Get the weekly note

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

ETFIQetfiq.com · independent ETF data

SPHQ vs XLK: how they differ

SPHQ and XLK hold 25% of their weight in the same names, and XLK returned more over the year.

Invesco S&P 500 Quality ETF and State Street(R) Technology Select Sector SPDR(R) ETF.

What they hold in common

By the books each fund has filed, SPHQ and XLK hold 25% of their money in the same securities at the same weight.

Positions SPHQ and XLK both hold, largest shared weight first
HoldingSPHQXLK
Apple Inc5.60%12.98%
Cisco Systems Inc3.51%2.80%
Lam Research Corp4.10%2.46%
Applied Materials Inc2.39%2.38%
Sandisk Corp3.36%1.66%
Texas Instruments Inc2.11%1.56%
KLA Corp2.33%1.53%
Seagate Technology Holdings PLC1.54%1.28%
QUALCOMM Inc2.51%1.23%
Western Digital Corp2.65%1.05%
Accenture PLC0.96%0.72%
Adobe Inc1.22%0.67%
Largest positions each one holds and the other does not
Only in SPHQOnly in XLK
Mastercard Inc 5.78%NVIDIA CORP 14.31%
Visa Inc 5.68%MICROSOFT CORP 9.90%
Netflix Inc 4.00%BROADCOM INC 4.62%
GE Vernova Inc 3.92%ADVANCED MICRO DEVICES 4.23%
Costco Wholesale Corp 3.85%MICRON TECHNOLOGY INC 4.11%
General Electric Co 3.62%INTEL CORP 3.27%
Procter & Gamble Co/The 2.86%PALANTIR TECHNOLOGIES INC A 2.52%
Newmont Corp 1.98%PALO ALTO NETWORKS INC 1.81%

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.

SPHQ and XLK on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
SPHQ
Invesco S&P 500 Quality ETF
XLK
State Street(R) Technology Select Sector SPDR(R) ETF
Where it sitsCore index fundCore index fund
IssuerInvescoState Street
What it isS&P 500 QualityTechnology
Total return, 1 year+17.4%+39.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−0.1 pts+21.7 pts
Expense ratio0.15%0.08%
Already in the S&P 50099.9%100.0%
Holdings10074

SPHQ in plain words

SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% 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, 100% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 43.4%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.

XLK in plain words

XLK is an index equity fund tracking the Technology. Over the year to Sep 11, 2026 it returned +39.2% 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 74 positions, with the top ten at 61.2%. It sat 5.2% below its high of Jun 2, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, SPHQ or XLK?
In the year to Sep 13, 2026, with distributions reinvested, SPHQ returned +17.4% and XLK returned +39.2%, so XLK returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SPHQ or XLK?
SPHQ charges 0.15% a year and XLK charges 0.08%, so XLK is cheaper. Fees come from each fund's prospectus.
How much do SPHQ and XLK overlap with the S&P 500?
By their latest filed holdings, 100% of SPHQ and 100% of XLK by weight is stocks the S&P 500 already holds. Between the two funds, 25% 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.

SPHQ against XLK, 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, SPHQ against XLK, data as of Sep 13, 2026. https://etfiq.com/compare/any/sphq-vs-xlk Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources