Data as of Oct 28, 2026.
XLK vs XOVR: Differences, Returns & Fees
Over the year to Oct 28, 2026, XLK returned +27.1% to XOVR's −3.0%; 12% of their weight is in the same names.
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Net assets: $125.0bn on Oct 27, 2026 for State Street Technology Select Sector SPDR ETF, and $2.2bn on Jun 30, 2026 for ERShares Private-Public Crossover ETF.
Pair scorecard
XLK costs 1.73 points a year less; their one-year returns differ by 30.1 points.
| Measure | XLK | XOVR |
|---|---|---|
| Return | ||
| Total return, 1 year | +27.1% | −3.0% |
| Drawdown | ||
| Below its high | 5.4%, high on Oct 6, 2026 | 6.5%, high on Oct 5, 2026 |
| Benchmark | ||
| What it tracks | Technology Select Sector Index | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.08% | 1.81% |
| Net assets, XLK as of Oct 27, 2026 and XOVR as of Jun 30, 2026 | $125.0bn | $2.2bn |
| Holdings | ||
| Holdings in common | 12% | |
| Top ten holdings, share of the fund | 64.6% | 63.1% |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method
Risk and return
Nov 17, 2017 to Oct 23, 2026 · 466 weekly returnsXLK returned more: +530.6% to +138.8%. XLK swung less: 23.6% to 26.7%. XLK fell less at its worst: −32.6% to −56.3%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | XLK | XOVR | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +530.6% | +138.8% | XLK | Price change plus distributions, reinvested. |
| Annualized | +22.8% | +10.2% | XLK | Total return as a yearly rate. |
| Price return | +478.5% | +37.1% | XLK | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 23.6% | 26.7% | XLK | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 15.6% | 18.5% | XLK | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −32.6% | −56.3% | XLK | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.88 | 0.40 | XLK | Return above Treasury bills per unit of volatility. |
| Sortino | 1.32 | 0.57 | XLK | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.70 | 0.18 | XLK | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 466 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, XLK and XOVR hold 12% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
12% in common
Only in one fund ↓
Side by side
XLK and XOVR on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
No client brief for this pair: the two funds' holdings are dated 119 days apart.
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.
XOVR
XOVR is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −3.0% with distributions reinvested. The prospectus expense ratio is 1.81% a year. By its holdings filed for Jun 30, 2026, 43% of the fund by weight is stocks the S&P 500 also holds, across 32 positions, with the top ten at 63.1%. It sat 6.5% below its high of Oct 5, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, XLK or XOVR?
- In the year to Oct 28, 2026, with distributions reinvested, XLK returned +27.1% and XOVR −3.0%.
- Which is cheaper, XLK or XOVR?
- XLK is cheaper, by 1.73 percentage points a year. That is about $173 on $10,000 held for a year. Fees come from each fund's prospectus.
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.
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ETFIQ, XLK against XOVR, data as of Oct 28, 2026. https://etfiq.com/compare/any/xlk-vs-xovr
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[XLK against XOVR (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/xlk-vs-xovr)
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