FTEC vs PHO: Holdings Overlap
FTECFidelity MSCI Information Technology Index ETF
Fidelity · 282 holdings · $19.9B · as of 2026-04-30
PHOInvesco Water Resources ETF
Invesco · 36 holdings · $2.1B · as of 2026-04-30
How similar are FTEC and PHO?
Fidelity MSCI Information Technology Index ETF (FTEC, by Fidelity) holds 282 positions; Invesco Water Resources ETF (PHO, by Invesco) holds 36. They have 3 holdings in common, and by portfolio weight the two funds are 0.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3FTEC holds 282 · PHO holds 36
- Weight in Shared Holdings
- FTEC 0%·PHO 13%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
279 of 282 positions (99.5% of the fund) are not held by PHO. Showing the top 30 by weight.
Sector Breakdown
| Sector | FTEC | PHO |
|---|---|---|
| Information Technology | 99.2% | 13.0% |
| Industrials | 0.1% | 55.4% |
| Utilities | 0.0% | 12.8% |
| Health Care | 0.0% | 8.2% |
| Materials | 0.0% | 8.1% |
| Other Sectors | 0.6% | 0.0% |
| Unclassified | 0.0% | 2.5% |
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. “Unclassified” is weight we could not classify (0% of FTEC, 2% of PHO).
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% |
| PHO | +5.7% | +4.5% | +3.2% | +8.8% | +5.6% | +12.2% | 0.55% |
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 PHO →
Shared Holdings(3)
The top 3 shared positions account for 100% of the overlap, led by ROP, ITRI and BMI.
Frequently Asked Questions
How much do FTEC and PHO overlap?
FTEC and PHO overlap by 0.3% of portfolio weight. They share 3 holdings (FTEC holds 282 positions and PHO holds 36), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTEC and PHO?
The two portfolios are 0.3% 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 PHO?
The largest positions held by both funds are ROP, ITRI and BMI. Together the top 3 shared positions account for 100% of the total overlap.
What does FTEC own that PHO doesn't?
279 positions (99.5% of FTEC) are unique to FTEC, led by NVDA, AAPL and MSFT. In the other direction, 33 positions (86.9% of PHO) are unique to PHO.