FDIS vs QQEW: Holdings Overlap
FDISFidelity MSCI Consumer Discretionary Index ETF
Fidelity · 248 holdings · $1.7B · as of 2026-04-30
QQEWFirst Trust Nasdaq-100 Select Equal Weight ETF
First Trust · 51 holdings · $1.8B · as of 2026-03-31
Holdings snapshots are 30 days apart (FDIS: 2026-04-30, QQEW: 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 FDIS and QQEW?
Fidelity MSCI Consumer Discretionary Index ETF (FDIS, by Fidelity) holds 248 positions; First Trust Nasdaq-100 Select Equal Weight ETF (QQEW, by First Trust) holds 51. They have 5 holdings in common, and by portfolio weight the two funds are 6.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5FDIS holds 248 · QQEW holds 51
- Weight in Shared Holdings
- FDIS 6%·QQEW 10%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 FDIS
243 of 248 positions (93.6% of the fund) are not held by QQEW. Showing the top 30 by weight.
Only in QQEW
46 of 51 positions (89.7% of the fund) are not held by FDIS. Showing the top 30 by weight.
Sector Breakdown
| Sector | FDIS | QQEW |
|---|---|---|
| Consumer Discretionary | 99.5% | 12.4% |
| Information Technology | 0.0% | 49.6% |
| Health Care | 0.0% | 16.3% |
| Communication Services | 0.0% | 10.0% |
| Industrials | 0.3% | 7.7% |
| Other Sectors | 0.0% | 3.9% |
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 |
|---|---|---|---|---|---|---|---|
| FDIS | +1.8% | +2.9% | +9.4% | +12.3% | +5.9% | +13.7% | 0.71% |
| QQEW | +2.5% | +14.0% | +19.6% | +14.5% | +7.7% | +14.2% | 0.20% |
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 FDIS vs QQEW →
Shared Holdings(5)
The top 5 shared positions account for 100% of the overlap, led by BKNG, MELI and ROST.
Frequently Asked Questions
How much do FDIS and QQEW overlap?
FDIS and QQEW overlap by 6.2% of portfolio weight. They share 5 holdings (FDIS holds 248 positions and QQEW holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDIS and QQEW?
The two portfolios are 6.2% 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 FDIS and QQEW?
The largest positions held by both funds are BKNG, MELI, ROST, DASH and ABNB. Together the top 5 shared positions account for 100% of the total overlap.
What does FDIS own that QQEW doesn't?
243 positions (93.6% of FDIS) are unique to FDIS, led by AMZN, TSLA and HD. In the other direction, 46 positions (89.7% of QQEW) are unique to QQEW.