FTSM vs SPY: Holdings Overlap
FTSMFirst Trust Enhanced Short Maturity ETF
First Trust · 622 holdings · $6.5B · 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 (FTSM: 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 FTSM and SPY?
First Trust Enhanced Short Maturity ETF (FTSM, by First Trust) holds 622 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0FTSM holds 622 · SPY holds 504
- Weight in Shared Holdings
- FTSM 0%·SPY 0%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 FTSM
622 of 622 positions (86.0% of the fund) are not held by SPY. Showing the top 30 by weight.
- U.S. Treasury Notes0.98%
- Huntington National Bank (The)0.55%
- T-Mobile USA, Inc.0.54%
- Haleon US Capital LLC0.54%
- PRA Health Sciences Inc0.53%
- Kinder Morgan, Inc.0.52%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FTSM | +0.4% | +2.1% | +4.0% | +4.8% | +3.6% | +2.6% | 4.12% |
| 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 FTSM vs SPY →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do FTSM and SPY overlap?
FTSM and SPY overlap by 0.0% of portfolio weight. They share 0 holdings (FTSM holds 622 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTSM and SPY?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does FTSM own that SPY doesn't?
622 positions (86.0% of FTSM) are unique to FTSM, led by U.S. Treasury Notes, Huntington National Bank (The) and T-Mobile USA, Inc.. In the other direction, 504 positions (99.9% of SPY) are unique to SPY.