FTEC vs SPY: Holdings Overlap
FTECFidelity MSCI Information Technology Index ETF
Fidelity · 282 holdings · $19.9B · as of 2026-04-30
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 98 days apart (FTEC: 2026-04-30, SPY: 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 FTEC and SPY?
Fidelity MSCI Information Technology Index ETF (FTEC, by Fidelity) holds 282 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 74 holdings in common, and by portfolio weight the two funds are 37.7% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 37.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 74FTEC holds 282 · SPY holds 504
- Weight in Shared Holdings
- FTEC 86%·SPY 38%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
208 of 282 positions (13.8% of the fund) are not held by SPY. Showing the top 30 by weight.
Only in SPY
430 of 504 positions (62.2% of the fund) are not held by FTEC. Showing the top 30 by weight.
Sector Breakdown
| Sector | FTEC | SPY |
|---|---|---|
| Information Technology | 99.2% | 37.6% |
| Financials | 0.0% | 12.3% |
| Communication Services | 0.5% | 9.7% |
| Consumer Discretionary | 0.1% | 9.3% |
| Health Care | 0.0% | 8.9% |
| Other Sectors | 0.1% | 22.1% |
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% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 SPY →
Shared Holdings(74)
The top 10 shared positions account for 77% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 17.97% | 8.00% | 8.00% |
|---|---|---|---|
 AAPLApple Inc. COM | 14.36% | 6.92% | 6.92% |
 MSFTMicrosoft Corp. COM | 9.53% | 5.60% | 5.60% |
 AVGOBroadcom Inc COM | 5.01% | 3.00% | 3.00% |
 MUMicron Technology Inc. COM | 2.63% | 1.50% | 1.50% |
 AMDAdvanced Micro Devices Inc. COM | 2.59% | 1.20% | 1.20% |
 CSCOCisco Systems, Inc. COM | 1.66% | 0.72% | 0.72% |
 INTCIntel Corporation COM | 1.99% | 0.71% | 0.71% |
 AMATApplied Materials Inc. COM | 1.44% | 0.63% | 0.63% |
 LRCXLam Research Corporation COM NEW | 1.49% | 0.58% | 0.58% |
 PLTRPalantir Technologies, Inc., Class A | 1.40% | 0.54% | 0.54% |
 PANWPalo Alto Networks Inc COM | 0.69% | 0.44% | 0.44% |
 TXNTexas Instruments Inc. COM | 1.20% | 0.38% | 0.38% |
 KLACKLA Corp. COM NEW | 1.09% | 0.38% | 0.38% |
 ORCLOracle Corp. COM | 1.22% | 0.37% | 0.37% |
 IBMInternational Business Machines Corp. COM | 0.99% | 0.33% | 0.33% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.55% | 0.32% | 0.32% |
 APHAmphenol Corporation CL A | 0.86% | 0.32% | 0.32% |
 ANETArista Networks Inc COM SHS | 0.89% | 0.30% | 0.30% |
 STXSeagate Technology Holdings PLC ORD SHS | 0.76% | 0.29% | 0.29% |
 SNDKSandisk Corporation COM | 0.80% | 0.28% | 0.28% |
 MRVLMarvell Technology Inc COM | 0.75% | 0.28% | 0.28% |
 ADIAnalog Devices Inc. COM | 0.94% | 0.28% | 0.28% |
 QCOMQUALCOMM Inc. COM | 0.92% | 0.25% | 0.25% |
 WDCWestern Digital Corp. COM | 0.76% | 0.23% | 0.23% |
Frequently Asked Questions
How much do FTEC and SPY overlap?
FTEC and SPY overlap by 37.7% of portfolio weight. They share 74 holdings (FTEC holds 282 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTEC and SPY?
The two portfolios are 37.7% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of FTEC and SPY?
The largest positions held by both funds are NVDA, AAPL, MSFT, AVGO and MU. Together the top 10 shared positions account for 77% of the total overlap.
What does FTEC own that SPY doesn't?
208 positions (13.8% of FTEC) are unique to FTEC, led by NET, SNOW and MSTR. In the other direction, 430 positions (62.2% of SPY) are unique to SPY.