SPTE vs XLK: Grades, Fees and Holdings Compared

SP Funds S&P Global Technology ETF

SPTEDNYSE Arca

State Street Technology Select Sector SPDR ETF

XLKANYSE Arca

Overlap

55.7%by weight

Expense ratio

XLK −0.47pt a year

SPTE0.55%XLK0.08%

Avg volume · 30D

XLK 170.8×the volume

SPTE48.5KXLK8.28M

SPTE vs XLK Performance

Oct 31, 2025 – Oct 30, 2026

+25.3%SPTE+20.0%XLK

Expense ratio: SPTE 0.55%; XLK 0.08%, better
Fund size: SPTE $259M; XLK $125B
1Y total return: SPTE +25.3%, better; XLK +20.0%
Yield (12M): SPTE 0.74%, better; XLK 0.47%
Holdings: SPTE 108; XLK 78
Avg volume (30D): SPTE 48.5K sh; XLK 8.28M sh, better
NAV per share: SPTE $47.73; XLK $188.72
52W range

ETF.net Grade

Pillar letters and Scores for SPTE, XLK, with each pillar’s weight
Pillar	SPTE	XLK
Cost30% weight	C40	A98Higher
Mission25% weight	Not scored	A76
Risk15% weight	B62Higher	B61
Tradability15% weight	F20	A98Higher
Holdings10% weight	D39	C41Higher
Durability5% weight	D35	A82Higher

Rank among Technology (Broad) funds

How we build Categories ›

Same Category. SPTE and XLK are both graded against the same 23 Technology (Broad) funds, so their Grades compare head to head.

Technology (Broad)⁠

Category · 23 funds

See all 23 ›

XLK ranks 1st and SPTE 17th of 23 funds in the Technology (Broad) Category.

Rank 1AXLKState Street Technology Select Sector SPDR ETFScore 82
Rank 2AFTECFidelity MSCI Information Technology Index ETFScore 78
Rank 16CPTFInvesco Dorsey Wright Technology Momentum ETFScore 40
Rank 17DSPTESP Funds S&P Global Technology ETFScore 39
Rank 18DTTEQT. Rowe Price Technology ETFScore 31

Our read on each fund

ETF.net Research

SPTEDSP Funds S&P Global Technology ETF

XLKAState Street Technology Select Sector SPDR ETF

In short

SPTE A tech sector fund built to Shariah rules. SPTE tracks a capped global index of roughly 100 technology names screened against Islamic investment guidelines, and it pays monthly.

XLK A 1998 original: XLK owns the technology slice of the S&P 500, about 70 names, for eight basis points. Big, heavily traded, and top-heavy by design, with quarterly caps the only brake on the giants at the top.

Stated mandate

SPTE The Fund seeks to track, before fees and expenses, the S&P Global 1200 Shariah Information Technology Capped Index through passive indexing.

XLK The fund seeks to track the price and yield performance of the Technology Select Sector Index before expenses.

Why people hold it

SPTE The screen is the index, not an overlay: it tracks the S&P Global 1200 Shariah Information Technology Capped Index, so Shariah guidelines govern what gets in.
Global reach. Top-scoring rivals like XLK and RSPT carve up the S&P 500; SPTE's mandate spans technology worldwide.
A capped index caps concentration, so no single mega-cap can swell without limit, and the roughly 100-stock lineup stays a focused sector bet.
Income arrives monthly rather than on the usual quarterly sector-fund rhythm.

XLK Costs 0.08% a year against a roughly 0.40% median for broad tech funds, tying FTEC as the cheapest of the category's top-rated names and undercutting VGT's 0.09%.
One of the largest and most actively traded funds in the tech aisle, so entering or exiting rarely means fighting the order book.
Running since December 1998 and dead simple: the tech sector of the S&P 500, spanning software, semiconductors, hardware, communications equipment and IT services. Pays quarterly.ssga.com

Worth knowing

SPTE Conviction costs: 0.55% a year sits above the 0.40% typical for tech ETFs and far above index giants like XLK at 0.08% and VGT at 0.09%.
A screened, capped, global basket can behave quite differently from a plain US tech index. Different holdings, different ride.
Young (launched 2023) and mid-sized with moderate trading, so bid-ask costs weigh more here than at the heavily traded sector staples.

