VIS vs FIDU: Holdings Overlap
VISVanguard Industrials Index Fund
Vanguard · 381 holdings · $8.5B · as of 2026-05-31
FIDUFidelity MSCI Industrials Index ETF
Fidelity · 359 holdings · $2.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (VIS: 2026-05-31, FIDU: 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 VIS and FIDU?
Vanguard Industrials Index Fund (VIS, by Vanguard) holds 381 positions; Fidelity MSCI Industrials Index ETF (FIDU, by Fidelity) holds 359. They have 343 holdings in common, and by portfolio weight the two funds are 94.7% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 94.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 343VIS holds 381 · FIDU holds 359
- Weight in Shared Holdings
- VIS 99%·FIDU 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 VIS
38 of 381 positions (0.5% of the fund) are not held by FIDU. Showing the top 30 by weight.
Sector Breakdown
| Sector | VIS | FIDU |
|---|---|---|
| Industrials | 99.3% | 99.5% |
| Information Technology | 0.3% | 0.3% |
| 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 |
|---|---|---|---|---|---|---|---|
| VIS | +1.5% | +20.1% | +25.2% | +20.8% | +14.0% | +14.1% | 0.87% |
| FIDU | +1.6% | +20.2% | +25.0% | +20.8% | +14.0% | +14.2% | 0.91% |
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 VIS vs FIDU →
Shared Holdings(343)
The top 10 shared positions account for 31% of the overlap, led by CAT, GE and GEV.
 CATCaterpillar Inc COM | 5.81% | 5.96% | 5.81% |
|---|---|---|---|
 GEGeneral Electric Co. | 4.84% | 4.37% | 4.37% |
 GEVGE Vernova Inc. COM | 3.72% | 4.20% | 3.72% |
 RTXRTX Corp. COM | 3.41% | 3.38% | 3.38% |
 BABoeing Co. (The) | 2.57% | 2.56% | 2.56% |
 ETNEaton Corporation PLC COM USD0.01 | 2.21% | 2.40% | 2.21% |
 DEDeere & Company COM | 1.97% | 2.17% | 1.97% |
 UBERUber Technologies Inc COM | 1.97% | 2.11% | 1.97% |
 HONHoneywell International Inc. COM | 2.14% | 1.95% | 1.95% |
 UNPUnion Pacific Corporation COM | 1.89% | 2.29% | 1.89% |
 VRTVertiv Holdings Co., Class A | 1.63% | 1.71% | 1.63% |
 LMTLockheed Martin Corporation COM | 1.57% | 1.54% | 1.54% |
 PHParker-Hannifin Corp. COM | 1.51% | 1.64% | 1.51% |
 PWRQuanta Services, Inc. COM | 1.50% | 1.55% | 1.50% |
 TTTrane Technologies PLC COM USD1 | 1.42% | 1.56% | 1.42% |
 HWMHowmet Aerospace Inc COM | 1.40% | 1.33% | 1.33% |
 FDXFedEx Corporation COM | 1.30% | 1.29% | 1.29% |
 CMICummins Inc. COM | 1.26% | 1.32% | 1.26% |
 ADPAutomatic Data Processing, Inc. COM | 1.27% | 1.23% | 1.23% |
 WMWaste Management, Inc. COM | 1.21% | 1.34% | 1.21% |
 CSXCSX Corporation COM | 1.19% | 1.21% | 1.19% |
 JCIJohnson Controls International PLC COM USD1.00 | 1.16% | 1.28% | 1.16% |
 GDGeneral Dynamics Corporation COM | 1.13% | 1.13% | 1.13% |
 EMREmerson Electric Co. COM | 1.15% | 1.13% | 1.13% |
 UPSUnited Parcel Service, Inc., Class B | 1.12% | 1.15% | 1.12% |
Showing the top 250 of 343 shared holdings by overlap weight.
Frequently Asked Questions
How much do VIS and FIDU overlap?
VIS and FIDU overlap by 94.7% of portfolio weight. They share 343 holdings (VIS holds 381 positions and FIDU holds 359), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VIS and FIDU?
The two portfolios are 94.7% 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 VIS and FIDU?
The largest positions held by both funds are CAT, GE, GEV, RTX and BA. Together the top 10 shared positions account for 31% of the total overlap.
What does VIS own that FIDU doesn't?
38 positions (0.5% of VIS) are unique to VIS, led by LUV, MAIR and NWPX. In the other direction, 16 positions (0.6% of FIDU) are unique to FIDU.