FIDU vs IWP: Holdings Overlap
FIDUFidelity MSCI Industrials Index ETF
Fidelity · 359 holdings · $2.3B · as of 2026-04-30
IWPiShares Russell Mid-Cap Growth ETF
iShares · 277 holdings · $20.5B · as of 2026-03-31
Holdings snapshots are 30 days apart (FIDU: 2026-04-30, IWP: 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 FIDU and IWP?
Fidelity MSCI Industrials Index ETF (FIDU, by Fidelity) holds 359 positions; iShares Russell Mid-Cap Growth ETF (IWP, by iShares) holds 277. They have 51 holdings in common, and by portfolio weight the two funds are 13.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 13.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 51FIDU holds 359 · IWP holds 277
- Weight in Shared Holdings
- FIDU 17%·IWP 24%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 FIDU
308 of 359 positions (82.9% of the fund) are not held by IWP. Showing the top 30 by weight.
Sector Breakdown
| Sector | FIDU | IWP |
|---|---|---|
| Industrials | 99.5% | 24.4% |
| Consumer Discretionary | 0.0% | 21.2% |
| Information Technology | 0.3% | 15.6% |
| Health Care | 0.0% | 14.9% |
| Financials | 0.0% | 8.5% |
| Other Sectors | 0.0% | 15.3% |
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 |
|---|---|---|---|---|---|---|---|
| FIDU | +1.6% | +20.2% | +25.0% | +20.8% | +14.0% | +14.2% | 0.91% |
| IWP | +1.5% | +5.4% | +3.1% | +14.6% | +5.1% | +12.1% | 0.34% |
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 FIDU vs IWP →
Shared Holdings(51)
The top 10 shared positions account for 66% of the overlap, led by VRT, PWR and HWM.
 VRTVertiv Holdings Co., Class A | 1.71% | 3.43% | 1.71% |
|---|---|---|---|
 PWRQuanta Services, Inc. | 1.55% | 2.25% | 1.55% |
 HWMHowmet Aerospace, Inc. | 1.33% | 3.32% | 1.33% |
 FIXComfort Systems USA, Inc. | 0.93% | 1.73% | 0.93% |
 GWWWW Grainger, Inc. | 0.75% | 1.46% | 0.75% |
 FASTFastenal Co. | 0.74% | 1.57% | 0.74% |
 RKLBRocket Lab Corp. | 0.57% | 1.13% | 0.57% |
 AXONAxon Enterprise, Inc. | 0.43% | 1.16% | 0.43% |
 EMEEMCOR Group, Inc. | 0.57% | 0.41% | 0.41% |
 VRSKVerisk Analytics, Inc. | 0.37% | 0.57% | 0.37% |
 FTAIFTAI Aviation Ltd. | 0.37% | 0.90% | 0.37% |
 PAYXPaychex, Inc. | 0.43% | 0.34% | 0.34% |
 VLTOVeralto Corp. | 0.31% | 0.31% | 0.31% |
 BRBroadridge Financial Solutions, Inc. | 0.26% | 0.62% | 0.26% |
 LIILennox International, Inc. | 0.24% | 0.53% | 0.24% |
 ROLRollins, Inc. | 0.23% | 0.58% | 0.23% |
 HEI-AHEICO Corp., Class A | 0.23% | 0.57% | 0.23% |
 HEIHEICO Corp. | 0.17% | 0.42% | 0.17% |
 XPOXPO, Inc. | 0.37% | 0.17% | 0.17% |
 MTZMasTec, Inc. | 0.35% | 0.15% | 0.15% |
 EFXEquifax, Inc. | 0.30% | 0.14% | 0.14% |
 CNMCore & Main, Inc., Class A | 0.14% | 0.20% | 0.14% |
 BAHBooz Allen Hamilton Holding Corp. | 0.13% | 0.34% | 0.13% |
 RBCRBC Bearings, Inc. | 0.26% | 0.12% | 0.12% |
 CRSCarpenter Technology Corp. | 0.31% | 0.12% | 0.12% |
Frequently Asked Questions
How much do FIDU and IWP overlap?
FIDU and IWP overlap by 13.3% of portfolio weight. They share 51 holdings (FIDU holds 359 positions and IWP holds 277), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FIDU and IWP?
The two portfolios are 13.3% 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 FIDU and IWP?
The largest positions held by both funds are VRT, PWR, HWM, FIX and GWW. Together the top 10 shared positions account for 66% of the total overlap.
What does FIDU own that IWP doesn't?
308 positions (82.9% of FIDU) are unique to FIDU, led by CAT, GE and GEV. In the other direction, 226 positions (75.5% of IWP) are unique to IWP.