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IXC vs XLE

iShares Global Energy ETF

IXCBNYSE Arca

State Street Energy Select Sector SPDR ETF

XLEANYSE Arca

Overlap

61.4%by weight

Expense ratio

XLE −0.29pt a year

IXC0.37%XLE0.08%

Avg volume · 30D

XLE 40.5×the volume

IXC747KXLE30.2M

10Y return · a year

XLE +0.3pt

IXC+11.6%XLE+11.9%

IXC vs XLE Performance

Oct 29, 2021 – Oct 30, 2026

+170.3%IXC+190.1%XLE

Oct 29, 2021 to Oct 30, 2026. IXC +170.3%. XLE +190.1%. Use the arrow keys to read each point.0%50%100%Oct 2021Apr 2024Oct 2026
Expense ratio
IXC 0.37%
XLE 0.08%, better
Fund size
IXC $3.48B
XLE $45.3B
1Y total return
IXC +59.3%
XLE +63.4%, better
Yield (12M)
IXC 2.45%, better
XLE 2.18%
Holdings
IXC 63
XLE 24
Avg volume (30D)
IXC 747K sh
XLE 30.2M sh, better
NAV per share
IXC $64.20
XLE $68.72
52W range

ETF.net Grade

IXC: Cost 65, Risk 52, Mission not scored, Tradability 70, Holdings 39, Durability 85. XLE: Cost 98, Risk 54, Mission not scored, Tradability 97, Holdings 37, Durability 88.
Pillar letters and Scores for IXC, XLE, with each pillar’s weight
PillarIXCXLE
Cost30% weightB65A98Higher
Mission25% weightNot scoredNot scored
Risk15% weightC52C54Higher
Tradability15% weightA70A97Higher
Holdings10% weightD39HigherD37
Durability5% weightA85A88Higher

Rank among Energy (Broad) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. IXC and XLE are both graded against the same 24 Energy (Broad) funds, so their Grades compare head to head.

Energy (Broad)⁠

Category · 24 funds
See all 24 ›

XLE ranks 1st and IXC 7th of 24 funds in the Energy (Broad) Category.

  1. Rank 1AXLEState Street Energy Select Sector SPDR ETFScore 80
  2. Rank 2AFENYFidelity MSCI Energy Index ETFScore 77
  3. Rank 5BRSPGInvesco S&P 500 Equal Weight Energy ETFScore 62
  4. Rank 7BIXCiShares Global Energy ETFScore 61
  5. Rank 8BPSCEInvesco S&P SmallCap Energy ETFScore 58

Our read on each fund

ETF.net Research

IXCBiShares Global Energy ETF

XLEAState Street Energy Select Sector SPDR ETF

In short

IXC Most energy ETFs stop at the US border. IXC owns the global oil and gas complex instead, roughly 50 producers and distributors worldwide, and it has been doing that job since 2001.

XLE The 1998 original and still the default way to trade US energy: XLE holds only the oil, gas and oilfield services names inside the S&P 500, capped-weighted, for 0.08% a year.

Stated mandate

IXC The fund seeks to track an index of global energy-sector equities, offering exposure to companies involved in producing and distributing oil and gas.

XLE The fund seeks to provide investment results that generally track the price and yield performance of the Energy Select Sector Index before expenses.

Why people hold it

  • IXC Global by mandate, not by accident: the index covers energy companies producing and distributing oil and gas worldwide, so the portfolio is not fenced into the US market.ishares.com
  • The benchmark is a capped version of the S&P Global 1200 Energy index, which limits how much any single supermajor can dominate the basket.ishares.com
  • 0.37% a year, right at the median fee for its energy cohort, on a multi-billion-dollar fund that trades actively.
  • Launched in 2001, so it has traded through multiple full oil cycles, and it sits in the upper half of its energy peer group.
  • XLE 0.08% a year against a 0.45% median for broad energy funds. It ties the cheapest in its group (FENY) and undercuts VDE.
  • Launched December 1998 as one of the first sector ETFs. Today a multi-billion-dollar fund and one of the most heavily traded in its category.
  • Clean pure play: oil, gas and consumable fuels plus energy equipment and services drawn from the S&P 500. No utilities riding along.ssga.com
  • Pays quarterly, and a deep listed options market sits around it for hedging or covered-call work.barchart.com

