FELC vs IWB: Holdings Overlap
FELCFidelity Enhanced Large Cap Core ETF
Fidelity · 210 holdings · $8.4B · as of 2026-03-31
iShares · 1005 holdings · $49.9B · as of 2026-03-31
How similar are FELC and IWB?
Fidelity Enhanced Large Cap Core ETF (FELC, by Fidelity) holds 210 positions; iShares Russell 1000 ETF (IWB, by iShares) holds 1005. They have 196 holdings in common, and by portfolio weight the two funds are 62.5% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 62.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 196FELC holds 210 · IWB holds 1005
- Weight in Shared Holdings
- FELC 98%·IWB 70%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
14 of 210 positions (1.4% of the fund) are not held by IWB.
Only in IWB
809 of 1005 positions (29.4% of the fund) are not held by FELC. Showing the top 30 by weight.
Sector Breakdown
| Sector | FELC | IWB |
|---|---|---|
| Information Technology | 33.6% | 30.9% |
| Financials | 13.1% | 12.9% |
| Communication Services | 11.9% | 10.2% |
| Consumer Discretionary | 9.7% | 10.0% |
| Industrials | 9.7% | 9.9% |
| Other Sectors | 20.8% | 26.0% |
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 |
|---|---|---|---|---|---|---|---|
| FELC | +4.4% | +15.7% | +26.2% | — | — | — | 0.81% |
| IWB | +3.4% | +13.9% | +23.1% | +20.9% | +12.6% | +15.0% | 0.89% |
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 IWB →
Shared Holdings(196)
The top 10 shared positions account for 53% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.96% | 6.81% | 6.81% |
|---|---|---|---|
 AAPLApple Inc. COM | 7.14% | 6.10% | 6.10% |
 MSFTMicrosoft Corp. COM | 4.70% | 4.58% | 4.58% |
 AMZNAmazon.com, Inc. COM | 3.97% | 3.33% | 3.33% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.10% | 2.79% | 2.79% |
 AVGOBroadcom Inc COM | 3.09% | 2.39% | 2.39% |
 GOOGAlphabet Inc. CAP STK CL C | 2.31% | 2.27% | 2.27% |
 METAMeta Platforms, Inc., Class A | 2.58% | 2.08% | 2.08% |
 TSLATesla Inc COM | 1.52% | 1.75% | 1.52% |
 BRK-BBerkshire Hathaway, Inc., Class B | 2.09% | 1.47% | 1.47% |
 JPMJPMorgan Chase & Co. COM | 1.66% | 1.33% | 1.33% |
 LLYEli Lilly & Co. COM | 1.56% | 1.23% | 1.23% |
 XOMExxon Mobil Corp. COM | 1.49% | 1.20% | 1.20% |
 MAMasterCard Incorporated CL A | 1.22% | 0.67% | 0.67% |
 JNJJohnson & Johnson COM | 0.65% | 0.98% | 0.65% |
 ABBVAbbVie Inc. COM | 1.14% | 0.64% | 0.64% |
 MUMicron Technology Inc. COM | 1.07% | 0.63% | 0.63% |
 VVisa, Inc., Class A | 0.61% | 0.85% | 0.61% |
 CVXChevron Corp. COM | 0.59% | 0.65% | 0.59% |
 NFLXNetflix, Inc. COM | 0.57% | 0.68% | 0.57% |
 WMTWalmart Inc COM | 0.54% | 0.90% | 0.54% |
 BACBank of America Corp. COM | 0.71% | 0.53% | 0.53% |
 CSCOCisco Systems, Inc. COM | 0.82% | 0.52% | 0.52% |
 GEGeneral Electric Co. | 1.01% | 0.49% | 0.49% |
 PGThe Procter & Gamble Co. COM | 0.47% | 0.57% | 0.47% |
Frequently Asked Questions
How much do FELC and IWB overlap?
FELC and IWB overlap by 62.5% of portfolio weight. They share 196 holdings (FELC holds 210 positions and IWB holds 1005), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FELC and IWB?
The two portfolios are 62.5% 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 IWB?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 53% of the total overlap.
What does FELC own that IWB doesn't?
14 positions (1.4% of FELC) are unique to FELC, led by CMC, TENB and ALRM. In the other direction, 809 positions (29.4% of IWB) are unique to IWB.