FHLC vs VBK: Holdings Overlap
FHLCFidelity MSCI Health Care Index ETF
Fidelity · 337 holdings · $3.3B · as of 2026-04-30
VBKVanguard Small-cap Growth Index Fund
Vanguard · 551 holdings · $24.3B · as of 2026-03-31
Holdings snapshots are 30 days apart (FHLC: 2026-04-30, VBK: 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 VBK?
Fidelity MSCI Health Care Index ETF (FHLC, by Fidelity) holds 337 positions; Vanguard Small-cap Growth Index Fund (VBK, by Vanguard) holds 551. They have 97 holdings in common, and by portfolio weight the two funds are 8.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 97FHLC holds 337 · VBK holds 551
- Weight in Shared Holdings
- FHLC 8%·VBK 16%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
240 of 337 positions (91.6% of the fund) are not held by VBK. Showing the top 30 by weight.
Only in VBK
454 of 551 positions (83.7% of the fund) are not held by FHLC. Showing the top 30 by weight.
Sector Breakdown
| Sector | FHLC | VBK |
|---|---|---|
| Health Care | 99.6% | 16.1% |
| Industrials | 0.0% | 24.6% |
| Information Technology | 0.0% | 21.6% |
| Consumer Discretionary | 0.0% | 9.9% |
| Financials | 0.0% | 6.1% |
| Other Sectors | 0.0% | 20.6% |
| Unclassified | 0.0% | 0.9% |
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. “Unclassified” is weight we could not classify (0% of FHLC, 1% of VBK).
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% |
| VBK | +1.8% | +19.6% | +29.4% | +16.6% | +5.3% | +11.4% | 0.42% |
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 VBK →
Shared Holdings(97)
The top 10 shared positions account for 33% of the overlap, led by INSM, NTRA and RVMD.
 INSMInsmed Inc COM PAR $.01 | 0.47% | 0.59% | 0.47% |
|---|---|---|---|
 NTRANatera Inc. COM | 0.44% | 0.88% | 0.44% |
 RVMDRevolution Medicines Inc COM | 0.38% | 0.61% | 0.38% |
 INCYIncyte Corporation. COM | 0.26% | 0.53% | 0.26% |
 NBIXNeurocrine Biosciences Inc COM | 0.21% | 0.44% | 0.21% |
 PENPenumbra Inc. COM | 0.20% | 0.41% | 0.20% |
 PODDInsulet Corporation COM | 0.20% | 0.25% | 0.20% |
 IONSIonis Pharmaceuticals, Inc. COM | 0.19% | 0.39% | 0.19% |
 EXELExelixis, Inc. COM | 0.18% | 0.35% | 0.18% |
 ENSGEnsign Group, Inc. (The) | 0.17% | 0.39% | 0.17% |
 ROIVRoivant Sciences Ltd SHS | 0.17% | 0.43% | 0.17% |
 BBIOBridgebio Pharma Inc COM | 0.17% | 0.43% | 0.17% |
 GMEDGlobus Medical, Inc., Class A | 0.16% | 0.32% | 0.16% |
 BMRNBiomarin Pharmaceutical Inc. COM | 0.16% | 0.36% | 0.16% |
 GHGuardant Health Inc COM | 0.16% | 0.38% | 0.16% |
 MEDPMedpace Holdings Inc. COM | 0.15% | 0.36% | 0.15% |
 ARWRArrowhead Pharmaceuticals Inc COM | 0.15% | 0.28% | 0.15% |
 TECHBio-Techne Corp COM | 0.14% | 0.27% | 0.14% |
 GKOSGlaukos Corp. COM | 0.13% | 0.20% | 0.13% |
| Masimo Corporation COM | 0.13% | 0.27% | 0.13% |
 MDGLMadrigal Pharmaceuticals Inc COM | 0.12% | 0.32% | 0.12% |
 HALOHalozyme Therapeutics Inc COM | 0.12% | 0.25% | 0.12% |
 CYTKCytokinetics Incorporated | 0.12% | 0.27% | 0.12% |
 AXSMAxsome Therapeutics Inc. COM | 0.12% | 0.25% | 0.12% |
 HQYHealthequity Inc COM | 0.11% | 0.24% | 0.11% |
Frequently Asked Questions
How much do FHLC and VBK overlap?
FHLC and VBK overlap by 8.0% of portfolio weight. They share 97 holdings (FHLC holds 337 positions and VBK holds 551), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FHLC and VBK?
The two portfolios are 8.0% 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 VBK?
The largest positions held by both funds are INSM, NTRA, RVMD, INCY and NBIX. Together the top 10 shared positions account for 33% of the total overlap.
What does FHLC own that VBK doesn't?
240 positions (91.6% of FHLC) are unique to FHLC, led by LLY, JNJ and ABBV. In the other direction, 454 positions (83.7% of VBK) are unique to VBK.