Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs XLP: how they differ
GARP and XLP hold 0% of their weight in the same names, and GARP returned more over the year.
iShares MSCI USA Quality GARP ETF and State Street(R) Consumer Staples Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, GARP and XLP hold 0% of their money in the same securities at the same weight.
| Only in GARP | Only in XLP |
|---|---|
| KLA CORP 6.46% | Walmart Inc 10.84% |
| MICRON TECHNOLOGY INC 6.07% | Costco Wholesale Corp 9.06% |
| APPLE INC 4.44% | Procter & Gamble Co/The 7.46% |
| NVIDIA CORP 4.16% | Coca-Cola Co/The 6.87% |
| MICROSOFT CORP 4.10% | Philip Morris International Inc 6.16% |
| BROADCOM INC 3.96% | Colgate-Palmolive Co 4.71% |
| LAM RESEARCH CORP 3.79% | Altria Group Inc 4.55% |
| ELI LILLY & COMPANY 3.73% | Monster Beverage Corp 4.47% |
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 | XLP State Street(R) Consumer Staples 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 | Consumer staples |
| Total return, 1 year | +29.5% | +6.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | −11.2 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 94.4% | 100.0% |
| Holdings | 131 | 34 |
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%.
XLP in plain words
XLP is an index equity fund tracking the Consumer staples. Over the year to Sep 11, 2026 it returned +6.3% 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 34 positions, with the top ten at 62.6%. It sat 6.2% below its high of Feb 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GARP or XLP?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and XLP returned +6.3%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or XLP?
- GARP charges 0.15% a year and XLP charges 0.08%, so XLP is cheaper. Fees come from each fund's prospectus.
- How much do GARP and XLP overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 100% of XLP 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
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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 XLP, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-XLP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources