VHT vs FHLC: Holdings Overlap
VHTVanguard Health Care Index Fund
Vanguard · 402 holdings · $18.3B · as of 2026-05-31
FHLCFidelity MSCI Health Care Index ETF
Fidelity · 337 holdings · $3.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (VHT: 2026-05-31, FHLC: 2026-04-30). 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 VHT and FHLC?
Vanguard Health Care Index Fund (VHT, by Vanguard) holds 402 positions; Fidelity MSCI Health Care Index ETF (FHLC, by Fidelity) holds 337. They have 319 holdings in common, and by portfolio weight the two funds are 95.2% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 95.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 319VHT holds 402 · FHLC holds 337
- Weight in Shared Holdings
- VHT 99%·FHLC 99%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 VHT
83 of 402 positions (0.6% of the fund) are not held by FHLC. Showing the top 30 by weight.
Sector Breakdown
| Sector | VHT | FHLC |
|---|---|---|
| Health Care | 99.8% | 99.6% |
| Other Sectors | 0.0% | 0.0% |
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 |
|---|---|---|---|---|---|---|---|
| VHT | +0.6% | +9.2% | +32.8% | +10.0% | +5.4% | +10.2% | 1.51% |
| FHLC | +0.7% | +9.3% | +33.0% | +10.0% | +5.3% | +10.1% | 1.26% |
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 VHT vs FHLC →
Shared Holdings(319)
The top 10 shared positions account for 52% of the overlap, led by LLY, JNJ and ABBV.
 LLYEli Lilly & Co. COM | 14.04% | 12.13% | 12.13% |
|---|---|---|---|
 JNJJohnson & Johnson COM | 8.47% | 8.94% | 8.47% |
 ABBVAbbVie Inc. COM | 6.09% | 6.03% | 6.03% |
 UNHUnitedHealth Group Inc. COM | 5.45% | 5.42% | 5.42% |
 MRKMerck & Co., Inc COM | 4.66% | 4.38% | 4.38% |
 TMOThermo Fisher Scientific Inc COM | 2.93% | 2.91% | 2.91% |
 AMGNAmgen Inc. COM | 2.87% | 3.01% | 2.87% |
 GILDGilead Sciences Inc. COM | 2.64% | 2.62% | 2.62% |
 ISRGIntuitive Surgical Inc. COM NEW | 2.38% | 2.62% | 2.38% |
 PFEPfizer Inc. COM | 2.35% | 2.45% | 2.35% |
 ABTAbbott Laboratories COM | 2.35% | 2.55% | 2.35% |
 BMYBristol-Myers Squibb Company COM | 1.84% | 1.99% | 1.84% |
 DHRDanaher Corporation COM | 1.84% | 1.84% | 1.84% |
 VRTXVertex Pharmaceuticals Incorporated COM | 1.80% | 1.75% | 1.75% |
 CVSCVS Health Corp COM | 1.83% | 1.71% | 1.71% |
 SYKStryker Corporation COM | 1.66% | 1.75% | 1.66% |
 MDTMedtronic PLC USD0.0001 | 1.50% | 1.68% | 1.50% |
 MCKMckesson Corp. COM | 1.45% | 1.62% | 1.45% |
 ELVElevance Health Inc. COM | 1.35% | 1.35% | 1.35% |
 CIThe Cigna Group COM | 1.17% | 1.25% | 1.17% |
 BSXBoston Scientific Corporation COM | 1.13% | 1.38% | 1.13% |
 REGNRegeneron Pharmaceuticals, Inc. COM | 1.00% | 1.18% | 1.00% |
 HCAHCA Healthcare Inc COM | 0.96% | 1.12% | 0.96% |
 CORCencora Inc COM | 0.79% | 0.92% | 0.79% |
 EWEdwards Lifesciences Corporation COM | 0.79% | 0.78% | 0.78% |
Showing the top 250 of 319 shared holdings by overlap weight.
Frequently Asked Questions
How much do VHT and FHLC overlap?
VHT and FHLC overlap by 95.2% of portfolio weight. They share 319 holdings (VHT holds 402 positions and FHLC holds 337), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VHT and FHLC?
The two portfolios are 95.2% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of VHT and FHLC?
The largest positions held by both funds are LLY, JNJ, ABBV, UNH and MRK. Together the top 10 shared positions account for 52% of the total overlap.
What does VHT own that FHLC doesn't?
83 positions (0.6% of VHT) are unique to VHT, led by MDLN, SMMT and AGL. In the other direction, 18 positions (0.7% of FHLC) are unique to FHLC.