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

In the year to Oct 28, 2026, with distributions reinvested, XLK returned +27.1% and XNTK +24.9%.

Which is cheaper, XLK or XNTK?

XLK is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 100% of XLK and 90% of XNTK by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

XLK vs XNTK: Differences, Returns & Fees

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Over the year to Oct 28, 2026, XLK returned +27.1% to XNTK's +24.9%; 44% 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 $1.9bn for State Street SPDR NYSE Technology ETF.

XLK on its own →XNTK on its own →

At a glance

+27.1%

XLK total return, 1 year

+24.9%

XNTK total return, 1 year

0.08%

XLK expense ratio

0.35%

XNTK expense ratio

Pair scorecard

XLK costs 0.27 points a year less; their one-year returns differ by 2.2 points; XLK is far larger, $125.0bn against $1.9bn.

XLK vs XNTK: Differences, Returns & Fees
Measure	XLK	XNTK
Return
Measure	XLK	XNTK
Total return, 1 year	+27.1%	+24.9%
Drawdown
Measure	XLK	XNTK
Below its high	5.4%, high on Oct 6, 2026	6.9%, high on Oct 6, 2026
Benchmark
Measure	XLK	XNTK
What it tracks	Technology Select Sector Index	NYSE Technology Index
Cost and size
Measure	XLK	XNTK
Expense ratio	0.08%	0.35%
Net assets, as of Oct 27, 2026	$125.0bn	$1.9bn
Holdings
Measure	XLK	XNTK
Holdings in common	44%
Top ten holdings, share of the fund	64.6%	48.1%

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

Risk and return

Jan 12, 2001 to Oct 23, 2026 · 1,345 weekly returns

XLK XNTK

Return

Total return edge Tie +1,315.0% +1,290.5%

Annualized edge Tie +10.8% +10.7%

Price return edge XLK +946.1% +831.0%

Risk

Volatility edge XLK 22.5% 25.3%

Max drawdown edge XLK (slight) −68.8% −71.4%

Downside capture 113.0% 117.2%

Beta 1.15 1.22

Risk-adjusted

Sharpe edge XLK (slight) 0.49 0.46

Sortino edge XLK (slight) 0.71 0.66

Treynor 0.094 0.095

Calmar edge XLK (slight) 0.16 0.15

Against the benchmark

Alpha +1.6% a year +1.5% a year

Alpha t-stat 0.67 0.54

Information ratio 0.22 0.23

Tracking error 12.6% 14.3%

Each against its own benchmark: XLK against SPY, Dec 31, 1998 to Oct 23, 2026; XNTK against IVV, Jan 12, 2001 to Oct 23, 2026.

Reading

XLK and XNTK returned about the same: +1,315.0% and +1,290.5%. XLK swung less: 22.5% to 25.3%. XLK fell slightly less at its worst: −68.8% to −71.4%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: XLK vs XNTK: Differences, Returns & Fees
Measure	XLK	XNTK	Edge	How it is measured
Return
Total return	+1,315.0%	+1,290.5%	Tie	Price change plus distributions, reinvested.
Annualized	+10.8%	+10.7%	Tie	Total return as a yearly rate.
Price return	+946.1%	+831.0%	XLK	Price change alone, distributions left out.
Risk
Volatility	22.5%	25.3%	XLK	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	15.6%	17.5%	XLK	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−68.8%	−71.4%	XLK (slight)	Deepest fall from a high to the low after it.
Upside capture	138.8%	151.8%		Share of its benchmark's rise caught in the weeks it rose.
Downside capture	113.0%	117.2%		Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.15	1.22	Not an edge	How far it moves for each 1% its benchmark moves.
R squared	0.73	0.70	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.49	0.46	XLK (slight)	Return above Treasury bills per unit of volatility.
Sortino	0.71	0.66	XLK (slight)	Return above Treasury bills per unit of downside deviation.
Treynor	0.094	0.095		Return above Treasury bills per unit of beta.
Calmar	0.16	0.15	XLK (slight)	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	SPY	IVV		The ETF each fund is measured against.
Alpha	+1.6% a year	+1.5% a year	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	0.67	0.54	Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−3.0% to +6.1%	−3.9% to +6.8%	Includes zero	The 95% range for the yearly alpha.
Information ratio	0.22	0.23		Return against its benchmark per unit of tracking error.
Tracking error	12.6%	14.3%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,345 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

