FELC vs SPY: Holdings Overlap
FELCFidelity Enhanced Large Cap Core ETF
Fidelity · 210 holdings · $8.4B · as of 2026-03-31
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 128 days apart (FELC: 2026-03-31, SPY: 2026-08-06). 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 SPY?
Fidelity Enhanced Large Cap Core ETF (FELC, by Fidelity) holds 210 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 151 holdings in common, and by portfolio weight the two funds are 64.7% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 64.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 151FELC holds 210 · SPY holds 504
- Weight in Shared Holdings
- FELC 90%·SPY 75%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
59 of 210 positions (9.1% of the fund) are not held by SPY. Showing the top 30 by weight.
Only in SPY
353 of 504 positions (24.9% of the fund) are not held by FELC. Showing the top 30 by weight.
Sector Breakdown
| Sector | FELC | SPY |
|---|---|---|
| Information Technology | 33.6% | 37.6% |
| Financials | 13.1% | 12.3% |
| Communication Services | 11.9% | 9.7% |
| Industrials | 9.7% | 8.8% |
| Consumer Discretionary | 9.7% | 9.3% |
| Other Sectors | 20.8% | 22.3% |
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% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 SPY →
Shared Holdings(151)
The top 10 shared positions account for 57% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.96% | 8.00% | 7.96% |
|---|---|---|---|
 AAPLApple Inc. COM | 7.14% | 6.92% | 6.92% |
 MSFTMicrosoft Corp. COM | 4.70% | 5.60% | 4.70% |
 AMZNAmazon.com, Inc. COM | 3.97% | 4.02% | 3.97% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.10% | 3.16% | 3.10% |
 AVGOBroadcom Inc COM | 3.09% | 3.00% | 3.00% |
 GOOGAlphabet Inc. CAP STK CL C | 2.31% | 2.54% | 2.31% |
 METAMeta Platforms, Inc., Class A | 2.58% | 1.95% | 1.95% |
 BRK-BBerkshire Hathaway, Inc., Class B | 2.09% | 1.45% | 1.45% |
 JPMJPMorgan Chase & Co. COM | 1.66% | 1.44% | 1.44% |
 LLYEli Lilly & Co. COM | 1.56% | 1.42% | 1.42% |
 TSLATesla Inc COM | 1.52% | 1.36% | 1.36% |
 MUMicron Technology Inc. COM | 1.07% | 1.50% | 1.07% |
 CSCOCisco Systems, Inc. COM | 0.82% | 0.72% | 0.72% |
 MAMasterCard Incorporated CL A | 1.22% | 0.70% | 0.70% |
 JNJJohnson & Johnson COM | 0.65% | 0.93% | 0.65% |
 ABBVAbbVie Inc. COM | 1.14% | 0.65% | 0.65% |
 BACBank of America Corp. COM | 0.71% | 0.62% | 0.62% |
 VVisa, Inc., Class A | 0.61% | 0.93% | 0.61% |
 GEGeneral Electric Co. | 1.01% | 0.59% | 0.59% |
 UNHUnitedHealth Group Inc. COM | 0.60% | 0.55% | 0.55% |
 WMTWalmart Inc COM | 0.54% | 0.74% | 0.54% |
 CVXChevron Corp. COM | 0.59% | 0.53% | 0.53% |
 NFLXNetflix, Inc. COM | 0.57% | 0.47% | 0.47% |
 PGThe Procter & Gamble Co. COM | 0.47% | 0.52% | 0.47% |
Frequently Asked Questions
How much do FELC and SPY overlap?
FELC and SPY overlap by 64.7% of portfolio weight. They share 151 holdings (FELC holds 210 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FELC and SPY?
The two portfolios are 64.7% 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 SPY?
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 SPY doesn't?
59 positions (9.1% of FELC) are unique to FELC, led by XOM, HON and EA. In the other direction, 353 positions (24.9% of SPY) are unique to SPY.