ETF Versus

SPLG vs XLI

State Street SPDR Portfolio S&P 500 ETF vs State Street Industrial Select Sector SPDR ETF

Last updated: 2026-04-02

State Street SPDR Portfolio S&P 500 ETF (SPLG) is an exchange-traded fund that provides exposure to large-cap U.S. equities across growth and value styles. It charges a very low expense ratio of 0.02%. The fund offers a moderate dividend yield of 1.15%. Launched in 2009, the fund has a 17-year track record.

AUM: N/A ER: 0.02% Yield: 1.15% Since: 2009-01-02
XLI State Street

State Street Industrial Select Sector SPDR ETF (XLI) is an exchange-traded fund issued by State Street that provides exposure to us sector - industrials securities. It charges a low expense ratio of 0.09%. The fund offers a moderate dividend yield of 1.25%. Launched in 1998, the fund has a 28-year track record.

AUM: $25.6B ER: 0.09% Yield: 1.25% Since: 1998-12-22

Quick Verdict

SPLG has a slightly lower expense ratio (0.02% vs 0.09%), saving about $139 per $10,000 over 10 years. Over the past year, XLI has significantly outperformed with a 23.4% return vs 16.2%.

Key Metrics

Metric SPLG XLI
Expense Ratio 0.02% 0.09%
Dividend Yield 1.1% 1.3%
Fund Family N/A State Street
Category US Large Cap Blend US Sector - Industrials

Performance Chart

Indexed to 100 at start (5-year comparison)

80 100 120 140 160 180 2021-04 2022-06 2023-09 2024-12 2026-04
SPLG +61.4%
XLI +64.2%

Performance Comparison

Period SPLG XLI Difference
1 Month -3.66% -6.38% +2.72%
3 Months -4.07% +3.96% -8.03%
6 Months -2.39% +5.87% -8.26%
YTD -4.07% +3.96% -8.03%
1 Year +16.16% +23.44% -7.28%
3 Years +59.57% +62.04% -2.47%
5 Years +61.44% +64.24% -2.80%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPLG Fees XLI Fees You Save
$10,000 10 years $40 $179 $139
$10,000 20 years $172 $771 $598
$10,000 30 years $558 $2,486 $1,928
$50,000 10 years $200 $896 $696
$50,000 30 years $2,788 $12,428 $9,640
$100,000 30 years $5,575 $24,855 $19,280

Risk Metrics

Based on 5 years of daily returns

Metric SPLG XLI
Annualized Volatility 16.8% 17.2%
Max Drawdown -25.4% -22.7%
Sharpe Ratio 0.39 0.40

Dividend Comparison

Metric SPLG XLI
Annual Dividend (per share) $0.88 $2.05
Dividend Yield 1.15% 1.25%
Distribution Frequency Quarterly Quarterly

Top Holdings

XLI Top Holdings

NameWeight
General Electric Co680.74%
Caterpillar Inc561.69%
RTX Corp515.19%
GE Vernova Inc371.52%
Boeing Co/The356.20%
Uber Technologies Inc355.71%
Union Pacific Corp287.47%
Honeywell International Inc259.50%
Eaton Corp PLC259.19%
Deere & Co245.23%

Which One Should You Choose?

Choose SPLG if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose XLI if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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