FTEC vs IYZ: Holdings Overlap
FTECFidelity MSCI Information Technology Index ETF
Fidelity · 282 holdings · $19.9B · as of 2026-04-30
IYZiShares U.S. Telecommunications ETF
iShares · 21 holdings · $1.3B · as of 2026-03-31
Holdings snapshots are 30 days apart (FTEC: 2026-04-30, IYZ: 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 FTEC and IYZ?
Fidelity MSCI Information Technology Index ETF (FTEC, by Fidelity) holds 282 positions; iShares U.S. Telecommunications ETF (IYZ, by iShares) holds 21. They have 5 holdings in common, and by portfolio weight the two funds are 3.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5FTEC holds 282 · IYZ holds 21
- Weight in Shared Holdings
- FTEC 4%·IYZ 35%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
277 of 282 positions (96.1% of the fund) are not held by IYZ. Showing the top 30 by weight.
Sector Breakdown
| Sector | FTEC | IYZ |
|---|---|---|
| Information Technology | 99.2% | 38.4% |
| Communication Services | 0.5% | 61.4% |
| Consumer Discretionary | 0.1% | 0.0% |
| Industrials | 0.1% | 0.0% |
| 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% |
| IYZ | +7.6% | +29.6% | +46.8% | +27.9% | +7.6% | +5.2% | 1.61% |
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 IYZ →
Shared Holdings(5)
The top 5 shared positions account for 100% of the overlap, led by CSCO, ANET and CIEN.
 CSCOCisco Systems, Inc. COM | 1.66% | 19.13% | 1.66% |
|---|---|---|---|
 ANETArista Networks Inc COM SHS | 0.89% | 3.98% | 0.89% |
 CIENCiena Corporation COM NEW | 0.45% | 4.25% | 0.45% |
 LITELumentum Holdings Inc. COM | 0.39% | 3.88% | 0.39% |
 MSIMotorola Solutions Inc COM NEW | 0.38% | 3.71% | 0.38% |
Frequently Asked Questions
How much do FTEC and IYZ overlap?
FTEC and IYZ overlap by 3.8% of portfolio weight. They share 5 holdings (FTEC holds 282 positions and IYZ holds 21), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTEC and IYZ?
The two portfolios are 3.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FTEC and IYZ?
The largest positions held by both funds are CSCO, ANET, CIEN, LITE and MSI. Together the top 5 shared positions account for 100% of the total overlap.
What does FTEC own that IYZ doesn't?
277 positions (96.1% of FTEC) are unique to FTEC, led by NVDA, AAPL and MSFT. In the other direction, 16 positions (64.9% of IYZ) are unique to IYZ.