FELG vs VONG: Holdings Overlap
FELGFidelity Enhanced Large Cap Growth ETF
Fidelity · 100 holdings · $5.8B · as of 2026-03-31
VONGVanguard Russell 1000 Growth Index Fund
Vanguard · 387 holdings · $45.7B · as of 2026-05-31
Holdings snapshots are 61 days apart (FELG: 2026-03-31, VONG: 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 FELG and VONG?
Fidelity Enhanced Large Cap Growth ETF (FELG, by Fidelity) holds 100 positions; Vanguard Russell 1000 Growth Index Fund (VONG, by Vanguard) holds 387. They have 71 holdings in common, and by portfolio weight the two funds are 76.0% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 76.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 71FELG holds 100 · VONG holds 387
- Weight in Shared Holdings
- FELG 92%·VONG 83%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 FELG
29 of 100 positions (6.7% of the fund) are not held by VONG.
Sector Breakdown
| Sector | FELG | VONG |
|---|---|---|
| Information Technology | 51.1% | 52.8% |
| Consumer Discretionary | 11.4% | 12.7% |
| Communication Services | 12.6% | 12.5% |
| Industrials | 8.6% | 6.2% |
| Health Care | 8.1% | 6.9% |
| Other Sectors | 7.2% | 8.8% |
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 |
|---|---|---|---|---|---|---|---|
| FELG | +3.4% | +7.3% | +16.4% | — | — | — | 0.34% |
| VONG | +2.7% | +5.6% | +13.3% | +22.2% | +12.8% | +17.9% | 0.45% |
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 FELG vs VONG →
Shared Holdings(71)
The top 10 shared positions account for 77% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 13.29% | 13.07% | 13.07% |
|---|---|---|---|
 AAPLApple Inc. COM | 12.03% | 11.95% | 11.95% |
 MSFTMicrosoft Corp. COM | 8.19% | 8.96% | 8.19% |
 AVGOBroadcom Inc COM | 5.23% | 5.77% | 5.23% |
 AMZNAmazon.com, Inc. COM | 4.22% | 5.06% | 4.22% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.61% | 3.91% | 3.61% |
 TSLATesla Inc COM | 3.83% | 3.48% | 3.48% |
 METAMeta Platforms, Inc., Class A | 3.93% | 3.19% | 3.19% |
 GOOGAlphabet Inc. CAP STK CL C | 3.22% | 3.15% | 3.15% |
 LLYEli Lilly & Co. COM | 2.91% | 2.67% | 2.67% |
 VVisa, Inc., Class A | 1.32% | 1.57% | 1.32% |
 LRCXLam Research Corporation COM NEW | 1.48% | 1.20% | 1.20% |
 MAMasterCard Incorporated CL A | 1.98% | 1.20% | 1.20% |
 ABBVAbbVie Inc. COM | 1.92% | 1.16% | 1.16% |
 COSTCostco Wholesale Corporation COM | 1.05% | 1.28% | 1.05% |
 GEGeneral Electric Co. | 1.55% | 1.01% | 1.01% |
 NFLXNetflix, Inc. COM | 0.95% | 1.10% | 0.95% |
 PLTRPalantir Technologies, Inc., Class A | 0.78% | 1.03% | 0.78% |
 HDHome Depot, Inc. (The) | 0.78% | 0.73% | 0.73% |
 GEVGE Vernova Inc. COM | 0.64% | 0.79% | 0.64% |
 APHAmphenol Corporation CL A | 1.07% | 0.55% | 0.55% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.50% | 0.54% | 0.50% |
 ANETArista Networks Inc COM SHS | 0.65% | 0.50% | 0.50% |
 UBERUber Technologies Inc COM | 1.06% | 0.43% | 0.43% |
 KLACKLA Corp. COM NEW | 0.40% | 0.76% | 0.40% |
Frequently Asked Questions
How much do FELG and VONG overlap?
FELG and VONG overlap by 76.0% of portfolio weight. They share 71 holdings (FELG holds 100 positions and VONG holds 387), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FELG and VONG?
The two portfolios are 76.0% 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 FELG and VONG?
The largest positions held by both funds are NVDA, AAPL, MSFT, AVGO and AMZN. Together the top 10 shared positions account for 77% of the total overlap.
What does FELG own that VONG doesn't?
29 positions (6.7% of FELG) are unique to FELG, led by ZM, FTI and EA. In the other direction, 316 positions (16.8% of VONG) are unique to VONG.