Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs XLK: how they differ
GARP and XLK hold 42% of their weight in the same names, and XLK returned more over the year.
iShares MSCI USA Quality GARP ETF and State Street(R) Technology Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, GARP and XLK hold 42% of their money in the same securities at the same weight.
| Holding | GARP | XLK |
|---|---|---|
| MICRON TECHNOLOGY INC | 6.07% | 5.42% |
| APPLE INC | 4.44% | 12.86% |
| NVIDIA CORP | 4.16% | 14.66% |
| MICROSOFT CORP | 4.10% | 8.38% |
| BROADCOM INC | 3.96% | 5.41% |
| LAM RESEARCH CORP | 3.79% | 3.02% |
| ADVANCED MICRO DEVICES INC | 2.21% | 5.28% |
| KLA CORP | 6.46% | 2.20% |
| PALANTIR TECHNOLOGIES INC | 1.78% | 1.49% |
| AMPHENOL CORP | 1.52% | 1.21% |
| ORACLE CORP | 1.18% | 1.39% |
| ARISTA NETWORKS INC | 1.27% | 0.98% |
| Only in GARP | Only in XLK |
|---|---|
| ELI LILLY & COMPANY 3.73% | Intel Corp 3.68% |
| VISA INC 3.73% | Applied Materials Inc 3.20% |
| META PLATFORMS INC 3.35% | Cisco Systems Inc 2.59% |
| ALPHABET INC 2.88% | Sandisk Corp 1.88% |
| NETFLIX INC 2.85% | Texas Instruments Inc 1.51% |
| GE AEROSPACE 2.13% | International Business Machines Corp 1.47% |
| MASTERCARD INC 1.63% | Western Digital Corp 1.23% |
| AMAZON.COM INC 1.49% | Seagate Technology Holdings PLC 1.21% |
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 | XLK State Street(R) Technology 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 | Technology |
| Total return, 1 year | +29.5% | +39.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | +21.7 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 94.4% | 100.0% |
| Holdings | 131 | 74 |
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%.
XLK in plain words
XLK is an index equity fund tracking the Technology. Over the year to Sep 11, 2026 it returned +39.2% 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 74 positions, with the top ten at 64.5%. It sat 5.2% below its high of Jun 2, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GARP or XLK?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and XLK returned +39.2%, so XLK returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or XLK?
- GARP charges 0.15% a year and XLK charges 0.08%, so XLK is cheaper. Fees come from each fund's prospectus.
- How much do GARP and XLK overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 100% of XLK by weight is stocks the S&P 500 already holds. Between the two funds, 42% 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 XLK, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-XLK Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources