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QQQvsXLKETF Comparison

ETF 1
QQQ

Invesco QQQ ETF

This fund is part of
US Large Cap
+1.15%
VS
ETF 2
XLK

State Street Technology Select Sector SPDR ETF

This fund is part of
US Info. Technology
+2.6%

Invesco QQQ ETF (QQQ) belongs to the US Large Cap segment. State Street Technology Select Sector SPDR ETF (XLK) is part of the US Info. Technology segment. QQQ's top 3 sector exposures are Information Technology, Communication Services and Consumer Discretionary. In contrast, XLK's top sector exposures are Information Technology,  QQQ is more expensive with a Total Expense Ratio (TER) of 0.18%, versus 0.08% for XLK. QQQ is up 16.23% year-to-date (YTD) with +$825M in YTD flows. XLK performs better with 23.21% YTD performance, and +$1.52B in YTD flows. Run a side-by-side ETF comparison of QQQ and XLK below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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QQQ vs XLK performance and flow charts

Performance

051015%Apr 20Apr 27May 4May 11May 18

Cumulative Flows

-4 B-2 B0 B2 B4 B6 B8 BApr 20Apr 27May 4May 11May 18

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Historic performance and flows
Data as of 05/20/2026
1M3MYTD1Y3Y5Y
Perf.
QQQ
XLK
+10.23%+14.61%
+17.27%+25.89%
+16.23%+23.21%
+37.73%+52.49%
+114.93%+129.28%
+123.35%+168.83%
Flows
QQQ
XLK
+$5.55B+$1.34B
+$4.50B+$3.20B
+$825M+$1.52B
+$18.91B+$4.29B
+$64.38B+$9.25B
+$86.04B+$9.75B
Volatility and drawdown
3M1Y3Y5Y
Volatility
QQQ
XLK
+19.65%+25.44%
+16.27%+20.78%
+19.84%+23.72%
+22.58%+24.98%
Max drawdown
QQQ
XLK
-9.32%-10.71%
-11.93%-15.92%
-22.83%-25.74%
-35.12%-33.57%
Max drawdown duration
QQQ
XLK
44d44d
167d168d
124d113d
714d534d
Trading data

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QQQ
XLK
Last sale
5/21/2026 at 5:26 PM
$713.81
$177.97
Previous close
05/20/2026
$713.15
$177.14
Consolidated volume
05/20/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 30, 2026
1-year trailing difference

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QQQ
XLK
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 5/21/2026 at 5:26 PM
Live
Closed
QQQ
XLK
Last price
$713.81
$177.97
1D performance
+0.09%
+0.47%
AuM$473.09 B$115.53 B
E/R0.18%0.08%
Characteristics
QQQ
XLK
Management strategyPassivePassive
ProviderInvescoState Street Investment Management
BenchmarkNASDAQ-100 IndexS&P Technology Select Sector Index
N° of holdings9367
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateMarch 10, 1999December 16, 1998
ESGNoNo
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Exposure

Countries

QQQ
USA
96.39%
Other
3.61%
XLK
USA
97.07%
Other
2.93%

Sectors

QQQ
Information Techn.
49.09%
Communication Ser.
15.04%
Consumer Discreti.
12.46%
Consumer Staples
8.69%
Other
14.72%
XLK
Information Techn.
94.31%
Other
5.69%
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Diversification

QQQ

Total weight of top 15 holdings out of 15

57.37%
XLK

Total weight of top 15 holdings out of 15

70.76%

Top 15 holdings

Data as of March 31, 2026
QQQ
NVIDIA
8.57%
APPLE
7.69%
MICROSOFT-T
5.58%
AMAZON.COM INC
4.50%
TESLA
3.80%
WALMART INC
3.49%
ALPHABET INC-CL
3.36%
META PLATFORMS
3.26%
ALPHABET INC-CL
3.13%
BROADCOM LIMITED
3.00%
COSTCO WHOLESALE
2.54%
MICRON TECHNOLOGY
2.34%
NETFLIX
2.29%
ADVANCED MICRO DEVICES
1.91%
PALANTIR TECHNOLOGIES
1.91%
XLK
NVIDIA
15.50%
APPLE
13.63%
MICROSOFT-T
10.05%
BROADCOM LIMITED
5.37%
MICRON TECHNOLOGY
3.39%
PALANTIR TECHNOLOGIES
2.98%
ADVANCED MICRO DEVICES
2.95%
CISCO-T
2.73%
APPLIED MATERIAL
2.42%
US5128073062
2.38%
ORACLE SYS
2.22%
INTL BUSINESS MACHINES CORP
2.02%
INTEL-T
1.85%
KLA CORPORATION
1.72%
TEXAS INSTRUMENTS
1.57%
Frequently asked questions about QQQ and XLK

How have the QQQ and XLK ETFs performed in 2026?

As of May 20, 2026, QQQ is up 16.23% year-to-date (YTD), while XLK has returned 23.21%. That puts XLK better performer ahead so far this year.

Which ETF is attracting more investor money: QQQ or XLK?

Year-to-date, the QQQ ETF saw +$825M in flows, compared to +$1.52B for XLK.

Which ETF is more volatile: QQQ or XLK?

Over the past year, QQQ had a volatility of 16.27%, while XLK experienced 20.78%.

Which ETF is bigger: QQQ or XLK?

As of May 20, 2026, QQQ holds $473.09 B in assets under management (AUM), while XLK manages $115.53 B.

What sectors do the QQQ and XLK ETFs invest in?

QQQ leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, XLK focuses on Information Technology.

What are the top holdings of the QQQ ETF and XLK ETF?

QQQ top holdings include NVIDIA, APPLE and MICROSOFT-T. XLK holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: QQQ or XLK?

QQQ holds 101 securities with 57.37% of its assets in the top 15. XLK has 73 securities and a top 15 weight of 70.76%.

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