Worth knowing

  • IXC One sector, about 50 stocks. This tracks the fortunes of oil and gas, and there is nowhere inside the fund to hide when those prices turn.
  • Not the cheap seat in the cohort: peer PBOG charges 0.13% for a narrower integrated and E&P mandate.
  • Distributions come on an annual or semiannual schedule, so any income arrives in lumps rather than a monthly drip.
  • XLE A short roster by design, with the integrated majors carrying most of the weight. The index caps weights at each quarterly rebalance so no single stock runs away.spglobal.comssga.com
  • Large-cap US only. Small caps, midstream partnerships and overseas majors sit outside the mandate; FENY and VDE cast a wider net.ssga.com
  • One sector tied to one commodity complex: results move with crude and gas prices, in wider swings than a diversified index.ssga.com

Full IXC profile⁠

Full XLE profile⁠

IXC vs XLE Holdings

How IXC and XLE differ

Overlap by weight

61.4%

Shared holdings make up 99.8% of XLE and 61.4% of IXC.

Level by level

  • Sector7 Sectors0.0%
  • Holdings21 in both61.4%
  • Countryby domicile62.9%
  • Asset classEquity100%

Sector

Sector weights in IXC and XLE, widest gap first
SectorMore in IXCMore in XLE
EnergyXLE +100.0 points
Integrated Oil & GasIXC +56.5 points
Oil & Gas Exploration & ProductionIXC +16.8 points
Oil & Gas Storage & TransportationIXC +12.0 points
Oil & Gas Refining & Marketing & TransportationIXC +9.5 points
Oil & Gas Equipment & ServicesIXC +4.2 points
Coal & Consumable FuelsIXC +0.9 points

Country, concentration and asset class

Country by domicile

Country weights in IXC and XLE, widest gap first
CountryMore in IXCMore in XLE
United StatesXLE +37.1 points
CanadaIXC +13.2 points
United KingdomIXC +11.3 points
FranceIXC +4.8 points
BrazilIXC +2.1 points
AustraliaIXC +1.6 points
ItalyIXC +1.6 points
NorwayIXC +1.2 points
JapanIXC +1.2 points

Outside the US: IXC 94% developed, 6% emerging.

Concentration

Weight in the 10 largest Holdings

  • IXC60.8%
  • XLE78.4%

Securities held

  • IXC50
  • XLE22

Asset class

IXC
Equity
XLE
Equity

Holdings

  • Only in IXC29
  • In both21
  • Only in XLE1

Only in IXC

29 securities, 38.4% of IXC by weight

  • Shell7.52%
  • Totalenergies4.66%
  • Bp PLC3.18%

Only in XLE

1 security, 0.0% of XLE by weight

  • Xae Energy DEC260.01%

Weight gaps

All 21 Holdings in both funds, largest gap first.

Holding weights in IXC and XLE, widest gap first
HoldingMore in IXCMore in XLE
ChevronCVXXLE +7.14 points
Exxonmobil Holdings CorpXOMXLE +5.73 points
ConocophillipsCOPXLE +2.78 points
WilliamsWMBXLE +2.05 points
Eog ResourcesEOGXLE +1.98 points
SlbSLBXLE +1.90 points
Phillips 66PSXXLE +1.74 points
Marathon PetroleumMPCXLE +1.60 points

All 50 IXC holdings⁠All 21 XLE holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IXC vs XLE Cost

Overpaying IXC vs XLE

$5,824

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IXC 0.37%

    $7,513

  • XLE 0.08%

    $1,689

$10,000
30 years

Cost over time

  • IXC 0.37%
  • XLE 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530IXC $7,513XLE $1,689

