Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
XLG vs XLK: how they differ
XLG and XLK hold 50% of their weight in the same names, and XLK returned more over the year.
Invesco S&P 500 Top 50 ETF and State Street(R) Technology Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, XLG and XLK hold 50% of their money in the same securities at the same weight.
| Holding | XLG | XLK |
|---|---|---|
| NVIDIA Corp | 12.79% | 14.31% |
| Apple Inc | 11.58% | 12.98% |
| Microsoft Corp | 8.83% | 9.90% |
| Broadcom Inc | 4.12% | 4.62% |
| Micron Technology Inc | 2.66% | 4.11% |
| Advanced Micro Devices Inc | 1.99% | 4.23% |
| Intel Corp | 1.20% | 3.27% |
| Cisco Systems Inc | 1.02% | 2.80% |
| Palantir Technologies Inc | 0.92% | 2.52% |
| Lam Research Corp | 0.90% | 2.46% |
| Applied Materials Inc | 0.87% | 2.38% |
| Oracle Corp | 0.63% | 1.72% |
| Only in XLG | Only in XLK |
|---|---|
| Amazon.com Inc 5.95% | PALO ALTO NETWORKS INC 1.81% |
| Alphabet Inc 4.71% | CROWDSTRIKE HOLDINGS INC A 1.41% |
| Alphabet Inc 3.77% | MARVELL TECHNOLOGY INC 1.31% |
| Meta Platforms Inc 3.42% | SALESFORCE INC 1.31% |
| Tesla Inc 2.47% | AMPHENOL CORP CL A 1.30% |
| JPMorgan Chase & Co 2.29% | ARISTA NETWORKS INC 1.29% |
| Berkshire Hathaway Inc 2.25% | SEAGATE TECHNOLOGY HOLDINGS 1.28% |
| Eli Lilly & Co 2.15% | ANALOG DEVICES INC 1.17% |
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.
| XLG Invesco S&P 500 Top 50 ETF | XLK State Street(R) Technology Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | S&P 500 top 50 | Technology |
| Total return, 1 year | +12.2% | +39.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −5.3 pts | +21.7 pts |
| Expense ratio | 0.20% | 0.08% |
| Already in the S&P 500 | 100.0% | 100.0% |
| Holdings | 52 | 74 |
XLG in plain words
XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% 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 52 positions, with the top ten at 60.3%.
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, XLG or XLK?
- In the year to Sep 13, 2026, with distributions reinvested, XLG returned +12.2% and XLK returned +39.2%, so XLK returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, XLG or XLK?
- XLG charges 0.20% a year and XLK charges 0.08%, so XLK is cheaper. Fees come from each fund's prospectus.
- How much do XLG and XLK overlap with the S&P 500?
- By their latest filed holdings, 100% of XLG and 100% of XLK by weight is stocks the S&P 500 already holds. Between the two funds, 50% 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, XLG against XLK, data as of Sep 13, 2026. https://etfiq.com/compare/any/xlg-vs-xlk Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources