PICK vs XLB overlap - what they share and where they differ
PICK and XLB share 10.9% of their weight across 4 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
PICK and XLB
10.9%
4 shared positions
PICK
iShares MSCI Global Metals & Mining Producers ETF
Reported positions cover 99% of the fund, 230 positions · May 31, 2026
Top 10: 48.9%·Holdings of PICK
XLB
State Street(R) Materials Select Sector SPDR(R) ETF
Reported positions cover 100% of the fund, 26 positions · Jun 30, 2026
Top 10: 58.4%·Holdings of XLB
Reported positions cover PICK 99%, XLB 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
XLB vs PICK side by side
PICKiShares MSCI Global Metals & Mining Producers ETF
230
stock positions reported to the SEC
88.0% of its weight is in 226 names XLB does not hold
XLBState Street(R) Materials Select Sector SPDR(R) ETF
26
stock positions reported to the SEC
84.3% of its weight is in 22 names PICK does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Basic Materials: XLB has 29.3 points more of it.
The figures side by side
| PICK | XLB | |
|---|---|---|
| Filing date | May 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 230 | 26 |
| Weight of the ten largest | 48.9% | 58.4% |
| Largest position | BHP 13.0% | LIN 14.1% |
| Held alone | 226 positions, 88.0% | 22 positions, 84.3% |
| Covered by stock positions | 99% | 100% |
Holdings they share
| Stock | In PICK | In XLB | Counted |
|---|---|---|---|
| FCXFREEPORT-MCMORAN INC. | 5.44% | 5.30% | 5.30% |
| NUENUCOR CORPORATION | 3.30% | 3.88% | 3.30% |
| STLDSTEEL DYNAMICS, INC. | 2.08% | 3.73% | 2.08% |
| DOWDOWA HOLDINGS CO.,LTD. | 0.20% | 2.64% | 0.20% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in PICK
Only in XLB
Questions people ask
Is PICK the same as XLB?
10.9% of their weight sits in the same 4 holdings. PICK also reports BHP, RIO, GLENCORE PLC, which the other does not. XLB also reports LIN, NEM, CTVA, which the other does not.
How is the overlap between PICK and XLB measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 99% of PICK and 100% of XLB, so the number cannot exceed the smaller coverage.
Which holds more, XLB or PICK?
PICK reports 230 stock positions and XLB reports 26. 88.0% of PICK's weight sits in names XLB does not hold, and 84.3% of XLB's weight in names PICK does not hold. The ten largest positions are 48.9% of PICK and 58.4% of XLB.
How do PICK and XLB differ by sector?
The widest gap is Basic Materials: XLB has 29.3 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
Add a third fund in the tool·All fund pairs
Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.