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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

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.

Largest positions each one holds and the other does not
Only in SHYOnly 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 and XLB on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
SHY
iShares 1-3 Year Treasury Bond ETF
XLB
State Street(R) Materials Select Sector SPDR(R) ETF
Where it sitsCore index fundCore index fund
IssueriSharesState Street
What it is1-3 Year Treasury BondMaterials
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 ratio0.15%0.08%
Holdings9327

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.

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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.

SHY against XLB, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

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