FXO vs XLF: holdings overlap, shared companies and scores

As of September 11, 2026, FXO and XLF overlap 21.5% by weight. First Trust Financials AlphaDEX Fund (FXO): U.S. financials stocks. State Street Financial Select Sector SPDR ETF (XLF): U.S. financial sector.

Updated September 11, 2026

How much do FXO and XLF overlap?

As of September 11, 2026, FXO and XLF overlap 21.5% by weight.

40% of FXO is already inside XLF.

46% of XLF is already inside FXO.

FXO holds 104 companies and XLF holds 76; 42 are in both.

Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.

How does ETF Copilot score FXO and XLF?

As of September 11, 2026, ETF Copilot scores FXO 4.4 out of 10 and XLF 4.1 out of 10.

They differ most on Valuation: FXO 7.7 and XLF 4.3.

The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.

FXO vs XLF — ETF Copilot factor scores, 0–10
Factor	FXO	XLF
Growth	0.3	0.3
Valuation	7.7	4.3
Risk	2.3	1.8
Quality	6.7	8.4
Return	6.2	6.2

XLF is the cheaper of the two at 0.08% a year

As of September 11, 2026, FXO charges 0.60% a year, yields 2.65% and holds $1.1B in assets across 104 positions.

As of September 11, 2026, XLF charges 0.08% a year, yields 1.46% and holds $54.7B in assets across 76 positions.

FXO vs XLF — cost, income and size
Measure	FXO	XLF
Expense ratio	0.60%	0.08%
Dividend yield	2.65%	1.46%
Assets under management	$1.1B	$54.7B
Holdings	104	76

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Where FXO and XLF trade against their own history

FXO trades at 10.4 times earnings, against its own median of 11.4, and is cheaper than 61% of its own 114 monthly readings since 2017.

XLF trades at 16.1 times earnings, against its own median of 14.3, and is more expensive than 67% of its own 114 monthly readings since 2017.

What moved FXO and XLF this week

FXO fell 3.1% in the week to September 11, 2026. The holdings that moved it most were Factset Research Systems (−17.0%), Morningstar (−11.5%) and Hamilton Lane (−7.2%); Wells Fargo (+1.2%) pushed the other way.

XLF fell 2.2% in the week to September 11, 2026. The holdings that moved it most were JPMorgan Chase (−1.6%), Visa (−2.2%) and Mastercard (−2.8%); Berkshire Hathaway (+0.5%) pushed the other way.

What do FXO and XLF each hold?

What's inside FXO: Tech 2%.

18% of FXO is its ten largest holdings.

What's inside XLF: Tech 2%.

57% of XLF is its ten largest holdings.

Compare with similar funds

Cite this

ETF Copilot, “FXO vs XLF holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/fxo-vs-xlf