Which returned more over the last year, XLK or XLP?

In the year to Oct 28, 2026, with distributions reinvested, XLK returned +27.1% and XLP +13.8%.

Which is cheaper, XLK or XLP?

Neither: XLK and XLP both charge 0.08% a year. Fees come from each fund's prospectus.

How much do XLK and XLP overlap with the S&P 500?

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

Data as of Oct 28, 2026.

Across categories

XLK vs XLP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, XLK returned +27.1% to XLP's +13.8%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $125.0bn for State Street Technology Select Sector SPDR ETF and $14.6bn for State Street Consumer Staples Select Sector SPDR ETF.

XLK on its own →XLP on its own →

At a glance

+27.1%

XLK total return, 1 year

+13.8%

XLP total return, 1 year

0.08%

XLK expense ratio

0.08%

XLP expense ratio

Pair scorecard

Both cost 0.08% a year; their one-year returns differ by 13.3 points; XLK is 8.6 times larger.

Points (pts) are percentage points.

XLK vs XLP: Differences, Returns & Fees
Measure	XLK	XLP
Return
Measure	XLK	XLP
Total return, 1 year	+27.1%	+13.8%
Drawdown
Measure	XLK	XLP
Below its high	5.4%, high on Oct 6, 2026	3.5%, high on Oct 22, 2026
Benchmark
Measure	XLK	XLP
What it tracks	Technology Select Sector Index	Consumer Staples Select Sector Index
Cost and size
Measure	XLK	XLP
Expense ratio	0.08%	0.08%
Net assets, as of Oct 27, 2026	$125.0bn	$14.6bn
Holdings
Measure	XLK	XLP
Holdings in common	0%
Top ten holdings, share of the fund	64.6%	62.9%

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

Risk and return

Dec 31, 1998 to Oct 23, 2026 · 1,451 weekly returns

XLK XLP

Return

Total return edge XLK +1,419.1% +522.3%

Annualized edge XLK +10.2% +6.8%

Price return edge XLK +1,023.1% +225.0%

Risk

Volatility edge XLP 23.7% 14.3%

Max drawdown edge XLP −81.4% −34.6%

Risk-adjusted

Sharpe edge XLK 0.46 0.41

Sortino edge XLK 0.65 0.57

Calmar edge XLP 0.13 0.20

Reading

XLK returned more: +1,419.1% to +522.3%. XLP swung less: 14.3% to 23.7%. XLP fell less at its worst: −34.6% to −81.4%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: XLK vs XLP: Differences, Returns & Fees
Measure	XLK	XLP	Edge	How it is measured
Return
Total return	+1,419.1%	+522.3%	XLK	Price change plus distributions, reinvested.
Annualized	+10.2%	+6.8%	XLK	Total return as a yearly rate.
Price return	+1,023.1%	+225.0%	XLK	Price change alone, distributions left out.
Risk
Volatility	23.7%	14.3%	XLP	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	16.6%	10.3%	XLP	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−81.4%	−34.6%	XLP	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.46	0.41	XLK	Return above Treasury bills per unit of volatility.
Sortino	0.65	0.57	XLK	Return above Treasury bills per unit of downside deviation.
Calmar	0.13	0.20	XLP	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,451 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, XLK and XLP hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first XLK XLP

Only in one fund ↓

Only in XLK

NVIDIA CORP 15.22%

APPLE INC 14.62%

MICROSOFT CORP 11.38%

ADVANCED MICRO DEVICES 4.78%

BROADCOM INC 4.70%

MICRON TECHNOLOGY INC 4.02%

INTEL CORP 2.72%

PALANTIR TECHNOLOGIES INC A 2.67%

Only in XLP

WALMART INC 11.05%

COSTCO WHOLESALE CORP 9.14%

PROCTER + GAMBLE CO 7.69%

COCA COLA CO 7.34%

PHILIP MORRIS INTERNATIONAL 6.56%

ALTRIA GROUP INC 4.54%

COLGATE PALMOLIVE CO 4.39%

MONDELEZ INTERNATIONAL INC A 4.19%

Check overlap with more funds →

Side by side

XLK State Street Technology Select Sector SPDR ETF XLP State Street Consumer Staples Select Sector SPDR ETF

Where it sits Stock ETF Stock ETF

Issuer State Street State Street

What it is Tracks an index of Technology Tracks an index of Consumer staples

Total return, 1 year +27.1% +13.8%

Its benchmark over the same days +13.6% (SPY) not measured

Gap to its benchmark +13.5 pts vs SPY not measured

Expense ratio 0.08% 0.08%

Already in the S&P 500 99.9% 99.6%

Holdings 76 36

Net assets, as of Oct 27, 2026 $125.0bn $14.6bn

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

Client brief · page 1 of 2 Report BR-33D94785BC

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

What each follows. XLK follows Technology Select Sector Index and XLP follows Consumer Staples Select Sector Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 XLK returned +27.1% and XLP +13.8% with distributions reinvested, a gap of 13.3 points.

Data as of Oct 28, 2026.

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About each fund

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.

XLP

XLP tracks an index of Consumer staples. Over the year to Oct 28, 2026 it returned +13.8% with distributions reinvested. 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 36 positions, with the top ten at 62.9%. It sat 3.5% below its high of Oct 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, XLK or XLP?: In the year to Oct 28, 2026, with distributions reinvested, XLK returned +27.1% and XLP +13.8%.
Which is cheaper, XLK or XLP?: Neither: XLK and XLP both charge 0.08% a year. Fees come from each fund's prospectus.
How much do XLK and XLP overlap with the S&P 500?: By their latest filed holdings, 100% of XLK and 100% of XLP by weight is stocks the S&P 500 already holds.

Other comparisons

VDC vs XLK SCHH vs XLK VHT vs XLK XLB vs XLK VGT vs XLP IYW vs XLP FTEC vs XLP IGM vs XLP

Where to next

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

Sources and dates

XLK and XLP filings on SEC EDGAR ↗

XLK and XLP 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, XLK against XLP, data as of Oct 28, 2026. https://etfiq.com/compare/any/xlk-vs-xlp

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.