IVV vs XLB: how much do they overlap?
iShares Core S&P 500 ETF (IVV) · Materials Select Sector SPDR ETF (XLB)
overlap by weight · 24 shared holdings
IVV: 503 holdings (as of 2026-03-31) · XLB: 26 holdings (as of 09-Jul-2026)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Low overlap
What this means
IVV and XLB hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.
Top shared holdings
| Company | Ticker | in IVV | in XLB |
|---|---|---|---|
| Linde plc | LIN | 0.41% | 14.41% |
| Newmont Corp. | NEM | 0.21% | 6% |
| Freeport-McMoRan, Inc. | FCX | 0.15% | 5.16% |
| Sherwin-Williams Co. (The) | SHW | 0.13% | 4.82% |
| CRH plc | CRH | 0.13% | 4.61% |
| Ecolab, Inc. | ECL | 0.12% | 4.69% |
| Air Products & Chemicals, Inc. | APD | 0.12% | 4.72% |
| Corteva, Inc. | CTVA | 0.1% | 4.97% |
| Nucor Corp. | NUE | 0.07% | 3.91% |
| Vulcan Materials Co. | VMC | 0.06% | 4.67% |
FAQ
How much do IVV and XLB overlap?
IVV and XLB have a 2% overlap by weight, sharing 24 holdings (out of 503 in IVV and 26 in XLB), based on official issuer holdings as of 2026-03-31.
What does 2% overlap mean?
IVV and XLB hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do IVV and XLB both hold?
The largest shared positions are Linde plc, Newmont Corp., Freeport-McMoRan, Inc., Sherwin-Williams Co. (The), CRH plc. The full list of top shared holdings with weights in each fund is shown on this page.