FNCL vs IVV: Holdings Overlap
FNCLFidelity MSCI Financials Index ETF
Fidelity · 383 holdings · $2.4B · as of 2026-04-30
iShares · 503 holdings · $901.0B · as of 2026-03-31
Holdings snapshots are 30 days apart (FNCL: 2026-04-30, IVV: 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 FNCL and IVV?
Fidelity MSCI Financials Index ETF (FNCL, by Fidelity) holds 383 positions; iShares Core S&P 500 ETF (IVV, by iShares) holds 503. They have 76 holdings in common, and by portfolio weight the two funds are 12.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 12.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 76FNCL holds 383 · IVV holds 503
- Weight in Shared Holdings
- FNCL 86%·IVV 13%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 FNCL
307 of 383 positions (13.7% of the fund) are not held by IVV. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNCL | IVV |
|---|---|---|
| Financials | 99.6% | 12.6% |
| Information Technology | 0.0% | 32.6% |
| Communication Services | 0.0% | 10.5% |
| Consumer Discretionary | 0.0% | 9.8% |
| Health Care | 0.0% | 9.4% |
| Other Sectors | 0.0% | 24.8% |
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 |
|---|---|---|---|---|---|---|---|
| FNCL | +2.7% | +6.6% | +14.3% | +20.1% | +10.8% | +13.3% | 1.54% |
| IVV | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.05% |
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 FNCL vs IVV →
Shared Holdings(76)
The top 10 shared positions account for 56% of the overlap, led by BRK-B, JPM and V.
 BRK-BBerkshire Hathaway, Inc., Class B | 7.72% | 1.57% | 1.57% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. | 10.10% | 1.42% | 1.42% |
 VVisa, Inc., Class A | 6.59% | 0.91% | 0.91% |
 MAMastercard, Inc., Class A | 5.04% | 0.73% | 0.73% |
 BACBank of America Corp. | 4.34% | 0.58% | 0.58% |
 GSGoldman Sachs Group, Inc. (The) | 3.28% | 0.45% | 0.45% |
 WFCWells Fargo & Co. | 3.06% | 0.44% | 0.44% |
 CCitigroup, Inc. | 2.71% | 0.35% | 0.35% |
 MSMorgan Stanley | 2.68% | 0.35% | 0.35% |
 AXPAmerican Express Co. | 2.11% | 0.29% | 0.29% |
 SCHWCharles Schwab Corp. (The) | 1.83% | 0.28% | 0.28% |
 BLKBlackRock, Inc. | 1.86% | 0.25% | 0.25% |
 SPGIS&P Global, Inc. | 1.58% | 0.23% | 0.23% |
 AEXChubb Ltd. | 1.45% | 0.21% | 0.21% |
 PGRProgressive Corp. (The) | 1.40% | 0.21% | 0.21% |
 COFCapital One Financial Corp. | 1.44% | 0.20% | 0.20% |
 CMECME Group, Inc., Class A | 1.23% | 0.19% | 0.19% |
 ICEIntercontinental Exchange, Inc. | 1.07% | 0.16% | 0.16% |
 BXBlackstone, Inc. | 1.10% | 0.15% | 0.15% |
 PNCPNC Financial Services Group, Inc. (The) | 1.03% | 0.15% | 0.15% |
 MRSHMarsh & McLennan Cos., Inc. | 0.97% | 0.15% | 0.15% |
 BNYBank of New York Mellon Corp. (The) | 1.09% | 0.15% | 0.15% |
 USBUS Bancorp | 1.04% | 0.14% | 0.14% |
 AONAon plc, Class A | 0.75% | 0.12% | 0.12% |
 MCOMoody's Corp. | 0.88% | 0.12% | 0.12% |
Frequently Asked Questions
How much do FNCL and IVV overlap?
FNCL and IVV overlap by 12.6% of portfolio weight. They share 76 holdings (FNCL holds 383 positions and IVV holds 503), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNCL and IVV?
The two portfolios are 12.6% 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 FNCL and IVV?
The largest positions held by both funds are BRK-B, JPM, V, MA and BAC. Together the top 10 shared positions account for 56% of the total overlap.
What does FNCL own that IVV doesn't?
307 positions (13.7% of FNCL) are unique to FNCL, led by LPLA, MKL and SOFI. In the other direction, 427 positions (87.2% of IVV) are unique to IVV.