Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
XLB vs XLG: how they differ
XLB and XLG hold 1% of their weight in the same names.
State Street(R) Materials Select Sector SPDR(R) ETF and Invesco S&P 500 Top 50 ETF.
What they hold in common
By the books each fund has filed, XLB and XLG hold 1% of their money in the same securities at the same weight.
| Holding | XLB | XLG |
|---|---|---|
| LINDE PLC | 12.91% | 0.52% |
| Only in XLB | Only in XLG |
|---|---|
| NEWMONT CORP 8.14% | NVIDIA Corp 12.79% |
| FREEPORT MCMORAN INC 6.19% | Apple Inc 11.58% |
| CORTEVA INC 5.11% | Microsoft Corp 8.83% |
| AIR PRODUCTS + CHEMICALS INC 4.78% | Amazon.com Inc 5.95% |
| ECOLAB INC 4.75% | Alphabet Inc 4.71% |
| SHERWIN WILLIAMS CO/THE 4.70% | Broadcom Inc 4.12% |
| NUCOR CORP 4.59% | Alphabet Inc 3.77% |
| VULCAN MATERIALS CO 4.13% | Meta Platforms Inc 3.42% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| XLB State Street(R) Materials Select Sector SPDR(R) ETF | XLG Invesco S&P 500 Top 50 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | Invesco |
| What it is | Materials | S&P 500 top 50 |
| Total return, 1 year | +12.0% | +12.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −5.5 pts | −5.3 pts |
| Expense ratio | 0.08% | 0.20% |
| Already in the S&P 500 | 100.0% | 100.0% |
| Holdings | 27 | 52 |
XLB in plain words
XLB is an index equity fund tracking the Materials. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 27 positions, with the top ten at 59.4%. It sat 5.1% below its high of Aug 26, 2026 on Sep 11, 2026.
XLG in plain words
XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 52 positions, with the top ten at 60.3%.
Questions people ask
- Which returned more over the last year, XLB or XLG?
- In the year to Sep 13, 2026, with distributions reinvested, XLB returned +12.0% and XLG returned +12.2%, so XLG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, XLB or XLG?
- XLB charges 0.08% a year and XLG charges 0.20%, so XLB is cheaper. Fees come from each fund's prospectus.
- How much do XLB and XLG overlap with the S&P 500?
- By their latest filed holdings, 100% of XLB and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, XLB against XLG, data as of Sep 13, 2026. https://etfiq.com/compare/any/xlb-vs-xlg Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources