VS

Correlation: 95.6%

What is XLK?

XLK was created on 1998-12-16 by SPDR. The fund's investment portfolio concentrates primarily on information technology equity. XLK tracks an index of S&P 500 technology stocks.

What is SCHG?

SCHG was created on 2009-12-11 by Schwab. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 34838.91m in AUM and 226 holdings. SCHG tracks the Dow Jones U.S. Large-Cap Growth Total Stock Market Index", which selects growth stocks from 750 of the largest U.S. companies by market cap.

Key Details

XLK
SCHG
Website
www.sectorspdr.com
www.schwabassetmanagement.com
Inception Date

Dec 16, 1998

Dec 11, 2009

Asset Class

Equity

Equity

Investment Segment

Information Technology

Large Cap

AUM
$56.64B
$31.70B
Dividend Yield
0.86%
0.50%
Expense Ratio
0.09%
0.04%
Return 1Y
-11.59%
-2.64%

Holdings

Technology Select Sector SPDR ETF - XLK is made up of 70 holdings. Schwab U.S. Large Cap Growth ETF - SCHG is made up of 225 holdings.

Name
Weight
M
MSFTMicrosoft Corp.

14.16%

A
AAPLApple, Inc.

13.91%

N
NVDANVIDIA Corp.

12.67%

A
AVGOBroadcom Inc.

4.25%

C
CRMSalesforce, Inc.

3.26%

C
CSCOCisco Systems, Inc.

2.96%

I
IBMInternational Business Machines Corp.

2.86%

O
ORCLOracle Corp.

2.82%

A
ACNAccenture Plc

2.46%

P
PLTRPalantir Technologies, Inc.

2.21%

I
INTUIntuit, Inc.

2.13%

N
NOWServiceNow, Inc.

2.09%

A
ADBEAdobe, Inc.

2.07%

Q
QCOMQUALCOMM, Inc.

1.93%

T
TXNTexas Instruments Incorporated

1.86%

A
AMDAdvanced Micro Devices, Inc.

1.77%

A
AMATApplied Materials, Inc.

1.46%

P
PANWPalo Alto Networks, Inc.

1.41%

A
ADIAnalog Devices, Inc.

1.15%

C
CRWDCrowdStrike Holdings, Inc.

1.12%

K
KLACKLA Corp.

1.11%

I
INTCIntel Corp.

1.1%

L
LRCXLam Research Corp.

1.08%

M
MUMicron Technology, Inc.

1.02%

A
APHAmphenol Corp.

1.02%

A
ANETArista Networks, Inc.

1%

M
MSIMotorola Solutions, Inc.

0.92%

C
CDNSCadence Design Systems, Inc.

0.89%

S
SNPSSynopsys, Inc.

0.82%

F
FTNTFortinet, Inc.

0.78%

Strategies that include

Create your own
strategy with

XLK
Three dimensional double logo

Stock Correlation

The stocks that are correlated to XLK - Technology Select Sector SPDR ETF are NVDA, KLAC, QCOM, LRCX, AMAT

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
N
NVDANVIDIA Corp.
82.19%$2.35T+12.82%0.04%
K
KLACKLA Corp.
79.84%$79.67B-13.97%1.04%
Q
QCOMQUALCOMM, Inc.
79.59%$137.87B-29.00%2.70%
L
LRCXLam Research Corp.
79.37%$77.34B-38.10%7.81%
A
AMATApplied Materials, Inc.
78.83%$104.77B-38.71%1.23%
M
MKSIMKS Instruments, Inc.
78.21%$3.96B-54.59%1.50%
S
SNPSSynopsys, Inc.
77.80%$59.00B-32.94%0.00%
A
APHAmphenol Corp.
77.77%$72.79B+4.49%1.01%
R
RMBSRambus, Inc.
77.49%$4.61B-30.24%0.00%
M
MPWRMonolithic Power Systems, Inc.
75.88%$21.79B-33.27%1.15%
A
ANETArista Networks, Inc.
75.80%$87.65B-5.68%0.00%
E
ENTGEntegris, Inc.
75.74%$9.52B-54.78%0.62%
T
TSMTaiwan Semiconductor Manufacturing Co., Ltd.
75.08%$733.13B-2.77%1.75%
C
CDNSCadence Design Systems, Inc.
75.05%$63.54B-25.62%0.00%
A
ASXASE Technology Holding Co., Ltd.
74.96%$16.11B-33.21%4.51%
E
ETNEaton Corp. Plc
74.82%$98.53B-19.87%1.54%
A
AEISAdvanced Energy Industries, Inc.
74.14%$3.02B-20.43%0.50%
A
ANSSANSYS, Inc.
73.87%$24.97B-17.32%0.00%
A
ARMArm Holdings Plc
73.58%$90.45B-32.32%0.00%
M
MTSIMACOM Technology Solutions Holdings, Inc.
73.29%$6.52B-14.73%0.00%

