FTCS vs USMV: Holdings Overlap
FTCSFirst Trust Capital Strength ETF
First Trust · 50 holdings · $7.9B · as of 2026-03-31
USMViShares MSCI USA Min Vol Factor ETF
iShares · 170 holdings · $24.1B · as of 2026-04-30
Holdings snapshots are 30 days apart (FTCS: 2026-03-31, USMV: 2026-04-30). 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 USMV?
First Trust Capital Strength ETF (FTCS, by First Trust) holds 50 positions; iShares MSCI USA Min Vol Factor ETF (USMV, by iShares) holds 170. They have 32 holdings in common, and by portfolio weight the two funds are 25.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 25.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 32FTCS holds 50 · USMV holds 170
- Weight in Shared Holdings
- FTCS 65%·USMV 25%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
18 of 50 positions (34.5% of the fund) are not held by USMV.
Sector Breakdown
| Sector | FTCS | USMV |
|---|---|---|
| Information Technology | 9.2% | 29.2% |
| Financials | 23.0% | 13.7% |
| Industrials | 21.5% | 6.9% |
| Consumer Staples | 17.0% | 9.9% |
| Health Care | 12.1% | 12.7% |
| Other Sectors | 17.2% | 27.3% |
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% |
| USMV | +2.3% | +7.6% | +10.3% | +12.2% | +7.4% | +9.9% | 1.44% |
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 USMV →
Shared Holdings(32)
The top 10 shared positions account for 50% of the overlap, led by CSCO, MSFT and JNJ.
 CSCOCisco Systems, Inc. COM | 2.13% | 1.80% | 1.80% |
|---|---|---|---|
 MSFTMicrosoft Corp. COM | 1.67% | 1.56% | 1.56% |
 JNJJohnson & Johnson COM | 2.31% | 1.43% | 1.43% |
 CORCencora Inc COM | 1.83% | 1.28% | 1.28% |
 KOCoca-Cola Co (The) COM | 2.23% | 1.19% | 1.19% |
 TJXThe TJX Companies Inc. COM | 2.10% | 1.15% | 1.15% |
 MAMasterCard Incorporated CL A | 1.92% | 1.15% | 1.15% |
 PGThe Procter & Gamble Co. COM | 2.07% | 1.10% | 1.10% |
 CBOECboe Global Markets Inc COM | 2.13% | 1.06% | 1.06% |
 PEPPepsico Inc COM | 2.20% | 1.01% | 1.01% |
 VVisa, Inc., Class A | 1.90% | 0.94% | 0.94% |
 CLColgate-Palmolive Co. COM | 2.09% | 0.89% | 0.89% |
 WMTWalmart Inc COM | 2.15% | 0.87% | 0.87% |
 NOCNorthrop Grumman Corporation COM | 2.12% | 0.85% | 0.85% |
 MRSHMarsh & McLennan Companies, Inc. COM | 1.97% | 0.83% | 0.83% |
 GILDGilead Sciences Inc. COM | 2.31% | 0.82% | 0.82% |
 AAPLApple Inc. COM | 2.05% | 0.82% | 0.82% |
 LMTLockheed Martin Corporation COM | 2.15% | 0.79% | 0.79% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 1.43% | 0.75% | 0.75% |
 MNSTMonster Beverage Corp COM | 1.92% | 0.72% | 0.72% |
 LINLinde PLC COM EUR0.001 | 2.34% | 0.69% | 0.69% |
 ADSKAutodesk Inc COM | 1.86% | 0.67% | 0.67% |
 ABTAbbott Laboratories COM | 1.74% | 0.67% | 0.67% |
 ABBVAbbVie Inc. COM | 2.10% | 0.63% | 0.63% |
 ACGLArch Capital Group Ltd. COM USD0.01 | 2.19% | 0.49% | 0.49% |
Frequently Asked Questions
How much do FTCS and USMV overlap?
FTCS and USMV overlap by 25.4% of portfolio weight. They share 32 holdings (FTCS holds 50 positions and USMV holds 170), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTCS and USMV?
The two portfolios are 25.4% 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 FTCS and USMV?
The largest positions held by both funds are CSCO, MSFT, JNJ, COR and KO. Together the top 10 shared positions account for 50% of the total overlap.
What does FTCS own that USMV doesn't?
18 positions (34.5% of FTCS) are unique to FTCS, led by ROST, TT and HON. In the other direction, 138 positions (74.3% of USMV) are unique to USMV.