SPY vs XLB
State Street SPDR S&P 500 ETF Trust vs State Street Materials Select Sector SPDR ETF
Last updated: 2026-04-02
State Street SPDR S&P 500 ETF Trust (SPY) is an exchange-traded fund issued by State Street that provides exposure to large-cap U.S. equities across growth and value styles. It charges a low expense ratio of 0.09%. The fund offers a moderate dividend yield of 1.13%. Launched in 1993, the fund has a 33-year track record.
State Street Materials Select Sector SPDR ETF (XLB) is an exchange-traded fund issued by State Street that provides exposure to us sector - materials securities. It charges a low expense ratio of 0.09%. The fund offers a moderate dividend yield of 1.74%. Launched in 1998, the fund has a 28-year track record.
Quick Verdict
Both funds have delivered similar 1-year returns (16.0% vs 15.8%), tracking closely. Income investors may prefer XLB for its higher yield (1.7% vs 1.1%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
SPY Top Holdings
| Name | Weight |
|---|---|
| NVIDIA Corp | 775.46% |
| Apple Inc | 687.37% |
| Microsoft Corp | 615.05% |
| Amazon.com Inc | 384.22% |
| Broadcom Inc | 279.66% |
| Alphabet Inc | 249.68% |
| Meta Platforms Inc | 245.99% |
| Tesla Inc | 216.23% |
| Berkshire Hathaway Inc | 157.72% |
Which One Should You Choose?
Choose XLB if...
you prioritize dividend income and want higher regular distributions from your portfolio.