XLK Top-heavy by construction. About 70 stocks, and the index only trims its biggest weights at quarterly rebalances to stay inside fund diversification limits.spglobal.com
The universe is S&P 500 tech only. Smaller tech companies outside the big index are out, and the Select Sector funds split the S&P 500 up, so some familiar names sit in other sector funds.ssga.com
It is one sector with no ballast from the rest of the market, so a tech drawdown lands here in full.

Full SPTE profile⁠

Full XLK profile⁠

SPTE vs XLK Holdings

How SPTE and XLK differ

Overlap by weight

55.7%

Shared holdings make up 88.8% of XLK and 55.7% of SPTE.

Level by level

Holdings60 in both55.7%
Countryby domicile56.0%
Sector3 Sectors99.2%
Asset classEquity100%

Sector

Sector weights in SPTE and XLK, widest gap first
Sector	More in SPTEMore in XLK	SPTE	XLK
Industrials	SPTE +0.8 points	0.8%	0.0%
Technology	XLK +0.7 points	99.2%	99.9%
Energy	Same weight	0.1%	0.1%

Country, concentration and asset class

Country by domicile

Country weights in SPTE and XLK, widest gap first
Country	More in SPTEMore in XLK	SPTE	XLK
United States	XLK +43.9 points	55.5%	99.4%
Taiwan	SPTE +20.5 points	20.5%	0.0%
Japan	SPTE +8.9 points	8.9%	0.0%
Netherlands	SPTE +6.3 points	6.3%	0.0%
Germany	SPTE +3.0 points	3.0%	0.0%
Canada	SPTE +2.9 points	2.9%	0.0%
Sweden	SPTE +0.5 points	0.5%	0.0%
Other countries (8)	SPTE +1.8 points	2.4%	0.6%

Outside the US: SPTE 52% developed, 48% emerging.

Concentration

Weight in the 10 largest Holdings

SPTE64.5%
XLK64.6%

Securities held

SPTE106
XLK76

Asset class

SPTE: Equity
XLK: Equity

Holdings

Only in SPTE46
In both60
Only in XLK16

Only in SPTE

46 securities, 43.5% of SPTE by weight

Taiwan Semiconductor Manufacturing Co Ltd11.51%
ASML Holding NV5.63%
MediaTek Inc3.81%
Sap SE2.34%
Shopify Inc1.87%
Advantest Corp1.61%
Delta Electronics Inc1.56%
Tokyo Electron Ltd1.47%
ASE Technology Holding Co Ltd1.41%
Keyence Corp0.97%
Elite Material Co Ltd0.92%
Kioxia Holdings Corp0.88%
United Microelectronics Corp0.80%
Infineon Technologies AG0.73%
Murata Manufacturing Co Ltd0.72%
Xiaomi Corp0.57%
Constellation Software Inc/Canada0.51%
Nokia Oyj0.46%
ASM International NV0.40%
Fujitsu Ltd0.38%
Renesas Electronics Corp0.32%
Celestica Inc0.32%
Disco Corp0.32%
Telefonaktiebolaget LM Ericsson0.31%
TDK Corp0.30%
STMicroelectronics NV0.29%
Ibiden Co Ltd0.28%
FUJIFILM Holdings Corp0.28%
Kyocera Corp0.26%
Canon Inc0.24%
Hexagon AB0.22%
Dassault Systemes SE0.19%
Nomura Research Institute Ltd0.18%
Halma PLC0.17%
Lasertec Corp0.17%
CGI Inc0.16%
Sage Group PLC/The0.16%
SCREEN Holdings Co Ltd0.14%
Logitech International SA0.14%
Obic Co Ltd0.13%
BE Semiconductor Industries NV0.12%
Xero Ltd0.07%
Omron Corp0.07%
WiseTech Global Ltd0.06%
Temenos AG0.06%
Japanese Yen<0.01%

Only in XLK

16 securities, 11.2% of XLK by weight

Intel Corp2.68%
Palantir Technologies Inc A2.65%
Amphenol Corp Class A1.19%
Dell Technologies C0.84%
Western Digital Corp0.84%
Intuit Inc0.53%
Datadog Inc Class A0.52%
Motorola Solutions Inc0.48%
Hewlett Packard Enterprise0.46%
Keysight Technologies In0.33%
Teledyne Technologies Inc0.18%
Hp Inc0.17%
Super Micro Computer Inc0.11%
Gen Digital Inc0.09%
Akamai Technologies Inc0.08%
Xak Technology DEC26<0.01%

Weight gaps

All 60 Holdings in both funds, largest gap first.

