VGT vs XNTK: Grades, Fees and Holdings Compared

Vanguard Information Technology ETF

VGTANYSE Arca

State Street SPDR NYSE Technology ETF

XNTKBNYSE Arca

Overlap

35.3%by weight

Expense ratio

VGT −0.26pt a year

VGT0.09%XNTK0.35%

Avg volume · 30D

VGT 74.4×the volume

VGT4.23MXNTK56.8K

10Y return · a year

VGT +1.3pt

VGT+23.8%XNTK+22.5%

VGT vs XNTK Performance

Nov 2, 2021 – Nov 2, 2026

+114.9%VGT+96.3%XNTK

Expense ratio: VGT 0.09%, better; XNTK 0.35%
Fund size: VGT $178B; XNTK $1.9B
1Y total return: VGT +15.3%, better; XNTK +11.1%
Yield (12M): VGT 0.42%, better; XNTK 0.16%
Holdings: VGT 324; XNTK 36
Avg volume (30D): VGT 4.23M sh, better; XNTK 56.8K sh
NAV per share: VGT $116.95; XNTK $355.34
52W range

ETF.net Grade

Pillar letters and Scores for VGT, XNTK, with each pillar’s weight
Pillar	VGT	XNTK
Cost30% weight	A92Higher	A77
Mission25% weight	A84	Not scored
Risk15% weight	B60Higher	D36
Tradability15% weight	B57	B63Higher
Holdings10% weight	C41	B68Higher
Durability5% weight	A93Higher	A70

Rank among Technology (Broad) funds

How we build Categories ›

Same Category. VGT and XNTK 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 ›

VGT ranks 3rd and XNTK 5th 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 3AVGTVanguard Information Technology ETFScore 71
Rank 4BRSPTInvesco S&P 500 Equal Weight Technology ETFScore 68
Rank 5BIYWiShares U.S. Technology ETFScore 64
Rank 5BXNTKState Street SPDR NYSE Technology ETFScore 64
Rank 8BPSCTInvesco S&P SmallCap Information Technology ETFScore 61

Our read on each fund

ETF.net Research

VGTAVanguard Information Technology ETF

XNTKBState Street SPDR NYSE Technology ETF

In short

VGT Vanguard's technology sleeve, indexed since 2004: roughly 300 US tech stocks running from megacap giants down to small caps, for 0.09% a year. Broad coverage of the sector rather than just its household names.

XNTK A tech fund born in 2000 that ignores the cap-weighted script: about 35 names, equal-weighted at each annual rebalance, with tech-flavored consumer discretionary stocks allowed in alongside classic IT.

Stated mandate

VGT The fund seeks to track an index measuring the investment return of information technology stocks. It uses an indexing approach for large-, mid-, and small-capitalization U.S. technology companies and normally invests at least 80% of assets in target-index stocks.

XNTK The fund seeks to track, before fees and expenses, the total return of the NYSE Technology Index, which consists of 35 leading US-listed technology-related companies.

Why people hold it

VGT Casts a wide net: about 300 US technology stocks across large, mid and small caps, not just the megacap names everyone already knows.vanguard.com
Charges 0.09% a year, roughly a quarter of what the typical technology sector ETF asks.
One of the largest and most actively traded sector funds around, and it has followed its index closely.
Running since 2004 and among the strongest implementations in its technology peer group. Pays quarterly.

XNTK Equal-weighted at the annual rebalance, so the mega-caps start with the same slice as everyone else in the roughly 35-stock basket.ssga.com
Its index reaches past the strict tech box into tech-related consumer discretionary names, catching internet and e-commerce businesses that pure IT funds screen out.ssga.com
0.35% expense ratio, under the median fee in its broad-tech peer group, and it has been trading since 2000 as a multi-billion-dollar SPDR with quarterly distributions.

Worth knowing

VGT Weighted by market value, so the biggest platform companies drive most of the return. The small caps are along for the ride.
One sector, one country: US technology only, which means bigger swings than a total market fund.
If the last basis point matters, XLK and FTEC list at 0.08%.

XNTK About 40 holdings. One stumbling name lands harder here than in a 300-stock tech index.
Weights reset once a year, so winners drift to outsized slices between rebalances. Equal weight is a starting point, not a constant.ssga.com
The big cap-weighted rivals (VGT, XLK, FTEC) charge less and trade more heavily, which can mean tighter spreads for large orders.

