Set against the backcloth of increasing recognition and attention to literature in foreign language education (FLE) globally, this article reports part of a large-scale study of 1,190 secondary-level learners' views of the benefits of literature, as instantiated by short stories (ShS) and poems and songs (PS) in their English-as-a-foreign-language learning. An inventory of 27 items (13 language-related and 14 non-language-related) was compiled with reference to previous studies and curricular documents. The analyses compared the two modules through independent t-tests, as well as including an exploratory factor analysis to examine latent factors. Findings reveal a three factor structure and a slightly positive view of the benefits of literature. ShS were perceived to be generally more beneficial than PS, especially in the domains of generic skills and work/studies. There were benefits common to ShS and PS, which by extension, may be universal to literary texts at large. This study makes a theoretical contribution by unveiling the potential value of literature in FLE and the three underlying factors of its perceived benefits. Practically, the inventory can be used by foreign language (FL) teachers to measure students' perceptions to inform their use of literature in FLE.