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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

IYW vs XLC: how they differ

IYW and XLC hold 0% of their weight in the same names, and IYW returned more over the year.

iShares U.S. Technology ETF and State Street(R) Communication Services Select Sector SPDR(R) ETF.

What they hold in common

By the books each fund has filed, IYW and XLC hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in IYWOnly in XLC
NVIDIA 14.10%META PLATFORMS INC CLASS A 18.92%
APPLE 13.20%ALPHABET INC CL A 10.12%
MICROSOFT 10.75%ALPHABET INC CL C 8.10%
ALPHABET CLASS A 5.48%AT+T INC 5.19%
ALPHABET CLASS C 4.44%VERIZON COMMUNICATIONS INC 5.03%
META PLATFORMS CLASS A 4.17%WALT DISNEY CO/THE 4.76%
BROADCOM INC 4.07%WARNER BROS DISCOVERY INC 4.61%
MICRON TECHNOLOGY 3.35%COMCAST CORP CLASS A 4.61%

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 Sep 10, 2026.

IYW and XLC on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
IYW
iShares U.S. Technology ETF
XLC
State Street(R) Communication Services Select Sector SPDR(R) ETF
Where it sitsCore index fundCore index fund
IssueriSharesState Street
What it isU.S. TechnologyCommunication services
Total return, 1 year+34.9%−2.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+17.4 pts−19.5 pts
Expense ratio0.37%0.08%
Already in the S&P 50095.5%100.0%
Holdings15126

IYW in plain words

IYW is an index equity fund tracking the U.S. Technology. Over the year to Sep 11, 2026 it returned +34.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Sep 10, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 151 positions, with the top ten at 64.9%.

XLC in plain words

XLC is an index equity fund tracking the Communication services. Over the year to Sep 11, 2026 it returned −2.0% 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 Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 26 positions, with the top ten at 70.4%. It sat 5.7% below its high of Jan 30, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, IYW or XLC?
In the year to Sep 13, 2026, with distributions reinvested, IYW returned +34.9% and XLC returned −2.0%, so IYW returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IYW or XLC?
IYW charges 0.37% a year and XLC charges 0.08%, so XLC is cheaper. Fees come from each fund's prospectus.
How much do IYW and XLC overlap with the S&P 500?
By their latest filed holdings, 96% of IYW and 100% of XLC by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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.

IYW against XLC, ETFIQ, data as of Sep 13, 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, IYW against XLC, data as of Sep 13, 2026. https://etfiq.com/compare/any/iyw-vs-xlc Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources