IYE vs XLE: Holdings Overlap
iShares · 38 holdings · $1.7B · as of 2026-04-30
XLEState Street® Energy Select Sector SPDR® ETF
State Street (SPDR) · 22 holdings · $38.5B · as of 2026-08-06
Holdings snapshots are 98 days apart (IYE: 2026-04-30, XLE: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are IYE and XLE?
iShares U.S. Energy ETF (IYE, by iShares) holds 38 positions; State Street® Energy Select Sector SPDR® ETF (XLE, by State Street (SPDR)) holds 22. They have 20 holdings in common, and by portfolio weight the two funds are 65.0% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 65.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 20IYE holds 38 · XLE holds 22
- Weight in Shared Holdings
- IYE 66%·XLE 79%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in IYE
18 of 38 positions (33.6% of the fund) are not held by XLE.
Only in XLE
2 of 22 positions (21.0% of the fund) are not held by IYE.
XOMEXXONMOBIL HOLDINGS CORP21.04%
IXPU6XAE ENERGY SEP260.00%
Sector Breakdown
| Sector | IYE | XLE |
|---|---|---|
| Energy | 98.8% | 99.8% |
| Information Technology | 1.1% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IYE | +5.2% | +30.1% | +39.7% | +13.0% | +21.6% | +8.7% | 2.19% |
| XLE | +5.2% | +30.4% | +40.5% | +13.3% | +22.8% | +9.8% | 2.64% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in IYE vs XLE →
Shared Holdings(20)
The top 10 shared positions account for 75% of the overlap, led by CVX, COP and WMB.
 CVXChevron Corp. COM | 15.40% | 15.05% | 15.05% |
|---|---|---|---|
 COPConocoPhillips COM | 6.51% | 6.04% | 6.04% |
 WMBWilliams Companies Inc. (The) COM | 4.38% | 3.98% | 3.98% |
 SLBSLB Ltd. COM USD0.01 | 3.94% | 4.60% | 3.94% |
 EOGEOG Resources Inc. COM | 3.55% | 4.28% | 3.55% |
 VLOValero Energy Corp. COM | 3.54% | 4.71% | 3.54% |
 MPCMarathon Petroleum Corp. COM | 3.43% | 4.78% | 3.43% |
 PSXPhillips 66 COM | 3.32% | 4.89% | 3.32% |
 BKRBaker Hughes Co., Class A | 3.12% | 3.95% | 3.12% |
 KMIKinder Morgan, Inc. COM | 2.92% | 3.90% | 2.92% |
 OKEOneok Inc. COM | 2.58% | 3.53% | 2.58% |
 TRGPTarga Resources Corp. COM | 2.46% | 3.66% | 2.46% |
 OXYOccidental Petroleum Corp. COM | 1.90% | 2.59% | 1.90% |
 FANGDiamondback Energy Inc COM | 1.80% | 2.34% | 1.80% |
 EQTEQT Corporation COM | 1.61% | 2.05% | 1.61% |
 HALHalliburton Company COM | 1.58% | 1.73% | 1.58% |
 DVNDevon Energy Corporation COM | 1.39% | 3.16% | 1.39% |
 TPLTexas Pacific Land Corporation COM | 1.14% | 1.31% | 1.14% |
 EXEExpand Energy Corp. COM | 1.03% | 1.40% | 1.03% |
 APAAPA Corp. COM | 0.64% | 0.82% | 0.64% |
Frequently Asked Questions
How much do IYE and XLE overlap?
IYE and XLE overlap by 65.0% of portfolio weight. They share 20 holdings (IYE holds 38 positions and XLE holds 22), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IYE and XLE?
The two portfolios are 65.0% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of IYE and XLE?
The largest positions held by both funds are CVX, COP, WMB, SLB and EOG. Together the top 10 shared positions account for 75% of the total overlap.
What does IYE own that XLE doesn't?
18 positions (33.6% of IYE) are unique to IYE, led by XOM, LNG and FTI. In the other direction, 2 positions (21.0% of XLE) are unique to XLE.