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XIGV vs XSW: which is really different?

XIGV and XSW hold 0% of their weight in the same names. Defiance US 100 Tech Ex Software ETF and State Street(R) SPDR(R) S&P(R) Software & Services ETF.

90.5%
XIGV in the S&P 500
20.8%
XSW in the S&P 500
−2.1%
XIGV total return, since launch
−1.6%
XSW total return, 1 year
XIGV · 3 months to Sep 30, 202610% of its weight is outside the S&P 500
10% of its weight is outside the S&P 50091% of XIGV's weight is in S&P 500 companies and 10% is outside the index91%10%of its weight in S&P 500 companiesoutsideactive share 61% · top ten 50% of the fund · 79 holdings filed Oct 1, 2026 · Nasdaq-100: 94% in10% of its weight is outside the S&P 50091% of XIGV's weight is in S&P 500 companies and 10% is outside the index91%10%of its weight in S&P 500 companies10% of its weight outside the S&P 500active share 61% · top ten 50% of the fund

91% of XIGV's weight is in S&P 500 companies and 10% is outside the index

XSW · 1 year to Sep 30, 202679% of its weight is outside the S&P 500
79% of its weight is outside the S&P 50021% of XSW's weight is in S&P 500 companies and 79% is outside the index21%79%in the S&P 500of its weight outside the S&P 500active share 96% · top ten 9% of the fund · 133 holdings filed Sep 30, 2026 · Nasdaq-100: 14% in79% of its weight is outside the S&P 50021% of XSW's weight is in S&P 500 companies and 79% is outside the index21%79%inoutside the S&P 500active share 96% · top ten 9% of the fund

21% of XSW's weight is in S&P 500 companies and 79% is outside the index

ETFIQ Off-Index Score · XSW scores higherHow much of it is not the index it is sold as an alternative to?
0.1, the lowest in this set92.0, the highest

A percentile among the 375 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 →

What they hold in common

By the books each fund has filed, XIGV and XSW hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 1, 2026 and Sep 30, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding XIGV XSW
Synopsys Inc 0.54% 0.84%
Only in XIGV
Advanced Micro Devices Inc 6.06%
Meta Platforms Inc 5.69%
Micron Technology Inc 5.27%
Apple Inc 5.22%
Nvidia Corp 5.18%
Amazon.com Inc 4.73%
Space Exploration Technologies Corp 4.73%
Alphabet Inc 4.40%
Only in XSW
RUBRIK INC A 0.98%
CROWDSTRIKE HOLDINGS INC A 0.97%
SENTINELONE INC CLASS A 0.93%
DATADOG INC CLASS A 0.93%
NETSKOPE INC CL A 0.92%
ZSCALER INC 0.92%
PALO ALTO NETWORKS INC 0.90%
VIA TRANSPORTATION INC CL A 0.89%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

0% of the two portfolios are the same securities at the same weight.

Performance, window by window

Total returnvs the S&P 500vs the Nasdaq-100
WindowXIGVXSWXIGVXSWXIGVXSW
3 months−1.9%+10.1%−4.4 pts+7.5 pts−4.0 pts+7.9 pts
6 monthsnot published+36.3%not published+19.3 ptsnot published+9.4 pts
1 yearnot published−1.6%not published−17.3 ptsnot published−25.4 pts
3 yearsnot published+53.6%not published−31.4 ptsnot published−56.4 pts
Since launch
XIGV Jun 2026 · XSW Sep 2011
−2.1%+766.5%−5.3 pts+12.4 pts−4.4 pts−696.5 pts

XIGV and XSW over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

XIGV
Defiance US 100 Tech Ex Software ETF · Holds 79 stocks in cloud and software, 90% of its weight in S&P 500 companies
XSW
State Street(R) SPDR(R) S&P(R) Software & Services ETF · Holds 133 stocks in cloud and software, 21% of its weight in S&P 500 companies
Issuer Defiance State Street
Theme Cloud and software Cloud and software
In the S&P 500 90.5% 20.8%
Active share vs the S&P 500 60.9% 95.5%
In the Nasdaq-100 94.4% 14.0%
Holdings 79 133
Top ten, share of the fund 49.9% 9.2%
Expense ratio 0.65% 0.35%
Fee for the differing part 1.07% 0.37%
Total return, 1 year −2.1% (since launch on Jun 29, 2026) −1.6%
vs the S&P 500 −5.3 pts −17.3 pts
vs the Nasdaq-100 −4.4 pts −25.4 pts
Below its high −4.0% −7.5%
Net assets $242,313 $473m

XIGV and XSW on the same fields, as of Sep 30, 2026. Source: ETFIQ.

XIGV in plain words

By weight, 90% of XIGV's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 61%. The top ten holdings are 50% of the fund across 79 positions, as published by its issuer for Oct 1, 2026. Since it launched on Jun 29, 2026 the fund returned −2.1% with distributions reinvested against +3.2% for the S&P 500, so a holder was behind by 5.3 pts.

XSW in plain words

By weight, 21% of XSW's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 9% of the fund across 133 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned −1.6% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 17.3 pts. It sits 7.5% below its all-time high of Aug 27, 2026.

Questions people ask

Do XIGV and XSW hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, XIGV or XSW?
XIGV has 90% of its weight in S&P 500 names and XSW has 21%, so XSW differs more from the index.
Which is cheaper, XIGV or XSW?
XIGV charges 0.65% a year and XSW charges 0.35%, so XSW is cheaper. Fees come from each fund's prospectus.
Other comparisons
XIGV vs CLODXIGV vs CLOUXIGV vs FCLDXIGV vs IGVXSW vs CLODXSW vs WCLDXSW vs CLOUXSW vs FCLD
XIGV on its own →XSW on its own →How every figure is computed →Standards and sources →
Where these figures came from
XIGV filings on SEC EDGAR ↗XIGV prospectus with the expense ratio (SEC) ↗Defiance page for XIGV ↗XSW filings on SEC EDGAR ↗XSW prospectus with the expense ratio (SEC) ↗State Street website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, XIGV against XSW, data as of Sep 30, 2026. https://etfiq.com/compare/themes/xigv-vs-xsw

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.