Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
QQQ vs XRT: how they differ
QQQ and XRT hold 5% of their weight in the same names, and QQQ returned more over the year.
Invesco QQQ Trust and State Street(R) SPDR(R) S&P(R) Retail ETF.
What they hold in common
By the books each fund has filed, QQQ and XRT hold 5% of their money in the same securities at the same weight.
| Holding | QQQ | XRT |
|---|---|---|
| Amazon.com, Inc. | 4.62% | 1.35% |
| Costco Wholesale Corp. | 1.86% | 1.29% |
| Walmart Inc. | 2.48% | 1.27% |
| Ross Stores, Inc. | 0.33% | 1.24% |
| O'Reilly Automotive, Inc. | 0.32% | 1.38% |
| Only in QQQ | Only in XRT |
|---|---|
| NVIDIA Corp. 8.16% | Groupon Inc 1.78% |
| Apple Inc. 7.29% | RealReal Inc/The 1.75% |
| Microsoft Corp. 5.32% | Bath & Body Works Inc 1.73% |
| Micron Technology, Inc. 4.80% | Warby Parker Inc 1.64% |
| Advanced Micro Devices, Inc. 3.70% | Upbound Group Inc 1.59% |
| Alphabet Inc. 3.52% | Coupang Inc 1.55% |
| Tesla, Inc. 3.46% | Maplebear Inc 1.55% |
| Broadcom Inc. 3.37% | Revolve Group Inc 1.52% |
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 and May 31, 2026.
| QQQ Invesco QQQ Trust | XRT State Street(R) SPDR(R) S&P(R) Retail ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | Nasdaq-100, book from QQQM | SPDR S&P Retail |
| Total return, 1 year | +23.0% | −3.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | −20.6 pts |
| Expense ratio | 0.18% | 0.35% |
| Already in the S&P 500 | 96.7% | 22.5% |
| Holdings | 101 | 75 |
QQQ in plain words
QQQ is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% 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 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
XRT in plain words
XRT is an index equity fund tracking the SPDR S&P Retail. Over the year to Sep 11, 2026 it returned −3.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 75 positions, with the top ten at 16.1%. It sat 12.2% below its high of Nov 16, 2021 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, QQQ or XRT?
- In the year to Sep 12, 2026, with distributions reinvested, QQQ returned +23.0% and XRT returned −3.0%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQ or XRT?
- QQQ charges 0.18% a year and XRT charges 0.35%, so QQQ is cheaper. Fees come from each fund's prospectus.
- How much do QQQ and XRT overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQ and 22% of XRT by weight is stocks the S&P 500 already holds. Between the two funds, 5% of their books are the same securities at the same weight.
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Where these figures came from
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Cite this page. ETFIQ, QQQ against XRT, data as of Sep 12, 2026. https://etfiq.com/compare/any/QQQ-XRT Free to use with attribution; the underlying files are at Open data.
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