Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs XLY: how they differ
GARP and XLY hold 6% 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 Discretionary Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, GARP and XLY hold 6% of their money in the same securities at the same weight.
| Holding | GARP | XLY |
|---|---|---|
| AMAZON.COM INC | 1.49% | 22.24% |
| AIRBNB INC | 1.10% | 1.49% |
| DOORDASH INC | 0.62% | 1.74% |
| EXPEDIA GROUP INC | 0.54% | 0.73% |
| CHIPOTLE MEXICAN GRILL INC | 0.40% | 1.09% |
| CARVANA COMPANY | 0.39% | 1.17% |
| BOOKING HOLDINGS INC | 0.36% | 3.44% |
| LAS VEGAS SANDS CORP | 0.25% | 0.34% |
| LULULEMON ATHLETICA INC | 0.21% | 0.30% |
| FORD MOTOR CO | 0.14% | 1.35% |
| MARRIOTT INTERNATIONAL INC | 0.10% | 2.02% |
| HILTON WORLDWIDE HOLDINGS INC | 0.10% | 1.87% |
| Only in GARP | Only in XLY |
|---|---|
| KLA CORP 6.46% | Tesla Inc 19.66% |
| MICRON TECHNOLOGY INC 6.07% | Home Depot Inc/The 5.83% |
| APPLE INC 4.44% | McDonald's Corp 4.16% |
| NVIDIA CORP 4.16% | TJX Cos Inc/The 3.93% |
| MICROSOFT CORP 4.10% | Lowe's Cos Inc 3.08% |
| BROADCOM INC 3.96% | Starbucks Corp 2.90% |
| LAM RESEARCH CORP 3.79% | Royal Caribbean Cruises Ltd 1.97% |
| ELI LILLY & COMPANY 3.73% | O'Reilly Automotive Inc 1.90% |
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 | XLY State Street(R) Consumer Discretionary 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 discretionary |
| Total return, 1 year | +29.5% | −4.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | −21.6 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 94.4% | 100.0% |
| Holdings | 131 | 47 |
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%.
XLY in plain words
XLY is an index equity fund tracking the Consumer discretionary. Over the year to Sep 11, 2026 it returned −4.1% 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 47 positions, with the top ten at 69.2%. It sat 8.9% below its high of Jan 12, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GARP or XLY?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and XLY returned −4.1%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or XLY?
- GARP charges 0.15% a year and XLY charges 0.08%, so XLY is cheaper. Fees come from each fund's prospectus.
- How much do GARP and XLY overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 100% of XLY by weight is stocks the S&P 500 already holds. Between the two funds, 6% 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 XLY, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-XLY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources