ETF comparison

XAR vs XLI

Both Industrials.

State Street SPDR S&P Aerospace & Defense ETF · State Street Industrial Select Sector SPDR ETF

Holdings overlap

Weighted by ISIN/CUSIP
20.7 %

13 positions appear in both funds. Buying equal dollars of XAR and XLI would leave roughly 20.7% of each dollar exposed to the same underlying securities.

XAR only 79.3% Shared 20.7% XLI only 79.1%
In XAR only
29 positions
Shared
13 positions
In XLI only
67 positions

Side by side

XAR

State Street SPDR S&P Aerospace & Defense ETF

State Street · Industrials

76 composite / 100
Expense ratio
0.35%
Net assets
$6.47B
TTM yield
0.30%
Top-10 conc.
31.8%
XLI

State Street Industrial Select Sector SPDR ETF

State Street · Industrials

87 composite / 100
Expense ratio
0.080%
Net assets
$33.96B
TTM yield
1.14%
Top-10 conc.
39.5%

Sub-score comparison

65
Cost
92
85
Tax efficiency
83
92
Liquidity
100
69
Concentration
58
Tracking quality
XAR sub-score XLI

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

XLI is 27 bps cheaper than XAR. On a $100,000 position that's about $270/yr more in fees for XAR.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with XAR vs XLI.

Top shared holdings

13 shared in total
# Holding In XAR In XLI Overlap
1 RTX Corp 3.08% 5.13% 3.08%
2 Boeing Co/The 3.08% 3.09% 3.08%
3 General Electric Co 2.89% 5.89% 2.89%
4 Lockheed Martin Corp 3.08% 2.42% 2.42%
5 Howmet Aerospace Inc 3.04% 1.83% 1.83%
6 Northrop Grumman Corp 3.08% 1.80% 1.80%
7 General Dynamics Corp 3.21% 1.72% 1.72%
8 TransDigm Group Inc 3.05% 1.30% 1.30%
9 L3Harris Technologies Inc 3.14% 1.28% 1.28%
10 Axon Enterprise Inc 2.72% 0.66% 0.66%
11 Textron Inc 3.11% 0.30% 0.30%
12 Huntington Ingalls Industries Inc 3.04% 0.30% 0.30%

Only in XAR

29 total
  • BWX Technologies Inc 3.46%
  • Curtiss-Wright Corp 3.26%
  • Carpenter Technology Corp 3.20%
  • Hexcel Corp 3.17%
  • FTAI Aviation Ltd 3.12%
  • Woodward Inc 3.07%
  • ATI Inc 3.06%
  • StandardAero Inc 2.99%
  • HEICO Corp 2.96%
  • Rocket Lab Corp 2.96%

Only in XLI

67 total
  • Caterpillar Inc 6.53%
  • GE Vernova Inc 4.66%
  • Uber Technologies Inc 2.93%
  • Union Pacific Corp 2.85%
  • Honeywell International Inc 2.84%
  • Deere & Co 2.81%
  • Eaton Corp PLC 2.75%
  • Parker-Hannifin Corp 2.24%
  • Vertiv Holdings Co 1.90%
  • Trane Technologies PLC 1.83%

Open XAR or XLI at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.