Which returned more over the last year, XHB or XLI?

In the year to Oct 28, 2026, with distributions reinvested, XHB returned −8.6% and XLI +10.2%.

Which is cheaper, XHB or XLI?

XLI is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do XHB and XLI overlap with the S&P 500?

By their latest filed holdings, 46% of XHB and 100% of XLI by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

XHB vs XLI: Differences, Returns & Fees

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Over the year to Oct 28, 2026, XHB returned −8.6% to XLI's +10.2%; 5% of their weight is in the same names.

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Net assets on Oct 27, 2026: $1.5bn for State Street SPDR S&P Homebuilders ETF and $30.8bn for State Street Industrial Select Sector SPDR ETF.

XHB on its own →XLI on its own →

At a glance

−8.6%

XHB total return, 1 year

+10.2%

XLI total return, 1 year

0.35%

XHB expense ratio

0.08%

XLI expense ratio

Pair scorecard

XLI costs 0.27 points a year less; their one-year returns differ by 18.8 points; XLI is far larger, $30.8bn against $1.5bn.

XHB vs XLI: Differences, Returns & Fees
Measure	XHB	XLI
Return
Measure	XHB	XLI
Total return, 1 year	−8.6%	+10.2%
Drawdown
Measure	XHB	XLI
Below its high	20.5%, high on Oct 18, 2024	9.4%, high on Aug 14, 2026
Benchmark
Measure	XHB	XLI
What it tracks	S&P Homebuilders Select Industry Index	Industrial Select Sector Index
Cost and size
Measure	XHB	XLI
Expense ratio	0.35%	0.08%
Net assets, as of Oct 27, 2026	$1.5bn	$30.8bn
Holdings
Measure	XHB	XLI
Holdings in common	5%
Top ten holdings, share of the fund	35.4%	37.8%

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

What they share

By the books each fund has filed, XHB and XLI hold 5% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

5% in common

Positions both hold · largest shared weight first XHB XLI

TRANE TECHNOLOGIES PLC 3.34% 1.90%

JOHNSON CONTROLS INTERNATION 3.46% 1.77%

CARRIER GLOBAL CORP 3.21% 0.89%

ALLEGION PLC 3.83% 0.29%

MASCO CORP 3.49% 0.28%

LENNOX INTERNATIONAL INC 3.19% 0.22%

Only in one fund ↓

Only in XHB

SHARKNINJA INC 3.76%

WAYFAIR INC CLASS A 3.63%

WILLIAMS SONOMA INC 3.54%

SIMPSON MANUFACTURING CO INC 3.49%

DR HORTON INC 3.41%

TOLL BROTHERS INC 3.38%

LENNAR CORP A 3.37%

CARLISLE COS INC 3.33%

Only in XLI

CATERPILLAR INC 6.14%

GENERAL ELECTRIC 5.79%

RTX CORP 4.91%

GE VERNOVA INC 4.47%

UNION PACIFIC CORP 3.34%

DEERE + CO 3.01%

EATON CORP PLC 2.79%

UBER TECHNOLOGIES INC 2.52%

Check overlap with more funds →

Side by side

XHB State Street SPDR S&P Homebuilders ETF XLI State Street Industrial Select Sector SPDR ETF

Where it sits Stock ETF Stock ETF

Issuer State Street State Street

What it is Tracks the S&P Homebuilders Tracks an index of Industrials

Total return, 1 year −8.6% +10.2%

Its benchmark over the same days not measured +13.6% (SPY)

Gap to its benchmark not measured −3.4 pts vs SPY

Expense ratio 0.35% 0.08%

Already in the S&P 500 45.7% 99.9%

Holdings 34 84

Net assets, as of Oct 27, 2026 $1.5bn $30.8bn

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

Alert

About each fund

XHB

XHB tracks the S&P Homebuilders. Over the year to Oct 28, 2026 it returned −8.6% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 46% of the fund by weight is stocks the S&P 500 also holds, across 34 positions, with the top ten at 35.4%. It sat 20.5% below its high of Oct 18, 2024 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, XHB or XLI?: In the year to Oct 28, 2026, with distributions reinvested, XHB returned −8.6% and XLI +10.2%.
Which is cheaper, XHB or XLI?: XLI is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do XHB and XLI overlap with the S&P 500?: By their latest filed holdings, 46% of XHB and 100% of XLI by weight is stocks the S&P 500 already holds.

Other comparisons

XHB vs XLF XHB vs XLP XHB vs XLB XHB vs XLRE XLI vs XRT XLI vs XLY XLI vs XLV XLF vs XLI

Where to next

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

Sources and dates

XHB filings on SEC EDGAR ↗

XHB prospectus with the expense ratio (SEC) ↗

State Street website ↗

XLI filings on SEC EDGAR ↗

XLI prospectus with the expense ratio (SEC) ↗

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.

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ETFIQ, XHB against XLI, data as of Oct 28, 2026. https://etfiq.com/compare/any/xhb-vs-xli

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