The stocks that are correlated to SCHG - Schwab U.S. Large Cap Growth ETF are AMZN, MSFT, NVDA, SNPS, APH

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
A
AMZNAmazon.com, Inc.
77.18%$1.81T-8.08%0.00%
M
MSFTMicrosoft Corp.
77.16%$2.64T-16.82%0.89%
N
NVDANVIDIA Corp.
76.70%$2.35T+12.82%0.04%
S
SNPSSynopsys, Inc.
75.69%$59.00B-32.94%0.00%
A
APHAmphenol Corp.
73.60%$72.79B+4.49%1.01%
A
ANSSANSYS, Inc.
72.95%$24.97B-17.32%0.00%
M
MKSIMKS Instruments, Inc.
72.76%$3.96B-54.59%1.50%
Q
QCOMQUALCOMM, Inc.
72.37%$137.87B-29.00%2.70%
E
ETNEaton Corp. Plc
72.32%$98.53B-19.87%1.54%
C
CDNSCadence Design Systems, Inc.
71.81%$63.54B-25.62%0.00%
L
LRCXLam Research Corp.
71.53%$77.34B-38.10%7.81%
K
KLACKLA Corp.
71.39%$79.67B-13.97%1.04%
A
ANETArista Networks, Inc.
70.81%$87.65B-5.68%0.00%
M
MTSIMACOM Technology Solutions Holdings, Inc.
70.74%$6.52B-14.73%0.00%
E
ENTGEntegris, Inc.
70.53%$9.52B-54.78%0.62%
R
RMBSRambus, Inc.
70.44%$4.61B-30.24%0.00%
A
ARMArm Holdings Plc
69.93%$90.45B-32.32%0.00%
M
MRVLMarvell Technology, Inc.
69.84%$43.33B-31.78%0.48%
A
AMATApplied Materials, Inc.
69.80%$104.77B-38.71%1.23%
A
AEISAdvanced Energy Industries, Inc.
69.66%$3.02B-20.43%0.50%

ETF Correlation

The ETFs that are correlated to XLK - Technology Select Sector SPDR ETF are VGT, FTEC, IXN, IYW, IGM

Name
Correlation
AUM
Expense Ratio
V
VGTVanguard Information Technology ETF
99.06%$67.11B0.09%
F
FTECFidelity MSCI Information Technology Index ETF
99.03%$10.08B0.084%
I
IXNiShares Global Tech ETF
98.87%$3.91B0.41%
I
IYWiShares U.S. Technology ETF
98.68%$15.59B0.39%
I
IGMiShares Expanded Tech Sector ETF
97.63%$4.71B0.41%
Q
QQQMTraded Fund Trust II Invesco NASDAQ 100 ETF
96.86%$36.07B0.15%
Q
QQQInvesco QQQ Trust Series 1
96.85%$265.01B0.2%
Q
QGRWWisdomTree U.S. Quality Growth Fund
96.44%$788.05M0.28%
I
IVWiShares S&P 500 Growth ETF
96.33%$45.72B0.18%
I
ILCGiShares Morningstar Growth ETF
96.31%$1.99B0.04%
S
SPYGSPDR Portfolio S&P 500 Growth ETF
96.27%$27.35B0.04%
V
VOOGVanguard S&P 500 Growth ETF
96.19%$13.13B0.07%
I
IUSGiShares Core S&P U.S.Growth ETF
96.09%$17.68B0.04%
V
VONGVanguard Russell 1000 Growth Index ETF
95.95%$22.19B0.07%
I
IWFiShares Russell 1000 Growth ETF
95.92%$86.76B0.19%
I
IWYiShares Russell Top 200 Growth ETF
95.83%$10.62B0.2%
S
SPUSSP Funds S&P 500 Sharia Industry Exclusions ETF
95.82%$996.42M0.45%
O
ONEQFidelity Nasdaq Composite Index ETF
95.70%$6.08B0.21%
S
SFYSoFi Select 500 ETF
95.69%$893.06M0.05%
J
JGROTraded Fund Trust JPMorgan Active Growth ETF
95.64%$4.38B0.44%