Year by year

YearIXCXLEOverpaying
10$670$147$523
20$2,590$575$2,015
30$7,513$1,689$5,824

Expense ratio

  • 0.37%IXC
  • 0.08%XLE, cheaper
  • Middle half of Energy (Broad) funds
  • Median 0.46%

XLE cheapest of 24 funds

IXC 8th cheapest of 24 funds

IXC vs XLE Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IXC 2.45%, better
XLE 2.18%
Payout (12M)
IXC $1.57
XLE $1.52
Last payment
IXC $0.72
XLE $0.38
Ex-dividend
IXC Jun 15, 2026
XLE Sep 21, 2026
Paid on
IXC Jun 18, 2026
XLE Sep 23, 2026
Frequency
IXC Twice a year
XLE Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IXCTwice a year · 19 paymentsAll IXC payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.53; Dec 21, 2017 $0.56; Jun 19, 2018 $0.49; Dec 18, 2018 $0.54; Jun 17, 2019 $0.68; Dec 16, 2019 $1.48; Jun 15, 2020 $0.39; Dec 14, 2020 $0.60; Jun 10, 2021 $0.43; Dec 13, 2021 $0.67; Jun 9, 2022 $0.76; Dec 13, 2022 $1.10; Jun 7, 2023 $0.71; Dec 20, 2023 $0.64; Jun 11, 2024 $0.90; Dec 17, 2024 $0.84; Jun 16, 2025 $0.70; Dec 16, 2025 $0.85; Jun 15, 2026 $0.72. Use the arrow keys to read each point.$0$12017202020232026YTD
XLEQuarterly · 40 paymentsAll XLE payments⁠
One bar per payment. 40 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.21; Jun 16, 2017 $0.22; Sep 15, 2017 $0.43; Dec 15, 2017 $0.23; Mar 16, 2018 $0.24; Jun 15, 2018 $0.26; Sep 21, 2018 $0.26; Dec 21, 2018 $0.27; Mar 15, 2019 $0.26; Jun 21, 2019 $0.29; Sep 20, 2019 $0.28; Dec 20, 2019 $0.30; Dec 30, 2019 $0.90; Mar 23, 2020 $0.28; Jun 22, 2020 $0.25; Sep 21, 2020 $0.27; Dec 21, 2020 $0.26; Mar 22, 2021 $0.26; Jun 21, 2021 $0.27; Sep 20, 2021 $0.30; Dec 20, 2021 $0.35; Mar 21, 2022 $0.35; Jun 21, 2022 $0.41; Sep 19, 2022 $0.42; Dec 19, 2022 $0.43; Mar 20, 2023 $0.40; Jun 20, 2023 $0.35; Sep 18, 2023 $0.34; Dec 18, 2023 $0.40; Mar 18, 2024 $0.37; Jun 24, 2024 $0.36; Sep 23, 2024 $0.36; Dec 23, 2024 $0.35; Mar 24, 2025 $0.36; Jun 23, 2025 $0.36; Sep 22, 2025 $0.37; Dec 22, 2025 $0.37; Mar 23, 2026 $0.39; Jun 22, 2026 $0.38; Sep 21, 2026 $0.38. Use the arrow keys to read each point.$0$12017202020232026YTD

IXC vs XLE Risk

Fall from peak · 5 years

  • IXC
  • XLE
Oct 29, 2021 to Oct 30, 2026. Worst fall: XLE −26.1% · Jul 2022. Use the arrow keys to read each point.−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
IXC 19.7%, betterXLE 21.3%
Return per unit of riskSharpe ratio, 3 years
IXC 0.88, betterXLE 0.82
Worst fallMax drawdown, 5 years
IXC −24.9%, betterXLE −26.1%
Market sensitivityBeta, 5 years
IXC −0.06XLE −0.02

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