FTCS vs XLF: Holdings Overlap
FTCSFirst Trust Capital Strength ETF
First Trust · 50 holdings · $7.9B · as of 2026-03-31
XLFState Street® Financial Select Sector SPDR® ETF
State Street (SPDR) · 77 holdings · $59.1B · as of 2026-08-06
Holdings snapshots are 128 days apart (FTCS: 2026-03-31, XLF: 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 XLF?
First Trust Capital Strength ETF (FTCS, by First Trust) holds 50 positions; State Street® Financial Select Sector SPDR® ETF (XLF, by State Street (SPDR)) holds 77. They have 12 holdings in common, and by portfolio weight the two funds are 10.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12FTCS holds 50 · XLF holds 77
- Weight in Shared Holdings
- FTCS 23%·XLF 20%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
38 of 50 positions (76.9% of the fund) are not held by XLF. Showing the top 30 by weight.
Only in XLF
65 of 77 positions (79.4% of the fund) are not held by FTCS. Showing the top 30 by weight.
Sector Breakdown
| Sector | FTCS | XLF |
|---|---|---|
| Financials | 23.0% | 99.8% |
| Industrials | 21.5% | 0.0% |
| Consumer Staples | 17.0% | 0.0% |
| Health Care | 12.1% | 0.0% |
| Information Technology | 9.2% | 0.0% |
| Other Sectors | 17.2% | 0.0% |
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 |
|---|---|---|---|---|---|---|---|
| FTCS | +2.7% | +8.9% | +11.0% | +10.9% | +6.3% | +10.8% | 1.06% |
| XLF | +2.8% | +6.1% | +13.9% | +19.5% | +10.7% | +13.5% | 1.40% |
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 XLF →
Shared Holdings(12)
The top 10 shared positions account for 95% of the overlap, led by MA, V and SCHW.
 MAMasterCard Incorporated CL A | 1.92% | 5.69% | 1.92% |
|---|---|---|---|
 VVisa, Inc., Class A | 1.90% | 7.53% | 1.90% |
 SCHWThe Charles Schwab Corporation COM | 1.87% | 2.16% | 1.87% |
 MRSHMarsh & McLennan Companies, Inc. COM | 1.97% | 1.14% | 1.14% |
 MCOMoodys Corp. COM | 1.67% | 0.87% | 0.87% |
 AFLAflac Incorporated COM | 2.07% | 0.71% | 0.71% |
 AMPAmeriprise Financial, Inc. COM | 1.81% | 0.62% | 0.62% |
 ACGLArch Capital Group Ltd. COM USD0.01 | 2.19% | 0.42% | 0.42% |
 RJFRaymond James Financial Inc. COM | 1.74% | 0.38% | 0.38% |
 CBOECboe Global Markets Inc COM | 2.13% | 0.37% | 0.37% |
 TROWPrice T Rowe Group Inc. COM | 1.75% | 0.30% | 0.30% |
 WRBW.R. Berkley Corporation COM | 2.02% | 0.26% | 0.26% |
Frequently Asked Questions
How much do FTCS and XLF overlap?
FTCS and XLF overlap by 10.8% of portfolio weight. They share 12 holdings (FTCS holds 50 positions and XLF holds 77), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTCS and XLF?
The two portfolios are 10.8% 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 XLF?
The largest positions held by both funds are MA, V, SCHW, MRSH and MCO. Together the top 10 shared positions account for 95% of the total overlap.
What does FTCS own that XLF doesn't?
38 positions (76.9% of FTCS) are unique to FTCS, led by EOG, LIN and ROST. In the other direction, 65 positions (79.4% of XLF) are unique to XLF.