Holding weights in SPTE and XLK, widest gap first
Holding	More in SPTEMore in XLK	SPTE	XLK
NVIDIA CorpNVDA	XLK +3.98 points	11.00%	14.98%
Apple IncAAPL	XLK +2.94 points	11.82%	14.76%
Advanced Micro Devices IncAMD	XLK +2.69 points	2.16%	4.85%
Microsoft CorpMSFT	XLK +1.87 points	9.54%	11.41%
Micron Technology IncMU	XLK +1.44 points	2.62%	4.06%
Cisco Systems IncCSCO	XLK +1.42 points	1.09%	2.51%
Applied Materials IncAMAT	XLK +1.15 points	0.81%	1.96%
Lam Research CorpLRCX	XLK +1.08 points	0.79%	1.87%
Palo Alto Networks IncPANW	XLK +1.04 points	0.78%	1.82%
Texas Instruments IncTXN	XLK +0.95 points	0.72%	1.67%
Crowdstrike Holdings IncCRWD	XLK +0.89 points	0.67%	1.56%
Oracle CorpORCL	XLK +0.83 points	0.59%	1.42%
International Business Machines CorpIBM	XLK +0.79 points	0.64%	1.43%
Kla CorpKLAC	XLK +0.74 points	0.54%	1.28%
Analog Devices IncADI	XLK +0.71 points	0.53%	1.24%
QUALCOMM IncQCOM	XLK +0.70 points	0.46%	1.16%
Sandisk CorpSNDK	XLK +0.70 points	0.44%	1.14%
Broadcom IncAVGO	XLK +0.69 points	4.07%	4.76%
Arista Networks IncANET	XLK +0.67 points	0.46%	1.13%
Marvell Technology IncMRVL	XLK +0.67 points	0.45%	1.12%
Salesforce IncCRM	XLK +0.62 points	0.49%	1.11%
Seagate Technology Holdings PLCSTX	XLK +0.56 points	0.37%	0.93%
Accenture PLCACN	XLK +0.47 points	0.42%	0.89%
ServiceNow IncNOW	XLK +0.38 points	0.29%	0.67%
Corning IncGLW	XLK +0.35 points	0.25%	0.60%
Synopsys IncSNPS	XLK +0.32 points	0.23%	0.55%
Cadence Design Systems IncCDNS	XLK +0.31 points	0.24%	0.55%
Adobe IncADBE	XLK +0.31 points	0.27%	0.58%
Fortinet IncFTNT	XLK +0.28 points	0.22%	0.50%
Lumentum Holdings IncLITE	XLK +0.28 points	0.20%	0.48%
NXP Semiconductors NVNXPI	XLK +0.22 points	0.17%	0.39%
TE Connectivity PLCTEL	XLK +0.21 points	0.17%	0.38%
Monolithic Power Systems IncMPWR	XLK +0.20 points	0.15%	0.35%
Coherent CorpCOHR	XLK +0.17 points	0.10%	0.27%
Ciena CorpCIEN	XLK +0.17 points	0.12%	0.29%
Everpure IncP	XLK +0.16 points	0.11%	0.27%
Teradyne IncTER	XLK +0.15 points	0.12%	0.27%
Microchip Technology IncMCHP	XLK +0.15 points	0.11%	0.26%
NetApp IncNTAP	XLK +0.14 points	0.11%	0.25%
Autodesk IncADSK	XLK +0.14 points	0.16%	0.30%
Roper Technologies IncROP	XLK +0.13 points	0.13%	0.26%
Workday IncWDAY	XLK +0.12 points	0.11%	0.23%
Flex LtdFLEX	XLK +0.12 points	0.08%	0.20%
Jabil IncJBL	XLK +0.11 points	0.07%	0.18%
ON Semiconductor CorpON	XLK +0.09 points	0.08%	0.17%
Skyworks Solutions IncSWKS	XLK +0.09 points	0.03%	0.12%
Qnity Electronics IncQ	XLK +0.09 points	0.06%	0.15%
VeriSign IncVRSN	XLK +0.09 points	0.06%	0.15%
F5 IncFFIV	XLK +0.08 points	0.04%	0.12%
Cognizant Technology Solutions CorpCTSH	XLK +0.08 points	0.09%	0.17%
CDW Corp/DECDW	XLK +0.07 points	0.05%	0.12%
PTC IncPTC	XLK +0.06 points	0.06%	0.12%
Zebra Technologies CorpZBRA	XLK +0.06 points	0.04%	0.10%
Twilio IncTWLO	XLK +0.07 points	0.08%	0.15%
First Solar IncFSLR	XLK +0.06 points	0.05%	0.11%
Trimble IncTRMB	XLK +0.05 points	0.04%	0.09%
Fair Isaac CorpFICO	XLK +0.05 points	0.04%	0.09%
Tyler Technologies IncTYL	XLK +0.04 points	0.04%	0.08%
Gartner IncIT	XLK +0.04 points	0.04%	0.08%
GoDaddy IncGDDY	XLK +0.04 points	0.04%	0.08%

