FNCL vs VOO: Holdings Overlap
FNCLFidelity MSCI Financials Index ETF
Fidelity · 383 holdings · $2.4B · as of 2026-04-30
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
Holdings snapshots are 30 days apart (FNCL: 2026-04-30, VOO: 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 VOO?
Fidelity MSCI Financials Index ETF (FNCL, by Fidelity) holds 383 positions; Vanguard 500 Index Fund (VOO, by Vanguard) holds 504. They have 76 holdings in common, and by portfolio weight the two funds are 12.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 12.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 76FNCL holds 383 · VOO holds 504
- Weight in Shared Holdings
- FNCL 86%·VOO 12%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 VOO. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNCL | VOO |
|---|---|---|
| Financials | 99.6% | 12.4% |
| Information Technology | 0.0% | 32.7% |
| Communication Services | 0.0% | 10.5% |
| Consumer Discretionary | 0.0% | 9.9% |
| Health Care | 0.0% | 9.5% |
| Other Sectors | 0.0% | 24.9% |
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.
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% |
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
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 VOO →
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. COM | 10.10% | 1.34% | 1.34% |
 VVisa, Inc., Class A | 6.59% | 0.89% | 0.89% |
 MAMasterCard Incorporated CL A | 5.04% | 0.73% | 0.73% |
 BACBank of America Corp. COM | 4.34% | 0.56% | 0.56% |
 WFCWells Fargo & Co. COM | 3.06% | 0.44% | 0.44% |
 GSGoldman Sachs Group, Inc. (The) | 3.28% | 0.43% | 0.43% |
 MSMorgan Stanley COM NEW | 2.68% | 0.35% | 0.35% |
 CCitigroup Inc. COM NEW | 2.71% | 0.34% | 0.34% |
 AXPAmerican Express Company COM | 2.11% | 0.29% | 0.29% |
 SCHWThe Charles Schwab Corporation COM | 1.83% | 0.28% | 0.28% |
 BLKBlackrock Inc. COM | 1.86% | 0.25% | 0.25% |
 SPGIS&P Global Inc COM | 1.58% | 0.23% | 0.23% |
 AEXChubb Ltd. Switzerland ORD CHF24.15 | 1.45% | 0.21% | 0.21% |
 PGRThe Progressive Corporation COM | 1.40% | 0.21% | 0.21% |
 COFCapital One Financial Corp. COM | 1.44% | 0.20% | 0.20% |
 CMECME Group, Inc., Class A | 1.23% | 0.19% | 0.19% |
 ICEIntercontinental Exchange Inc COM | 1.07% | 0.16% | 0.16% |
 BXBlackstone Inc., Class A | 1.10% | 0.15% | 0.15% |
 PNCPNC Financial Services Group, Inc. (The) | 1.03% | 0.15% | 0.15% |
 MRSHMarsh & McLennan Companies, Inc. COM | 0.97% | 0.15% | 0.15% |
 BNYThe Bank of New York Mellon Corp. COM | 1.09% | 0.15% | 0.15% |
 USBU.S. Bancorp. COM NEW | 1.04% | 0.14% | 0.14% |
 AONAon plc, Class A | 0.75% | 0.12% | 0.12% |
 MCOMoodys Corp. COM | 0.88% | 0.12% | 0.12% |
Frequently Asked Questions
How much do FNCL and VOO overlap?
FNCL and VOO overlap by 12.4% of portfolio weight. They share 76 holdings (FNCL holds 383 positions and VOO holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNCL and VOO?
The two portfolios are 12.4% 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 VOO?
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 VOO doesn't?
307 positions (13.7% of FNCL) are unique to FNCL, led by LPLA, MKL and SOFI. In the other direction, 428 positions (87.3% of VOO) are unique to VOO.