Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.
QQQ vs XLK
Invesco QQQ Trust and State Street(R) Technology Select Sector SPDR(R) ETF.
| QQQ Invesco QQQ Trust | XLK State Street(R) Technology Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core fund | Core fund |
| Issuer | Invesco | State Street |
| What it is | Nasdaq-100, book from QQQM | Technology |
| Total return, 1 year | +25.6% | +43.4% |
| S&P 500 over the same days | +20.0% | +20.0% |
| Gap to the S&P 500 | +5.6 pts | +23.4 pts |
| Expense ratio | 0.18% | 0.08% |
| Already in the S&P 500 | 96.7% | 100.0% |
| Holdings | 101 | 74 |
QQQ in plain words
QQQ is a index equity fund tracking Nasdaq-100, book from QQQM. Over the year to Sep 4, 2026 it returned +25.6% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 3.5% below its high of Jun 2, 2026 on Sep 4, 2026.
XLK in plain words
XLK is a index equity fund tracking Technology. Over the year to Sep 4, 2026 it returned +43.4% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% 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 5.4% below its high of Jun 2, 2026 on Sep 4, 2026.
Questions people ask
- Which returned more over the last year, QQQ or XLK?
- In the year to Sep 4, 2026, with distributions reinvested, QQQ returned +25.6% and XLK returned +43.4%, so XLK returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQ or XLK?
- QQQ charges 0.18% a year and XLK charges 0.08%, so XLK is cheaper. Fees come from each fund's prospectus.
- How much do QQQ and XLK overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQ and 100% of XLK by weight is stocks the S&P 500 already holds.
Other comparisons
Where to next
Cite this page. ETFIQ, QQQ against XLK, data as of Sep 4, 2026. https://etfiq.com/compare/any/QQQ-XLK.html Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. ETFIQ publishes the same fields for every fund and suggests no allocation. Standards and sources