IYJ vs XLB: Holdings Overlap
IYJiShares U.S. Industrials ETF
iShares · 196 holdings · $2.0B · as of 2026-04-30
XLBState Street® Materials Select Sector SPDR® ETF
State Street (SPDR) · 25 holdings · $8.4B · as of 2026-08-06
Holdings snapshots are 98 days apart (IYJ: 2026-04-30, XLB: 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 IYJ and XLB?
iShares U.S. Industrials ETF (IYJ, by iShares) holds 196 positions; State Street® Materials Select Sector SPDR® ETF (XLB, by State Street (SPDR)) holds 25. They have 10 holdings in common, and by portfolio weight the two funds are 4.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 10IYJ holds 196 · XLB holds 25
- Weight in Shared Holdings
- IYJ 5%·XLB 36%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 IYJ
186 of 196 positions (95.3% of the fund) are not held by XLB. Showing the top 30 by weight.
Sector Breakdown
| Sector | IYJ | XLB |
|---|---|---|
| Materials | 5.5% | 99.9% |
| Industrials | 71.0% | 0.0% |
| Financials | 18.9% | 0.0% |
| Information Technology | 3.9% | 0.0% |
| Health Care | 0.3% | 0.0% |
| Other Sectors | 0.3% | 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 |
|---|---|---|---|---|---|---|---|
| IYJ | +2.4% | +14.0% | +19.0% | +16.9% | +9.3% | +12.7% | 0.70% |
| XLB | +2.6% | +17.5% | +22.4% | +10.0% | +6.8% | +10.2% | 1.61% |
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 IYJ vs XLB →
Shared Holdings(10)
The top 10 shared positions account for 100% of the overlap, led by CRH, SHW and VMC.
 CRHCRH plc | 1.00% | 4.26% | 1.00% |
|---|---|---|---|
 SHWThe Sherwin-Williams Company COM | 0.94% | 5.22% | 0.94% |
 VMCVulcan Materials Company COM | 0.50% | 4.51% | 0.50% |
 MLMMartin Marietta Materials Inc COM | 0.47% | 4.25% | 0.47% |
 DOWDow Inc COM | 0.36% | 2.93% | 0.36% |
 PPGPPG Industries, Inc. COM | 0.31% | 3.50% | 0.31% |
 SWSmurfit WestRock plc COM USD0.001 | 0.25% | 3.30% | 0.25% |
 PKGPackaging Corporation of America COM | 0.24% | 3.00% | 0.24% |
 AMCRAmcor PLC COM NEW | 0.22% | 2.91% | 0.22% |
 BALLBall Corporation COM | 0.21% | 2.25% | 0.21% |
Frequently Asked Questions
How much do IYJ and XLB overlap?
IYJ and XLB overlap by 4.5% of portfolio weight. They share 10 holdings (IYJ holds 196 positions and XLB holds 25), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IYJ and XLB?
The two portfolios are 4.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IYJ and XLB?
The largest positions held by both funds are CRH, SHW, VMC, MLM and DOW. Together the top 10 shared positions account for 100% of the total overlap.
What does IYJ own that XLB doesn't?
186 positions (95.3% of IYJ) are unique to IYJ, led by V, CAT and MA. In the other direction, 15 positions (63.7% of XLB) are unique to XLB.