Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
QQQ vs XLY: how they differ
QQQ and XLY hold 10% of their weight in the same names, and QQQ returned more over the year.
Invesco QQQ Trust and State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, QQQ and XLY hold 10% of their money in the same securities at the same weight.
| Holding | QQQ | XLY |
|---|---|---|
| Amazon.com Inc | 4.36% | 24.68% |
| Tesla Inc | 2.92% | 17.84% |
| Booking Holdings Inc | 0.60% | 3.52% |
| Starbucks Corp | 0.50% | 2.96% |
| Marriott International Inc/MD | 0.39% | 1.88% |
| DoorDash Inc | 0.37% | 1.99% |
| Ross Stores Inc | 0.32% | 1.90% |
| O'Reilly Automotive Inc | 0.32% | 1.85% |
| Airbnb Inc | 0.31% | 1.83% |
| Only in QQQ | Only in XLY |
|---|---|
| NVIDIA Corp 8.52% | HOME DEPOT INC 5.31% |
| Apple Inc 7.72% | MCDONALD S CORP 4.09% |
| Microsoft Corp 5.89% | TJX COMPANIES INC 3.44% |
| Micron Technology Inc 4.90% | LOWE S COS INC 2.88% |
| Advanced Micro Devices Inc 3.65% | GENERAL MOTORS CO 2.03% |
| Alphabet Inc 3.12% | HILTON WORLDWIDE HOLDINGS IN 1.82% |
| Meta Platforms Inc 3.07% | ROYAL CARIBBEAN CRUISES LTD 1.69% |
| Alphabet Inc 2.90% | FORD MOTOR CO 1.42% |
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.
| QQQ Invesco QQQ Trust | XLY State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | Nasdaq-100 | Consumer discretionary |
| Total return, 1 year | +23.0% | −4.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | −21.6 pts |
| Expense ratio | 0.18% | 0.08% |
| Already in the S&P 500 | 96.7% | 100.0% |
| Holdings | 105 | 49 |
QQQ in plain words
QQQ is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 47.0%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
XLY in plain words
XLY is an index equity fund tracking the Consumer discretionary. Over the year to Sep 11, 2026 it returned −4.1% 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 49 positions, with the top ten at 68.7%. It sat 8.9% below its high of Jan 12, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, QQQ or XLY?
- In the year to Sep 13, 2026, with distributions reinvested, QQQ returned +23.0% and XLY returned −4.1%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQ or XLY?
- QQQ charges 0.18% a year and XLY charges 0.08%, so XLY is cheaper. Fees come from each fund's prospectus.
- How much do QQQ and XLY overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQ and 100% of XLY by weight is stocks the S&P 500 already holds. Between the two funds, 10% of their books are the same securities at the same weight.
Other comparisons
Where to next
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, QQQ against XLY, data as of Sep 13, 2026. https://etfiq.com/compare/any/qqq-vs-xly Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources