Which returned more over the last year, FXL or XNTK?

In the year to Oct 28, 2026, with distributions reinvested, FXL returned +29.0% and XNTK +24.9%.

Which is cheaper, FXL or XNTK?

XNTK is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FXL and XNTK overlap with the S&P 500?

By their latest filed holdings, 50% of FXL and 90% of XNTK by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

FXL vs XNTK: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FXL returned +29.0% to XNTK's +24.9%; 19% of their weight is in the same names.

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Net assets on Oct 27, 2026: $2.8bn for First Trust Technology AlphaDEX Fund and $1.9bn for State Street SPDR NYSE Technology ETF.

FXL on its own →XNTK on its own →

At a glance

+29.0%

FXL total return, 1 year

+24.9%

XNTK total return, 1 year

0.60%

FXL expense ratio

0.35%

XNTK expense ratio

Pair scorecard

XNTK costs 0.25 points a year less; their one-year returns differ by 4.1 points; FXL is 1.5 times larger.

FXL vs XNTK: Differences, Returns & Fees
Measure	FXL	XNTK
Return
Measure	FXL	XNTK
Total return, 1 year	+29.0%	+24.9%
Drawdown
Measure	FXL	XNTK
Below its high		6.9%, high on Oct 6, 2026
Benchmark
Measure	FXL	XNTK
What it tracks	StrataQuant Technology Index	NYSE Technology Index
Cost and size
Measure	FXL	XNTK
Expense ratio	0.60%	0.35%
Net assets, as of Oct 27, 2026	$2.8bn	$1.9bn
Holdings
Measure	FXL	XNTK
Holdings in common	19%
Top ten holdings, share of the fund	17.0%	48.1%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

May 18, 2007 to Oct 23, 2026 · 1,014 weekly returns

FXL XNTK

Return

Total return edge XNTK +1,055.5% +1,607.5%

Annualized edge XNTK +13.4% +15.7%

Price return edge XNTK (slight) +995.5% +1,046.7%

Risk

Volatility edge Tie 23.7% 23.7%

Max drawdown edge XNTK (slight) −60.5% −56.5%

Downside capture 111.5% 117.2%

Beta 1.13 1.22

Risk-adjusted

Sharpe edge XNTK 0.58 0.67

Sortino edge XNTK 0.85 0.98

Treynor 0.122 0.095

Calmar edge XNTK 0.22 0.28

Against the benchmark

Alpha +2.4% a year +1.5% a year

Alpha t-stat 0.91 0.54

Information ratio 0.32 0.23

Tracking error 11.8% 14.3%

Each against its own benchmark: FXL against IWB, May 18, 2007 to Oct 23, 2026; XNTK against IVV, Jan 12, 2001 to Oct 23, 2026.

Reading

XNTK returned more: +1,607.5% to +1,055.5%. FXL and XNTK swung about the same: 23.7% and 23.7%. XNTK fell slightly less at its worst: −56.5% to −60.5%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: FXL vs XNTK: Differences, Returns & Fees
Measure	FXL	XNTK	Edge	How it is measured
Return
Total return	+1,055.5%	+1,607.5%	XNTK	Price change plus distributions, reinvested.
Annualized	+13.4%	+15.7%	XNTK	Total return as a yearly rate.
Price return	+995.5%	+1,046.7%	XNTK (slight)	Price change alone, distributions left out.
Risk
Volatility	23.7%	23.7%	Tie	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	16.4%	16.1%	Tie	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−60.5%	−56.5%	XNTK (slight)	Deepest fall from a high to the low after it.
Upside capture	137.3%	151.8%		Share of its benchmark's rise caught in the weeks it rose.
Downside capture	111.5%	117.2%		Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.13	1.22	Not an edge	How far it moves for each 1% its benchmark moves.
R squared	0.76	0.70	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.58	0.67	XNTK	Return above Treasury bills per unit of volatility.
Sortino	0.85	0.98	XNTK	Return above Treasury bills per unit of downside deviation.
Treynor	0.122	0.095		Return above Treasury bills per unit of beta.
Calmar	0.22	0.28	XNTK	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	IWB	IVV		The ETF each fund is measured against.
Alpha	+2.4% a year	+1.5% a year	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	0.91	0.54	Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−2.8% to +7.5%	−3.9% to +6.8%	Includes zero	The 95% range for the yearly alpha.
Information ratio	0.32	0.23		Return against its benchmark per unit of tracking error.
Tracking error	11.8%	14.3%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,014 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

