Which returned more over the last year, QQQ or XSD?

In the year to Sep 4, 2026, with distributions reinvested, QQQ returned +25.6% and XSD returned +71.8%, so XSD returned more. One year is one year; the longer windows are in the table.

Which is cheaper, QQQ or XSD?

QQQ charges 0.18% a year and XSD charges 0.35%, so QQQ is cheaper. Fees come from each fund's prospectus.

How much do QQQ and XSD overlap with the S&P 500?

By their latest filed holdings, 97% of QQQ and 33% of XSD by weight is stocks the S&P 500 already holds. Between the two funds, 17% of their books are the same securities at the same weight.

Are QQQ and XSD the same kind of fund?

No. QQQ is an index ETF and XSD is a thematic ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.

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QQQ vs XSD

Name: ETFIQ comparison of QQQ and XSD
Creator: ETFIQ
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Invesco QQQ Trust and State Street(R) SPDR(R) S&P(R) Semiconductor ETF.

What they hold in common

By the books each fund has filed, QQQ and XSD hold 17% of their money in the same securities at the same weight.

Positions QQQ and XSD both hold, largest shared weight first
Holding	QQQ	XSD
Micron Technology, Inc.	4.80%	2.73%
Advanced Micro Devices, Inc.	3.70%	2.71%
Intel Corp.	2.52%	2.75%
Broadcom Inc.	3.37%	2.13%
NVIDIA Corp.	8.16%	2.10%
Texas Instruments Inc.	1.22%	2.22%
QUALCOMM Inc.	1.18%	2.04%
Analog Devices, Inc.	0.89%	2.13%
Marvell Technology, Inc.	0.78%	2.49%
Monolithic Power Systems, Inc.	0.34%	1.97%
Microchip Technology Inc.	0.23%	2.19%

Largest positions each one holds and the other does not
Only in QQQ	Only in XSD
Apple Inc. 7.29%	MaxLinear Inc 3.75%
Microsoft Corp. 5.32%	Allegro MicroSystems Inc 3.30%
Amazon.com, Inc. 4.62%	Astera Labs Inc 3.08%
Alphabet Inc. 3.52%	Ambarella Inc 2.89%
Tesla, Inc. 3.46%	Penguin Solutions Inc 2.74%
Alphabet Inc. 3.26%	T1 Energy Inc 2.59%
Meta Platforms, Inc. 2.97%	Impinj Inc 2.45%
Walmart Inc. 2.48%	Lattice Semiconductor Corp 2.44%

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 as filed for Jun 30, 2026 and May 31, 2026.

QQQ and XSD on the fields both publish, as of Sep 4, 2026. Source: ETFIQ.
	QQQ Invesco QQQ Trust	XSD State Street(R) SPDR(R) S&P(R) Semiconductor ETF
Where it sits	Core fund	Themes desk
Issuer	Invesco	State Street
What it is	Nasdaq-100, book from QQQM	Semiconductors
Total return, 1 year	+25.6%	+71.8%
S&P 500 over the same days	+20.0%	+20.0%
Gap to the S&P 500	+5.6 pts	+51.8 pts
Expense ratio	0.18%	0.35%
Already in the S&P 500	96.7%	33.4%
Holdings	101	47

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.

XSD in plain words

By weight, 33% of XSD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 89%. The top ten holdings are 29% of the fund across 47 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +71.8% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 51.8 pts. It sits 24.3% below its all-time high of Jun 3, 2026.

Questions people ask

Which returned more over the last year, QQQ or XSD?: In the year to Sep 4, 2026, with distributions reinvested, QQQ returned +25.6% and XSD returned +71.8%, so XSD returned more. One year is one year; the longer windows are in the table.
Which is cheaper, QQQ or XSD?: QQQ charges 0.18% a year and XSD charges 0.35%, so QQQ is cheaper. Fees come from each fund's prospectus.
How much do QQQ and XSD overlap with the S&P 500?: By their latest filed holdings, 97% of QQQ and 33% of XSD by weight is stocks the S&P 500 already holds. Between the two funds, 17% of their books are the same securities at the same weight.
Are QQQ and XSD the same kind of fund?: No. QQQ is an index ETF and XSD is a thematic ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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Where these figures came from

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QQQ against XSD, ETFIQ, data as of Sep 4, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, QQQ against XSD, data as of Sep 4, 2026. https://etfiq.com/compare/any/QQQ-XSD.html Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources