IYC vs XRT: Grades, Fees and Holdings Compared

iShares U.S. Consumer Discretionary ETF

IYCCNYSE Arca

State Street SPDR S&P Retail ETF

XRTBNYSE Arca

Overlap

16.9%by weight

Expense ratio

XRT −0.02pt a year

IYC0.37%XRT0.35%

Avg volume · 30D

XRT 27.1×the volume

IYC145KXRT3.92M

10Y return · a year

IYC +2.4pt

IYC+12.1%XRT+9.7%

IYC vs XRT Performance

Nov 9, 2021 – Nov 9, 2026

+26.9%IYC−2.1%XRT

Expense ratio: IYC 0.37%; XRT 0.35%, better
Fund size: IYC $1.61B; XRT $591M
1Y total return: IYC +4.3%; XRT +17.2%, better
Yield (12M): IYC 0.50%; XRT 0.80%, better
Holdings: IYC 158; XRT 75
Avg volume (30D): IYC 145K sh; XRT 3.92M sh, better
NAV per share: IYC $103.31; XRT $89.50
52W range

ETF.net Grade

Pillar letters and Scores for IYC, XRT, with each pillar’s weight
Pillar	IYC	XRT
Cost30% weight	D29	C50Higher
Mission25% weight	Not scored	A85
Risk15% weight	A72Higher	B68
Tradability15% weight	B60	A87Higher
Holdings10% weight	B58	A86Higher
Durability5% weight	A71Higher	B59

Rank among Consumer Discretionary (Broad) funds

How we build Categories ›

Same Category. IYC and XRT are both graded against the same 14 Consumer Discretionary (Broad) funds, so their Grades compare head to head.

Consumer Discretionary (Broad)⁠

Category · 14 funds

See all 14 ›

XRT ranks 3rd and IYC 8th of 14 funds in the Consumer Discretionary (Broad) Category.

Rank 1AXLYState Street Consumer Discretionary Select Sector SPDR ETFScore 80
Rank 2BFDISFidelity MSCI Consumer Discretionary Index ETFScore 70
Rank 3BXRTState Street SPDR S&P Retail ETFScore 66
Rank 4BVCRVanguard Consumer Discretionary ETFScore 63
Rank 7CPSCDInvesco S&P SmallCap Consumer Discretionary ETFScore 51
Rank 8CIYCiShares U.S. Consumer Discretionary ETFScore 50
Rank 9CTRUDVanEck Consumer Discretionary TruSector ETFScore 49

Our read on each fund

ETF.net Research

IYCCiShares U.S. Consumer Discretionary ETF

XRTBState Street SPDR S&P Retail ETF

In short

IYC Consumer discretionary with the tent pitched wide: about 160 Russell 1000 names spanning retail, media and consumer services, with index caps that trim the giants daily. On the tape since June 2000, at 0.37%.

XRT Pure retail, not broad consumer discretionary. XRT equal-weights roughly 80 store chains and online sellers, so a small-cap mall retailer carries about as much freight as a mega-cap giant. It has been the sector's trading vehicle since 2006.

Stated mandate

IYC The fund seeks to track an index of U.S. equities in the consumer discretionary sector, providing diversified exposure to retail, media, and consumer services companies in the United States.

XRT The fund seeks to provide investment results that generally correspond to the total return performance of the S&P Retail Select Industry Index, before fees and expenses.

Why people hold it

IYC Breadth over a short list: about 160 stocks drawn from the Russell 1000, so mid-cap retailers and services names ride along with the mega-caps.ishares.com
The benchmark is a 40 Act capped build, trimming the heaviest weights on a daily basis so one runaway giant cannot quietly become the whole fund.lseg.com
The media aisle comes attached: retail, consumer services and media companies all sit under one ticker here.ishares.com
Listed in June 2000, so it has traded through the dot-com bust, 2008 and 2020, and it pays quarterly.

XRT Modified equal weight: the index resets constituents toward equal slices each quarter, so a single giant retailer does not run the whole fund.spglobal.com
Retail only: apparel, automotive, broadline, computer and electronics, staples merchandise, drug, food and specialty stores. Car dealers count, carmakers do not.ssga.com
Trading since 2006 and very actively traded, one of the older and busier ways to take a targeted position on US retail rather than a whole sector.ssga.com
Sticks tightly to its index and stands among the stronger builds in its consumer discretionary peer group. Pays quarterly.

Worth knowing

IYC At 0.37% the fee sits near the category median, but the cheapest cap-weighted rivals undercut it hard: XLY at 0.08%, FDIS at 0.084%, VCR at 0.09%.
Caps trim the top names, they do not flatten them: a few giants still steer this sector, and the whole thing rides on consumer spending.
Moderately traded rather than a volume monster, so spreads can run wider than at the category's busiest tickers.

XRT At 0.35% it costs more than broad cap-weighted discretionary funds like XLY and FDIS near 0.08%. The focus and the equal weighting are what the extra buys.
Equal weighting pulls small and mid-cap chains up next to the giants, so moves can be sharper than a cap-weighted sector fund's.ssga.com
One industry, roughly 80 names. When shoppers tighten up, there is no other sector inside the fund to cushion it.

