Which returned more over the last year, SPHQ or XLSR?

In the year to Nov 4, 2026, with distributions reinvested, SPHQ returned +16.8% and XLSR +9.5%.

Which is cheaper, SPHQ or XLSR?

SPHQ is cheaper, by 0.55 percentage points a year. That is about $55 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do SPHQ and XLSR overlap with the S&P 500?

By their latest filed holdings, 100% of SPHQ and 34% of XLSR by weight is stocks the S&P 500 already holds.

Data as of Nov 4, 2026.

Across categories

SPHQ vs XLSR: Differences, Returns & Fees

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Over the year to Nov 4, 2026, SPHQ returned +16.8% to XLSR's +9.5%; 4% of their weight is in the same names.

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Net assets on Nov 3, 2026: $18.6bn for Invesco S&P 500 Quality ETF and $1.1bn for State Street US Sector Rotation ETF.

SPHQ on its own →XLSR on its own →

At a glance

+16.8%

SPHQ total return, 1 year

+9.5%

XLSR total return, 1 year

0.15%

SPHQ expense ratio

0.70%

XLSR expense ratio

Pair scorecard

SPHQ costs 0.55 points a year less; their one-year returns differ by 7.3 points; SPHQ is 16.9 times larger.

SPHQ vs XLSR: Differences, Returns & Fees
Measure	SPHQ	XLSR
Return
Measure	SPHQ	XLSR
Total return, 1 year	+16.8%	+9.5%
Drawdown
Measure	SPHQ	XLSR
Below its high	5.9%, high on Jun 30, 2026
Benchmark
Measure	SPHQ	XLSR
What it tracks	S&P 500 Quality Index	No index, actively managed
Cost and size
Measure	SPHQ	XLSR
Expense ratio	0.15%	0.70%
Net assets, as of Nov 3, 2026	$18.6bn	$1.1bn
Holdings
Measure	SPHQ	XLSR
Holdings in common	4%
Top ten holdings, share of the fund	44.1%	90.9%

Method

What they share

By the books each fund has filed, SPHQ and XLSR hold 4% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

4% in common

Positions both hold · largest shared weight first SPHQ XLSR

Apple Inc 5.74% 3.71%

Netflix Inc 3.36% 0.30%

Only in one fund ↓

Only in SPHQ

Mastercard Inc 6.68%

Visa Inc 6.56%

Costco Wholesale Corp 4.39%

GE Vernova Inc 3.93%

General Electric Co 3.61%

Cisco Systems Inc 3.40%

Procter & Gamble Co 3.29%

Lam Research Corp 3.20%

Only in XLSR

STATE STREET TECHNOLOGY SELECT 26.80%

STATE STREET HEALTH CARE SELEC 24.28%

STATE STREET FINANCIAL SELECT 11.54%

STATE STREET CONSUMER DISCRETI 6.50%

STATE STREET COMMUNICATION SER 4.97%

NVIDIA CORP 3.84%

ALPHABET INC CL A 3.62%

ALPHABET INC CL C 2.85%

Check overlap with more funds →

Side by side

SPHQ Invesco S&P 500 Quality ETF XLSR State Street US Sector Rotation ETF

Where it sits Stock ETF Stock ETF

Issuer Invesco State Street

What it is Tracks the S&P 500 Quality Actively managed

Total return, 1 year +16.8% +9.5%

Its benchmark over the same days +14.8% (IVV) +14.8% (VOO)

Gap to its benchmark +2.0 pts vs IVV −5.3 pts vs VOO

Expense ratio 0.15% 0.70%

Already in the S&P 500 100.0% 34.4%

Holdings 102 21

Net assets, as of Nov 3, 2026 $18.6bn $1.1bn

SPHQ and XLSR on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

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About each fund

SPHQ

SPHQ tracks the S&P 500 Quality. Over the year to Nov 4, 2026 it returned +16.8% with distributions reinvested, against +14.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Nov 3, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 44.1%. It sat 5.9% below its high of Jun 30, 2026 on Nov 4, 2026.

XLSR

XLSR is actively managed and tracks no index. Over the year to Nov 4, 2026 it returned +9.5% with distributions reinvested, against +14.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.70% a year. By its holdings published by its issuer for Nov 3, 2026, 34% of the fund by weight is stocks the S&P 500 also holds, across 21 positions, with the top ten at 90.9%.

Questions people ask

Which returned more over the last year, SPHQ or XLSR?: In the year to Nov 4, 2026, with distributions reinvested, SPHQ returned +16.8% and XLSR +9.5%.
Which is cheaper, SPHQ or XLSR?: SPHQ is cheaper, by 0.55 percentage points a year. That is about $55 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SPHQ and XLSR overlap with the S&P 500?: By their latest filed holdings, 100% of SPHQ and 34% of XLSR by weight is stocks the S&P 500 already holds.

Other comparisons

SPHQ vs VOTE EFIV vs SPHQ MODL vs SPHQ SPHQ vs STXF SPY vs XLSR IVV vs XLSR VOO vs XLSR ESGU vs XLSR

Where to next

SPHQ on its own →XLSR on its own →Hold both: look the portfolio through →Rankings →SPHQ dividend history →SPHQ holdings →XLSR dividend history →XLSR holdings →Standards and sources →

Sources and dates

SPHQ filings on SEC EDGAR ↗

SPHQ prospectus with the expense ratio (SEC) ↗

Invesco page for SPHQ ↗

XLSR filings on SEC EDGAR ↗

XLSR prospectus with the expense ratio (SEC) ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, SPHQ against XLSR, data as of Nov 4, 2026. https://etfiq.com/compare/any/sphq-vs-xlsr

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