19%

By the books each fund has filed, FXL and XNTK hold 19% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

19% in common

Positions both hold · largest shared weight first FXL XNTK

CrowdStrike Holdings, Inc. (Class A) 1.51% 4.69%

Advanced Micro Devices, Inc. 1.36% 5.87%

Palantir Technologies Inc. (Class A) 1.26% 2.39%

Apple Inc. 1.24% 2.75%

NVIDIA Corporation 1.14% 2.75%

Amphenol Corporation 1.10% 2.67%

Marvell Technology, Inc. 1.10% 6.37%

Intuit Inc. 1.06% 1.08%

Micron Technology, Inc. 1.04% 8.50%

Meta Platforms, Inc. (Class A) 1.02% 2.13%

Texas Instruments Incorporated 0.98% 3.80%

Adobe Incorporated 0.92% 1.54%

Only in one fund ↓

Only in FXL

EPAM Systems, Inc. 1.83%

Atlassian Corporation (Class A) 1.82%

Rubrik, Inc. (Class A) 1.76%

NIQ Global Intelligence Plc 1.73%

Cognizant Technology Solutions Corporation 1.71%

RingCentral, Inc. (Class A) 1.70%

PTC Inc. 1.65%

NetApp, Inc. 1.61%

Only in XNTK

INTEL CORP 5.47%

ASML HOLDING NV NY REG SHS 3.34%

ARISTA NETWORKS INC 3.31%

TAIWAN SEMICONDUCTOR SP ADR 3.30%

CISCO SYSTEMS INC 3.16%

AMAZON.COM INC 2.47%

SHOPIFY INC CLASS A 2.23%

TESLA INC 1.96%

Check overlap with more funds →

Side by side

FXL First Trust Technology AlphaDEX Fund XNTK State Street SPDR NYSE Technology ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust State Street

What it is Tracks an index Tracks an index

Total return, 1 year +29.0% +24.9%

Its benchmark over the same days +13.1% (IWB) +13.7% (IVV)

Gap to its benchmark +15.9 pts vs IWB +11.2 pts vs IVV

Expense ratio 0.60% 0.35%

Already in the S&P 500 50.0% 90.2%

Holdings 110 35

Net assets, as of Oct 27, 2026 $2.8bn $1.9bn

FXL and XNTK on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-0CE1A95C38

FXL and XNTK are built for the same job. How do they differ in cost, holdings and results?

What each follows. FXL follows StrataQuant Technology Index and XNTK follows NYSE Technology Index.
Holdings in common. 19% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 FXL returned +29.0% and XNTK +24.9% with distributions reinvested, a gap of 4.1 points.

Data as of Oct 28, 2026.

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About each fund

FXL

Over the year to Oct 28, 2026 it returned +29.0% with distributions reinvested, against +13.1% for its benchmark, the Russell 1000 Index.

FXL tracks an index. The prospectus expense ratio is 0.60% a year. By its holdings published by its issuer for Oct 27, 2026, 50% of the fund by weight is stocks the S&P 500 also holds, across 110 positions, with the top ten at 17.0%.

XNTK

XNTK tracks an index. Over the year to Oct 28, 2026 it returned +24.9% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 35 positions, with the top ten at 48.1%. It sat 6.9% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FXL or XNTK?: In the year to Oct 28, 2026, with distributions reinvested, FXL returned +29.0% and XNTK +24.9%.
Which is cheaper, FXL or XNTK?: XNTK is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FXL and XNTK overlap with the S&P 500?: By their latest filed holdings, 50% of FXL and 90% of XNTK by weight is stocks the S&P 500 already holds.

Other comparisons

FXL vs TRFK FXL vs TDIV FXL vs QTEC FXL vs RSPT TDIV vs XNTK TRFK vs XNTK VGT vs XNTK QTEC vs XNTK

Where to next

FXL on its own →XNTK on its own →Hold both: look the portfolio through →Rankings →FXL dividend history →FXL holdings →XNTK dividend history →XNTK holdings →Standards and sources →

Sources and dates

FXL filings on SEC EDGAR ↗

FXL prospectus with the expense ratio (SEC) ↗

First Trust page for FXL ↗

XNTK filings on SEC EDGAR ↗

XNTK prospectus with the expense ratio (SEC) ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FXL against XNTK, data as of Oct 28, 2026. https://etfiq.com/compare/any/fxl-vs-xntk

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.