The ETFs that are correlated to SCHG - Schwab U.S. Large Cap Growth ETF are VONG, VUG, IWF, MGK, SPYG

Name
Correlation
AUM
Expense Ratio
V
VONGVanguard Russell 1000 Growth Index ETF
99.70%$22.19B0.07%
V
VUGVanguard Growth ETF
99.70%$131.35B0.04%
I
IWFiShares Russell 1000 Growth ETF
99.70%$86.76B0.19%
M
MGKVanguard Mega Cap Growth ETF
99.51%$20.27B0.07%
S
SPYGSPDR Portfolio S&P 500 Growth ETF
99.50%$27.35B0.04%
I
IVWiShares S&P 500 Growth ETF
99.49%$45.72B0.18%
I
ILCGiShares Morningstar Growth ETF
99.49%$1.99B0.04%
I
IWYiShares Russell Top 200 Growth ETF
99.48%$10.62B0.2%
I
IUSGiShares Core S&P U.S.Growth ETF
99.41%$17.68B0.04%
V
VOOGVanguard S&P 500 Growth ETF
99.38%$13.13B0.07%
Q
QGRWWisdomTree U.S. Quality Growth Fund
99.28%$788.05M0.28%
T
TCHPT. Rowe Price Blue Chip Growth ETF
99.04%$961.76M0.57%
O
ONEQFidelity Nasdaq Composite Index ETF
99.02%$6.08B0.21%
T
TMFCMotley Fool 100 Index ETF
98.99%$1.06B0.5%
J
JGROTraded Fund Trust JPMorgan Active Growth ETF
98.97%$4.38B0.44%
X
XLGInvesco S&P 500 Top 50 ETF
98.92%$7.15B0.2%
Q
QQQInvesco QQQ Trust Series 1
98.77%$265.01B0.2%
Q
QQQMTraded Fund Trust II Invesco NASDAQ 100 ETF
98.74%$36.07B0.15%
S
SPUSSP Funds S&P 500 Sharia Industry Exclusions ETF
98.47%$996.42M0.45%
W
WINNHarbor Long Term Growers ETF
98.46%$629.28M0.57%

Holding Overlap

XLK - Technology Select Sector SPDR ETF and SCHG - Schwab U.S. Large Cap Growth ETF have a 35 holding overlap. Which accounts for a 42.2% overlap.

Number of overlapping holdings

35

% of overlapping holdings

42.18%

Name
Weight in XLK
Weight in SCHG
M
MSFTMicrosoft Corporation
14.16%9.90%
A
AAPLApple Inc
13.91%10.14%
N
NVDANVIDIA Corp
12.67%8.90%
A
AVGOBroadcom Inc
4.25%3.28%
C
CRMSalesforce Inc
3.26%1.06%
A
ACNAccenture plc - Ordinary Shares - Class A
2.46%0.81%
P
PLTRPalantir Technologies Inc - Ordinary Shares - Class A
2.21%0.73%
I
INTUIntuit Inc
2.13%0.71%
N
NOWServiceNow Inc
2.09%0.69%
A
ADBEAdobe Inc
2.07%0.67%

News

SeekingAlpha

While the tariff introduction was telegraphed well ahead of time, the scope and scale of the tariffs surprised financial markets.

SeekingAlpha

How I Am Playing The 'Trumpcession': Tech Funds (Like XLK), Stock Picking And Bitcoin

SeekingAlpha

Trade War, Or Will Cooler Heads Prevail?

SeekingAlpha

Trump's tariffs and economic policies increased market volatility, making dividend investing more attractive. Check out two stocks that offer attractive valuations.

SeekingAlpha

QQQ: Look Past The Tariff Damage As Investors Aren't Foolish

SeekingAlpha

BlackRock Science and Technology Trust, a tech-focused CEF, faces challenges amid market volatility and high valuations. See more on BST CEF here.

SeekingAlpha

JGRW is a low-volatility, tech-focused large-cap ETF with strong ROE criteria. Is it the right investment for your portfolio? Read more about the ETF here.

