FUTY vs SPLV: Holdings Overlap
FUTYFidelity MSCI Utilities Index ETF
Fidelity · 63 holdings · $2.3B · as of 2026-04-30
SPLVInvesco S&P 500 Low Volatility ETF
Invesco · 100 holdings · $7.2B · as of 2026-05-31
Holdings snapshots are 31 days apart (FUTY: 2026-04-30, SPLV: 2026-05-31). 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 FUTY and SPLV?
Fidelity MSCI Utilities Index ETF (FUTY, by Fidelity) holds 63 positions; Invesco S&P 500 Low Volatility ETF (SPLV, by Invesco) holds 100. They have 22 holdings in common, and by portfolio weight the two funds are 24.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 24.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 22FUTY holds 63 · SPLV holds 100
- Weight in Shared Holdings
- FUTY 58%·SPLV 25%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
41 of 63 positions (41.4% of the fund) are not held by SPLV. Showing the top 30 by weight.
Sector Breakdown
| Sector | FUTY | SPLV |
|---|---|---|
| Utilities | 99.8% | 25.0% |
| Financials | 0.0% | 21.0% |
| Real Estate | 0.0% | 17.7% |
| Industrials | 0.0% | 12.2% |
| Consumer Staples | 0.0% | 9.4% |
| Other Sectors | 0.0% | 14.3% |
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 |
|---|---|---|---|---|---|---|---|
| FUTY | -4.3% | +3.5% | +3.8% | +14.2% | +8.2% | +8.8% | 2.68% |
| SPLV | -0.7% | +8.1% | +6.1% | +9.1% | +6.0% | +8.3% | 2.12% |
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 SPLV →
Shared Holdings(22)
The top 10 shared positions account for 50% of the overlap, led by FE, DUK and AEE.
 FEFirstEnergy Corp. | 1.63% | 1.34% | 1.34% |
|---|---|---|---|
 DUKDuke Energy Corp. | 6.29% | 1.25% | 1.25% |
 AEEAmeren Corp. | 1.92% | 1.24% | 1.24% |
 WECWEC Energy Group Inc. | 2.39% | 1.24% | 1.24% |
 CNPCenterPoint Energy, Inc. | 1.78% | 1.23% | 1.23% |
 DTEDTE Energy Co. | 1.97% | 1.22% | 1.22% |
 EVRGEvergy, Inc. | 1.19% | 1.22% | 1.19% |
 CMSCMS Energy Corp. | 1.46% | 1.18% | 1.18% |
 LNTAlliant Energy Corp. | 1.18% | 1.23% | 1.18% |
 SOSouthern Co. (The) | 6.64% | 1.16% | 1.16% |
 ATOAtmos Energy Corp. | 1.92% | 1.14% | 1.14% |
 DDominion Energy, Inc. | 3.44% | 1.13% | 1.13% |
 PPLPPL Corp. | 1.73% | 1.10% | 1.10% |
 EDConsolidated Edison, Inc. | 2.51% | 1.08% | 1.08% |
 EXCExelon Corp. | 2.90% | 1.06% | 1.06% |
 AEPAmerican Electric Power Co., Inc. | 4.57% | 1.05% | 1.05% |
 NINiSource Inc. | 1.44% | 1.03% | 1.03% |
 PEGPublic Service Enterprise Group Inc. | 2.54% | 1.01% | 1.01% |
 XELXcel Energy Inc. | 3.06% | 0.99% | 0.99% |
 ETREntergy Corp. | 3.29% | 0.97% | 0.97% |
 SRESempra | 3.87% | 0.95% | 0.95% |
 PNWPinnacle West Capital Corp. | 0.77% | 1.19% | 0.77% |
Frequently Asked Questions
How much do FUTY and SPLV overlap?
FUTY and SPLV overlap by 24.5% of portfolio weight. They share 22 holdings (FUTY holds 63 positions and SPLV holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FUTY and SPLV?
The two portfolios are 24.5% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of FUTY and SPLV?
The largest positions held by both funds are FE, DUK, AEE, WEC and CNP. Together the top 10 shared positions account for 50% of the total overlap.
What does FUTY own that SPLV doesn't?
41 positions (41.4% of FUTY) are unique to FUTY, led by NEE, CEG and VST. In the other direction, 78 positions (74.7% of SPLV) are unique to SPLV.