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Data as of .

FTXL vs XSD: which is really different?

FTXL and XSD hold 38% of their weight in the same names, and FTXL returned more over the year.

First Trust Nasdaq Semiconductor ETF and State Street(R) SPDR(R) S&P(R) Semiconductor ETF.

78.5%FTXL in the S&P 500
38.2%XSD in the S&P 500
+116.0%FTXL total return, 1 year
+58.2%XSD total return, 1 year

ETFIQ Off-Index Score: XSD scores higher

How much of it is not the index it is sold as an alternative to?

FTXL 12XSD 22.60.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

FTXL22% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
79%22%of its weight in S&P 500 companiesoutside the S&P 500active share 81% · top ten 60% of the fund · 38 holdings filed Sep 18, 2026 · Nasdaq-100: 75% in79%22%in the S&P 500outsideactive share 81% · top ten 60% of the fund
XSD62% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
38%62%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 88% · top ten 31% of the fund · 48 holdings filed Sep 17, 2026 · Nasdaq-100: 31% in38%62%in the S&P 500outside the S&P 500active share 88% · top ten 31% of the fund

38% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, FTXL and XSD hold 38% of their money in the same securities at the same weight.

Positions FTXL and XSD both hold, largest shared weight first
HoldingFTXLXSD
Advanced Micro Devices, Inc.4.43%3.23%
NVIDIA Corporation7.49%2.94%
Micron Technology, Inc.7.89%2.94%
Intel Corporation9.03%2.72%
QUALCOMM Incorporated7.76%2.65%
Marvell Technology, Inc.4.29%2.55%
Broadcom Inc.7.19%2.50%
Analog Devices, Inc.3.86%2.48%
Texas Instruments Incorporated3.80%2.45%
Microchip Technology Incorporated2.88%2.16%
NXP Semiconductors N.V.3.78%2.14%
Monolithic Power Systems, Inc.1.75%2.13%
Only in each
Only in FTXLOnly in XSD
KLA Corporation 3.75%IMPINJ INC 3.93%
Amkor Technology, Inc. 3.69%SKYWORKS SOLUTIONS INC 3.48%
Applied Materials, Inc. 3.61%QORVO INC 3.37%
Lam Research Corporation 3.56%AMBARELLA INC 2.87%
Teradyne, Inc. 3.19%MAXLINEAR INC 2.79%
Entegris, Inc. 2.25%SILICON LABORATORIES INC 2.70%
Vishay Intertechnology, Inc. 1.01%SITIME CORP 2.42%
Onto Innovation Inc. 0.72%PENGUIN SOLUTIONS INC 2.41%

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 17, 2026 and Sep 18, 2026.

Performance, window by window

FTXL and XSD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
FTXLXSDFTXLXSDFTXLXSD
3 months−17.9%−20.4%−20.2 pts−22.6 pts−15.4 pts−17.9 pts
6 months+59.0%+57.2%+41.0 pts+39.2 pts+34.8 pts+33.0 pts
1 year+116.0%+58.2%+99.4 pts+41.7 pts+94.2 pts+36.5 pts
3 years+253.0%+158.3%+174.6 pts+79.9 pts+154.8 pts+60.1 pts
Since launch+1147.2%+2210.2%+833.7 pts+1406.7 pts+593.6 pts+520.0 pts
Open the live comparison on ETFIQ
FTXL and XSD on the same fields, as of Sep 18, 2026. Source: ETFIQ.
FTXL
First Trust Nasdaq Semiconductor ETF
Holds 38 stocks in semiconductors, 78% of its weight in S&P 500 companies
XSD
State Street(R) SPDR(R) S&P(R) Semiconductor ETF
Holds 48 stocks in semiconductors, 38% of its weight in S&P 500 companies
IssuerFirst TrustState Street
ThemeSemiconductorsSemiconductors
In the S&P 50078.5%38.2%
Active share vs the S&P 50081.0%88.2%
In the Nasdaq-10075.1%30.9%
Holdings3848
Top ten, share of the fund59.5%31.4%
Expense ratio0.60%0.35%
Fee for the differing part0.74%0.40%
Total return, 1 year+116.0%+58.2%
vs the S&P 500+99.4 pts+41.7 pts
vs the Nasdaq-100+94.2 pts+36.5 pts
Below its high−20.1%−22.0%
Net assets$1.5bn$3.0bn

FTXL in plain words

By weight, 78% of FTXL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 81%. The top ten holdings are 60% of the fund across 38 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +116.0% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 99.4 pts. It sits 20.1% below its all-time high of Jun 22, 2026.

XSD in plain words

By weight, 38% of XSD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 88%. The top ten holdings are 31% of the fund across 48 positions, as published by its issuer for Sep 17, 2026. Over the year to Sep 18, 2026 the fund returned +58.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 41.7 pts. It sits 22.0% below its all-time high of Jun 3, 2026.

Questions people ask

Do FTXL and XSD hold the same stocks?
By their latest filings, 38% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, FTXL or XSD?
FTXL has 78% of its weight in S&P 500 names and XSD has 38%, so XSD differs more from the index.
Which is cheaper, FTXL or XSD?
FTXL charges 0.60% a year and XSD charges 0.35%, so XSD is cheaper. Fees come from each fund's prospectus.

Other comparisons

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.

FTXL against XSD, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FTXL against XSD, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ftxl-vs-xsd Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources