Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

FTEC vs XLC: how they differ

FTEC and XLC hold 0% of their weight in the same names, and FTEC returned more over the year.

Fidelity MSCI Information Technology Index ETF and State Street(R) Communication Services Select Sector SPDR(R) ETF.

What they hold in common

By the books each fund has filed, FTEC and XLC hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in FTECOnly in XLC
NVIDIA Corp 18.00%Meta Platforms Inc 19.93%
Apple Inc 14.38%Alphabet Inc 13.10%
Microsoft Corp 9.54%Alphabet Inc 10.44%
Broadcom Inc 5.01%Take-Two Interactive Software Inc 5.26%
Micron Technology Inc 2.64%Netflix Inc 4.84%
Advanced Micro Devices Inc 2.60%Comcast Corp 4.71%
Intel Corp 1.99%Warner Bros Discovery Inc 4.67%
Cisco Systems Inc 1.66%Electronic Arts Inc 4.64%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.

FTEC and XLC on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
FTEC
Fidelity MSCI Information Technology Index ETF
XLC
State Street(R) Communication Services Select Sector SPDR(R) ETF
Where it sitsCore index fundCore index fund
IssuerFidelityState Street
What it isMSCI Information TechnologyCommunication services
Total return, 1 year+35.7%−2.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+18.2 pts−19.5 pts
Expense ratio0.08%0.08%
Already in the S&P 50086.2%100.0%
Holdings28223

FTEC in plain words

FTEC is an index equity fund tracking the MSCI Information Technology. Over the year to Sep 11, 2026 it returned +35.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Apr 30, 2026, 86% of the fund by weight is stocks the S&P 500 also holds, across 282 positions, with the top ten at 58.8%. It sat 3.7% below its high of Jun 2, 2026 on Sep 11, 2026.

XLC in plain words

XLC is an index equity fund tracking the Communication services. Over the year to Sep 11, 2026 it returned −2.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 23 positions, with the top ten at 76.2%. It sat 5.7% below its high of Jan 30, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, FTEC or XLC?
In the year to Sep 12, 2026, with distributions reinvested, FTEC returned +35.7% and XLC returned −2.0%, so FTEC returned more. One year is one year; the longer windows are in the table.
Which is cheaper, FTEC or XLC?
FTEC charges 0.08% a year and XLC charges 0.08%, so FTEC is cheaper. Fees come from each fund's prospectus.
How much do FTEC and XLC overlap with the S&P 500?
By their latest filed holdings, 86% of FTEC and 100% of XLC by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

FTEC against XLC, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FTEC against XLC, data as of Sep 12, 2026. https://etfiq.com/compare/any/FTEC-XLC Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources