FBND vs SPY: Holdings Overlap
Fidelity · 4503 holdings · $27.3B · as of 2026-05-31
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 67 days apart (FBND: 2026-05-31, SPY: 2026-08-06). 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 FBND and SPY?
Fidelity Total Bond ETF (FBND, by Fidelity) holds 4503 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0FBND holds 4503 · SPY holds 504
- Weight in Shared Holdings
- FBND 0%·SPY 0%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 FBND
4503 of 4503 positions (105.4% of the fund) are not held by SPY. Showing the top 30 by weight.
- U.S. Treasury Notes2.34%
- U.S. Treasury Notes2.21%
- U.S. Treasury Notes2.17%
- U.S. Treasury Notes1.81%
- U.S. Treasury Bonds1.53%
- U.S. Treasury Notes1.49%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FBND | -0.2% | +0.3% | +2.8% | +4.9% | +0.5% | +2.3% | 4.74% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 FBND vs SPY →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do FBND and SPY overlap?
FBND and SPY overlap by 0.0% of portfolio weight. They share 0 holdings (FBND holds 4503 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FBND and SPY?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does FBND own that SPY doesn't?
4503 positions (105.4% of FBND) are unique to FBND, led by U.S. Treasury Notes, U.S. Treasury Notes and U.S. Treasury Notes. In the other direction, 504 positions (99.9% of SPY) are unique to SPY.