QQQvsXLKETF Comparison
VS
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 Technology, Consumer Non-Cyclicals and Healthcare. In contrast, XLK's top sector exposures are Technology, Business Services and Non-Energy Materials. QQQ is more expensive with a Total Expense Ratio (TER) of 0.18%, versus 0.08% for XLK. QQQ is up 20.3% year-to-date (YTD) with +$9.95B in YTD flows. XLK performs better with 35.59% YTD performance, and +$904M 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
QQQ vs XLK performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | QQQ XLK | +2.91%+4.86% | +1.78%+4.97% | +20.30%+35.59% | +23.56%+39.53% | +109.16%+142.63% | +110.89%+168.10% |
| Flows | QQQ XLK | -$1.98B-$158M | +$3.72B+$110M | +$9.95B+$904M | +$23.35B+$1.50B | +$66.76B+$7.65B | +$83.01B+$8.77B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | QQQ XLK | +19.87%+27.72% | +19.95%+26.65% | +20.54%+25.24% | +23.11%+26.10% |
| Max drawdown | QQQ XLK | -10.18%-12.61% | -11.93%-15.92% | -22.83%-25.74% | -35.12%-33.57% |
| Max drawdown duration | QQQ XLK | 80d43d | 167d168d | 124d113d | 714d534d |
Trading data
QQQ | XLK | |
Last sale 9/29/2026 at 2:03 PM | $737.97 | $195.15 |
| Previous close 09/28/2026 | $736.53 | $194.53 |
| Consolidated volume 09/28/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
QQQ | XLK | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/29/2026 at 2:03 PM
Live
Closed
QQQ | XLK | |
|---|---|---|
| Last price | $737.97 | $195.15 |
| 1D performance | +0.20% | +0.32% |
| AuM | $497.58 B | $126.64 B |
| E/R | 0.18% | 0.08% |
Characteristics
QQQ | XLK | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Invesco | State Street Investment Management |
| Benchmark | NASDAQ-100 Index | S&P Technology Select Sector Index |
| N° of holdings | 101 | 73 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 10, 1999 | December 16, 1998 |
| ESG | No | No |
Advertisement
Exposure
Countries
QQQ
USA
94.49%
Other
5.51%
XLK
USA
97.19%
Other
2.81%
Sectors
QQQ
Technology
67.22%
Consumer Non-Cycl.
11.5%
Other
21.28%
XLK
Technology
95.48%
Other
4.52%
Advertisement
Diversification
QQQ
Total weight of top 15 holdings out of 15
56.8%
XLK
Total weight of top 15 holdings out of 15
69.87%
Top 15 holdings
Data as of August 31, 2026
QQQ
NVIDIA Corp.
8.75%
Apple, Inc.
7.33%
Microsoft Corp.
5.95%
Micron Technology, Inc.
4.62%
Amazon.com, Inc.
4.37%
Advanced Micro Devices, Inc.
3.40%
Alphabet, Inc.
3.15%
Alphabet, Inc.
2.92%
Tesla, Inc.
2.81%
Broadcom Inc.
2.79%
Meta Platforms, Inc.
2.68%
Walmart, Inc.
2.19%
Intel Corp.
2.03%
Cisco Systems, Inc.
1.94%
Palantir Technologies, Inc.
1.87%
XLK
NVIDIA Corp.
14.37%
Apple, Inc.
12.50%
Microsoft Corp.
10.13%
Broadcom Inc.
4.71%
Micron Technology, Inc.
4.00%
Advanced Micro Devices, Inc.
3.93%
Intel Corp.
2.90%
Cisco Systems, Inc.
2.86%
Palantir Technologies, Inc.
2.81%
Lam Research Corp.
2.47%
Applied Materials, Inc.
2.39%
Palo Alto Networks, Inc.
2.03%
Oracle Corp.
1.66%
Texas Instruments Incorporated
1.56%
CrowdStrike Holdings, Inc.
1.54%
Frequently asked questions about QQQ and XLK
How have the QQQ and XLK ETFs performed in 2026?
As of September 28, 2026, QQQ is up 20.3% year-to-date (YTD), while XLK has returned 35.59%. 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 +$9.95B in flows, compared to +$904M for XLK.
Which ETF is more volatile: QQQ or XLK?
Over the past year, QQQ had a volatility of 19.95%, while XLK experienced 26.65%.
Which ETF is bigger: QQQ or XLK?
As of September 28, 2026, QQQ holds $497.58 B in assets under management (AUM), while XLK manages $126.64 B.
What sectors do the QQQ and XLK ETFs invest in?
QQQ leans toward sectors like Technology and Consumer Non-Cyclicals. Meanwhile, XLK focuses on Technology.
What are the top holdings of the QQQ ETF and XLK ETF?
QQQ top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. XLK holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..
Which ETF is more diversified: QQQ or XLK?
QQQ holds 102 securities with 56.8% of its assets in the top 15. XLK has 73 securities and a top 15 weight of 69.87%.
Advertisement
Latest news about QQQ & XLK
The Weekly ETF Market Monitor (September 21-25, 2026)
September 26, 2026
QQQ
The Weekly ETF Market Monitor (September 14-18, 2026)
September 19, 2026
QQQ
The Weekly ETF Market Monitor (August 24-28, 2026)
August 31, 2026
QQQ
There’s an ETF for That? Box Spreads
August 27, 2026
QQQ
Advertisement
The Weekly ETF Market Monitor (August 17-21, 2026)
August 24, 2026
QQQ
The Weekly ETF Market Monitor (August 17-21, 2026)
August 24, 2026
QQQ
The Weekly ETF Market Monitor (August 10-14, 2026)
August 17, 2026
QQQ
Advertisement
