Are VLUE and XBI in the same category?

VLUE is a stock ETF and XBI is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which returned more over the last year, VLUE or XBI?

In the year to Oct 28, 2026, with distributions reinvested, VLUE returned +54.7% and XBI +41.2%.

Which is cheaper, VLUE or XBI?

VLUE is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do VLUE and XBI overlap with the S&P 500?

By their latest filed holdings, 97% of VLUE and 13% of XBI by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

VLUE vs XBI: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VLUE returned +54.7% to XBI's +41.2%, and VLUE charges 0.15% to XBI's 0.35%.

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Net assets: $9.4bn on Oct 28, 2026 for iShares MSCI USA Value Factor ETF, and $10.3bn on Oct 27, 2026 for State Street SPDR S&P Biotech ETF.

VLUE on its own →XBI on its own →

At a glance

+54.7%

VLUE total return, 1 year

+41.2%

XBI total return, 1 year

0.15%

VLUE expense ratio

0.35%

XBI expense ratio

Pair scorecard

VLUE costs 0.20 points a year less; their one-year returns differ by 13.5 points; XBI is 1.1 times larger.

VLUE vs XBI: Differences, Returns & Fees
Measure	VLUE	XBI
Return
Measure	VLUE	XBI
Total return, 1 year	+54.7%	+41.2%
Drawdown
Measure	VLUE	XBI
Below its all-time high		8.9%, high on Feb 8, 2021
Benchmark
Measure	VLUE	XBI
What it tracks	MSCI USA Enhanced Value Index	Biotech
Cost and size
Measure	VLUE	XBI
Expense ratio	0.15%	0.35%
Net assets, as of Oct 27, 2026	$9.3bn	$10.3bn
Active share vs the S&P 500		98%
Holdings
Measure	VLUE	XBI
Holdings in common	1%
Top ten holdings, share of the fund	42.8%	18%

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

What they share

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

50%

0 half 100%

half

1% in common

Positions both hold · largest shared weight first VLUE XBI

BIOGEN 0.40% 1.75%

UNITED THERAPEUTICS 0.17% 1.71%

Only in one fund ↓

Only in VLUE

MICRON TECHNOLOGY 20.94%

CISCO SYSTEMS INC 4.37%

GENERAL MOTORS 3.54%

VERIZON COMMUNICATIONS INC 2.72%

AT&T 2.24%

HEWLETT PACKARD ENTERPRISE 1.95%

PFIZER 1.86%

BANK OF AMERICA 1.77%

Only in XBI

MODERNA INC 2.24%

TWIST BIOSCIENCE CORP 1.86%

NATERA INC 1.82%

HALOZYME THERAPEUTICS INC 1.75%

AMGEN INC 1.68%

ABBVIE INC 1.67%

SPYRE THERAPEUTICS INC 1.67%

EXELIXIS INC 1.64%

Check overlap with more funds →

Side by side

VLUE iShares MSCI USA Value Factor ETF XBI State Street SPDR S&P Biotech ETF

Where it sits Stock ETF Thematic ETF

Issuer iShares State Street

What it is Tracks the MSCI USA Value Factor Biotech

Total return, 1 year +54.7% +41.2%

Its benchmark over the same days +13.6% (MLRG) not measured

Gap to its benchmark +41.1 pts vs MLRG not measured

Expense ratio 0.15% 0.35%

Already in the S&P 500 96.6% 13.2%

Holdings 148 165

Net assets, VLUE as of Oct 28, 2026 and XBI as of Oct 27, 2026 $9.4bn $10.3bn

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

Alert

About each fund

VLUE

VLUE tracks the MSCI USA Value Factor. Over the year to Oct 28, 2026 it returned +54.7% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 42.8%.

XBI

By weight, 13% of XBI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 18% of the fund across 165 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +41.2% with distributions reinvested. It sits 8.9% below its all-time high of Feb 8, 2021.

Questions people ask

Are VLUE and XBI in the same category?: VLUE is a stock ETF and XBI is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, VLUE or XBI?: In the year to Oct 28, 2026, with distributions reinvested, VLUE returned +54.7% and XBI +41.2%.
Which is cheaper, VLUE or XBI?: VLUE is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VLUE and XBI overlap with the S&P 500?: By their latest filed holdings, 97% of VLUE and 13% of XBI by weight is stocks the S&P 500 already holds.

Other comparisons

IBB vs VLUE AIRR vs VLUE GDX vs VLUE REMX vs VLUE FNDX vs XBI CGDV vs XBI DGRO vs XBI FDVV vs XBI

Where to next

VLUE on its own →XBI on its own →Hold both: look the portfolio through →Rankings →VLUE dividend history →VLUE holdings →XBI dividend history →XBI holdings →Standards and sources →

Sources and dates

VLUE filings on SEC EDGAR ↗

VLUE prospectus with the expense ratio (SEC) ↗

iShares page for VLUE ↗

XBI filings on SEC EDGAR ↗

XBI prospectus with the expense ratio (SEC) ↗

State Street website ↗

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, VLUE against XBI, data as of Oct 28, 2026. https://etfiq.com/compare/any/vlue-vs-xbi

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.