FHLC vs RSPH: Holdings Overlap
FHLCFidelity MSCI Health Care Index ETF
Fidelity · 337 holdings · $3.3B · as of 2026-04-30
RSPHInvesco S&P 500 Equal Weight Health Care ETF
Invesco · 59 holdings · $776M · as of 2026-04-30
How similar are FHLC and RSPH?
Fidelity MSCI Health Care Index ETF (FHLC, by Fidelity) holds 337 positions; Invesco S&P 500 Equal Weight Health Care ETF (RSPH, by Invesco) holds 59. They have 59 holdings in common, and by portfolio weight the two funds are 49.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 49.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 59FHLC holds 337 · RSPH holds 59
- Weight in Shared Holdings
- FHLC 85%·RSPH 100%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
278 of 337 positions (14.6% of the fund) are not held by RSPH. Showing the top 30 by weight.
Only in RSPH
Every position in RSPH is also held by FHLC, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | FHLC | RSPH |
|---|---|---|
| Health Care | 99.6% | 100.5% |
| 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% |
| RSPH | +3.0% | +12.0% | +28.4% | +7.0% | +3.5% | +8.9% | 0.65% |
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 RSPH →
Shared Holdings(59)
The top 10 shared positions account for 35% of the overlap, led by UNH, BMY and PFE.
 UNHUnitedHealth Group Inc. | 5.42% | 2.31% | 2.31% |
|---|---|---|---|
 BMYBristol-Myers Squibb Co. | 1.99% | 1.80% | 1.80% |
 PFEPfizer Inc. | 2.45% | 1.74% | 1.74% |
 TMOThermo Fisher Scientific Inc. | 2.91% | 1.72% | 1.72% |
 CVSCVS Health Corp. | 1.71% | 1.96% | 1.71% |
 JNJJohnson & Johnson | 8.94% | 1.68% | 1.68% |
 MRKMerck & Co., Inc. | 4.38% | 1.67% | 1.67% |
 LLYEli Lilly and Co. | 12.13% | 1.66% | 1.66% |
 ISRGIntuitive Surgical, Inc. | 2.62% | 1.65% | 1.65% |
 ABBVAbbVie Inc. | 6.03% | 1.65% | 1.65% |
 AMGNAmgen Inc. | 3.01% | 1.63% | 1.63% |
 DHRDanaher Corp. | 1.84% | 1.63% | 1.63% |
 SYKStryker Corp. | 1.75% | 1.62% | 1.62% |
 MDTMedtronic PLC | 1.68% | 1.62% | 1.62% |
 GILDGilead Sciences, Inc. | 2.62% | 1.59% | 1.59% |
 MCKMcKesson Corp. | 1.62% | 1.55% | 1.55% |
 VRTXVertex Pharmaceuticals Inc. | 1.75% | 1.54% | 1.54% |
 ABTAbbott Laboratories | 2.55% | 1.46% | 1.46% |
 BSXBoston Scientific Corp. | 1.38% | 1.47% | 1.38% |
 ELVElevance Health, Inc. | 1.35% | 2.31% | 1.35% |
 CICigna Group (The) | 1.25% | 1.98% | 1.25% |
 REGNRegeneron Pharmaceuticals, Inc. | 1.18% | 1.62% | 1.18% |
 HCAHCA Healthcare, Inc. | 1.12% | 1.44% | 1.12% |
 CORCencora, Inc. | 0.92% | 1.56% | 0.92% |
 ZTSZoetis Inc. | 0.82% | 1.71% | 0.82% |
Frequently Asked Questions
How much do FHLC and RSPH overlap?
FHLC and RSPH overlap by 49.9% of portfolio weight. They share 59 holdings (FHLC holds 337 positions and RSPH holds 59), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FHLC and RSPH?
The two portfolios are 49.9% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of FHLC and RSPH?
The largest positions held by both funds are UNH, BMY, PFE, TMO and CVS. Together the top 10 shared positions account for 35% of the total overlap.
What does FHLC own that RSPH doesn't?
278 positions (14.6% of FHLC) are unique to FHLC, led by ALNY, INSM and NTRA. In the other direction, 0 positions (0.0% of RSPH) are unique to RSPH.