Data as of Oct 28, 2026.

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VYM vs XLK: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VYM returned +18.0% to XLK's +27.1%; 14% of their weight is in the same names.

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Net assets: $78.9bn on Sep 30, 2026 for Vanguard High Dividend Yield ETF, and $125.0bn on Oct 27, 2026 for State Street Technology Select Sector SPDR ETF.

At a glance
+18.0%
VYM total return, 1 year
+27.1%
XLK total return, 1 year
0.04%
VYM expense ratio
0.08%
XLK expense ratio

Pair scorecard

VYM costs 0.04 points a year less; their one-year returns differ by 9.1 points; XLK is 1.6 times larger.

VYM vs XLK: Differences, Returns & Fees
MeasureVYMXLK
Return
Total return, 1 year+18.0%+27.1%
Drawdown
Below its high5.4%, high on Oct 6, 2026
Benchmark
What it tracksFTSE High Dividend Yield IndexTechnology Select Sector Index
Cost and size
Expense ratio0.04%0.08%
Net assets, as of Sep 30, 2026$78.9bn$127.3bn
Holdings
Holdings in common14%
Top ten holdings, share of the fund26.2%64.6%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Nov 24, 2006 to Oct 23, 2026 · 1,039 weekly returns
VYM XLK
Return
Total return edge XLK +487.1% +1,899.3%
Annualized edge XLK +9.3% +16.2%
Price return edge XLK +220.2% +1,442.3%
Risk
Volatility edge VYM 16.7% 21.0%
Max drawdown edge XLK −56.7% −50.7%
Risk-adjusted
Sharpe edge XLK 0.52 0.74
Sortino edge XLK 0.73 1.10
Calmar edge XLK 0.16 0.32
Reading

XLK returned more: +1,899.3% to +487.1%. VYM swung less: 16.7% to 21.0%. XLK fell less at its worst: −50.7% to −56.7%.

Full scorecard

9 measures, with how each is measured
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Risk and return: VYM vs XLK: Differences, Returns & Fees
MeasureVYMXLKEdgeHow it is measured
Return
Total return+487.1%+1,899.3%XLKPrice change plus distributions, reinvested.
Annualized+9.3%+16.2%XLKTotal return as a yearly rate.
Price return+220.2%+1,442.3%XLKPrice change alone, distributions left out.
Risk
Volatility16.7%21.0%VYMSpread of weekly returns, annualized. Lower is steadier.
Downside deviation11.8%14.2%VYMLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−56.7%−50.7%XLKDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.520.74XLKReturn above Treasury bills per unit of volatility.
Sortino0.731.10XLKReturn above Treasury bills per unit of downside deviation.
Calmar0.160.32XLKAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,039 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

14%

By the books each fund has filed, VYM and XLK hold 14% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

14% in common

Positions both hold · largest shared weight first VYM XLK
Broadcom Inc 6.93% 4.70%
Cisco Systems Inc 1.80% 2.56%
Texas Instruments Inc 1.08% 1.65%
Oracle Corp 1.00% 1.32%
International Business Machines Corp 0.88% 1.38%
QUALCOMM Inc 0.82% 1.15%
Analog Devices Inc 0.82% 1.21%
Dell Technologies Inc 0.69% 0.89%
Accenture PLC 0.48% 0.84%
Hewlett Packard Enterprise Co 0.36% 0.47%
TE Connectivity PLC 0.26% 0.38%
NXP Semiconductors NV 0.26% 0.37%
Only in one fund ↓
Only in VYM
JPMorgan Chase & Co 3.75%
ExxonMobil Holdings Corp 2.84%
Johnson & Johnson 2.71%
AbbVie Inc 1.96%
Chevron Corp 1.61%
Caterpillar Inc 1.56%
Merck & Co Inc 1.52%
Bank of America Corp 1.50%
Only in XLK
NVIDIA CORP 15.22%
APPLE INC 14.62%
MICROSOFT CORP 11.38%
ADVANCED MICRO DEVICES 4.78%
MICRON TECHNOLOGY INC 4.02%
INTEL CORP 2.72%
PALANTIR TECHNOLOGIES INC A 2.67%
PALO ALTO NETWORKS INC 1.91%
Check overlap with more funds →

Side by side

VYM Vanguard High Dividend Yield ETF XLK State Street Technology Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of US high dividend Tracks an index of Technology
Total return, 1 year +18.0% +27.1%
Its benchmark over the same days not measured +13.6% (SPY)
Gap to its benchmark not measured +13.5 pts vs SPY
Expense ratio 0.04% 0.08%
Already in the S&P 500 89.5% 99.9%
Holdings 595 76
Net assets, VYM as of Sep 30, 2026 and XLK as of Oct 27, 2026 $78.9bn $125.0bn

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

Client brief · page 1 of 2 Report BR-0F8A151560

VYM and XLK do different jobs. What does each one do in a portfolio?

  1. What each follows. VYM follows FTSE High Dividend Yield Index and XLK follows Technology Select Sector Index.
  2. Holdings in common. 14% of the weight is in the same securities (holdings dated Sep 30, 2026 and Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 VYM returned +18.0% and XLK +27.1% with distributions reinvested, a gap of 9.1 points.

Data as of Oct 28, 2026.

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About each fund
VYM

VYM tracks an index of US high dividend. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer as of Sep 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 595 positions, with the top ten at 26.2%.

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, VYM or XLK?
In the year to Oct 28, 2026, with distributions reinvested, VYM returned +18.0% and XLK +27.1%.
Which is cheaper, VYM or XLK?
VYM is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VYM and XLK overlap with the S&P 500?
By their latest filed holdings, 90% of VYM and 100% of XLK by weight is stocks the S&P 500 already holds.
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ETFIQ, VYM against XLK, data as of Oct 28, 2026. https://etfiq.com/compare/any/vym-vs-xlk

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