Data as of Oct 28, 2026.

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VOOG vs XLI: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VOOG returned +12.1% to XLI's +10.2%; 6% of their weight is in the same names.

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Net assets: $27.8bn on Sep 30, 2026 for Vanguard S&P 500 Growth ETF, and $30.8bn on Oct 27, 2026 for State Street Industrial Select Sector SPDR ETF.

At a glance
+12.1%
VOOG total return, 1 year
+10.2%
XLI total return, 1 year
0.05%
VOOG expense ratio
0.08%
XLI expense ratio

Pair scorecard

VOOG costs 0.03 points a year less; their one-year returns differ by 1.9 points; XLI is 1.1 times larger.

VOOG vs XLI: Differences, Returns & Fees
MeasureVOOGXLI
Return
Total return, 1 year+12.1%+10.2%
Drawdown
Below its high4.1%, high on Oct 6, 20269.4%, high on Aug 14, 2026
Benchmark
What it tracksS&P 500 Growth IndexIndustrial Select Sector Index
Cost and size
Expense ratio0.05%0.08%
Net assets, as of Sep 30, 2026$27.8bn$29.8bn
Holdings
Holdings in common6%
Top ten holdings, share of the fund60.2%37.8%

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

What they share

6%

By the books each fund has filed, VOOG and XLI hold 6% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

6% in common

Positions both hold · largest shared weight first VOOG XLI
Caterpillar Inc 1.01% 6.14%
GE Vernova Inc 0.69% 4.47%
RTX Corp 0.68% 4.91%
General Electric Co 0.46% 5.79%
Uber Technologies Inc 0.38% 2.52%
Quanta Services Inc 0.26% 1.63%
Vertiv Holdings Co 0.25% 1.50%
Howmet Aerospace Inc 0.24% 1.43%
Bloom Energy Corp 0.22% 1.21%
Parker-Hannifin Corp 0.18% 2.13%
Boeing Co 0.17% 2.49%
TransDigm Group Inc 0.16% 1.17%
Only in one fund ↓
Only in VOOG
NVIDIA Corp 15.01%
Microsoft Corp 10.34%
Apple Inc 6.60%
Alphabet Inc 5.48%
Broadcom Inc 4.54%
Alphabet Inc 4.39%
Meta Platforms Inc 4.34%
Amazon.com Inc 3.52%
Only in XLI
UNION PACIFIC CORP 3.34%
DEERE + CO 3.01%
EATON CORP PLC 2.79%
LOCKHEED MARTIN CORP 2.37%
AUTOMATIC DATA PROCESSING 2.18%
CSX CORP 1.81%
EMERSON ELECTRIC CO 1.74%
3M CO 1.66%
Check overlap with more funds →

Side by side

VOOG Vanguard S&P 500 Growth ETF XLI State Street Industrial Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 Growth Tracks an index of Industrials
Total return, 1 year +12.1% +10.2%
Its benchmark over the same days +12.1% (IVW) +13.6% (SPY)
Gap to its benchmark 0.0 pts vs IVW −3.4 pts vs SPY
Expense ratio 0.05% 0.08%
Already in the S&P 500 99.8% 99.9%
Holdings 154 84
Net assets, VOOG as of Sep 30, 2026 and XLI as of Oct 27, 2026 $27.8bn $30.8bn

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

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About each fund
VOOG

VOOG tracks the S&P 500 Growth. Over the year to Oct 28, 2026 it returned +12.1% with distributions reinvested, against +12.1% for its benchmark, the S&P 500 Growth Index. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 154 positions, with the top ten at 60.2%. It sat 4.1% below its high of Oct 6, 2026 on Oct 28, 2026.

XLI

XLI tracks an index of Industrials. Over the year to Oct 28, 2026 it returned +10.2% 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 84 positions, with the top ten at 37.8%. It sat 9.4% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VOOG or XLI?
In the year to Oct 28, 2026, with distributions reinvested, VOOG returned +12.1% and XLI +10.2%.
Which is cheaper, VOOG or XLI?
VOOG is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VOOG and XLI overlap with the S&P 500?
By their latest filed holdings, 100% of VOOG and 100% of XLI by weight is stocks the S&P 500 already holds.
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ETFIQ, VOOG against XLI, data as of Oct 28, 2026. https://etfiq.com/compare/any/voog-vs-xli

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