Data as of Oct 28, 2026.

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VB vs XLE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VB returned +14.4% to XLE's +61.2%; 1% of their weight is in the same names.

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Net assets: $76.9bn on Sep 30, 2026 for Vanguard Morningstar Small-Cap ETF, and $45.2bn on Oct 27, 2026 for State Street Energy Select Sector SPDR ETF.

At a glance
+14.4%
VB total return, 1 year
+61.2%
XLE total return, 1 year
0.03%
VB expense ratio
0.08%
XLE expense ratio

Pair scorecard

VB costs 0.05 points a year less; their one-year returns differ by 46.8 points; VB is 2.0 times larger.

VB vs XLE: Differences, Returns & Fees
MeasureVBXLE
Return
Total return, 1 year+14.4%+61.2%
Drawdown
Below its high5.7%, high on Aug 14, 2026
Benchmark
What it tracksMorningstar US Small Cap IndexEnergy Select Sector Index
Cost and size
Expense ratio0.03%0.08%
Net assets, as of Sep 30, 2026$76.9bn$39.1bn
Holdings
Holdings in common1%
Top ten holdings, share of the fund5.9%78.1%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

1%

By the books each fund has filed, VB and XLE hold 1% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first VB XLE
Expand Energy Corp 0.25% 1.05%
EQT Corp 0.19% 1.69%
Apa Corp 0.18% 0.86%
Texas Pacific Land Corp 0.14% 0.93%
Only in one fund ↓
Only in VB
SLCMT1142 1.31%
Natera Inc 0.72%
Twilio Inc 0.57%
Revolution Medicines Inc 0.53%
Everpure Inc 0.52%
Illumina Inc 0.52%
Okta Inc 0.44%
Moderna Inc 0.44%
Only in XLE
EXXONMOBIL HOLDINGS CORP 23.98%
CHEVRON CORP 18.21%
CONOCOPHILLIPS 7.18%
MARATHON PETROLEUM CORP 4.67%
PHILLIPS 66 4.41%
VALERO ENERGY CORP 4.26%
WILLIAMS COS INC 4.22%
EOG RESOURCES INC 4.07%
Check overlap with more funds →

Side by side

VB Vanguard Morningstar Small-Cap ETF XLE State Street Energy Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Small-Cap Tracks an index of Energy
Total return, 1 year +14.4% +61.2%
Expense ratio 0.03% 0.08%
Already in the S&P 500 21.6% 99.8%
Holdings 1303 22
Net assets, VB as of Sep 30, 2026 and XLE as of Oct 27, 2026 $76.9bn $45.2bn

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

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About each fund
VB

VB tracks an index of Small-Cap. Over the year to Oct 28, 2026 it returned +14.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 1,303 positions, with the top ten at 5.9%. It sat 5.7% below its high of Aug 14, 2026 on Oct 28, 2026.

XLE

XLE tracks an index of Energy. Over the year to Oct 28, 2026 it returned +61.2% 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 22 positions, with the top ten at 78.1%.

Questions people ask

Which returned more over the last year, VB or XLE?
In the year to Oct 28, 2026, with distributions reinvested, VB returned +14.4% and XLE +61.2%.
Which is cheaper, VB or XLE?
VB 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 VB and XLE overlap with the S&P 500?
By their latest filed holdings, 22% of VB and 100% of XLE by weight is stocks the S&P 500 already holds.
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ETFIQ, VB against XLE, data as of Oct 28, 2026. https://etfiq.com/compare/any/vb-vs-xle

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