AVUS vs FHLC: Holdings Overlap
Avantis · 1875 holdings · $13.9B · as of 2026-05-31
FHLCFidelity MSCI Health Care Index ETF
Fidelity · 337 holdings · $3.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (AVUS: 2026-05-31, FHLC: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are AVUS and FHLC?
Avantis U.S. Equity ETF (AVUS, by Avantis) holds 1875 positions; Fidelity MSCI Health Care Index ETF (FHLC, by Fidelity) holds 337. They have 183 holdings in common, and by portfolio weight the two funds are 6.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 183AVUS holds 1875 · FHLC holds 337
- Weight in Shared Holdings
- AVUS 7%·FHLC 92%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in AVUS
1692 of 1875 positions (93.0% of the fund) are not held by FHLC. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVUS | FHLC |
|---|---|---|
| Health Care | 7.0% | 99.6% |
| Information Technology | 29.7% | 0.0% |
| Financials | 14.6% | 0.0% |
| Industrials | 11.7% | 0.0% |
| Consumer Discretionary | 11.1% | 0.0% |
| Other Sectors | 25.6% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AVUS | +3.1% | +17.9% | +28.8% | +20.7% | +13.1% | — | 0.90% |
| FHLC | +0.7% | +9.3% | +33.0% | +10.0% | +5.3% | +10.1% | 1.26% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in AVUS vs FHLC →
Shared Holdings(183)
The top 10 shared positions account for 53% of the overlap, led by LLY, MRK and JNJ.
 LLYEli Lilly & Co | 0.84% | 12.13% | 0.84% |
|---|---|---|---|
 MRKMerck & Co Inc | 0.63% | 4.38% | 0.63% |
 JNJJohnson & Johnson | 0.58% | 8.94% | 0.58% |
 GILDGilead Sciences Inc | 0.45% | 2.62% | 0.45% |
 ABBVAbbVie Inc | 0.34% | 6.03% | 0.34% |
 AMGNAmgen Inc | 0.20% | 3.01% | 0.20% |
 PFEPfizer Inc | 0.18% | 2.45% | 0.18% |
 UNHUnitedHealth Group Inc | 0.17% | 5.42% | 0.17% |
 BMYBristol-Myers Squibb Co | 0.15% | 1.99% | 0.15% |
 CNCCentene Corp | 0.14% | 0.43% | 0.14% |
 VRTXVertex Pharmaceuticals Inc | 0.14% | 1.75% | 0.14% |
 ELVElevance Health Inc | 0.14% | 1.35% | 0.14% |
 ABTAbbott Laboratories | 0.13% | 2.55% | 0.13% |
 IDXXIDEXX Laboratories Inc | 0.13% | 0.72% | 0.13% |
 ISRGIntuitive Surgical Inc | 0.12% | 2.62% | 0.12% |
 REGNRegeneron Pharmaceuticals Inc | 0.11% | 1.18% | 0.11% |
 VTRSViatris Inc | 0.10% | 0.28% | 0.10% |
 DXCMDexcom Inc | 0.10% | 0.38% | 0.10% |
 UTHRUnited Therapeutics Corp | 0.09% | 0.38% | 0.09% |
 TMOThermo Fisher Scientific Inc | 0.09% | 2.91% | 0.09% |
 DHRDanaher Corp | 0.08% | 1.84% | 0.08% |
 JAZZJazz Pharmaceuticals PLC | 0.08% | 0.18% | 0.08% |
 MDTMedtronic PLC | 0.07% | 1.68% | 0.07% |
 CORCencora Inc | 0.07% | 0.92% | 0.07% |
 EXELExelixis Inc | 0.07% | 0.18% | 0.07% |
Frequently Asked Questions
How much do AVUS and FHLC overlap?
AVUS and FHLC overlap by 6.9% of portfolio weight. They share 183 holdings (AVUS holds 1875 positions and FHLC holds 337), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVUS and FHLC?
The two portfolios are 6.9% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of AVUS and FHLC?
The largest positions held by both funds are LLY, MRK, JNJ, GILD and ABBV. Together the top 10 shared positions account for 53% of the total overlap.
What does AVUS own that FHLC doesn't?
1692 positions (93.0% of AVUS) are unique to AVUS, led by NVDA, AAPL and MSFT. In the other direction, 154 positions (8.1% of FHLC) are unique to FHLC.