Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs XLU: how they differ
GARP and XLU hold 1% of their weight in the same names, and GARP returned more over the year.
iShares MSCI USA Quality GARP ETF and State Street(R) Utilities Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, GARP and XLU hold 1% of their money in the same securities at the same weight.
| Holding | GARP | XLU |
|---|---|---|
| NRG ENERGY INC | 0.54% | 2.18% |
| CONSTELLATION ENERGY CORP | 0.30% | 5.61% |
| VISTRA CORP | 0.14% | 3.55% |
| Only in GARP | Only in XLU |
|---|---|
| KLA CORP 6.46% | NextEra Energy Inc 12.93% |
| MICRON TECHNOLOGY INC 6.07% | Southern Co/The 7.62% |
| APPLE INC 4.44% | Duke Energy Corp 6.97% |
| NVIDIA CORP 4.16% | American Electric Power Co Inc 5.26% |
| MICROSOFT CORP 4.10% | Sempra 4.28% |
| BROADCOM INC 3.96% | Dominion Energy Inc 4.24% |
| LAM RESEARCH CORP 3.79% | Entergy Corp 3.71% |
| ELI LILLY & COMPANY 3.73% | Xcel Energy Inc 3.54% |
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 | XLU State Street(R) Utilities 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 | Utilities |
| Total return, 1 year | +29.5% | +2.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | −15.1 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 94.4% | 100.0% |
| Holdings | 131 | 31 |
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%.
XLU in plain words
XLU is an index equity fund tracking the Utilities. Over the year to Sep 11, 2026 it returned +2.4% 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 31 positions, with the top ten at 57.7%. It sat 10.0% below its high of Feb 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GARP or XLU?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and XLU returned +2.4%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or XLU?
- GARP charges 0.15% a year and XLU charges 0.08%, so XLU is cheaper. Fees come from each fund's prospectus.
- How much do GARP and XLU overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 100% of XLU by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.
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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 XLU, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-XLU Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources