FELC vs SCHB: Holdings Overlap
FELCFidelity Enhanced Large Cap Core ETF
Fidelity · 210 holdings · $8.4B · as of 2026-03-31
SCHBSchwab U.S. Broad Market ETF
Schwab · 2407 holdings · $44.7B · as of 2026-05-31
Holdings snapshots are 61 days apart (FELC: 2026-03-31, SCHB: 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 SCHB?
Fidelity Enhanced Large Cap Core ETF (FELC, by Fidelity) holds 210 positions; Schwab U.S. Broad Market ETF (SCHB, by Schwab) holds 2407. They have 205 holdings in common, and by portfolio weight the two funds are 61.1% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 61.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 205FELC holds 210 · SCHB holds 2407
- Weight in Shared Holdings
- FELC 99%·SCHB 69%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
5 of 210 positions (0.3% of the fund) are not held by SCHB.
Sector Breakdown
| Sector | FELC | SCHB |
|---|---|---|
| Information Technology | 33.6% | 36.4% |
| Financials | 13.1% | 11.6% |
| Communication Services | 11.9% | 9.8% |
| Industrials | 9.7% | 9.6% |
| Consumer Discretionary | 9.7% | 9.7% |
| Other Sectors | 20.8% | 22.6% |
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% |
| SCHB | +3.3% | +14.6% | +24.0% | +20.9% | +12.4% | +14.9% | 1.00% |
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 SCHB →
Shared Holdings(205)
The top 10 shared positions account for 56% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.96% | 7.02% | 7.02% |
|---|---|---|---|
 AAPLApple Inc. COM | 7.14% | 6.26% | 6.26% |
 MSFTMicrosoft Corp. COM | 4.70% | 4.57% | 4.57% |
 AMZNAmazon.com, Inc. COM | 3.97% | 3.62% | 3.62% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.10% | 3.03% | 3.03% |
 AVGOBroadcom Inc COM | 3.09% | 2.90% | 2.90% |
 GOOGAlphabet Inc. CAP STK CL C | 2.31% | 2.41% | 2.31% |
 METAMeta Platforms, Inc., Class A | 2.58% | 1.89% | 1.89% |
 TSLATesla Inc COM | 1.52% | 1.68% | 1.52% |
 LLYELI LILLY and CO | 1.56% | 1.20% | 1.20% |
 BRK-BBerkshire Hathaway, Inc., Class B | 2.09% | 1.19% | 1.19% |
 JPMJPMORGAN CHASE and CO | 1.66% | 1.10% | 1.10% |
 MUMicron Technology Inc. COM | 1.07% | 1.49% | 1.07% |
 XOMExxon Mobil Corp. COM | 1.49% | 0.83% | 0.83% |
 JNJJOHNSON and JOHNSON | 0.65% | 0.74% | 0.65% |
 CSCOCisco Systems, Inc. COM | 0.82% | 0.65% | 0.65% |
 VVisa, Inc., Class A | 0.61% | 0.75% | 0.61% |
 MAMasterCard Incorporated CL A | 1.22% | 0.55% | 0.55% |
 WMTWalmart Inc COM | 0.54% | 0.69% | 0.54% |
 ABBVAbbVie Inc. COM | 1.14% | 0.53% | 0.53% |
 NFLXNetflix, Inc. COM | 0.57% | 0.50% | 0.50% |
 UNHUnitedHealth Group Inc. COM | 0.60% | 0.47% | 0.47% |
 BACBank of America Corp. COM | 0.71% | 0.47% | 0.47% |
 CVXChevron Corp. COM | 0.59% | 0.47% | 0.47% |
 GEGeneral Electric Co. | 1.01% | 0.46% | 0.46% |
Frequently Asked Questions
How much do FELC and SCHB overlap?
FELC and SCHB overlap by 61.1% of portfolio weight. They share 205 holdings (FELC holds 210 positions and SCHB holds 2407), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FELC and SCHB?
The two portfolios are 61.1% 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 SCHB?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 56% of the total overlap.
What does FELC own that SCHB doesn't?
5 positions (0.3% of FELC) are unique to FELC, led by UST BILLS 0% 05/28/2026, SCCO and UST BILLS 0% 05/14/2026. In the other direction, 2202 positions (30.8% of SCHB) are unique to SCHB.