XLI vs SPY
Comparison between THE INDUSTRIAL SELECT SECTOR SPDR FUND (XLI, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed XLI, delivering a return of +13.3% compared to +12.1%
XLI vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
XLI
$28B
Winner
SPY
$652B
Expense Ratio
Winner
XLI
0.08%
SPY
0.09%
Max Drawdown
XLI
63.34%
Winner
SPY
56.47%
Sharpe Ratio
XLI
1.57
Winner
SPY
2.07
5Y Beta
Winner
XLI
0.89
SPY
1.00
P/E Ratio
XLI
32.67
Winner
SPY
28.24
Forward P/E
XLI
26.30
Winner
SPY
21.85
PEG Ratio
XLI
0.70
SPY
N/A
5Y Dividends CAGR
Winner
XLI
7.99%
SPY
5.43%
5Y EPS CAGR
XLI
10.48%
Winner
SPY
25.79%
Debt to Equity
XLI
65.95%
Winner
SPY
22.35%
P/S Ratio
Winner
XLI
3.19
SPY
3.55
P/B Ratio
XLI
7.10
Winner
SPY
5.29
XLI vs SPY - Holdings Comparison
XLI and SPY have 80 common holdings. Overlap is 8.69%
XLI's top 25 holdings weight is 66.13%. SPY's top 25 holdings weight is 51.32%.
| Rank | XLI | SPY |
|---|---|---|
| #1 | CATERPILLAR INC (CAT) - 7.14% | NVIDIA CORP (NVDA) - 8.45% |
| #2 | GE AEROSPACE (GE) - 5.69% | APPLE INC (AAPL) - 6.48% |
| #3 | GE VERNOVA INC (GEV) - 5.50% | MICROSOFT CORP (MSFT) - 5.20% |
| #4 | RTX CORP (RTX) - 4.42% | AMAZON.COM INC (AMZN) - 4.14% |
| #5 | BOEING CO (BA) - 3.40% | ALPHABET INC CLASS A (GOOGL) - 3.32% |
| #6 | EATON CORP PLC (ETN) - 3.01% | BROADCOM INC (AVGO) - 3.09% |
| #7 | UNION PACIFIC CORP (UNP) - 2.98% | ALPHABET INC CLASS C (GOOG) - 2.65% |
| #8 | UBER TECHNOLOGIES INC (UBER) - 2.86% | META PLATFORMS INC CLASS A (META) - 2.40% |
| #9 | DEERE & CO (DE) - 2.67% | TESLA INC (TSLA) - 1.73% |
| #10 | HONEYWELL INTERNATIONAL INC (HON) - 2.54% | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.43% |
| #11 | PARKER HANNIFIN CORP (PH) - 2.28% | JPMORGAN CHASE & CO (JPM) - 1.37% |
| #12 | VERTIV HOLDINGS CO CLASS A (VRT) - 2.19% | ELI LILLY AND CO (LLY) - 1.13% |
| #13 | TRANE TECHNOLOGIES PLC CLASS A (TT) - 2.00% | EXXON MOBIL CORP (XOM) - 1.03% |
| #14 | LOCKHEED MARTIN CORP (LMT) - 1.95% | MICRON TECHNOLOGY INC (MU) - 0.93% |
| #15 | HOWMET AEROSPACE INC (HWM) - 1.81% | WALMART INC (WMT) - 0.91% |
| #16 | QUANTA SERVICES INC (PWR) - 1.76% | JOHNSON & JOHNSON (JNJ) - 0.90% |
| #17 | CUMMINS INC (CMI) - 1.66% | ADVANCED MICRO DEVICES INC (AMD) - 0.86% |
| #18 | n/a (JCI) - 1.63% | VISA INC CLASS A (V) - 0.85% |
| #19 | WASTE MANAGEMENT INC (WM) - 1.58% | COSTCO WHOLESALE CORP (COST) - 0.72% |
| #20 | CSX CORP (CSX) - 1.58% | MASTERCARD INC CLASS A (MA) - 0.67% |
| #21 | FEDEX CORP (FDX) - 1.58% | INTEL CORP (INTC) - 0.65% |
| #22 | AUTOMATIC DATA PROCESSING INC (ADP) - 1.50% | NETFLIX INC (NFLX) - 0.64% |
| #23 | GENERAL DYNAMICS CORP (GD) - 1.49% | CATERPILLAR INC (CAT) - 0.62% |
| #24 | EMERSON ELECTRIC CO (EMR) - 1.46% | CHEVRON CORP (CVX) - 0.58% |
| #25 | NORTHROP GRUMMAN CORP (NOC) - 1.45% | PROCTER & GAMBLE CO (PG) - 0.57% |
| Total Holdings | 82 | 505 |
XLI vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
XLI
+1.62%
Winner
SPY
+9.11%
3M
XLI
-0.01%
Winner
SPY
+6.59%
6M
Winner
XLI
+13.66%
SPY
+10.56%
1Y
XLI
+29.05%
Winner
SPY
+32.04%
5Y(CAGR)
XLI
+12.14%
Winner
SPY
+13.35%
10Y(CAGR)
XLI
+14.06%
Winner
SPY
+15.49%
Max(CAGR)
Winner
XLI
+9.17%
SPY
+8.50%
XLI vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | XLI | SPY |
|---|---|---|
| 2026 | +9.94% | +8.27% |
