Which returned more over the last year, GARP or XLY?

In the year to Oct 28, 2026, with distributions reinvested, GARP returned +18.0% and XLY −3.6%.

Which is cheaper, GARP or XLY?

XLY is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do GARP and XLY overlap with the S&P 500?

By their latest filed holdings, 94% of GARP and 100% of XLY by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

GARP vs XLY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, GARP returned +18.0% to XLY's −3.6%; 9% of their weight is in the same names.

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Net assets on Oct 27, 2026: $3.6bn for iShares MSCI USA Quality GARP ETF and $22.4bn for State Street Consumer Discretionary Select Sector SPDR ETF.

GARP on its own →XLY on its own →

At a glance

+18.0%

GARP total return, 1 year

−3.6%

XLY total return, 1 year

0.15%

GARP expense ratio

0.08%

XLY expense ratio

Pair scorecard

XLY costs 0.07 points a year less; their one-year returns differ by 21.6 points; XLY is 6.2 times larger.

GARP vs XLY: Differences, Returns & Fees
Measure	GARP	XLY
Return
Measure	GARP	XLY
Total return, 1 year	+18.0%	−3.6%
Drawdown
Measure	GARP	XLY
Below its high	7.0%, high on Oct 6, 2026	6.8%, high on Jan 12, 2026
Benchmark
Measure	GARP	XLY
What it tracks	MSCI USA Quality GARP Select Index	Consumer Discretionary Select Sector Index
Cost and size
Measure	GARP	XLY
Expense ratio	0.15%	0.08%
Net assets, as of Oct 27, 2026	$3.6bn	$22.4bn
Holdings
Measure	GARP	XLY
Holdings in common	9%
Top ten holdings, share of the fund	43.5%	68.5%

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

What they share

By the books each fund has filed, GARP and XLY hold 9% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

9% in common

Positions both hold · largest shared weight first GARP XLY

AMAZON.COM INC 2.12% 22.43%

ROYAL CARIBBEAN GROUP 1.83% 1.93%

AIRBNB CLASS A 0.86% 1.86%

DOORDASH CLASS A 0.77% 1.69%

EXPEDIA GROUP 0.77% 0.84%

TAPESTRY 0.55% 0.58%

CARVANA CLASS A 0.46% 1.12%

CHIPOTLE MEXICAN GRILL 0.44% 0.93%

LAS VEGAS SANDS 0.25% 0.25%

BOOKING HOLDINGS 0.20% 2.97%

MARRIOTT INTERNATIONAL CLASS A 0.15% 2.19%

HILTON WORLDWIDE HOLDINGS 0.14% 2.04%

Only in one fund ↓

Only in GARP

MICROSOFT 5.67%

APPLE 5.66%

NVIDIA 5.18%

VISA CLASS A 5.13%

META PLATFORMS CLASS A 4.72%

MICRON TECHNOLOGY 4.61%

LAM RESEARCH 3.31%

CATERPILLAR INC 3.29%

Only in XLY

TESLA INC 19.15%

HOME DEPOT INC 5.30%

MCDONALD S CORP 4.31%

TJX COMPANIES INC 4.07%

STARBUCKS CORP 3.09%

LOWE S COS INC 2.92%

ROSS STORES INC 1.94%

O REILLY AUTOMOTIVE INC 1.91%

Check overlap with more funds →

Side by side

GARP iShares MSCI USA Quality GARP ETF XLY State Street Consumer Discretionary Select Sector SPDR ETF

Where it sits Stock ETF Stock ETF

Issuer iShares State Street

What it is Tracks the MSCI USA Quality GARP Tracks an index of Consumer discretionary

Total return, 1 year +18.0% −3.6%

Its benchmark over the same days +13.3% (PBUS) +13.6% (SPY)

Gap to its benchmark +4.7 pts vs PBUS −17.2 pts vs SPY

Expense ratio 0.15% 0.08%

Already in the S&P 500 94.4% 99.9%

Holdings 131 48

Net assets, as of Oct 27, 2026 $3.6bn $22.4bn

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

Alert

About each fund

GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 2026 on Oct 28, 2026.

XLY

XLY tracks an index of Consumer discretionary. Over the year to Oct 28, 2026 it returned −3.6% with distributions reinvested, against +13.6% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 48 positions, with the top ten at 68.5%. It sat 6.8% below its high of Jan 12, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, GARP or XLY?: In the year to Oct 28, 2026, with distributions reinvested, GARP returned +18.0% and XLY −3.6%.
Which is cheaper, GARP or XLY?: XLY is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GARP and XLY overlap with the S&P 500?: By their latest filed holdings, 94% of GARP and 100% of XLY by weight is stocks the S&P 500 already holds.

Other comparisons

GARP vs XHB GARP vs XRT GARP vs XLU GARP vs XLP VOOG vs XLY VONG vs XLY SPYG vs XLY SCHG vs XLY

Where to next

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

Sources and dates

GARP filings on SEC EDGAR ↗

GARP prospectus with the expense ratio (SEC) ↗

iShares page for GARP ↗

XLY filings on SEC EDGAR ↗

XLY 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, GARP against XLY, data as of Oct 28, 2026. https://etfiq.com/compare/any/garp-vs-xly

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