Full VGT profile⁠

Full XNTK profile⁠

VGT vs XNTK Holdings

How VGT and XNTK differ

Overlap by weight

35.3%

Shared holdings make up 75.2% of XNTK and 73.9% of VGT.

Level by level

Holdings23 in both35.3%
Sector7 Sectors86.0%
Countryby domicile89.5%
Asset classEquity100%

Sector

Sector weights in VGT and XNTK, widest gap first
Sector	More in VGTMore in XNTK	VGT	XNTK
Technology	VGT +13.3 points	99.3%	86.0%
Communication	XNTK +7.1 points	0.0%	7.1%
Consumer Discretionary	XNTK +6.8 points	0.1%	6.9%
Financials	VGT +0.3 points	0.3%	0.0%
Industrials	VGT +0.3 points	0.3%	0.0%
Materials	Same weight	0.0%	0.0%
Health Care	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in VGT and XNTK, widest gap first
Country	More in VGTMore in XNTK	VGT	XNTK
United States	VGT +10.5 points	100.0%	89.5%
Netherlands	XNTK +3.5 points	0.0%	3.5%
Taiwan	XNTK +3.3 points	0.0%	3.3%
Canada	XNTK +2.3 points	0.0%	2.3%
China	XNTK +1.4 points	0.0%	1.4%

Concentration

Weight in the 10 largest Holdings

VGT63.6%
XNTK48.3%

Securities held

VGT321
XNTK35

Asset class

VGT: Equity
XNTK: Equity

Holdings

Only in VGT298
In both23
Only in XNTK12

Only in VGT

298 securities, 26.0% of VGT by weight

Palo Alto Networks Inc1.24%
KLA Corp0.98%
Sandisk Corp0.97%
Seagate Technology Holdings PLC0.79%
Analog Devices Inc0.75%
Dell Technologies Inc0.65%
Western Digital Corp0.61%
Corning Inc0.49%
Fortinet Inc0.46%
Snowflake Inc0.45%
Accenture PLC0.45%
Cloudflare Inc0.45%
Cadence Design Systems Inc0.38%
Hewlett Packard Enterprise Co0.36%
Datadog Inc0.36%
Synopsys Inc0.33%
Motorola Solutions Inc0.31%
Lumentum Holdings Inc0.30%
Keysight Technologies Inc0.27%
Teradyne Inc0.27%
Monolithic Power Systems Inc0.27%
TE Connectivity PLC0.27%
NXP Semiconductors NV0.26%
Astera Labs Inc0.23%
Ciena Corp0.21%
Twilio Inc0.21%
Coherent Corp0.21%
Everpure Inc0.20%
Autodesk Inc0.20%
NetApp Inc0.19%
Microchip Technology Inc0.19%
Okta Inc0.19%
Flex Ltd0.19%
Workday Inc0.18%
SLBBH11420.18%
Roper Technologies Inc0.16%
Strategy Inc0.16%
Credo Technology Group Holding Ltd0.15%
HP Inc0.15%
Atlassian Corp0.15%
Jabil Inc0.15%
ON Semiconductor Corp0.14%
Teledyne Technologies Inc0.14%
F5 Inc0.14%
Cognizant Technology Solutions Corp0.14%
Qnity Electronics Inc0.13%
MongoDB Inc0.13%
Super Micro Computer Inc0.13%
Entegris Inc0.13%
VeriSign Inc0.13%

Only in XNTK

12 securities, 24.7% of XNTK by weight

Asml Holding NV Ny Reg Shs3.46%
Taiwan Semiconductor Sp Adr3.30%
Amazon.com Inc2.41%
Shopify Inc Class A2.27%
Meta Platforms Inc Class A2.17%
Alphabet Inc Class A2.05%
Tesla Inc1.96%
Uber Technologies Inc1.73%
Booking Holdings Inc1.59%
Netflix Inc1.46%
Alibaba Group Holding Sp Adr1.43%
Applovin Corp Class A0.85%

Weight gaps

All 23 Holdings in both funds, largest gap first.

