Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs XLE: how they differ
GARP and XLE hold 2% of their weight in the same names, and XLE returned more over the year.
iShares MSCI USA Quality GARP ETF and State Street(R) Energy Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, GARP and XLE hold 2% of their money in the same securities at the same weight.
| Holding | GARP | XLE |
|---|---|---|
| PHILLIPS 66 | 0.88% | 4.08% |
| TARGA RESOURCES CORP | 0.36% | 3.46% |
| EQT CORP | 0.25% | 2.00% |
| TEXAS PACIFIC LAND CORP | 0.23% | 1.52% |
| VALERO ENERGY CORP | 0.20% | 4.65% |
| MARATHON PETROLEUM CORP | 0.10% | 4.49% |
| Only in GARP | Only in XLE |
|---|---|
| KLA CORP 6.46% | Exxon Mobil Corp 22.71% |
| MICRON TECHNOLOGY INC 6.07% | Chevron Corp 16.12% |
| APPLE INC 4.44% | ConocoPhillips 6.58% |
| NVIDIA CORP 4.16% | Williams Cos Inc/The 5.04% |
| MICROSOFT CORP 4.10% | EOG Resources Inc 4.15% |
| BROADCOM INC 3.96% | SLB Ltd 4.10% |
| LAM RESEARCH CORP 3.79% | Kinder Morgan Inc 3.76% |
| ELI LILLY & COMPANY 3.73% | Baker Hughes Co 3.31% |
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 | XLE State Street(R) Energy 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 | Energy |
| Total return, 1 year | +29.5% | +50.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | +33.2 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 94.4% | 100.0% |
| Holdings | 131 | 21 |
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%.
XLE in plain words
XLE is an index equity fund tracking the Energy. Over the year to Sep 11, 2026 it returned +50.7% 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 Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 21 positions, with the top ten at 75.7%.
Questions people ask
- Which returned more over the last year, GARP or XLE?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and XLE returned +50.7%, so XLE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or XLE?
- GARP charges 0.15% a year and XLE charges 0.08%, so XLE is cheaper. Fees come from each fund's prospectus.
- How much do GARP and XLE overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 100% of XLE by weight is stocks the S&P 500 already holds. Between the two funds, 2% of their books are the same securities at the same weight.
Other comparisons
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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 XLE, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-XLE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources