Dividend comparison
XLK vs SOXQ: Which Is Better?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for State Street Technology Select Sector SPDR ETF and Invesco PHLX Semiconductor ETF, side by side. Updated October 21, 2026.
XLK vs SOXQ: key differences
The short answer, from the latest data on this page.
- Fees. XLK is cheaper at 0.08% a year versus 0.19% for SOXQ. On $10,000 that is $11 a year less in fees.
- Income. XLK pays more income, yielding 0.45% over the last twelve months versus 0.33% for SOXQ. That is about $12 more a year on $10,000. XLK pays annual, SOXQ pays quarterly.
- Performance. Over the last 5 years, SOXQ returned 246.6% versus 142.8% for XLK, with dividends reinvested. $10,000 would have grown to $34,662 in SOXQ and $24,275 in XLK.
- Risk. SOXQ has been the bumpier ride. Its worst peak-to-trough decline over the last 5 years was -46.0%, against -33.6% for XLK.
- Diversification. XLK holds 75 positions and SOXQ holds 31. The ten largest positions make up 65.2% of XLK and 59.4% of SOXQ.
- Overlap. 40% of the two portfolios overlap by weight, across 20 shared holdings.
- Dividend growth. XLK grew its yearly payout 8.7% a year over the last 3 years, versus 1.1% for SOXQ.
- Size. XLK is the larger fund with $120.7 billion in assets, against $2.9 billion for SOXQ.
Bottom line: XLK fits better if you care most about lower fees, smaller drawdowns, faster dividend growth and broader diversification. SOXQ fits better if you care most about stronger 5-year returns.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | XLK State Street Technology Select Sector SPDR ETF | SOXQ Invesco PHLX Semiconductor ETF |
|---|---|---|
| Dividend yield (TTM) | 0.45% | 0.33% |
| Dividend / share (TTM) | $0.83 | $0.29 |
| Payout frequency | Annual | Quarterly |
| Last dividend | $0.2207 on Sep 23, 2026 | $0.0845 on Sep 25, 2026 |
| Ex-dividend date | Sep 21, 2026 | Sep 21, 2026 |
| Dividend growth (CAGR) | 8.7% over 4 yrs | 1.1% over 3 yrs |
| Price | $185.44 | $88.77 |
| Dividend growth streak | 4 years | 1 year |
| Beta | 1.35 | 2.19 |
| Max drawdown (5Y) | -33.6% | -46.0% |
| Market cap | $120.98B | $2.81B |
| Exchange | AMEX | NASDAQ |
| Expense ratio | 0.08% | 0.19% |
| Assets under management | $120.70B | $2.89B |
| Number of holdings | 75 | 31 |
| Top 10 concentration | 65.2% | 59.4% |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
XLK
$3.75/mo
$45 /yr at 0.45% yield
SOXQ
$2.76/mo
$33 /yr at 0.33% yield
Dividend history
Total dividends paid per share in each calendar year. XLK pays annual; SOXQ pays quarterly.
| Year | XLK | SOXQ |
|---|---|---|
| 2025 | $0.7840 | $0.2795 |
| 2024 | $0.7617 | $0.2666 |
| 2023 | $0.7297 | $0.2863 |
| 2022 | $0.6453 | $0.2707 |
| 2021 | $0.5613 | — |
Strategy: Sector and thematic
Funds that hold a single industry or theme, such as technology, semiconductors, healthcare or energy. Funds covering the same sector can still differ in concentration rules: some cap the largest positions while others let the biggest companies take a quarter of the fund. Sector funds are usually used to tilt a portfolio rather than as its core.
A single sector can fall far further than the broad market and stay down for years, and the largest names often dominate the fund.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $24,275 in XLK and $34,662 in SOXQ.
| Period | XLK | SOXQ |
|---|---|---|
| 1 month | -2.08% | -5.34% |
| 3 months | 5.66% | -3.36% |
| Year to date | 29.27% | 59.17% |
| 1 year | 29.34% | 63.87% |
| 3 years | 130.27% | 244.60% |
| 5 years | 142.75% | 246.62% |
- XLK
- SOXQ
Both series indexed to 100 on 2021-10-20 using the adjusted closing price series. Past performance does not guarantee future results.
Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
- XLK
- SOXQ
XLK vs SOXQ holdings overlap
40% overlap by weight, with 20 holdings in common. Overlap adds up the smaller of the two weights for every stock both funds own, so 100% would mean identical portfolios.
| Largest shared holdings | XLK weight | SOXQ weight |
|---|---|---|
| NVDANVIDIA CORP | 15.45% | 12.07% |
| AVGOBROADCOM INC | 4.66% | 9.20% |
| AMDADVANCED MICRO DEVICES | 4.66% | 4.66% |
| MUMICRON TECHNOLOGY INC | 3.92% | 7.60% |
| INTCINTEL CORP | 2.69% | 4.16% |
| LRCXLAM RESEARCH CORP | 1.99% | 3.63% |
| AMATAPPLIED MATERIALS INC | 1.96% | 3.70% |
| TXNTEXAS INSTRUMENTS INC | 1.52% | 4.39% |
| KLACKLA CORP | 1.31% | 3.92% |
| MRVLMARVELL TECHNOLOGY INC | 1.20% | 4.46% |
Quick verdict
XLK fits better if you care most about lower fees, smaller drawdowns, faster dividend growth and broader diversification. SOXQ fits better if you care most about stronger 5-year returns. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
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Frequently asked questions
Is XLK or SOXQ better for dividend income?
It depends on your goals. XLK currently yields 0.45% Trailing Twelve Months (TTM) while SOXQ yields 0.33%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between XLK and SOXQ?
State Street Technology Select Sector SPDR ETF (XLK) is an ETF listed on AMEX. Invesco PHLX Semiconductor ETF (SOXQ) is an ETF listed on NASDAQ. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, XLK or SOXQ?
XLK has the lower expense ratio. XLK charges 0.08% a year and SOXQ charges 0.19%, a difference of $11 a year on a $10,000 investment.
Which has performed better, XLK or SOXQ?
Over the last 5 years, SOXQ has the higher total return with dividends reinvested: XLK returned 142.8% and SOXQ returned 246.6%. Past performance does not predict future returns.
Which is riskier, XLK or SOXQ?
Measured by the worst peak-to-trough decline over the last five years, SOXQ has been riskier: XLK fell as much as 33.6% and SOXQ as much as 46.0%. Their betas are 1.35 and 2.19.
How much do XLK and SOXQ overlap?
About 40% of the two portfolios overlap by weight, across 20 shared holdings. The largest shared positions are NVDA, AVGO, AMD. Holding both still adds meaningful diversification.
How often do XLK and SOXQ pay dividends?
XLK pays annual and SOXQ pays quarterly.
How much income does $10,000 in XLK vs SOXQ generate?
At current TTM yields, $10,000 in XLK would generate roughly $3.75 per month ($45 annually). The same amount in SOXQ would produce about $2.76 per month ($33 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both XLK and SOXQ?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare XLK vs SOXQ with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how XLK and SOXQ fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.
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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.