Holding weights in VGT and XNTK, widest gap first
Holding	More in VGTMore in XNTK	VGT	XNTK
NVIDIA CorpNVDA	VGT +14.85 points	17.58%	2.73%
Apple IncAAPL	VGT +13.11 points	15.91%	2.80%
Microsoft CorpMSFT	VGT +8.68 points	11.16%	2.48%
Marvell Technology IncMRVL	XNTK +4.90 points	0.88%	5.78%
Micron Technology IncMU	XNTK +4.21 points	4.45%	8.66%
Crowdstrike Holdings IncCRWD	XNTK +3.60 points	1.02%	4.62%
Intel CorpINTC	XNTK +3.46 points	1.98%	5.44%
Texas Instruments IncTXN	XNTK +2.90 points	0.98%	3.88%
Arista Networks IncANET	XNTK +2.45 points	0.85%	3.30%
Advanced Micro Devices IncAMD	XNTK +2.34 points	3.67%	6.01%
Applied Materials IncAMAT	XNTK +2.11 points	1.53%	3.64%
Amphenol CorpAPH	XNTK +2.04 points	0.80%	2.84%
Lam Research CorpLRCX	XNTK +1.99 points	1.55%	3.54%
Broadcom IncAVGO	VGT +1.97 points	4.11%	2.14%
QUALCOMM IncQCOM	XNTK +1.56 points	0.76%	2.32%
Cisco Systems IncCSCO	XNTK +1.52 points	1.60%	3.12%
Salesforce IncCRM	XNTK +1.25 points	0.72%	1.97%
Adobe IncADBE	XNTK +1.17 points	0.39%	1.56%
International Business Machines CorpIBM	XNTK +1.10 points	0.77%	1.87%
ServiceNow IncNOW	XNTK +0.88 points	0.54%	1.42%
Palantir Technologies IncPLTR	XNTK +0.84 points	1.55%	2.39%
Intuit IncINTU	XNTK +0.80 points	0.30%	1.10%
Oracle CorpORCL	XNTK +0.79 points	0.85%	1.64%

All 310 VGT holdings⁠All 35 XNTK 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.

VGT vs XNTK Cost

Overpaying XNTK vs VGT

$5,228

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

VGT 0.09%
$1,898
XNTK 0.35%
$7,126

Amount$10,000

Years30 years

Cost over time

VGT 0.09%
XNTK 0.35%
Overpaying

Year by year

Year	VGT	XNTK	Overpaying
10	$165	$634	$469
20	$646	$2,454	$1,808
30	$1,898	$7,126	$5,228

Expense ratio

0.09%VGT, cheaper
0.35%XNTK

VGT0.09%XNTK0.35%

0.08%1.00%

Middle half of Technology (Broad) funds
Median 0.45%

VGT 3rd cheapest of 23 funds

XNTK 5th cheapest of 23 funds

VGT vs XNTK Dividends

Last 12 months to Nov 2, 2026

Yield (12M): VGT 0.42%, better; XNTK 0.16%
Payout (12M): VGT $0.47; XNTK $0.53
Last payment: VGT $0.15; XNTK $0.08
Ex-dividend: VGT Sep 23, 2026; XNTK Sep 21, 2026
Paid on: VGT Sep 25, 2026; XNTK Sep 23, 2026
Frequency: VGT Quarterly; XNTK Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

VGTQuarterly · 39 paymentsAll VGT payments⁠

XNTKQuarterly · 39 paymentsAll XNTK payments⁠

VGT vs XNTK Risk

Fall from peak · 5 years

VGT
XNTK

Risk facts

VolatilityStd dev, 3 years: VGT 22.2%, betterXNTK 27.0%
Return per unit of riskSharpe ratio, 3 years: VGT 1.19, betterXNTK 1.12
Worst fallMax drawdown, 5 years: VGT −35.1%, betterXNTK −48.3%
Market sensitivityBeta, 5 years: VGT 1.35XNTK 1.62; Market = 1

VGT and XNTK in the news

All news⁠

Category Review
Equal-weight technology beat the biggest tech funds this year
Updated Oct 26, 2026VGT
Head-to-Head
QQQ vs. VGT: choose VGT for technology, QQQ for the Nasdaq-100
Oct 23, 2026VGT
New ETFs
XFUNDS Technology Income ETF is 99.1% the Vanguard Information Technology ETF
Oct 12, 2026VGT
Head-to-Head
Vanguard Information Technology ETF holds NVIDIA, Apple and Microsoft at twice the weight of Invesco QQQ Trust, Series 1
Oct 10, 2026VGT
Sector Pulse
Materials led the sectors, pulled by Vylor and two steelmakers
Oct 5, 2026VGT
Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
Oct 4, 2026VGT

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