FTEC vs IYW: Holdings Overlap
FTECFidelity MSCI Information Technology Index ETF
Fidelity · 282 holdings · $19.9B · as of 2026-04-30
IYWiShares U.S. Technology ETF
iShares · 139 holdings · $25.2B · as of 2026-04-30
How similar are FTEC and IYW?
Fidelity MSCI Information Technology Index ETF (FTEC, by Fidelity) holds 282 positions; iShares U.S. Technology ETF (IYW, by iShares) holds 139. They have 109 holdings in common, and by portfolio weight the two funds are 73.0% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 73.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 109FTEC holds 282 · IYW holds 139
- Weight in Shared Holdings
- FTEC 85%·IYW 81%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 FTEC
173 of 282 positions (15.2% of the fund) are not held by IYW. Showing the top 30 by weight.
Sector Breakdown
| Sector | FTEC | IYW |
|---|---|---|
| Information Technology | 99.2% | 80.4% |
| Communication Services | 0.5% | 17.9% |
| Industrials | 0.1% | 1.0% |
| Consumer Discretionary | 0.1% | 0.4% |
| Financials | 0.0% | 0.1% |
| Other Sectors | 0.0% | 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 |
|---|---|---|---|---|---|---|---|
| FTEC | +6.4% | +29.3% | +41.1% | +31.8% | +19.5% | +24.4% | 0.35% |
| IYW | +4.4% | +27.3% | +39.7% | +32.8% | +19.8% | +24.9% | 0.10% |
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 FTEC vs IYW →
Shared Holdings(109)
The top 10 shared positions account for 67% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 17.97% | 16.23% | 16.23% |
|---|---|---|---|
 AAPLApple Inc. COM | 14.36% | 13.63% | 13.63% |
 MSFTMicrosoft Corp. COM | 9.53% | 3.99% | 3.99% |
 AVGOBroadcom Inc COM | 5.01% | 3.78% | 3.78% |
 MUMicron Technology Inc. COM | 2.63% | 2.98% | 2.63% |
 AMDAdvanced Micro Devices Inc. COM | 2.59% | 3.50% | 2.59% |
 INTCIntel Corporation COM | 1.99% | 2.56% | 1.99% |
 LRCXLam Research Corporation COM NEW | 1.49% | 1.98% | 1.49% |
 AMATApplied Materials Inc. COM | 1.44% | 1.92% | 1.44% |
 PLTRPalantir Technologies, Inc., Class A | 1.40% | 1.86% | 1.40% |
 ORCLOracle Corp. COM | 1.22% | 1.67% | 1.22% |
 TXNTexas Instruments Inc. COM | 1.20% | 1.57% | 1.20% |
 KLACKLA Corp. COM NEW | 1.09% | 1.41% | 1.09% |
 IBMInternational Business Machines Corp. COM | 0.99% | 1.32% | 0.99% |
 ADIAnalog Devices Inc. COM | 0.94% | 1.21% | 0.94% |
 QCOMQUALCOMM Inc. COM | 0.92% | 1.18% | 0.92% |
 APHAmphenol Corporation CL A | 0.86% | 1.10% | 0.86% |
 SNDKSandisk Corporation COM | 0.80% | 0.96% | 0.80% |
 CRMSalesforce Inc. COM | 0.77% | 0.99% | 0.77% |
 WDCWestern Digital Corp. COM | 0.76% | 0.91% | 0.76% |
 MRVLMarvell Technology Inc COM | 0.75% | 0.86% | 0.75% |
 PANWPalo Alto Networks Inc COM | 0.69% | 0.88% | 0.69% |
 GLWCorning Incorporated COM | 0.67% | 0.79% | 0.67% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.55% | 0.68% | 0.55% |
 APPAppLovin Corp., Class A | 0.51% | 0.65% | 0.51% |
Frequently Asked Questions
How much do FTEC and IYW overlap?
FTEC and IYW overlap by 73.0% of portfolio weight. They share 109 holdings (FTEC holds 282 positions and IYW holds 139), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTEC and IYW?
The two portfolios are 73.0% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of FTEC and IYW?
The largest positions held by both funds are NVDA, AAPL, MSFT, AVGO and MU. Together the top 10 shared positions account for 67% of the total overlap.
What does FTEC own that IYW doesn't?
173 positions (15.2% of FTEC) are unique to FTEC, led by CSCO, ANET and STX. In the other direction, 30 positions (19.1% of IYW) are unique to IYW.