| 2025 | +19.75% | +18.00% |
| 2024 | +18.50% | +25.59% |
| 2023 | +17.87% | +26.72% |
| 2022 | -4.80% | -18.64% |
| 2021 | +24.08% | +30.52% |
| 2020 | +8.90% | +17.28% |
| 2019 | +28.43% | +31.09% |
| 2018 | -13.75% | -5.24% |
| 2017 | +23.23% | +20.78% |
| 2016 | +21.64% | +13.59% |
| 2015 | -4.19% | +1.31% |
| 2014 | +11.92% | +14.56% |
| 2013 | +37.25% | +29.00% |
| 2012 | +12.46% | +14.17% |
| 2011 | -1.82% | +0.85% |
| 2010 | +25.43% | +13.14% |
| 2009 | +17.74% | +22.67% |
| 2008 | -37.71% | -36.25% |
| 2007 | +12.77% | +5.32% |
| 2006 | +13.25% | +13.85% |
| 2005 | +3.64% | +5.32% |
| 2004 | +17.84% | +10.75% |
| 2003 | +28.54% | +24.18% |
| 2002 | -24.58% | -22.42% |
| 2001 | -6.01% | -10.13% |
| 2000 | +9.58% | -8.84% |
| 1999 | +8.76% | +8.61% |
XLI vs SPY Drawdown Comparison
The maximum drawdown for XLI was -62.27%, occurring on Mar 9, 2009. Recovery took 896 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current XLI drawdown is -2.92%.
| Rank | XLI | SPY |
|---|---|---|
| #1 | -62.27% Oct 9, 2007 - Apr 29, 2011 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -43.29% Dec 11, 2000 - Dec 1, 2004 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -42.31% Feb 12, 2020 - Nov 9, 2020 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -25.84% Apr 29, 2011 - Mar 15, 2012 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -24.10% Sep 21, 2018 - Jul 24, 2019 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -21.66% Jan 4, 2022 - Jun 15, 2023 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -18.50% Nov 29, 2024 - May 16, 2025 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -15.69% Feb 20, 2015 - Apr 27, 2016 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -14.93% Dec 31, 1999 - Apr 7, 2000 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -12.57% Aug 1, 2023 - Dec 12, 2023 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -12.44% May 5, 2006 - Nov 16, 2006 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -12.22% Mar 2, 2026 - Mar 30, 2026 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -12.16% Mar 16, 2012 - Dec 10, 2012 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -11.41% May 16, 2000 - Aug 11, 2000 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -11.30% Jan 26, 2018 - Sep 21, 2018 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between XLI and SPY is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.
1.00
-101
Dividend Comparison (1999 - 2026)
XLI vs SPY dividend yield comparison.
| Year | XLI | SPY |
|---|---|---|
| 2026 | 0.26% | 0.24% |
| 2025 | 1.29% | 1.07% |
| 2024 | 1.44% | 1.21% |
| 2023 | 1.63% | 1.40% |
| 2022 | 1.63% | 1.65% |
| 2021 | 1.25% | 1.20% |
| 2020 | 1.55% | 1.52% |
| 2019 | 1.94% | 1.75% |
| 2018 | 2.15% | 2.04% |
| 2017 | 1.77% | 1.80% |
| 2016 | 2.07% | 2.03% |
| 2015 | 2.15% | 2.06% |
| 2014 | 1.85% | 1.87% |
| 2013 | 1.67% | 1.81% |
| 2012 | 2.27% | 2.18% |
| 2011 | 2.16% | 2.05% |
| 2010 | 1.68% | 1.80% |
| 2009 | 2.32% | 1.95% |
| 2008 | 3.10% | 3.02% |
| 2007 | 1.45% | 1.85% |
| 2006 | 2.22% | 1.73% |
| 2005 | 1.56% | 1.73% |
| 2004 | 1.30% | 1.82% |
| 2003 | 1.28% | 1.47% |
| 2002 | 1.60% | 1.70% |
| 2001 | 1.23% | 1.25% |
| 2000 | 1.06% | 1.15% |
| 1999 | 0.66% | 0.24% |
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