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

In the year to Oct 28, 2026, with distributions reinvested, VLUE returned +54.7% and XLB +18.5%.

Which is cheaper, VLUE or XLB?

XLB is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 97% of VLUE and 100% of XLB by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

VLUE vs XLB: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, VLUE returned +54.7% to XLB's +18.5%; 2% of their weight is in the same names.

askIQ about this page

askIQ about VLUE and XLB

Net assets: $9.4bn on Oct 28, 2026 for iShares MSCI USA Value Factor ETF, and $8.1bn on Oct 27, 2026 for State Street Materials Select Sector SPDR ETF.

VLUE on its own →XLB on its own →

At a glance

+54.7%

VLUE total return, 1 year

+18.5%

XLB total return, 1 year

0.15%

VLUE expense ratio

0.08%

XLB expense ratio

Pair scorecard

XLB costs 0.07 points a year less; their one-year returns differ by 36.2 points; VLUE is 1.1 times larger.

VLUE vs XLB: Differences, Returns & Fees
Measure	VLUE	XLB
Return
Measure	VLUE	XLB
Total return, 1 year	+54.7%	+18.5%
Benchmark
Measure	VLUE	XLB
What it tracks	MSCI USA Enhanced Value Index	Materials Select Sector Index
Cost and size
Measure	VLUE	XLB
Expense ratio	0.15%	0.08%
Net assets, as of Oct 27, 2026	$9.3bn	$8.1bn
Holdings
Measure	VLUE	XLB
Holdings in common	2%
Top ten holdings, share of the fund	42.8%	58.5%

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

What they share

By the books each fund has filed, VLUE and XLB hold 2% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

2% in common

Positions both hold · largest shared weight first VLUE XLB

NEWMONT 0.65% 6.56%

NUCOR 0.29% 4.89%

SMURFIT WESTROCK PLC 0.18% 3.41%

AMCOR PLC 0.13% 3.24%

CF INDUSTRIES HOLDINGS INC 0.13% 2.79%

INTERNATIONAL FLAVORS & FRAGRANCES 0.11% 3.63%

INTERNATIONAL PAPER 0.10% 2.70%

LYONDELLBASELL INDUSTRIES CLASS A 0.10% 2.66%

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 XLB

LINDE PLC 12.96%

FREEPORT MCMORAN INC 5.23%

ECOLAB INC 4.98%

VULCAN MATERIALS CO 4.89%

AIR PRODUCTS + CHEMICALS INC 4.84%

STEEL DYNAMICS INC 4.77%

SHERWIN WILLIAMS CO 4.73%

MARTIN MARIETTA MATERIALS 4.62%

Check overlap with more funds →

Side by side

VLUE iShares MSCI USA Value Factor ETF XLB State Street Materials Select Sector SPDR ETF

Where it sits Stock ETF Stock ETF

Issuer iShares State Street

What it is Tracks the MSCI USA Value Factor Tracks an index of Materials

Total return, 1 year +54.7% +18.5%

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% 0.08%

Already in the S&P 500 96.6% 99.8%

Holdings 148 25

Net assets, VLUE as of Oct 28, 2026 and XLB as of Oct 27, 2026 $9.4bn $8.1bn

VLUE and XLB 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%.

XLB

XLB tracks an index of Materials. Over the year to Oct 28, 2026 it returned +18.5% 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 25 positions, with the top ten at 58.5%.

Questions people ask

Which returned more over the last year, VLUE or XLB?: In the year to Oct 28, 2026, with distributions reinvested, VLUE returned +54.7% and XLB +18.5%.
Which is cheaper, VLUE or XLB?: XLB is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VLUE and XLB overlap with the S&P 500?: By their latest filed holdings, 97% of VLUE and 100% of XLB by weight is stocks the S&P 500 already holds.

Other comparisons

VLUE vs VPU VLUE vs XOP VLUE vs XLP VHT vs VLUE FDVV vs XLB HDV vs XLB AVLV vs XLB FNDX vs XLB

Where to next

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

Sources and dates

VLUE filings on SEC EDGAR ↗

VLUE prospectus with the expense ratio (SEC) ↗

iShares page for VLUE ↗

XLB filings on SEC EDGAR ↗

XLB 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.

Cite this pageCitation, APA and Markdown

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

Open data →

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