Data as of Oct 28, 2026.

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MDY vs XLK: Differences, Returns & Fees

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Over the year to Oct 28, 2026, MDY returned +12.8% to XLK's +27.1%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $25.9bn for SPDR S&P MidCap 400 ETF Trust and $125.0bn for State Street Technology Select Sector SPDR ETF.

At a glance
+12.8%
MDY total return, 1 year
+27.1%
XLK total return, 1 year
0.23%
MDY expense ratio
0.08%
XLK expense ratio

Pair scorecard

XLK costs 0.15 points a year less; their one-year returns differ by 14.3 points; XLK is 4.8 times larger.

MDY vs XLK: Differences, Returns & Fees
MeasureMDYXLK
Return
Total return, 1 year+12.8%+27.1%
Drawdown
Below its high6.5%, high on Aug 14, 20265.4%, high on Oct 6, 2026
Benchmark
What it tracksS&P MidCap 400 IndexTechnology Select Sector Index
Cost and size
Expense ratio0.23%0.08%
Net assets, as of Oct 27, 2026$25.9bn$125.0bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund7.5%64.6%

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

What they share

0%

By the books each fund has filed, MDY and XLK hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first MDY XLK
Only in one fund ↓
Only in MDY
Okta Inc. Class A 1.09%
U.S. Dollar 0.96%
TechnipFMC plc 0.81%
United Therapeutics Corporation 0.73%
Entegris Inc. 0.66%
ATI Inc 0.66%
US Foods Holding Corp. 0.64%
Reliance Inc. 0.64%
Only in XLK
NVIDIA CORP 15.22%
APPLE INC 14.62%
MICROSOFT CORP 11.38%
ADVANCED MICRO DEVICES 4.78%
BROADCOM INC 4.70%
MICRON TECHNOLOGY INC 4.02%
INTEL CORP 2.72%
PALANTIR TECHNOLOGIES INC A 2.67%
Check overlap with more funds →

Side by side

MDY SPDR S&P MidCap 400 ETF Trust XLK State Street Technology Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P MidCap 400 Tracks an index of Technology
Total return, 1 year +12.8% +27.1%
Its benchmark over the same days +13.2% (IJH) +13.6% (SPY)
Gap to its benchmark −0.4 pts vs IJH +13.5 pts vs SPY
Expense ratio 0.23% 0.08%
Already in the S&P 500 0.0% 99.9%
Holdings 401 76
Net assets, as of Oct 27, 2026 $25.9bn $125.0bn

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

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About each fund
MDY

MDY tracks the S&P MidCap 400. Over the year to Oct 28, 2026 it returned +12.8% with distributions reinvested, against +13.2% for its benchmark, the S&P MidCap 400 Index. The prospectus expense ratio is 0.23% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 7.5%. It sat 6.5% below its high of Aug 14, 2026 on Oct 28, 2026.

XLK

XLK tracks an index of Technology. Over the year to Oct 28, 2026 it returned +27.1% 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 76 positions, with the top ten at 64.6%. It sat 5.4% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, MDY or XLK?
In the year to Oct 28, 2026, with distributions reinvested, MDY returned +12.8% and XLK +27.1%.
Which is cheaper, MDY or XLK?
XLK is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do MDY and XLK overlap with the S&P 500?
By their latest filed holdings, 0% of MDY and 100% of XLK by weight is stocks the S&P 500 already holds.
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ETFIQ, MDY against XLK, data as of Oct 28, 2026. https://etfiq.com/compare/any/mdy-vs-xlk

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