Full IYC profile⁠

Full XRT profile⁠

IYC vs XRT Holdings

How IYC and XRT differ

Overlap by weight

16.9%

Shared holdings make up 48.7% of XRT and 37.0% of IYC.

Level by level

Holdings34 in both16.9%
Sector6 Sectors83.3%
Countryby domicile98.7%
Asset classStocks100%

Sector

Sector weights in IYC and XRT, widest gap first
Sector	Gap	IYC	XRT
Communication	IYC +11.8 points	12.5%	0.7%
Consumer Staples	XRT +7.9 points	12.4%	20.3%
Consumer Discretionary	XRT +7.6 points	68.5%	76.1%
Industrials	IYC +3.3 points	3.3%	0.0%
Technology	IYC +1.8 points	3.3%	1.5%
Health Care	XRT +1.3 points	0.0%	1.3%

Country, concentration and asset class

Country by domicile

Country weights in IYC and XRT, widest gap first
Country	Gap	IYC	XRT
United States	XRT +1.3 points	98.7%	100.0%
Switzerland	IYC +0.8 points	0.8%	0.0%
Other countries (2)	IYC +0.5 points	0.5%	0.0%

Concentration

Weight in the 10 largest Holdings

IYC50.3%
XRT17.3%

Securities held

IYC156
XRT74

Asset class

IYC: Stocks
XRT: Stocks

Holdings

Only in IYC122
In both34
Only in XRT40

Only in IYC

122 securities, 62.9% of IYC by weight

Tesla Inc7.32%
Home Depot4.01%
Netflix3.87%
Walt Disney3.44%
Mcdonalds Corp3.33%
Uber Technologies2.28%
Lowes Companies Inc2.13%
Booking Holdings2.11%
Starbucks Corp2.04%
Spotify Technology1.61%
Marriott International Class A1.54%
Royal Caribbean Group1.39%
Hilton Worldwide Holdings1.39%
Airbnb Class A1.33%
General Motors1.28%
Delta Air Lines0.91%
Ford Motor Co0.82%
Garmin0.80%
Nike Class B0.77%
Yum Brands0.76%
Chipotle Mexican Grill0.74%
Take Two Interactive Software0.67%
D R Horton0.64%
Carnival Corp Ltd0.64%
United Airlines Holdings0.62%
Roblox Class A0.53%
Expedia Group0.50%
Williams Sonoma Inc0.50%
Live Nation Entertainment0.48%
Estee Lauder Inc Class A0.46%
Copart Inc0.46%
Tapestry0.46%
Restaurants Brands International0.45%
Darden Restaurants Inc0.44%
Pultegroup0.42%
Omnicom Group Inc0.40%
Liberty Media Series C0.39%
Southwest Airlines0.35%
Sharkninja0.32%
Lennar A Class A0.30%
Rb Global0.29%
Genuine Parts0.29%
Hasbro0.28%
Nvr0.27%
Viking Holdings Ltd0.26%
Somnigroup International0.24%
Toll Brothers Inc0.24%
Aramark0.23%
Ralph Lauren Class A0.23%
Fox Class A0.22%

Only in XRT

40 securities, 51.2% of XRT by weight

Victoria’s Secret & Co1.90%
Realreal Inc/The1.79%
Upbound Group Inc1.78%
Kohls Corp1.75%
Academy Sports & Outdoors In1.75%
Maplebear Inc1.66%
Kroger Co1.60%
American Eagle Outfitters1.57%
Grocery Outlet Holding Corp1.53%
Signet Jewelers Ltd1.52%
Sally Beauty Holdings Inc1.52%
Weis Markets Inc1.48%
Casey’s General Stores Inc1.46%
Urban Outfitters Inc1.45%
Albertsons Cos Inc Class A1.44%
Advance Auto Parts Inc1.40%
National Vision Holdings Inc1.39%
Warby Parker Inc Class A1.38%
Buckle Inc/The1.37%
Ingles Markets Inc Class A1.35%
Marinemax Inc1.34%
Abercrombie & Fitch Co Class A1.31%
Asbury Automotive Group1.27%
Pricesmart Inc1.27%
Revolve Group Inc A1.26%
Pattern Group Inc Class A1.24%
Boot Barn Holdings Inc1.22%
Group 1 Automotive Inc1.21%
Savers Value Village Inc1.20%
Winmark Corp1.13%
Sonic Automotive Inc Class A1.08%
Caleres Inc0.91%
Sprouts Farmers Market Inc0.89%
Build A Bear Workshop Inc0.78%
Groupon Inc0.73%
Stitch Fix Inc Class A0.72%
Citi Trends Inc0.72%
Camping World Holdings Inc A0.65%
Arko Corp0.62%
Monro Inc0.58%

Weight gaps

All 34 Holdings in both funds, largest gap first.