SeekingAlpha

SPYG: Fear Presents A Great Buying Opportunity

SeekingAlpha

Vanguard Mega Cap Growth Index Fund ETF is a top pick for high-growth AI and tech exposure. MGK focuses on a smaller number of high-growth tech stocks. See more here.

SeekingAlpha

Economic uncertainty is rising. Click here to read two ETFs investors should consider during heightened uncertainty.

SeekingAlpha

SCHG and VUG ETFs are top choices amid AI spending is expected to grow significantly, with higher valuations. Click here for a detailed analysis.

SeekingAlpha

Schwab U.S. Large-Cap Growth ETF delivers 828% return since 2009. Learn why SCHG offers a growth-focused strategy to outperform in changing market conditions.

Disclaimer

Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.

Zero expense ratio
index investing

Company

Resources

Popular ETFs

ETF Comparisons

© Double Finance, 2024

Double is a registered investment adviser with the US Securities and Exchange Commission (SEC). While such registration does not imply a certain level of skill, it does require us to follow federal regulations that protect you, the investor. By law, we must provide investment advice that is in the best interest of our client. Please refer to Double's Form CRS for important additional information.

The publicly available portions of the Platform (i.e., the sections of the Platform that are available to individuals who are not party to a Client Agreement - including double.finance) are provided for educational purposes only and are not intended to provide legal, tax, or financial planning advice. To the extent that any of the content published on publicly available portions of the Platform may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. Nothing on the publicly available portions of the Platform should be construed as a solicitation or offer, or recommendation, to buy or sell any security. All charts, figures, and graphs on the publicly available websites are for illustrative purposes only. Before investing, you should consider whether any investment, investment strategy, security, other asset, or related transaction is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance. You are also encouraged to consult your legal, tax, or investment professional regarding your specific situation. Registration does not imply a certain level of skill or training.

Investing involves risk. The value of your investment will fluctuate, and you may gain or lose money.

The contents of the Platform may contain forward-looking statements that are based on management's beliefs, assumptions, current expectations, estimates, and projections about the financial industry, the economy, or Global Predictions itself. Forward-looking statements are not guarantees of the underlying expected actions or future performance and future results may differ significantly from those anticipated by the forward-looking statements. Therefore, actual results and outcomes may materially differ from what may be expressed or forecasted in such forward-looking statements.

¹ Data as of July 2024.

² Availability of tax loss harvesting depends on portfolio diversity.

³ As of November 8, 2024. The optional Cash Sweep program takes the cash sitting in your brokerage account and moves it to an FDIC-insured interest-earning deposit account. The current yield is 1.0%, rates subject to change at any time. The cash sweep program is made available in coordination with Apex Clearing Corporation. Please read the Important Disclosures for more information.

⁴ This analysis calculator tool is for illustrative purposes only and is not financial advice. We do not guarantee the accuracy of the results or their relevance to your particular circumstances. This calculator uses hypothetical historical data and does not take into account the effect of taxes on a taxable account. Hypothetical historical data is no guarantee of future performance and this calculator is not intended to predict actual performance. The input of different time periods, amounts, and fees will vary calculator results. Average ETF fee is based on the AUM weighted average of US ETFs as of September 2024, see more information. Note that you can purchase ETFs through Double, which may incur additional fees.

Full pricing details along with an FAQ can be found here

Data displayed in charts and graphics above are for illustrative purposes only and do not reflect actual investment results and are not a guarantee of future results.

By using double.finance, you accept our and . Double is only available to US residents.

See Double Finance Form ADV Part IIA for additional information. Double does not guarantee that the results of its advice, recommendations, or the objectives of its direct index or cash management strategies will be achieved. We make no assurance that the investment process will consistently lead to successful investing. Before you invest, you should carefully review and consider your investment objectives as well as the risks, charges, and expenses of the underlying securities. There is at least a $1,000 account minimum required to participate in Double's strategies, although some strategies may have higher minimums.

Double does not provide tax, or legal advice. Double's website, brokerage, and advisory services are not intended for persons of any jurisdiction where Double is not authorized to do business. Tax savings will vary from client to client due to many factors including market conditions, tax characteristics of securities, client-imposed investment restrictions, client tax rate or status, and changes in tax regulations.

0% Expense Ratios with TLH

We offer over 50 indexes with zero expense ratios.

Registration will take about 10 seconds