XAR vs XLB: holdings overlap, shared companies and scores
As of October 28, 2026, XAR and XLB overlap 0.0% by weight. State Street SPDR S&P Aerospace & Defense ETF (XAR): U.S. aerospace and defense companies. State Street Materials Select Sector SPDR ETF (XLB): U.S. materials sector.
Updated October 28, 2026
Where XAR and XLB trade against their own history
XAR trades at 31.2 times earnings, against its own median of 26.2, and is more expensive than 76% of its own last 9 years.
XLB trades at 21.6 times earnings, against its own median of 20.6, and is more expensive than 55% of its own last 9 years.
What moved XAR and XLB this week
XAR rose 1.1% in the week to October 28, 2026. The holdings that moved it most were Lockheed Martin (+14.2%), Honeywell Aerospace (+9.0%) and Rocket LAB (+9.2%); Carpenter Technology (−23.9%) pushed the other way.
XLB rose 1.1% in the week to October 28, 2026. The holdings that moved it most were DOW (+12.3%), PPG Industries (+7.5%) and Linde (+1.5%); Sherwin-Williams (−4.9%) pushed the other way.
What do XAR and XLB each hold?
What's inside XAR: Tech 1%.
32% of XAR is its ten largest holdings.
59% of XLB is its ten largest holdings.
How much do XAR and XLB overlap? 0.0% by weight
As of October 28, 2026, XAR and XLB overlap 0.0% by weight.
0% of XAR is already inside XLB.
0% of XLB is already inside XAR.
XAR holds 50 companies and XLB holds 24; 0 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score XAR and XLB? 4.9 and 4.1 out of 10
As of October 28, 2026, ETF Copilot scores XAR 4.9 out of 10 and XLB 4.1 out of 10.
They differ most on Growth: XAR 8.2 and XLB 4.0.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | XAR | XLB |
|---|---|---|
| Growth | 8.2 | 4.0 |
| Value | 2.1 | 5.1 |
| Risk | 2.0 | 5.1 |
| Quality | 0.9 | 2.6 |
| Return | 7.9 | 3.8 |
XLB is the cheaper of the two at 0.08% a year
As of October 28, 2026, XAR charges 0.35% a year, yields 0.16% and holds $5.0B in assets across 50 positions.
As of October 28, 2026, XLB charges 0.08% a year, yields 1.68% and holds $8.1B in assets across 24 positions.
| Measure | XAR | XLB |
|---|---|---|
| Expense ratio | 0.35% | 0.08% |
| Dividend yield | 0.16% | 1.68% |
| Assets under management | $5.0B | $8.1B |
| Holdings | 50 | 24 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Compare with similar funds
Cite this
ETF Copilot, “XAR vs XLB holdings overlap and scores”, as of October 28, 2026.
https://etf-copilot.com/compare/xar-vs-xlb
- State Street SPDR S&P Aerospace & Defense ETF (XAR)
- State Street Materials Select Sector SPDR ETF (XLB)
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