Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs XLC: how they differ
GARP and XLC hold 10% of their weight in the same names, and GARP returned more over the year.
iShares MSCI USA Quality GARP ETF and State Street(R) Communication Services Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, GARP and XLC hold 10% of their money in the same securities at the same weight.
| Holding | GARP | XLC |
|---|---|---|
| META PLATFORMS INC | 3.35% | 19.93% |
| ALPHABET INC | 2.88% | 13.10% |
| NETFLIX INC | 2.85% | 4.84% |
| ALPHABET INC | 0.91% | 10.44% |
| LIVE NATION ENTERTAINMENT INC | 0.04% | 3.50% |
| Only in GARP | Only in XLC |
|---|---|
| KLA CORP 6.46% | Take-Two Interactive Software Inc 5.26% |
| MICRON TECHNOLOGY INC 6.07% | Comcast Corp 4.71% |
| APPLE INC 4.44% | Warner Bros Discovery Inc 4.67% |
| NVIDIA CORP 4.16% | Electronic Arts Inc 4.64% |
| MICROSOFT CORP 4.10% | Walt Disney Co/The 4.49% |
| BROADCOM INC 3.96% | T-Mobile US Inc 4.16% |
| LAM RESEARCH CORP 3.79% | Verizon Communications Inc 4.15% |
| ELI LILLY & COMPANY 3.73% | AT&T Inc 4.10% |
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 Jun 30, 2026.
| GARP iShares MSCI USA Quality GARP ETF | XLC State Street(R) Communication Services Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | MSCI USA Quality GARP | Communication services |
| Total return, 1 year | +29.5% | −2.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | −19.5 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 94.4% | 100.0% |
| Holdings | 131 | 23 |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
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. The prospectus expense ratio is 0.08% a year. 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, GARP or XLC?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and XLC returned −2.0%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or XLC?
- GARP charges 0.15% a year and XLC charges 0.08%, so XLC is cheaper. Fees come from each fund's prospectus.
- How much do GARP and XLC overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 100% of XLC by weight is stocks the S&P 500 already holds. Between the two funds, 10% 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.
Cite this page. ETFIQ, GARP against XLC, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-XLC Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources