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

In the year to Oct 28, 2026, with distributions reinvested, XLE returned +61.2% and XLI +10.2%.

Which is cheaper, XLE or XLI?

Neither: XLE and XLI both charge 0.08% a year. Fees come from each fund's prospectus.

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

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

Data as of Oct 28, 2026.

Across categories

XLE vs XLI: Differences, Returns & Fees

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Over the year to Oct 28, 2026, XLE returned +61.2% to XLI's +10.2%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $45.2bn for State Street Energy Select Sector SPDR ETF and $30.8bn for State Street Industrial Select Sector SPDR ETF.

XLE on its own →XLI on its own →

At a glance

+61.2%

XLE total return, 1 year

+10.2%

XLI total return, 1 year

0.08%

XLE expense ratio

0.08%

XLI expense ratio

Pair scorecard

Both cost 0.08% a year; their one-year returns differ by 51.0 points; XLE is 1.5 times larger.

Points (pts) are percentage points.

XLE vs XLI: Differences, Returns & Fees
Measure	XLE	XLI
Return
Measure	XLE	XLI
Total return, 1 year	+61.2%	+10.2%
Drawdown
Measure	XLE	XLI
Below its high		9.4%, high on Aug 14, 2026
Benchmark
Measure	XLE	XLI
What it tracks	Energy Select Sector Index	Industrial Select Sector Index
Cost and size
Measure	XLE	XLI
Expense ratio	0.08%	0.08%
Net assets, as of Oct 27, 2026	$45.2bn	$30.8bn
Holdings
Measure	XLE	XLI
Holdings in common	0%
Top ten holdings, share of the fund	78.1%	37.8%

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

Risk and return

Dec 31, 1998 to Oct 23, 2026 · 1,451 weekly returns

XLE XLI

Return

Total return edge XLE +1,121.8% +998.8%

Annualized edge XLE (slight) +9.4% +9.0%

Price return edge XLI +494.1% +570.3%

Risk

Volatility edge XLI 26.8% 20.6%

Max drawdown edge XLI −68.9% −61.6%

Risk-adjusted

Sharpe edge XLI (slight) 0.41 0.44

Sortino edge XLI (slight) 0.57 0.62

Calmar edge XLI (slight) 0.14 0.15

Reading

XLE returned more: +1,121.8% to +998.8%. XLI swung less: 20.6% to 26.8%. XLI fell less at its worst: −61.6% to −68.9%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: XLE vs XLI: Differences, Returns & Fees
Measure	XLE	XLI	Edge	How it is measured
Return
Total return	+1,121.8%	+998.8%	XLE	Price change plus distributions, reinvested.
Annualized	+9.4%	+9.0%	XLE (slight)	Total return as a yearly rate.
Price return	+494.1%	+570.3%	XLI	Price change alone, distributions left out.
Risk
Volatility	26.8%	20.6%	XLI	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	19.1%	14.4%	XLI	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−68.9%	−61.6%	XLI	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.41	0.44	XLI (slight)	Return above Treasury bills per unit of volatility.
Sortino	0.57	0.62	XLI (slight)	Return above Treasury bills per unit of downside deviation.
Calmar	0.14	0.15	XLI (slight)	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,451 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, XLE and XLI 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 XLE XLI

Only in one fund ↓

Only in XLE

EXXONMOBIL HOLDINGS CORP 23.98%

CHEVRON CORP 18.21%

CONOCOPHILLIPS 7.18%

MARATHON PETROLEUM CORP 4.67%

PHILLIPS 66 4.41%

VALERO ENERGY CORP 4.26%

WILLIAMS COS INC 4.22%

EOG RESOURCES INC 4.07%

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

XLE State Street Energy Select Sector SPDR 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 an index of Energy Tracks an index of Industrials

Total return, 1 year +61.2% +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 0.08% 0.08%

Already in the S&P 500 99.8% 99.9%

Holdings 22 84

Net assets, as of Oct 27, 2026 $45.2bn $30.8bn

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

Client brief · page 1 of 2 Report BR-72B001788D

XLE and XLI do different jobs. What does each one do in a portfolio?

What each follows. XLE follows Energy Select Sector Index and XLI follows Industrial Select Sector Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 XLE returned +61.2% and XLI +10.2% with distributions reinvested, a gap of 51.0 points.

Data as of Oct 28, 2026.

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About each fund

XLE

XLE tracks an index of Energy. Over the year to Oct 28, 2026 it returned +61.2% 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 22 positions, with the top ten at 78.1%.

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. 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, XLE or XLI?: In the year to Oct 28, 2026, with distributions reinvested, XLE returned +61.2% and XLI +10.2%.
Which is cheaper, XLE or XLI?: Neither: XLE and XLI both charge 0.08% a year. Fees come from each fund's prospectus.
How much do XLE and XLI overlap with the S&P 500?: By their latest filed holdings, 100% of XLE and 100% of XLI by weight is stocks the S&P 500 already holds.

Other comparisons

VHT vs XLE XLE vs XLF XLE vs XLP XLE vs XLRE IYE vs XLI VDE vs XLI XLI vs XOP XLI vs XLV

Where to next

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

Sources and dates

XLE and XLI filings on SEC EDGAR ↗

XLE and XLI 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, XLE against XLI, data as of Oct 28, 2026. https://etfiq.com/compare/any/xle-vs-xli

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