IYJ vs XLI: Holdings Overlap
IYJiShares U.S. Industrials ETF
iShares · 196 holdings · $2.0B · as of 2026-04-30
XLIState Street® Industrial Select Sector SPDR® ETF
State Street (SPDR) · 83 holdings · $34.2B · as of 2026-08-06
Holdings snapshots are 98 days apart (IYJ: 2026-04-30, XLI: 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 XLI?
iShares U.S. Industrials ETF (IYJ, by iShares) holds 196 positions; State Street® Industrial Select Sector SPDR® ETF (XLI, by State Street (SPDR)) holds 83. They have 67 holdings in common, and by portfolio weight the two funds are 59.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 59.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 67IYJ holds 196 · XLI holds 83
- Weight in Shared Holdings
- IYJ 60%·XLI 86%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
129 of 196 positions (40.3% of the fund) are not held by XLI. Showing the top 30 by weight.
Sector Breakdown
| Sector | IYJ | XLI |
|---|---|---|
| Industrials | 71.0% | 99.9% |
| Financials | 18.9% | 0.0% |
| Materials | 5.5% | 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% |
| XLI | +1.5% | +20.0% | +24.5% | +20.8% | +14.0% | +14.2% | 1.11% |
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 XLI →
Shared Holdings(67)
The top 10 shared positions account for 45% of the overlap, led by CAT, GE and GEV.
 CATCaterpillar Inc COM | 5.20% | 6.79% | 5.20% |
|---|---|---|---|
 GEGeneral Electric Co. | 3.81% | 6.73% | 3.81% |
 GEVGE Vernova Inc. COM | 3.69% | 4.63% | 3.69% |
 RTXRTX Corp. COM | 2.97% | 5.18% | 2.97% |
 BABoeing Co. (The) | 2.18% | 3.15% | 2.18% |
 ETNEaton Corporation PLC COM USD0.01 | 2.14% | 2.99% | 2.14% |
 UNPUnion Pacific Corporation COM | 2.03% | 3.02% | 2.03% |
 DEDeere & Company COM | 1.82% | 2.66% | 1.82% |
 PHParker-Hannifin Corp. COM | 1.45% | 2.32% | 1.45% |
 TTTrane Technologies PLC COM USD1 | 1.39% | 1.82% | 1.39% |
 PWRQuanta Services, Inc. COM | 1.35% | 1.73% | 1.35% |
 LMTLockheed Martin Corporation COM | 1.35% | 2.04% | 1.35% |
 HWMHowmet Aerospace Inc COM | 1.23% | 1.99% | 1.23% |
 CMICummins Inc. COM | 1.17% | 1.53% | 1.17% |
 JCIJohnson Controls International PLC COM USD1.00 | 1.13% | 1.62% | 1.13% |
 GDGeneral Dynamics Corporation COM | 1.10% | 1.69% | 1.10% |
 FDXFedEx Corporation COM | 1.09% | 1.19% | 1.09% |
 ADPAutomatic Data Processing, Inc. COM | 1.08% | 1.88% | 1.08% |
 CSXCSX Corporation COM | 1.08% | 1.62% | 1.08% |
 UPSUnited Parcel Service, Inc., Class B | 1.01% | 1.33% | 1.01% |
 EMREmerson Electric Co. COM | 1.00% | 1.51% | 1.00% |
 MMM3M Company COM | 0.99% | 1.62% | 0.99% |
 NOCNorthrop Grumman Corporation COM | 0.98% | 1.30% | 0.98% |
 ITWIllinois Tool Works Inc. COM | 0.94% | 1.33% | 0.94% |
 NSCNorfolk Southern Corporation COM | 0.90% | 1.32% | 0.90% |
Frequently Asked Questions
How much do IYJ and XLI overlap?
IYJ and XLI overlap by 59.6% of portfolio weight. They share 67 holdings (IYJ holds 196 positions and XLI holds 83), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IYJ and XLI?
The two portfolios are 59.6% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of IYJ and XLI?
The largest positions held by both funds are CAT, GE, GEV, RTX and BA. Together the top 10 shared positions account for 45% of the total overlap.
What does IYJ own that XLI doesn't?
129 positions (40.3% of IYJ) are unique to IYJ, led by V, MA and AXP. In the other direction, 16 positions (13.7% of XLI) are unique to XLI.