All 100 SPTE holdings⁠All 75 XLK holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SPTE vs XLK Cost

Overpaying SPTE vs XLK

$9,215

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

SPTE 0.55%
$10,904
XLK 0.08%
$1,689

Amount$10,000

Years30 years

Cost over time

SPTE 0.55%
XLK 0.08%
Overpaying

Year by year

Year	SPTE	XLK	Overpaying
10	$988	$147	$841
20	$3,790	$575	$3,215
30	$10,904	$1,689	$9,215

Expense ratio

0.55%SPTE
0.08%XLK, cheaper

XLK0.08%SPTE0.55%

0.08%1.00%

Middle half of Technology (Broad) funds
Median 0.45%

XLK cheapest of 23 funds

SPTE 14th cheapest of 23 funds

SPTE vs XLK Dividends

Last 12 months to Oct 30, 2026

Yield (12M): SPTE 0.74%, better; XLK 0.47%
Payout (12M): SPTE $0.34; XLK $0.83
Last payment: SPTE $0.0065; XLK $0.22
Ex-dividend: SPTE Oct 27, 2026; XLK Sep 21, 2026
Paid on: SPTE Oct 28, 2026; XLK Sep 23, 2026
Frequency: SPTE Monthly; XLK Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

SPTEMonthly · 34 paymentsAll SPTE payments⁠

XLKQuarterly · 15 paymentsAll XLK payments⁠

SPTE vs XLK Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: SPTE 22.8%since Jan 2024XLK 23.6%
Return per unit of riskSharpe ratio, 3 years: SPTE 1.13since Jan 2024XLK 1.07
Worst fallMax drawdown, 5 years: SPTE −25.6%since Dec 2023XLK −33.6%
Market sensitivityBeta, 5 years: SPTE 1.57XLK 1.35; Market = 1

SPTE and XLK in the news

All news⁠

Closing Bell
S&P 500 falls 0.5% as tech losses outweigh oil’s 7% drop
7 hours agoXLK
Closing Bell
Chip woes drag Nazdaq, S&P 500 to worst day since June
Oct 30, 2026XLK
Closing Bell
Alphabet falls 12.6% - dragging SPY into negative territory for the day
Oct 29, 2026XLK
Closing Bell
Fed holds rates, stocks rise a third day as long yields climb
Oct 28, 2026XLK
Closing Bell
Boeing plummets 10.7%, but Chip stocks lift S&P 500 on Broadcom deal
Oct 27, 2026XLK
Closing Bell
Brazil ETF EWZ falls 19.8% as Lula win drives Ibovespa’s worst day since 2020
Oct 26, 2026XLK

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SPTE vs XLK

In short

Stated mandate

Why people hold it