XLG vs XLK: Holdings Overlap
Invesco · 51 holdings · $10.7B · as of 2026-04-30
XLKState Street® Technology Select Sector SPDR® ETF
State Street (SPDR) · 73 holdings · $122.8B · as of 2026-08-06
Holdings snapshots are 98 days apart (XLG: 2026-04-30, XLK: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are XLG and XLK?
Invesco S&P 500 Top 50 ETF (XLG, by Invesco) holds 51 positions; State Street® Technology Select Sector SPDR® ETF (XLK, by State Street (SPDR)) holds 73. They have 15 holdings in common, and by portfolio weight the two funds are 43.7% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 43.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 15XLG holds 51 · XLK holds 73
- Weight in Shared Holdings
- XLG 44%·XLK 60%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in XLG
36 of 51 positions (55.9% of the fund) are not held by XLK. Showing the top 30 by weight.
Only in XLK
58 of 73 positions (39.6% of the fund) are not held by XLG. Showing the top 30 by weight.
Sector Breakdown
| Sector | XLG | XLK |
|---|---|---|
| Information Technology | 43.7% | 99.9% |
| Communication Services | 17.0% | 0.0% |
| Consumer Discretionary | 11.3% | 0.0% |
| Financials | 9.6% | 0.0% |
| Health Care | 7.0% | 0.0% |
| Other Sectors | 11.0% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| XLG | +3.7% | +7.2% | +17.9% | +22.2% | +14.3% | +16.6% | 0.63% |
| XLK | +4.9% | +30.9% | +43.5% | +30.7% | +20.3% | +24.4% | 0.42% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in XLG vs XLK →
Shared Holdings(15)
The top 10 shared positions account for 96% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 13.04% | 14.35% | 13.04% |
|---|---|---|---|
 AAPLApple Inc. COM | 10.71% | 12.41% | 10.71% |
 MSFTMicrosoft Corp. COM | 8.14% | 10.04% | 8.14% |
 AVGOBroadcom Inc COM | 4.83% | 5.39% | 4.83% |
 AMDAdvanced Micro Devices Inc. COM | 1.55% | 4.11% | 1.55% |
 CSCOCisco Systems, Inc. COM | 0.97% | 3.15% | 0.97% |
 PLTRPalantir Technologies, Inc., Class A | 0.85% | 2.36% | 0.85% |
 ORCLOracle Corp. COM | 0.74% | 1.61% | 0.74% |
 TXNTexas Instruments Inc. COM | 0.69% | 1.67% | 0.69% |
 IBMInternational Business Machines Corp. COM | 0.58% | 1.45% | 0.58% |
 CRMSalesforce Inc. COM | 0.45% | 1.01% | 0.45% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 0.30% | 0.69% | 0.30% |
 INTUIntuit Inc COM | 0.29% | 0.59% | 0.29% |
 ADBEAdobe Inc COM | 0.27% | 0.69% | 0.27% |
 NOWServicenow Inc COM | 0.25% | 0.80% | 0.25% |
Frequently Asked Questions
How much do XLG and XLK overlap?
XLG and XLK overlap by 43.7% of portfolio weight. They share 15 holdings (XLG holds 51 positions and XLK holds 73), based on each fund's latest SEC-reported holdings.
Is it redundant to own both XLG and XLK?
The two portfolios are 43.7% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of XLG and XLK?
The largest positions held by both funds are NVDA, AAPL, MSFT, AVGO and AMD. Together the top 10 shared positions account for 96% of the total overlap.
What does XLG own that XLK doesn't?
36 positions (55.9% of XLG) are unique to XLG, led by AMZN, GOOGL and GOOG. In the other direction, 58 positions (39.6% of XLK) are unique to XLK.