FCOM vs IXP: Holdings Overlap
FCOMFidelity MSCI Communication Services Index ETF
Fidelity · 89 holdings · $1.7B · as of 2026-04-30
IXPiShares Global Comm Services ETF
iShares · 81 holdings · $577M · as of 2026-03-31
Holdings snapshots are 30 days apart (FCOM: 2026-04-30, IXP: 2026-03-31). 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 FCOM and IXP?
Fidelity MSCI Communication Services Index ETF (FCOM, by Fidelity) holds 89 positions; iShares Global Comm Services ETF (IXP, by iShares) holds 81. They have 22 holdings in common, and by portfolio weight the two funds are 64.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 64.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 22FCOM holds 89 · IXP holds 81
- Weight in Shared Holdings
- FCOM 86%·IXP 67%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 FCOM
67 of 89 positions (14.3% of the fund) are not held by IXP. Showing the top 30 by weight.
Sector Breakdown
| Sector | FCOM | IXP |
|---|---|---|
| Communication Services | 99.8% | 99.8% |
| Real Estate | 0.0% | 0.0% |
| Other Sectors | 0.0% | 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 |
|---|---|---|---|---|---|---|---|
| FCOM | -1.3% | -2.9% | +8.4% | +20.2% | +6.1% | +10.5% | 0.99% |
| IXP | +1.2% | -2.0% | +6.3% | +20.8% | +8.3% | +8.8% | 3.33% |
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 FCOM vs IXP →
Shared Holdings(22)
The top 10 shared positions account for 90% of the overlap, led by META, GOOGL and GOOG.
 METAMeta Platforms, Inc., Class A | 20.39% | 14.85% | 14.85% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 16.29% | 10.52% | 10.52% |
 GOOGAlphabet Inc. CAP STK CL C | 10.74% | 8.43% | 8.43% |
 NFLXNetflix, Inc. COM | 5.18% | 4.81% | 4.81% |
 VZVerizon Communications Inc. COM | 4.18% | 4.67% | 4.18% |
 DISWalt Disney Company COM | 4.12% | 4.51% | 4.12% |
 TAT&T Inc COM | 3.88% | 5.04% | 3.88% |
 CMCSAComcast Corporation CL A | 2.69% | 2.91% | 2.69% |
 TMUST-Mobile US Inc COM | 2.68% | 2.81% | 2.68% |
 WBDWarner Bros. Discovery Inc. COM SER A | 2.82% | 1.92% | 1.92% |
 EAElectronic Arts Inc. COM | 2.09% | 1.30% | 1.30% |
 TTWOTake-Two Interactive Software Inc. COM | 2.08% | 0.97% | 0.97% |
 LYVLive Nation Entertainment, Inc. COM | 1.54% | 0.68% | 0.68% |
 OMCOmnicom Group Inc COM | 1.45% | 0.67% | 0.67% |
 CHTRCharter Communications, Inc., Class A | 0.84% | 0.52% | 0.52% |
 ECHOEchoStar Corp., Class A | 1.04% | 0.45% | 0.45% |
 TKOTKO Group Holdings, Inc., Class A | 0.75% | 0.38% | 0.38% |
 FOXAFox Corporation CL A COM | 0.80% | 0.33% | 0.33% |
 TTDTrade Desk, Inc. (The), Class A | 0.62% | 0.28% | 0.28% |
 NWSANews Corporation CL A | 0.59% | 0.26% | 0.26% |
 FOXFox Corporation CL B COM | 0.52% | 0.21% | 0.21% |
 PSKYParamount Skydance Corp., Class B | 0.20% | 0.08% | 0.08% |
Frequently Asked Questions
How much do FCOM and IXP overlap?
FCOM and IXP overlap by 64.2% of portfolio weight. They share 22 holdings (FCOM holds 89 positions and IXP holds 81), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FCOM and IXP?
The two portfolios are 64.2% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of FCOM and IXP?
The largest positions held by both funds are META, GOOGL, GOOG, NFLX and VZ. Together the top 10 shared positions account for 90% of the total overlap.
What does FCOM own that IXP doesn't?
67 positions (14.3% of FCOM) are unique to FCOM, led by RBLX, FWONK and ASTS. In the other direction, 59 positions (33.3% of IXP) are unique to IXP.