Data as of Oct 28, 2026.
VCR vs XLY: Differences, Returns & Fees
Over the year to Oct 28, 2026, VCR returned −2.5% to XLY's −3.6%; 77% of their weight is in the same names.
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Net assets: $5.6bn on Sep 30, 2026 for Vanguard Consumer Discretion ETF, and $22.4bn on Oct 27, 2026 for State Street Consumer Discretionary Select Sector SPDR ETF.
Pair scorecard
XLY costs 0.01 points a year less; their one-year returns differ by 1.1 points; XLY is 3.8 times larger.
| Measure | VCR | XLY |
|---|---|---|
| Return | ||
| Total return, 1 year | −2.5% | −3.6% |
| Drawdown | ||
| Below its high | 6.0%, high on Jan 9, 2026 | 6.8%, high on Jan 12, 2026 |
| Benchmark | ||
| What it tracks | MSCI US Investable Market Index (IMI)/Consumer Discretionary 25/50 | Consumer Discretionary Select Sector Index |
| Cost and size | ||
| Expense ratio | 0.09% | 0.08% |
| Net assets, as of Sep 30, 2026 | $5.6bn | $21.3bn |
| Holdings | ||
| Holdings in common | 77% | |
| Top ten holdings, share of the fund | 56.6% | 68.5% |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
Risk and return
Feb 6, 2004 to Oct 23, 2026 · 1,185 weekly returnsEach against its own benchmark: VCR against FDIS, Nov 1, 2013 to Oct 23, 2026; XLY against SPY, Dec 31, 1998 to Oct 23, 2026.
VCR returned slightly more: +897.9% to +843.9%. VCR and XLY swung about the same: 21.5% and 21.1%. XLY fell slightly less at its worst: −58.4% to −60.8%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | VCR | XLY | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +897.9% | +843.9% | VCR (slight) | Price change plus distributions, reinvested. |
| Annualized | +10.6% | +10.4% | VCR (slight) | Total return as a yearly rate. |
| Price return | +669.8% | +616.3% | VCR (slight) | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 21.5% | 21.1% | Tie | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 14.7% | 14.3% | XLY (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −60.8% | −58.4% | XLY (slight) | Deepest fall from a high to the low after it. |
| Upside capture | 98.9% | 118.0% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 99.7% | 106.8% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 1.00 | 1.10 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.99 | 0.77 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.49 | 0.49 | Tie | Return above Treasury bills per unit of volatility. |
| Sortino | 0.72 | 0.72 | Tie | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.113 | 0.087 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.17 | 0.18 | Tie | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | FDIS | SPY | The ETF each fund is measured against. | |
| Alpha | −0.2% a year | +0.7% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.26 | 0.34 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −1.4% to +1.0% | −3.2% to +4.6% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.05 | 0.14 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 2.2% | 10.6% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,185 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, VCR and XLY hold 77% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
77% in common
Only in one fund ↓
Side by side
VCR and XLY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
VCR and XLY are built for the same job. How do they differ in cost, holdings and results?
- What each follows. VCR follows MSCI US Investable Market Index (IMI)/Consumer Discretionary 25/50 and XLY follows Consumer Discretionary Select Sector Index.
- Number of holdings. VCR holds 279 positions and XLY holds 48.
- Size. VCR has $5.6bn in net assets and XLY $21.3bn (net assets, as of Sep 30, 2026); XLY is 3.8 times larger.
Data as of Oct 28, 2026.
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VCR
VCR tracks an index. Over the year to Oct 28, 2026 it returned −2.5% with distributions reinvested, against −2.4% for its benchmark, the MSCI US Investable Market Index (IMI)/Consumer Discretionary 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 79% of the fund by weight is stocks the S&P 500 also holds, across 279 positions, with the top ten at 56.6%. It sat 6.0% below its high of Jan 9, 2026 on Oct 28, 2026.
XLY
XLY tracks an index of Consumer discretionary. Over the year to Oct 28, 2026 it returned −3.6% 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 48 positions, with the top ten at 68.5%. It sat 6.8% below its high of Jan 12, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, VCR or XLY?
- In the year to Oct 28, 2026, with distributions reinvested, VCR returned −2.5% and XLY −3.6%.
- Which is cheaper, VCR or XLY?
- XLY is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, VCR against XLY, data as of Oct 28, 2026. https://etfiq.com/compare/any/vcr-vs-xly
ETFIQ. (Oct 28, 2026). VCR against XLY. Retrieved from https://etfiq.com/compare/any/vcr-vs-xly
[VCR against XLY (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/vcr-vs-xly)
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