Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
QQQM vs XLP: how they differ
QQQM and XLP hold 6% of their weight in the same names, and QQQM returned more over the year.
Invesco NASDAQ 100 ETF and State Street(R) Consumer Staples Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, QQQM and XLP hold 6% of their money in the same securities at the same weight.
| Holding | QQQM | XLP |
|---|---|---|
| Walmart Inc | 2.29% | 10.14% |
| Costco Wholesale Corp | 1.78% | 8.76% |
| PepsiCo Inc | 0.84% | 4.39% |
| Monster Beverage Corp | 0.37% | 4.02% |
| Mondelez International Inc | 0.36% | 4.51% |
| Keurig Dr Pepper Inc | 0.19% | 2.79% |
| Kraft Heinz Co/The | 0.13% | 1.36% |
| Only in QQQM | Only in XLP |
|---|---|
| NVIDIA Corp 8.52% | COCA COLA CO/THE 7.44% |
| Apple Inc 7.72% | PROCTER + GAMBLE CO/THE 7.29% |
| Microsoft Corp 5.89% | PHILIP MORRIS INTERNATIONAL 6.47% |
| Micron Technology Inc 4.90% | TARGET CORP 4.62% |
| Amazon.com Inc 4.36% | COLGATE PALMOLIVE CO 4.53% |
| Advanced Micro Devices Inc 3.65% | ALTRIA GROUP INC 4.36% |
| Alphabet Inc 3.12% | ARCHER DANIELS MIDLAND CO 2.73% |
| Meta Platforms Inc 3.07% | SYSCO CORP 2.57% |
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.
| QQQM Invesco NASDAQ 100 ETF | XLP State Street(R) Consumer Staples Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | Nasdaq-100 | Consumer staples |
| Total return, 1 year | +23.0% | +6.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | −11.2 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 96.7% | 100.0% |
| Holdings | 106 | 36 |
QQQM in plain words
QQQM 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 0.15% 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 106 positions, with the top ten at 47.1%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
XLP in plain words
XLP is an index equity fund tracking the Consumer staples. Over the year to Sep 11, 2026 it returned +6.3% 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 36 positions, with the top ten at 62.5%. It sat 6.2% below its high of Feb 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, QQQM or XLP?
- In the year to Sep 13, 2026, with distributions reinvested, QQQM returned +23.0% and XLP returned +6.3%, so QQQM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQM or XLP?
- QQQM charges 0.15% a year and XLP charges 0.08%, so XLP is cheaper. Fees come from each fund's prospectus.
- How much do QQQM and XLP overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQM and 100% of XLP by weight is stocks the S&P 500 already holds. Between the two funds, 6% 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.
Cite this page. ETFIQ, QQQM against XLP, data as of Sep 13, 2026. https://etfiq.com/compare/any/qqqm-vs-xlp Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources