Data as of Oct 28, 2026.
XLP vs XLU: Differences, Returns & Fees
Over the year to Oct 28, 2026, XLP returned +13.8% to XLU's −3.0%; 0% of their weight is in the same names.
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askIQ about XLP and XLUNet assets on Oct 27, 2026: $14.6bn for State Street Consumer Staples Select Sector SPDR ETF and $23.9bn for State Street Utilities Select Sector SPDR ETF.
Pair scorecard
Both cost 0.08% a year; their one-year returns differ by 16.8 points; XLU is 1.6 times larger.
| Measure | XLP | XLU |
|---|---|---|
| Return | ||
| Total return, 1 year | +13.8% | −3.0% |
| Drawdown | ||
| Below its high | 3.5%, high on Oct 22, 2026 | 9.1%, high on Feb 27, 2026 |
| Benchmark | ||
| What it tracks | Consumer Staples Select Sector Index | Utilities Select Sector Index |
| Cost and size | ||
| Expense ratio | 0.08% | 0.08% |
| Net assets, as of Oct 27, 2026 | $14.6bn | $23.9bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 62.9% | 58.7% |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Dec 31, 1998 to Oct 23, 2026 · 1,451 weekly returnsXLU returned more: +640.5% to +522.3%. XLP swung less: 14.3% to 18.1%. XLP fell less at its worst: −34.6% to −48.3%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | XLP | XLU | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +522.3% | +640.5% | XLU | Price change plus distributions, reinvested. |
| Annualized | +6.8% | +7.4% | XLU (slight) | Total return as a yearly rate. |
| Price return | +225.0% | +181.6% | XLP | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 14.3% | 18.1% | XLP | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.3% | 12.8% | XLP | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −34.6% | −48.3% | XLP | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.41 | 0.39 | XLP (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 0.57 | 0.55 | XLP (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.20 | 0.15 | 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, XLP and XLU hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
XLP and XLU on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
XLP and XLU do different jobs. What does each one do in a portfolio?
- What each follows. XLP follows Consumer Staples Select Sector Index and XLU follows Utilities 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 XLP returned +13.8% and XLU −3.0% with distributions reinvested, a gap of 16.8 points.
Data as of Oct 28, 2026.
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XLP
XLP tracks an index of Consumer staples. Over the year to Oct 28, 2026 it returned +13.8% with distributions reinvested. 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 36 positions, with the top ten at 62.9%. It sat 3.5% below its high of Oct 22, 2026 on Oct 28, 2026.
XLU
XLU tracks an index of Utilities. Over the year to Oct 28, 2026 it returned −3.0% 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 32 positions, with the top ten at 58.7%. It sat 9.1% below its high of Feb 27, 2026 on Oct 28, 2026.
Questions people ask
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How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, XLP against XLU, data as of Oct 28, 2026. https://etfiq.com/compare/any/xlp-vs-xlu
ETFIQ. (Oct 28, 2026). XLP against XLU. Retrieved from https://etfiq.com/compare/any/xlp-vs-xlu
[XLP against XLU (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/xlp-vs-xlu)
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