Holding weights in IYC and XRT, widest gap first
Holding	Gap	IYC	XRT
Amazon.com IncAMZN	IYC +13.47 points	14.84%	1.37%
WalmartWMT	IYC +2.81 points	4.39%	1.58%
Costco Wholesale CorpCOST	IYC +2.75 points	4.30%	1.55%
Ollies Bargain Outlet HoldingsOLLI	XRT +1.57 points	0.09%	1.66%
EtsyETSY	XRT +1.54 points	0.14%	1.68%
Bath and Body WorksBBWI	XRT +1.53 points	0.07%	1.60%
Gamestop Class AGME	XRT +1.51 points	0.17%	1.68%
ValvolineVVV	XRT +1.45 points	0.08%	1.53%
Bjs Wholesale Club HoldingsBJ	XRT +1.40 points	0.24%	1.64%
Chewy Inc Class ACHWY	XRT +1.36 points	0.09%	1.45%
MacysM	XRT +1.33 points	0.10%	1.43%
GapGAP	XRT +1.26 points	0.08%	1.34%
Dicks SportingDKS	XRT +1.26 points	0.15%	1.41%
Dillards Class ADDS	XRT +1.26 points	0.03%	1.29%
Penske Automotive Group Voting IncPAG	XRT +1.23 points	0.06%	1.29%
Murphy UsaMUSA	XRT +1.19 points	0.15%	1.34%
Best BuyBBY	XRT +1.18 points	0.33%	1.51%
Coupang Class ACPNG	XRT +1.13 points	0.34%	1.47%
Ulta Beauty IncULTA	XRT +1.11 points	0.47%	1.58%
TjxTJX	IYC +1.11 points	2.54%	1.43%
Burlington StoresBURL	XRT +1.11 points	0.26%	1.37%
Tractor SupplyTSCO	XRT +1.10 points	0.32%	1.42%
AutonationAN	XRT +1.10 points	0.07%	1.17%
Five BelowFIVE	XRT +1.07 points	0.22%	1.29%
Dollar Tree IncDLTR	XRT +1.04 points	0.43%	1.47%
Carmax IncKMX	XRT +1.02 points	0.12%	1.14%
Lithia Motors Inc Class ALAD	XRT +1.01 points	0.11%	1.12%
Dollar General CorpDG	XRT +0.93 points	0.50%	1.43%
EbayEBAY	XRT +0.74 points	0.83%	1.57%
AutozoneAZO	XRT +0.57 points	0.90%	1.47%
Carvana Class ACVNA	XRT +0.47 points	0.86%	1.33%
Oreilly Automotive IncORLY	XRT +0.15 points	1.24%	1.39%
Ross Stores IncROST	XRT +0.13 points	1.24%	1.37%
Target CorpTGT	XRT +0.12 points	1.22%	1.34%

All 156 IYC holdings⁠All 74 XRT 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.

IYC vs XRT Cost

Overpaying IYC vs XRT

$387

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

IYC 0.37%
$7,513
XRT 0.35%
$7,126

Amount$10,000

Years30 years

Cost over time

IYC 0.37%
XRT 0.35%
Overpaying

Year by year

Year	IYC	XRT	Overpaying
10	$670	$634	$36
20	$2,590	$2,454	$136
30	$7,513	$7,126	$387

Expense ratio

0.37%IYC
0.35%XRT, cheaper

XRT0.35%IYC0.37%

0.08%0.60%

Middle half of Consumer Discretionary (Broad) funds
Median 0.35%

XRT 6th cheapest of 14 funds

IYC 9th cheapest of 14 funds

IYC vs XRT Dividends

Last 12 months to Nov 9, 2026

Yield (12M): IYC 0.50%; XRT 0.80%, better
Payout (12M): IYC $0.53; XRT $0.74
Last payment: IYC $0.15; XRT $0.17
Ex-dividend: IYC Sep 15, 2026; XRT Sep 21, 2026
Paid on: IYC Sep 18, 2026; XRT Sep 23, 2026
Frequency: IYC Quarterly; XRT Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IYCQuarterly · 39 paymentsAll IYC payments⁠

XRTQuarterly · 39 paymentsAll XRT payments⁠

IYC vs XRT Risk

Fall from peak · 5 years

Risk facts

VolatilityStd dev, 3 years: IYC 15.6%, betterXRT 20.6%
Return per unit of riskSharpe ratio, 3 years: IYC 0.77, betterXRT 0.61
Worst fallMax drawdown, 5 years: IYC −35.5%, betterXRT −44.6%
Market sensitivityBeta, 5 years: IYC 1.03XRT 1.17; Market = 1

IYC and XRT in the news

All news⁠

Deep Dive
Amazon and Tesla are 41.6% of consumer discretionary ETF XLY
Oct 28, 2026IYC
News
Dillard's to move its NYSE listing to the Texas Stock Exchange on Oct. 5
Sep 18, 2026XRT
News
August retail sales rise 1.2%, beating forecasts before the Fed decision
Sep 16, 2026XRT
Closing Bell
Saudi pipeline shutdown, crude near $106 and 10-year yield at 5.04% before Fed
Sep 15, 2026XRT
News
Michigan consumer survey falls to 47.8 as year-ahead inflation view rises to 4.6%
Sep 11, 2026XRT
Closing Bell
S&P 500 falls 0.4% after 162,000 jobs as semiconductor funds rise
Sep 4, 2026XRT

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