Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPHQ vs XLK: how they differ
SPHQ and XLK hold 20% of their weight in the same names, and XLK returned more over the year.
Invesco S&P 500 Quality ETF and State Street(R) Technology Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, SPHQ and XLK hold 20% of their money in the same securities at the same weight.
| Holding | SPHQ | XLK |
|---|---|---|
| Apple Inc. | 4.51% | 12.86% |
| Lam Research Corp. | 4.10% | 3.02% |
| Applied Materials, Inc. | 2.80% | 3.20% |
| Cisco Systems, Inc. | 3.54% | 2.59% |
| KLA Corp. | 3.27% | 2.20% |
| Western Digital Corp. | 2.15% | 1.23% |
| QUALCOMM Inc. | 2.03% | 1.09% |
| AppLovin Corp. | 1.56% | 0.77% |
| Fortinet, Inc. | 0.85% | 0.53% |
| Adobe Inc. | 1.45% | 0.46% |
| Motorola Solutions, Inc. | 0.74% | 0.38% |
| NetApp, Inc. | 0.32% | 0.17% |
| Only in SPHQ | Only in XLK |
|---|---|
| Costco Wholesale Corp. 4.82% | NVIDIA Corp 14.66% |
| Visa Inc. 4.69% | Microsoft Corp 8.38% |
| Mastercard Inc. 4.32% | Micron Technology Inc 5.42% |
| General Electric Co. 4.16% | Broadcom Inc 5.41% |
| Caterpillar Inc. 3.78% | Advanced Micro Devices Inc 5.28% |
| Procter & Gamble Co. (The) 3.46% | Intel Corp 3.68% |
| Coca-Cola Co. (The) 3.34% | Sandisk Corp 1.88% |
| GE Vernova Inc. 3.15% | Palo Alto Networks Inc 1.54% |
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 | XLK State Street(R) Technology 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 | Technology |
| Total return, 1 year | +17.4% | +39.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.1 pts | +21.7 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 99.9% | 100.0% |
| Holdings | 99 | 74 |
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.
XLK in plain words
XLK is an index equity fund tracking the Technology. Over the year to Sep 11, 2026 it returned +39.2% 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 74 positions, with the top ten at 64.5%. It sat 5.2% below its high of Jun 2, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SPHQ or XLK?
- In the year to Sep 12, 2026, with distributions reinvested, SPHQ returned +17.4% and XLK returned +39.2%, so XLK returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPHQ or XLK?
- SPHQ charges 0.15% a year and XLK charges 0.08%, so XLK is cheaper. Fees come from each fund's prospectus.
- How much do SPHQ and XLK overlap with the S&P 500?
- By their latest filed holdings, 100% of SPHQ and 100% of XLK by weight is stocks the S&P 500 already holds. Between the two funds, 20% 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 XLK, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPHQ-XLK Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources