FUTY vs PHO: Holdings Overlap
FUTYFidelity MSCI Utilities Index ETF
Fidelity · 63 holdings · $2.3B · as of 2026-04-30
PHOInvesco Water Resources ETF
Invesco · 36 holdings · $2.1B · as of 2026-04-30
How similar are FUTY and PHO?
Fidelity MSCI Utilities Index ETF (FUTY, by Fidelity) holds 63 positions; Invesco Water Resources ETF (PHO, by Invesco) holds 36. They have 6 holdings in common, and by portfolio weight the two funds are 2.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 6FUTY holds 63 · PHO holds 36
- Weight in Shared Holdings
- FUTY 3%·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 FUTY
57 of 63 positions (97.0% of the fund) are not held by PHO. Showing the top 30 by weight.
Sector Breakdown
| Sector | FUTY | PHO |
|---|---|---|
| Utilities | 99.8% | 12.8% |
| Industrials | 0.0% | 55.4% |
| Information Technology | 0.0% | 13.0% |
| Health Care | 0.0% | 8.2% |
| Materials | 0.0% | 8.1% |
| Other Sectors | 0.0% | 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 FUTY, 2% of PHO).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FUTY | -4.3% | +3.5% | +3.8% | +14.2% | +8.2% | +8.8% | 2.68% |
| 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 FUTY vs PHO →
Shared Holdings(6)
The top 6 shared positions account for 100% of the overlap, led by AWK, WTRG and AWR.
 AWKAmerican Water Works Co., Inc. | 1.56% | 6.95% | 1.56% |
|---|---|---|---|
 WTRGEssential Utilities, Inc. | 0.67% | 3.35% | 0.67% |
 AWRAmerican States Water Co. | 0.18% | 0.70% | 0.18% |
 CWTCalifornia Water Service Group | 0.16% | 0.63% | 0.16% |
 HTOH2O America | 0.13% | 0.74% | 0.13% |
 MSEXMiddlesex Water Co. | 0.06% | 0.23% | 0.06% |
Frequently Asked Questions
How much do FUTY and PHO overlap?
FUTY and PHO overlap by 2.8% of portfolio weight. They share 6 holdings (FUTY holds 63 positions and PHO holds 36), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FUTY and PHO?
The two portfolios are 2.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FUTY and PHO?
The largest positions held by both funds are AWK, WTRG, AWR, CWT and HTO. Together the top 6 shared positions account for 100% of the total overlap.
What does FUTY own that PHO doesn't?
57 positions (97.0% of FUTY) are unique to FUTY, led by NEE, SO and DUK. In the other direction, 30 positions (87.4% of PHO) are unique to PHO.