Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPHQ vs XLB: how they differ
SPHQ and XLB hold 2% of their weight in the same names, and SPHQ returned more over the year.
Invesco S&P 500 Quality ETF and State Street(R) Materials Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, SPHQ and XLB hold 2% of their money in the same securities at the same weight.
| Holding | SPHQ | XLB |
|---|---|---|
| Newmont Corp. | 1.22% | 5.85% |
| Corteva, Inc. | 0.56% | 4.97% |
| PPG Industries, Inc. | 0.24% | 3.62% |
| CF Industries Holdings, Inc. | 0.23% | 2.23% |
| Only in SPHQ | Only in XLB |
|---|---|
| Costco Wholesale Corp. 4.82% | Linde PLC 14.08% |
| Visa Inc. 4.69% | Freeport-McMoRan Inc 5.31% |
| Apple Inc. 4.51% | Sherwin-Williams Co/The 4.95% |
| Mastercard Inc. 4.32% | Ecolab Inc 4.73% |
| General Electric Co. 4.16% | Vulcan Materials Co 4.72% |
| Lam Research Corp. 4.10% | CRH PLC 4.67% |
| Caterpillar Inc. 3.78% | Air Products and Chemicals Inc 4.63% |
| Cisco Systems, Inc. 3.54% | Martin Marietta Materials Inc 4.55% |
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 Apr 30, 2026 and Jun 30, 2026.
| SPHQ Invesco S&P 500 Quality ETF | XLB State Street(R) Materials Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | S&P 500 Quality | Materials |
| Total return, 1 year | +17.4% | +12.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.1 pts | −5.5 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 99.9% | 100.0% |
| Holdings | 99 | 26 |
SPHQ in plain words
SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 40.7%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.
XLB in plain words
XLB is an index equity fund tracking the Materials. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% 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 26 positions, with the top ten at 58.5%. It sat 5.1% below its high of Aug 26, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SPHQ or XLB?
- In the year to Sep 12, 2026, with distributions reinvested, SPHQ returned +17.4% and XLB returned +12.0%, so SPHQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPHQ or XLB?
- SPHQ charges 0.15% a year and XLB charges 0.08%, so XLB is cheaper. Fees come from each fund's prospectus.
- How much do SPHQ and XLB overlap with the S&P 500?
- By their latest filed holdings, 100% of SPHQ and 100% of XLB by weight is stocks the S&P 500 already holds. Between the two funds, 2% 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, SPHQ against XLB, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPHQ-XLB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources