FTCS vs SPY: Holdings Overlap
FTCSFirst Trust Capital Strength ETF
First Trust · 50 holdings · $7.9B · as of 2026-03-31
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 128 days apart (FTCS: 2026-03-31, 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 FTCS and SPY?
First Trust Capital Strength ETF (FTCS, by First Trust) holds 50 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 49 holdings in common, and by portfolio weight the two funds are 14.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 49FTCS holds 50 · SPY holds 504
- Weight in Shared Holdings
- FTCS 98%·SPY 24%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 FTCS
1 of 50 positions (2.1% of the fund) are not held by SPY.
HONHoneywell International Inc. COM2.13%
Sector Breakdown
| Sector | FTCS | SPY |
|---|---|---|
| Information Technology | 9.2% | 37.6% |
| Financials | 23.0% | 12.3% |
| Industrials | 21.5% | 8.8% |
| Consumer Staples | 17.0% | 4.5% |
| Health Care | 12.1% | 8.9% |
| Other Sectors | 17.2% | 27.8% |
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 |
|---|---|---|---|---|---|---|---|
| FTCS | +2.7% | +8.9% | +11.0% | +10.9% | +6.3% | +10.8% | 1.06% |
| 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 FTCS vs SPY →
Shared Holdings(49)
The top 10 shared positions account for 64% of the overlap, led by AAPL, MSFT and JNJ.
 AAPLApple Inc. COM | 2.05% | 6.92% | 2.05% |
|---|---|---|---|
 MSFTMicrosoft Corp. COM | 1.67% | 5.60% | 1.67% |
 JNJJohnson & Johnson COM | 2.31% | 0.93% | 0.93% |
 VVisa, Inc., Class A | 1.90% | 0.93% | 0.93% |
 WMTWalmart Inc COM | 2.15% | 0.74% | 0.74% |
 CSCOCisco Systems, Inc. COM | 2.13% | 0.72% | 0.72% |
 MAMasterCard Incorporated CL A | 1.92% | 0.70% | 0.70% |
 ABBVAbbVie Inc. COM | 2.10% | 0.65% | 0.65% |
 COSTCostco Wholesale Corporation COM | 2.14% | 0.63% | 0.63% |
 HDHome Depot, Inc. (The) | 1.79% | 0.52% | 0.52% |
 PGThe Procter & Gamble Co. COM | 2.07% | 0.52% | 0.52% |
 KOCoca-Cola Co (The) COM | 2.23% | 0.51% | 0.51% |
 LINLinde PLC COM EUR0.001 | 2.34% | 0.34% | 0.34% |
 PEPPepsico Inc COM | 2.20% | 0.29% | 0.29% |
 ABTAbbott Laboratories COM | 1.74% | 0.28% | 0.28% |
 TJXThe TJX Companies Inc. COM | 2.10% | 0.27% | 0.27% |
 SCHWThe Charles Schwab Corporation COM | 1.87% | 0.27% | 0.27% |
 GILDGilead Sciences Inc. COM | 2.31% | 0.24% | 0.24% |
 LMTLockheed Martin Corporation COM | 2.15% | 0.18% | 0.18% |
 ADPAutomatic Data Processing, Inc. COM | 1.61% | 0.16% | 0.16% |
 TTTrane Technologies PLC COM USD1 | 2.21% | 0.16% | 0.16% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 1.43% | 0.16% | 0.16% |
 GDGeneral Dynamics Corporation COM | 1.93% | 0.15% | 0.15% |
 MRSHMarsh & McLennan Companies, Inc. COM | 1.97% | 0.14% | 0.14% |
 ROSTRoss Stores Inc COM | 2.33% | 0.12% | 0.12% |
Frequently Asked Questions
How much do FTCS and SPY overlap?
FTCS and SPY overlap by 14.9% of portfolio weight. They share 49 holdings (FTCS holds 50 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTCS and SPY?
The two portfolios are 14.9% 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 FTCS and SPY?
The largest positions held by both funds are AAPL, MSFT, JNJ, V and WMT. Together the top 10 shared positions account for 64% of the total overlap.
What does FTCS own that SPY doesn't?
1 positions (2.1% of FTCS) are unique to FTCS, led by HON. In the other direction, 455 positions (76.2% of SPY) are unique to SPY.