FHLC vs IHI: Holdings Overlap
FHLCFidelity MSCI Health Care Index ETF
Fidelity · 337 holdings · $3.3B · as of 2026-04-30
IHIiShares U.S. Medical Devices ETF
iShares · 47 holdings · $3.4B · as of 2026-03-31
Holdings snapshots are 30 days apart (FHLC: 2026-04-30, IHI: 2026-03-31). 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 FHLC and IHI?
Fidelity MSCI Health Care Index ETF (FHLC, by Fidelity) holds 337 positions; iShares U.S. Medical Devices ETF (IHI, by iShares) holds 47. They have 42 holdings in common, and by portfolio weight the two funds are 15.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 42FHLC holds 337 · IHI holds 47
- Weight in Shared Holdings
- FHLC 16%·IHI 97%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 FHLC
295 of 337 positions (83.8% of the fund) are not held by IHI. Showing the top 30 by weight.
Sector Breakdown
| Sector | FHLC | IHI |
|---|---|---|
| Health Care | 99.6% | 99.8% |
| Other Sectors | 0.0% | 0.0% |
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 |
|---|---|---|---|---|---|---|---|
| FHLC | +0.7% | +9.3% | +33.0% | +10.0% | +5.3% | +10.1% | 1.26% |
| IHI | +4.1% | -12.3% | -9.9% | +0.5% | -2.6% | +8.9% | 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 FHLC vs IHI →
Shared Holdings(42)
The top 10 shared positions account for 83% of the overlap, led by ISRG, ABT and SYK.
 ISRGIntuitive Surgical Inc. COM NEW | 2.62% | 15.57% | 2.62% |
|---|---|---|---|
 ABTAbbott Laboratories COM | 2.55% | 16.98% | 2.55% |
 SYKStryker Corporation COM | 1.75% | 10.76% | 1.75% |
 MDTMedtronic PLC USD0.0001 | 1.68% | 4.62% | 1.68% |
 BSXBoston Scientific Corporation COM | 1.38% | 4.28% | 1.38% |
 EWEdwards Lifesciences Corporation COM | 0.78% | 4.47% | 0.78% |
 IDXXIDEXX Laboratories Inc. COM | 0.72% | 4.44% | 0.72% |
 BDXBecton, Dickinson and Company COM | 0.69% | 4.57% | 0.69% |
 RMDResMed Inc. COM | 0.50% | 4.43% | 0.50% |
 GEHCGE Healthcare Technologies Inc. COMMON STOCK | 0.45% | 4.40% | 0.45% |
 DXCMDexCom Inc COM | 0.38% | 3.28% | 0.38% |
 STESteris PLC ORD USD0.001 | 0.34% | 2.94% | 0.34% |
 ZBHZimmer Biomet Holdings Inc COM | 0.26% | 2.43% | 0.26% |
 PENPenumbra Inc. COM | 0.20% | 1.75% | 0.20% |
 PODDInsulet Corporation COM | 0.20% | 2.00% | 0.20% |
 GMEDGlobus Medical, Inc., Class A | 0.16% | 1.30% | 0.16% |
 BAXBaxter International, Inc. COM | 0.15% | 1.17% | 0.15% |
 GKOSGlaukos Corp. COM | 0.13% | 0.84% | 0.13% |
| Masimo Corporation COM | 0.13% | 1.10% | 0.13% |
 TFXTeleflex Incorporated COM | 0.09% | 0.72% | 0.09% |
 NVSTEnvista Holdings Corporation COM | 0.07% | 0.56% | 0.07% |
 IRTCiRhythm Holdings Inc. COM | 0.07% | 0.52% | 0.07% |
 LIVNLivaNova PLC ORD GBP1.00 (DI) | 0.05% | 0.47% | 0.05% |
 TMDXTransMedics Group Inc. COM | 0.05% | 0.46% | 0.05% |
 ITGRInteger Holdings Corp. COM | 0.05% | 0.42% | 0.05% |
Frequently Asked Questions
How much do FHLC and IHI overlap?
FHLC and IHI overlap by 15.8% of portfolio weight. They share 42 holdings (FHLC holds 337 positions and IHI holds 47), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FHLC and IHI?
The two portfolios are 15.8% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of FHLC and IHI?
The largest positions held by both funds are ISRG, ABT, SYK, MDT and BSX. Together the top 10 shared positions account for 83% of the total overlap.
What does FHLC own that IHI doesn't?
295 positions (83.8% of FHLC) are unique to FHLC, led by LLY, JNJ and ABBV. In the other direction, 5 positions (2.5% of IHI) are unique to IHI.