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

In the year to Oct 28, 2026, with distributions reinvested, VTIP returned +2.2% and XLB +18.5%.

Which is cheaper, VTIP or XLB?

VTIP 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.

Data as of Oct 28, 2026.

Across categories

VTIP vs XLB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VTIP returned +2.2% to XLB's +18.5%; 0% of their weight is in the same names.

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Net assets: $20.9bn on Sep 30, 2026 for Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares, and $8.1bn on Oct 27, 2026 for State Street Materials Select Sector SPDR ETF.

VTIP on its own →XLB on its own →

At a glance

+2.2%

VTIP total return, 1 year

+18.5%

XLB total return, 1 year

0.03%

VTIP expense ratio

0.08%

XLB expense ratio

Pair scorecard

VTIP costs 0.05 points a year less; their one-year returns differ by 16.3 points; VTIP is 2.7 times larger.

VTIP vs XLB: Differences, Returns & Fees
Measure	VTIP	XLB
Return
Measure	VTIP	XLB
Total return, 1 year	+2.2%	+18.5%
Benchmark
Measure	VTIP	XLB
What it tracks	Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index	Materials Select Sector Index
Cost and size
Measure	VTIP	XLB
Expense ratio	0.03%	0.08%
Net assets, as of Sep 30, 2026	$20.9bn	$7.8bn
Holdings
Measure	VTIP	XLB
Holdings in common	0%
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		58.5%

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

What they share

By the books each fund has filed, VTIP and XLB hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VTIP XLB

Only in one fund ↓

Only in VTIP

United States Treasury Inflation Indexed Bonds 5.30%

United States Treasury Inflation Indexed Bonds 5.22%

United States Treasury Inflation Indexed Bonds 5.14%

United States Treasury Inflation Indexed Bonds 4.97%

United States Treasury Inflation Indexed Bonds 4.96%

United States Treasury Inflation Indexed Bonds 4.87%

United States Treasury Inflation Indexed Bonds 4.83%

Only in XLB

LINDE PLC 12.96%

NEWMONT CORP 6.56%

FREEPORT MCMORAN INC 5.23%

ECOLAB INC 4.98%

VULCAN MATERIALS CO 4.89%

NUCOR CORP 4.89%

AIR PRODUCTS + CHEMICALS INC 4.84%

STEEL DYNAMICS INC 4.77%

Check overlap with more funds →

Side by side

VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares XLB State Street Materials Select Sector SPDR ETF

Where it sits Bond ETF Stock ETF

Issuer Vanguard State Street

What it is Tracks an index of Short-Term Inflation-Protected Securities Tracks an index of Materials

Total return, 1 year +2.2% +18.5%

Expense ratio 0.03% 0.08%

Holdings 26 25

Net assets, VTIP as of Sep 30, 2026 and XLB as of Oct 27, 2026 $20.9bn $8.1bn

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

Alert

About each fund

VTIP

VTIP tracks an index of Short-Term Inflation-Protected Securities. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

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, VTIP or XLB?: In the year to Oct 28, 2026, with distributions reinvested, VTIP returned +2.2% and XLB +18.5%.
Which is cheaper, VTIP or XLB?: VTIP 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.

Other comparisons

VPU vs VTIP VDE vs VTIP VOX vs VTIP IGM vs VTIP BINC vs XLB BND vs XLB PULS vs XLB IGSB vs XLB

Where to next

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

Sources and dates

VTIP filings on SEC EDGAR ↗

VTIP prospectus with the expense ratio (SEC) ↗

Vanguard page for VTIP ↗

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

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