FELC vs GSUS: Holdings Overlap
FELCFidelity Enhanced Large Cap Core ETF
Fidelity · 210 holdings · $8.4B · as of 2026-03-31
GSUSGoldman Sachs MarketBeta U.S. Equity ETF
Goldman Sachs · 413 holdings · $3.2B · as of 2026-05-31
Holdings snapshots are 61 days apart (FELC: 2026-03-31, GSUS: 2026-05-31). 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 FELC and GSUS?
Fidelity Enhanced Large Cap Core ETF (FELC, by Fidelity) holds 210 positions; Goldman Sachs MarketBeta U.S. Equity ETF (GSUS, by Goldman Sachs) holds 413. They have 153 holdings in common, and by portfolio weight the two funds are 65.5% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 65.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 153FELC holds 210 · GSUS holds 413
- Weight in Shared Holdings
- FELC 92%·GSUS 78%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 FELC
57 of 210 positions (7.5% of the fund) are not held by GSUS. Showing the top 30 by weight.
Only in GSUS
260 of 413 positions (22.3% of the fund) are not held by FELC. Showing the top 30 by weight.
Sector Breakdown
| Sector | FELC | GSUS |
|---|---|---|
| Information Technology | 33.6% | 38.5% |
| Financials | 13.1% | 11.0% |
| Communication Services | 11.9% | 11.1% |
| Consumer Discretionary | 9.7% | 10.1% |
| Industrials | 9.7% | 8.0% |
| Other Sectors | 20.8% | 21.1% |
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 |
|---|---|---|---|---|---|---|---|
| FELC | +4.4% | +15.7% | +26.2% | — | — | — | 0.81% |
| GSUS | +3.4% | +13.8% | +23.5% | +21.6% | +13.0% | — | 0.96% |
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 FELC vs GSUS →
Shared Holdings(153)
The top 10 shared positions account for 57% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.96% | 7.72% | 7.72% |
|---|---|---|---|
 AAPLApple Inc. COM | 7.14% | 6.98% | 6.98% |
 MSFTMicrosoft Corp. COM | 4.70% | 5.16% | 4.70% |
 AMZNAmazon.com, Inc. COM | 3.97% | 4.06% | 3.97% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.10% | 3.46% | 3.10% |
 AVGOBroadcom Inc COM | 3.09% | 3.25% | 3.09% |
 GOOGAlphabet Inc. CAP STK CL C | 2.31% | 2.98% | 2.31% |
 METAMeta Platforms, Inc., Class A | 2.58% | 2.16% | 2.16% |
 TSLATesla Inc COM | 1.52% | 2.28% | 1.52% |
 LLYEli Lilly & Co. COM | 1.56% | 1.46% | 1.46% |
 JPMJPMorgan Chase & Co. COM | 1.66% | 1.26% | 1.26% |
 MUMicron Technology Inc. COM | 1.07% | 1.71% | 1.07% |
 BRK-BBerkshire Hathaway, Inc., Class B | 2.09% | 1.03% | 1.03% |
 XOMExxon Mobil Corp. COM | 1.49% | 0.95% | 0.95% |
 CSCOCisco Systems, Inc. COM | 0.82% | 0.75% | 0.75% |
 JNJJohnson & Johnson COM | 0.65% | 0.85% | 0.65% |
 MAMasterCard Incorporated CL A | 1.22% | 0.61% | 0.61% |
 VVisa, Inc., Class A | 0.61% | 0.86% | 0.61% |
 ABBVAbbVie Inc. COM | 1.14% | 0.60% | 0.60% |
 NFLXNetflix, Inc. COM | 0.57% | 0.57% | 0.57% |
 UNHUnitedHealth Group Inc. COM | 0.60% | 0.54% | 0.54% |
 WMTWalmart Inc COM | 0.54% | 0.79% | 0.54% |
 CVXChevron Corp. COM | 0.59% | 0.53% | 0.53% |
 GEGeneral Electric Co. | 1.01% | 0.53% | 0.53% |
 BACBank of America Corp. COM | 0.71% | 0.50% | 0.50% |
Frequently Asked Questions
How much do FELC and GSUS overlap?
FELC and GSUS overlap by 65.5% of portfolio weight. They share 153 holdings (FELC holds 210 positions and GSUS holds 413), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FELC and GSUS?
The two portfolios are 65.5% 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 FELC and GSUS?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 57% of the total overlap.
What does FELC own that GSUS doesn't?
57 positions (7.5% of FELC) are unique to FELC, led by FTI, NRG and CMC. In the other direction, 260 positions (22.3% of GSUS) are unique to GSUS.