44%

By the books each fund has filed, XLK and XNTK hold 44% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

44% in common

Positions both hold · largest shared weight first XLK XNTK

ADVANCED MICRO DEVICES 4.78% 5.87%

MICRON TECHNOLOGY INC 4.02% 8.50%

APPLE INC 14.62% 2.75%

NVIDIA CORP 15.22% 2.75%

INTEL CORP 2.72% 5.47%

CISCO SYSTEMS INC 2.56% 3.16%

MICROSOFT CORP 11.38% 2.45%

PALANTIR TECHNOLOGIES INC A 2.67% 2.39%

BROADCOM INC 4.70% 2.10%

APPLIED MATERIALS INC 1.84% 3.37%

LAM RESEARCH CORP 1.76% 3.31%

TEXAS INSTRUMENTS INC 1.65% 3.80%

Only in one fund ↓

Only in XLK

PALO ALTO NETWORKS INC 1.91%

ANALOG DEVICES INC 1.21%

KLA CORP 1.17%

SANDISK CORP 1.11%

DELL TECHNOLOGIES C 0.89%

SEAGATE TECHNOLOGY HOLDINGS 0.88%

ACCENTURE PLC CL A 0.84%

WESTERN DIGITAL CORP 0.80%

Only in XNTK

ASML HOLDING NV NY REG SHS 3.34%

TAIWAN SEMICONDUCTOR SP ADR 3.30%

AMAZON.COM INC 2.47%

ALPHABET INC CL A 2.29%

SHOPIFY INC CLASS A 2.23%

META PLATFORMS INC CLASS A 2.13%

TESLA INC 1.96%

UBER TECHNOLOGIES INC 1.71%

Check overlap with more funds →

Side by side

XLK State Street Technology Select Sector SPDR ETF XNTK State Street SPDR NYSE Technology ETF

Where it sits Stock ETF Stock ETF

Issuer State Street State Street

What it is Tracks an index of Technology Tracks an index

Total return, 1 year +27.1% +24.9%

Its benchmark over the same days +13.6% (SPY) +13.7% (IVV)

Gap to its benchmark +13.5 pts vs SPY +11.2 pts vs IVV

Expense ratio 0.08% 0.35%

Already in the S&P 500 99.9% 90.2%

Holdings 76 35

Net assets, as of Oct 27, 2026 $125.0bn $1.9bn

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

Client brief · page 1 of 2 Report BR-C0C4E17376

XLK and XNTK are built for the same job. How do they differ in cost, holdings and results?

What each follows. XLK follows Technology Select Sector Index and XNTK follows NYSE Technology Index.
Holdings in common. 44% 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 XNTK +24.9% with distributions reinvested, a gap of 2.2 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.

XNTK

XNTK tracks an index. Over the year to Oct 28, 2026 it returned +24.9% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 35 positions, with the top ten at 48.1%. It sat 6.9% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, XLK or XNTK?: In the year to Oct 28, 2026, with distributions reinvested, XLK returned +27.1% and XNTK +24.9%.
Which is cheaper, XLK or XNTK?: XLK is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do XLK and XNTK overlap with the S&P 500?: By their latest filed holdings, 100% of XLK and 90% of XNTK by weight is stocks the S&P 500 already holds.

Other comparisons

FXL vs XLK TRFK vs XLK QTEC vs XLK RSPT vs XLK VGT vs XNTK IGM vs XNTK IXN vs XNTK RSPT vs XNTK

Where to next

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

Sources and dates

XLK filings on SEC EDGAR ↗

XLK prospectus with the expense ratio (SEC) ↗

State Street website ↗

XNTK filings on SEC EDGAR ↗

XNTK prospectus with the expense ratio (SEC) ↗

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 XNTK, data as of Oct 28, 2026. https://etfiq.com/compare/any/xlk-vs-xntk

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