SUSA vs XLI: Holdings Overlap
SUSAiShares ESG Optimized MSCI USA ETF
iShares · 170 holdings · $4.1B · 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 (SUSA: 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 SUSA and XLI?
iShares ESG Optimized MSCI USA ETF (SUSA, by iShares) holds 170 positions; State Street® Industrial Select Sector SPDR® ETF (XLI, by State Street (SPDR)) holds 83. They have 25 holdings in common, and by portfolio weight the two funds are 10.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 25SUSA holds 170 · XLI holds 83
- Weight in Shared Holdings
- SUSA 11%·XLI 41%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 SUSA
145 of 170 positions (88.8% of the fund) are not held by XLI. Showing the top 30 by weight.
Sector Breakdown
| Sector | SUSA | XLI |
|---|---|---|
| Industrials | 11.3% | 99.9% |
| Information Technology | 38.2% | 0.0% |
| Financials | 11.9% | 0.0% |
| Health Care | 9.0% | 0.0% |
| Communication Services | 8.5% | 0.0% |
| Other Sectors | 21.0% | 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 |
|---|---|---|---|---|---|---|---|
| SUSA | +3.0% | +14.4% | +24.2% | +19.9% | +11.2% | +14.9% | 0.82% |
| 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 SUSA vs XLI →
Shared Holdings(25)
The top 10 shared positions account for 68% of the overlap, led by CMI, TT and ADP.
 CMICummins Inc. COM | 1.33% | 1.53% | 1.33% |
|---|---|---|---|
 TTTrane Technologies PLC COM USD1 | 1.03% | 1.82% | 1.03% |
 ADPAutomatic Data Processing, Inc. COM | 0.79% | 1.88% | 0.79% |
 MMM3M Company COM | 0.72% | 1.62% | 0.72% |
 GWWW.w. Grainger Inc. COM | 0.67% | 0.96% | 0.67% |
 GEVGE Vernova Inc. COM | 0.57% | 4.63% | 0.57% |
 JCIJohnson Controls International PLC COM USD1.00 | 0.45% | 1.62% | 0.45% |
 XYLXylem, Inc. COM | 0.42% | 0.49% | 0.42% |
 VLTOVeralto Corp. COM SHS | 0.48% | 0.41% | 0.41% |
 EXPDExpeditors International Of Washington Inc. COM | 0.73% | 0.40% | 0.40% |
 BRBroadridge Financial Solutions Inc. COM | 0.32% | 0.33% | 0.32% |
 CATCaterpillar Inc COM | 0.31% | 6.79% | 0.31% |
 CHRWC.H. Robinson Worldwide Inc COM NEW | 0.38% | 0.30% | 0.30% |
 JJacobs Solutions Inc. COM | 0.53% | 0.29% | 0.29% |
 AXONAxon Enterprise Inc COM | 0.27% | 0.72% | 0.27% |
 FERGFerguson Enterprises Inc COMMON STOCK NEW | 0.24% | 0.85% | 0.24% |
 DALDelta Air Lines Inc. COM NEW | 0.22% | 1.03% | 0.22% |
 LIILennox International Inc. COM | 0.21% | 0.24% | 0.21% |
 PNRPentair PLC COM USD0.01 | 0.54% | 0.19% | 0.19% |
 DEDeere & Company COM | 0.16% | 2.66% | 0.16% |
 CARRCarrier Global Corporation COM | 0.16% | 0.86% | 0.16% |
 HWMHowmet Aerospace Inc COM | 0.16% | 1.99% | 0.16% |
 PWRQuanta Services, Inc. COM | 0.13% | 1.73% | 0.13% |
 URIUnited Rentals, Inc. COM | 0.12% | 1.25% | 0.12% |
 GEGeneral Electric Co. | 0.10% | 6.73% | 0.10% |
Frequently Asked Questions
How much do SUSA and XLI overlap?
SUSA and XLI overlap by 10.0% of portfolio weight. They share 25 holdings (SUSA holds 170 positions and XLI holds 83), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SUSA and XLI?
The two portfolios are 10.0% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of SUSA and XLI?
The largest positions held by both funds are CMI, TT, ADP, MMM and GWW. Together the top 10 shared positions account for 68% of the total overlap.
What does SUSA own that XLI doesn't?
145 positions (88.8% of SUSA) are unique to SUSA, led by NVDA, AAPL and MSFT. In the other direction, 58 positions (58.6% of XLI) are unique to XLI.