FIDU vs SPY: Holdings Overlap
FIDUFidelity MSCI Industrials Index ETF
Fidelity · 359 holdings · $2.3B · as of 2026-04-30
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 98 days apart (FIDU: 2026-04-30, SPY: 2026-08-06). 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 SPY?
Fidelity MSCI Industrials Index ETF (FIDU, by Fidelity) holds 359 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 78 holdings in common, and by portfolio weight the two funds are 8.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 78FIDU holds 359 · SPY holds 504
- Weight in Shared Holdings
- FIDU 76%·SPY 8%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
281 of 359 positions (24.1% of the fund) are not held by SPY. Showing the top 30 by weight.
Sector Breakdown
| Sector | FIDU | SPY |
|---|---|---|
| Industrials | 99.5% | 8.8% |
| Information Technology | 0.3% | 37.6% |
| Financials | 0.0% | 12.3% |
| Communication Services | 0.0% | 9.7% |
| Consumer Discretionary | 0.0% | 9.3% |
| Other Sectors | 0.0% | 22.3% |
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% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 SPY →
Shared Holdings(78)
The top 10 shared positions account for 41% of the overlap, led by CAT, GE and RTX.
 CATCaterpillar Inc COM | 5.96% | 0.59% | 0.59% |
|---|---|---|---|
 GEGeneral Electric Co. | 4.37% | 0.59% | 0.59% |
 RTXRTX Corp. COM | 3.38% | 0.45% | 0.45% |
 GEVGE Vernova Inc. COM | 4.20% | 0.41% | 0.41% |
 BABoeing Co. (The) | 2.56% | 0.28% | 0.28% |
 UNPUnion Pacific Corporation COM | 2.29% | 0.26% | 0.26% |
 ETNEaton Corporation PLC COM USD0.01 | 2.40% | 0.26% | 0.26% |
 DEDeere & Company COM | 2.17% | 0.23% | 0.23% |
 UBERUber Technologies Inc COM | 2.11% | 0.22% | 0.22% |
 PHParker-Hannifin Corp. COM | 1.64% | 0.20% | 0.20% |
 LMTLockheed Martin Corporation COM | 1.54% | 0.18% | 0.18% |
 HWMHowmet Aerospace Inc COM | 1.33% | 0.17% | 0.17% |
 ADPAutomatic Data Processing, Inc. COM | 1.23% | 0.16% | 0.16% |
 TTTrane Technologies PLC COM USD1 | 1.56% | 0.16% | 0.16% |
 VRTVertiv Holdings Co., Class A | 1.71% | 0.16% | 0.16% |
 PWRQuanta Services, Inc. COM | 1.55% | 0.15% | 0.15% |
 GDGeneral Dynamics Corporation COM | 1.13% | 0.15% | 0.15% |
 JCIJohnson Controls International PLC COM USD1.00 | 1.28% | 0.14% | 0.14% |
 MMM3M Company COM | 1.11% | 0.14% | 0.14% |
 CSXCSX Corporation COM | 1.21% | 0.14% | 0.14% |
 CMICummins Inc. COM | 1.32% | 0.13% | 0.13% |
 EMREmerson Electric Co. COM | 1.13% | 0.13% | 0.13% |
 WMWaste Management, Inc. COM | 1.34% | 0.13% | 0.13% |
 ITWIllinois Tool Works Inc. COM | 1.02% | 0.12% | 0.12% |
 UPSUnited Parcel Service, Inc., Class B | 1.15% | 0.12% | 0.12% |
Frequently Asked Questions
How much do FIDU and SPY overlap?
FIDU and SPY overlap by 8.5% of portfolio weight. They share 78 holdings (FIDU holds 359 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FIDU and SPY?
The two portfolios are 8.5% 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 SPY?
The largest positions held by both funds are CAT, GE, RTX, GEV and BA. Together the top 10 shared positions account for 41% of the total overlap.
What does FIDU own that SPY doesn't?
281 positions (24.1% of FIDU) are unique to FIDU, led by HON, BE and WCN. In the other direction, 426 positions (91.4% of SPY) are unique to SPY.