTE (2OLD) 0.80% | NEWMONT CORP 8.14% |
| TREASURY NOTE (OLD) 0.76% | FREEPORT MCMORAN INC 6.19% |
| TREASURY NOTE (OTR) 0.58% | CORTEVA INC 5.11% |
| BLK CSH FND TREASURY SL AGENCY 0.26% | AIR PRODUCTS + CHEMICALS INC 4.78% |
| TREASURY NOTE 0.06% | ECOLAB INC 4.75% |
| SHERWIN WILLIAMS CO/THE 4.70% | |
| NUCOR CORP 4.59% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| SHY iShares 1-3 Year Treasury Bond ETF | XLB State Street(R) Materials Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | 1-3 Year Treasury Bond | Materials |
| Total return, 1 year | +1.7% | +12.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −15.8 pts | −5.5 pts |
| Expense ratio | 0.15% | 0.08% |
| Holdings | 93 | 27 |
SHY in plain words
SHY is a bond fund tracking the 1-3 Year Treasury Bond. Over the year to Sep 11, 2026 it returned +1.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year.
XLB in plain words
XLB is an index equity fund tracking the Materials. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 27 positions, with the top ten at 59.4%. It sat 5.1% below its high of Aug 26, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SHY or XLB?
- In the year to Sep 13, 2026, with distributions reinvested, SHY returned +1.7% and XLB returned +12.0%, so XLB returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SHY or XLB?
- SHY charges 0.15% a year and XLB charges 0.08%, so XLB is cheaper. Fees come from each fund's prospectus.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, SHY against XLB, data as of Sep 13, 2026. https://etfiq.com/compare/any/shy-vs-xlb Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources