Are XBI and XOP in the same category?

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

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

In the year to Oct 28, 2026, with distributions reinvested, XBI returned +41.2% and XOP +62.5%.

Which is cheaper, XBI or XOP?

Neither: XBI and XOP both charge 0.35% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

XBI vs XOP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, XBI returned +41.2% to XOP's +62.5%.

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Net assets on Oct 27, 2026: $10.3bn for State Street SPDR S&P Biotech ETF and $4.6bn for State Street SPDR S&P Oil & Gas Exploration & Production ETF.

XBI on its own →XOP on its own →

At a glance

+41.2%

XBI total return, 1 year

+62.5%

XOP total return, 1 year

0.35%

XBI expense ratio

0.35%

XOP expense ratio

Pair scorecard

Both cost 0.35% a year; their one-year returns differ by 21.3 points; XBI is 2.2 times larger.

XBI vs XOP: Differences, Returns & Fees
Measure	XBI	XOP
Return
Measure	XBI	XOP
Total return, 1 year	+41.2%	+62.5%
Drawdown
Measure	XBI	XOP
Below its all-time high	8.9%, high on Feb 8, 2021
Below its high		24.8%, high on Jun 23, 2014
Benchmark
Measure	XBI	XOP
What it tracks	Biotech	S&P Oil & Gas Exploration & Production Select Industry Index
Cost and size
Measure	XBI	XOP
Expense ratio	0.35%	0.35%
Net assets, as of Oct 27, 2026	$10.3bn	$4.6bn
Active share vs the S&P 500	98%
Holdings
Measure	XBI	XOP
Holdings in common	0%
In the S&P 500, by weight	13%
Top ten holdings, share of the fund	18%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first XBI XOP

Only in one fund ↓

Only in XBI

MODERNA INC 2.24%

TWIST BIOSCIENCE CORP 1.86%

NATERA INC 1.82%

BIOGEN INC 1.75%

HALOZYME THERAPEUTICS INC 1.75%

UNITED THERAPEUTICS CORP 1.71%

AMGEN INC 1.68%

ABBVIE INC 1.67%

Only in XOP

RANGE RESOURCES CORP 3.48%

APA CORP 2.92%

MURPHY OIL CORP 2.89%

OVINTIV INC 2.85%

EOG RESOURCES INC 2.82%

EXXONMOBIL HOLDINGS CORP 2.82%

MARATHON PETROLEUM CORP 2.81%

CONOCOPHILLIPS 2.79%

Check overlap with more funds →

Side by side

XBI State Street SPDR S&P Biotech ETF XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF

Where it sits Thematic ETF Stock ETF

Issuer State Street State Street

What it is Biotech Tracks the S&P Oil & Gas Exploration & Production

Total return, 1 year +41.2% +62.5%

Expense ratio 0.35% 0.35%

Holdings 165 52

Net assets, as of Oct 27, 2026 $10.3bn $4.6bn

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

Alert

About each fund

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.

XOP

XOP tracks the S&P Oil & Gas Exploration & Production. Over the year to Oct 28, 2026 it returned +62.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. It sat 24.8% below its high of Jun 23, 2014 on Oct 28, 2026.

Questions people ask

Are XBI and XOP in the same category?: XBI is a thematic ETF and XOP is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, XBI or XOP?: In the year to Oct 28, 2026, with distributions reinvested, XBI returned +41.2% and XOP +62.5%.
Which is cheaper, XBI or XOP?: Neither: XBI and XOP both charge 0.35% a year. Fees come from each fund's prospectus.

Other comparisons

IYE vs XBI VDE vs XBI XBI vs XLE KRE vs XBI IBB vs XOP PDBC vs XOP CGBL vs XOP IJS vs XOP

Where to next

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

Sources and dates

XBI and XOP filings on SEC EDGAR ↗

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

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