Data as of Oct 28, 2026.
VTV vs XLI: Differences, Returns & Fees
Over the year to Oct 28, 2026, VTV returned +23.5% to XLI's +10.2%; 14% of their weight is in the same names.
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Net assets: $184.2bn on Sep 30, 2026 for Vanguard Morningstar Value ETF, and $30.8bn on Oct 27, 2026 for State Street Industrial Select Sector SPDR ETF.
Pair scorecard
VTV costs 0.05 points a year less; their one-year returns differ by 13.3 points; VTV is 6.2 times larger.
| Measure | VTV | XLI |
|---|---|---|
| Return | ||
| Total return, 1 year | +23.5% | +10.2% |
| Drawdown | ||
| Below its high | 9.4%, high on Aug 14, 2026 | |
| Benchmark | ||
| What it tracks | Morningstar US Large Cap Value Index | Industrial Select Sector Index |
| Cost and size | ||
| Expense ratio | 0.03% | 0.08% |
| Net assets, as of Sep 30, 2026 | $184.2bn | $29.8bn |
| Holdings | ||
| Holdings in common | 14% | |
| Top ten holdings, share of the fund | 23.6% | 37.8% |
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 returnsXLI returned more: +830.8% to +716.5%. VTV swung less: 17.2% to 20.1%. VTV fell slightly less at its worst: −59.1% to −61.6%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | VTV | XLI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +716.5% | +830.8% | XLI | Price change plus distributions, reinvested. |
| Annualized | +9.7% | +10.3% | XLI (slight) | Total return as a yearly rate. |
| Price return | +353.0% | +507.0% | XLI | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 17.2% | 20.1% | VTV | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.2% | 14.0% | VTV | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −59.1% | −61.6% | VTV (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.52 | 0.50 | VTV (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 0.73 | 0.72 | Tie | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.16 | 0.17 | XLI (slight) | Annualized return divided by the max drawdown. |
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, VTV and XLI hold 14% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
14% in common
Only in one fund ↓
Side by side
VTV and XLI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
VTV and XLI do different jobs. What does each one do in a portfolio?
- What each follows. VTV follows Morningstar US Large Cap Value Index and XLI follows Industrial Select Sector Index.
- Holdings in common. 14% of the weight is in the same securities (holdings dated Sep 30, 2026 and Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 VTV returned +23.5% and XLI +10.2% with distributions reinvested, a gap of 13.3 points.
Data as of Oct 28, 2026.
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VTV
VTV tracks an index of US value. Over the year to Oct 28, 2026 it returned +23.5% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 300 positions, with the top ten at 23.6%.
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, VTV or XLI?
- In the year to Oct 28, 2026, with distributions reinvested, VTV returned +23.5% and XLI +10.2%.
- Which is cheaper, VTV or XLI?
- VTV 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.
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, VTV against XLI, data as of Oct 28, 2026. https://etfiq.com/compare/any/vtv-vs-xli
ETFIQ. (Oct 28, 2026). VTV against XLI. Retrieved from https://etfiq.com/compare/any/vtv-vs-xli
[VTV against XLI (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/vtv-vs-xli)
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