FIDU vs XLI: Holdings Overlap
FIDUFidelity MSCI Industrials Index ETF
Fidelity · 359 holdings · $2.3B · as of 2026-04-30
XLIState Street® Industrial Select Sector SPDR® ETF
State Street (SPDR) · 83 holdings · $34.2B · as of 2026-08-06
Holdings snapshots are 98 days apart (FIDU: 2026-04-30, XLI: 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 XLI?
Fidelity MSCI Industrials Index ETF (FIDU, by Fidelity) holds 359 positions; State Street® Industrial Select Sector SPDR® ETF (XLI, by State Street (SPDR)) holds 83. They have 78 holdings in common, and by portfolio weight the two funds are 75.6% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 75.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 78FIDU holds 359 · XLI holds 83
- Weight in Shared Holdings
- FIDU 76%·XLI 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 FIDU
281 of 359 positions (24.1% of the fund) are not held by XLI. Showing the top 30 by weight.
Sector Breakdown
| Sector | FIDU | XLI |
|---|---|---|
| Industrials | 99.5% | 99.9% |
| Information Technology | 0.3% | 0.0% |
| 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 |
|---|---|---|---|---|---|---|---|
| FIDU | +1.6% | +20.2% | +25.0% | +20.8% | +14.0% | +14.2% | 0.91% |
| XLI | +1.5% | +20.0% | +24.5% | +20.8% | +14.0% | +14.2% | 1.11% |
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 XLI →
Shared Holdings(78)
The top 10 shared positions account for 41% of the overlap, led by CAT, GE and GEV.
 CATCaterpillar Inc COM | 5.96% | 6.79% | 5.96% |
|---|---|---|---|
 GEGeneral Electric Co. | 4.37% | 6.73% | 4.37% |
 GEVGE Vernova Inc. COM | 4.20% | 4.63% | 4.20% |
 RTXRTX Corp. COM | 3.38% | 5.18% | 3.38% |
 BABoeing Co. (The) | 2.56% | 3.15% | 2.56% |
 ETNEaton Corporation PLC COM USD0.01 | 2.40% | 2.99% | 2.40% |
 UNPUnion Pacific Corporation COM | 2.29% | 3.02% | 2.29% |
 DEDeere & Company COM | 2.17% | 2.66% | 2.17% |
 UBERUber Technologies Inc COM | 2.11% | 2.47% | 2.11% |
 VRTVertiv Holdings Co., Class A | 1.71% | 1.82% | 1.71% |
 PHParker-Hannifin Corp. COM | 1.64% | 2.32% | 1.64% |
 TTTrane Technologies PLC COM USD1 | 1.56% | 1.82% | 1.56% |
 PWRQuanta Services, Inc. COM | 1.55% | 1.73% | 1.55% |
 LMTLockheed Martin Corporation COM | 1.54% | 2.04% | 1.54% |
 WMWaste Management, Inc. COM | 1.34% | 1.46% | 1.34% |
 HWMHowmet Aerospace Inc COM | 1.33% | 1.99% | 1.33% |
 CMICummins Inc. COM | 1.32% | 1.53% | 1.32% |
 JCIJohnson Controls International PLC COM USD1.00 | 1.28% | 1.62% | 1.28% |
 ADPAutomatic Data Processing, Inc. COM | 1.23% | 1.88% | 1.23% |
 CSXCSX Corporation COM | 1.21% | 1.62% | 1.21% |
 FDXFedEx Corporation COM | 1.29% | 1.19% | 1.19% |
 UPSUnited Parcel Service, Inc., Class B | 1.15% | 1.33% | 1.15% |
 GDGeneral Dynamics Corporation COM | 1.13% | 1.69% | 1.13% |
 EMREmerson Electric Co. COM | 1.13% | 1.51% | 1.13% |
 NOCNorthrop Grumman Corporation COM | 1.12% | 1.30% | 1.12% |
Frequently Asked Questions
How much do FIDU and XLI overlap?
FIDU and XLI overlap by 75.6% of portfolio weight. They share 78 holdings (FIDU holds 359 positions and XLI holds 83), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FIDU and XLI?
The two portfolios are 75.6% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of FIDU and XLI?
The largest positions held by both funds are CAT, GE, GEV, RTX and BA. Together the top 10 shared positions account for 41% of the total overlap.
What does FIDU own that XLI doesn't?
281 positions (24.1% of FIDU) are unique to FIDU, led by HON, BE and WCN. In the other direction, 5 positions (3.2% of XLI) are unique to XLI.