FNCL vs VTI: Holdings Overlap
FNCLFidelity MSCI Financials Index ETF
Fidelity · 383 holdings · $2.4B · as of 2026-04-30
VTIVanguard Total Stock Market Index Fund
Vanguard · 3505 holdings · $696.4B · as of 2026-03-31
Holdings snapshots are 30 days apart (FNCL: 2026-04-30, VTI: 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 VTI?
Fidelity MSCI Financials Index ETF (FNCL, by Fidelity) holds 383 positions; Vanguard Total Stock Market Index Fund (VTI, by Vanguard) holds 3505. They have 380 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
- 380FNCL holds 383 · VTI holds 3505
- Weight in Shared Holdings
- FNCL 100%·VTI 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
3 of 383 positions (0.1% of the fund) are not held by VTI.
Sector Breakdown
| Sector | FNCL | VTI |
|---|---|---|
| Financials | 99.6% | 12.7% |
| Information Technology | 0.0% | 30.5% |
| Industrials | 0.0% | 10.4% |
| Health Care | 0.0% | 10.0% |
| Consumer Discretionary | 0.0% | 9.8% |
| Other Sectors | 0.0% | 26.0% |
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 |
|---|---|---|---|---|---|---|---|
| FNCL | +2.7% | +6.6% | +14.3% | +20.1% | +10.8% | +13.3% | 1.54% |
| VTI | +3.3% | +14.6% | +24.2% | +20.9% | +12.3% | +14.9% | 1.02% |
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 VTI →
Shared Holdings(380)
The top 10 shared positions account for 48% of the overlap, led by BRK-B, JPM and V.
 BRK-BBerkshire Hathaway, Inc., Class B | 7.72% | 1.37% | 1.37% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 10.10% | 1.19% | 1.19% |
 VVisa, Inc., Class A | 6.59% | 0.79% | 0.79% |
 MAMasterCard Incorporated CL A | 5.04% | 0.63% | 0.63% |
 BACBank of America Corp. COM | 4.34% | 0.48% | 0.48% |
 WFCWells Fargo & Co. COM | 3.06% | 0.39% | 0.39% |
 GSGoldman Sachs Group, Inc. (The) | 3.28% | 0.38% | 0.38% |
 MSMorgan Stanley COM NEW | 2.68% | 0.31% | 0.31% |
 CCitigroup Inc. COM NEW | 2.71% | 0.31% | 0.31% |
 SCHWThe Charles Schwab Corporation COM | 1.83% | 0.25% | 0.25% |
 AXPAmerican Express Company COM | 2.11% | 0.23% | 0.23% |
 BLKBlackrock Inc. COM | 1.86% | 0.21% | 0.21% |
 SPGIS&P Global Inc COM | 1.58% | 0.20% | 0.20% |
 PGRThe Progressive Corporation COM | 1.40% | 0.19% | 0.19% |
 AEXChubb Ltd. Switzerland ORD CHF24.15 | 1.45% | 0.18% | 0.18% |
 COFCapital One Financial Corp. COM | 1.44% | 0.18% | 0.18% |
 CMECME Group, Inc., Class A | 1.23% | 0.17% | 0.17% |
 ICEIntercontinental Exchange Inc COM | 1.07% | 0.14% | 0.14% |
 BXBlackstone Inc., Class A | 1.10% | 0.14% | 0.14% |
 MRSHMarsh & McLennan Companies, Inc. COM | 0.97% | 0.13% | 0.13% |
 PNCPNC Financial Services Group, Inc. (The) | 1.03% | 0.13% | 0.13% |
 BNYThe Bank of New York Mellon Corp. COM | 1.09% | 0.13% | 0.13% |
 USBU.S. Bancorp. COM NEW | 1.04% | 0.13% | 0.13% |
 AONAon plc, Class A | 0.75% | 0.10% | 0.10% |
 MCOMoodys Corp. COM | 0.88% | 0.10% | 0.10% |
Showing the top 250 of 380 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNCL and VTI overlap?
FNCL and VTI overlap by 12.6% of portfolio weight. They share 380 holdings (FNCL holds 383 positions and VTI holds 3505), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNCL and VTI?
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 VTI?
The largest positions held by both funds are BRK-B, JPM, V, MA and BAC. Together the top 10 shared positions account for 48% of the total overlap.
What does FNCL own that VTI doesn't?
3 positions (0.1% of FNCL) are unique to FNCL, led by FRHC, HG and Burford Capital Ltd. In the other direction, 3125 positions (87.0% of VTI) are unique to VTI.