ETF Versus

IAU vs XLK

iShares Gold Trust vs State Street Technology Select Sector SPDR ETF

Last updated: 2026-04-09

IAU

iShares Gold Trust (IAU) is an exchange-traded fund that provides exposure to gold securities. It charges a moderate expense ratio of 0.25%. Launched in 2005, the fund has a 21-year track record.

AUM: $73.9B ER: 0.25% Yield: N/A Since: Jan 21, 2005
XLK

State Street Technology Select Sector SPDR ETF (XLK) is an exchange-traded fund that provides exposure to us sector - technology securities. It charges a low expense ratio of 0.08%. The fund offers a modest dividend yield of 0.54%. Launched in 1998, the fund has a 28-year track record.

AUM: $86.3B ER: 0.08% Yield: 0.54% Since: Dec 16, 1998

Quick Verdict

XLK is significantly cheaper at 0.08% vs 0.25% expense ratio, saving you approximately $335 per $10,000 invested over 10 years. Over the past year, IAU has significantly outperformed with a 51.5% return vs 34.8%.

Key Metrics

Metric IAU XLK
Expense Ratio 0.25% 0.08%
Dividend Yield N/A 0.5%
Fund Family N/A N/A
Category Gold US Sector - Technology

Performance Chart

Indexed to 100 at start (5-year comparison)

80 125 170 215 260 305 2021-04 2022-07 2023-10 2024-12 2026-04
IAU +166.3%
XLK +93.9%

Performance Comparison

Period IAU XLK Difference
1 Month -9.60% -1.67% -7.93%
3 Months +4.21% -5.97% +10.18%
6 Months +14.25% -3.62% +17.87%
YTD +8.46% -4.76% +13.22%
1 Year +51.52% +34.83% +16.69%
3 Years +134.21% +84.48% +49.73%
5 Years +168.06% +94.81% +73.25%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IAU Fees XLK Fees You Save
$10,000 10 years $495 $159 $335
$10,000 20 years $2,111 $686 $1,425
$10,000 30 years $6,758 $2,212 $4,546
$50,000 10 years $2,473 $797 $1,676
$50,000 30 years $33,792 $11,061 $22,731
$100,000 30 years $67,584 $22,123 $45,461

Risk Metrics

Based on 5 years of daily returns

Metric IAU XLK
Annualized Volatility 17.7% 24.7%
Max Drawdown -20.9% -34.0%
Sharpe Ratio 0.95 0.48

Dividend Comparison

Metric IAU XLK
Annual Dividend (per share) $0.00 $0.77
Dividend Yield 0.00% 0.56%
Distribution Frequency None Quarterly

Top Holdings

XLK Top Holdings

NameWeight
NVIDIA CorporationNVDA15.32%
Apple Inc.AAPL13.17%
Microsoft CorporationMSFT9.78%
Broadcom Inc.AVGO5.60%
Micron Technology, Inc.MU3.66%
Advanced Micro Devices, Inc.AMD3.11%
Palantir Technologies Inc.PLTR2.96%
Cisco Systems, Inc.CSCO2.75%
Applied Materials, Inc.AMAT2.42%
Lam Research CorporationLRCX2.42%

Which One Should You Choose?

Choose XLK if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose IAU if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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