VOX vs FCOM: Holdings Overlap
VOXVanguard Communication Services Index Fund
Vanguard · 114 holdings · $5.9B · as of 2026-05-31
FCOMFidelity MSCI Communication Services Index ETF
Fidelity · 89 holdings · $1.7B · as of 2026-04-30
Holdings snapshots are 31 days apart (VOX: 2026-05-31, FCOM: 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 VOX and FCOM?
Vanguard Communication Services Index Fund (VOX, by Vanguard) holds 114 positions; Fidelity MSCI Communication Services Index ETF (FCOM, by Fidelity) holds 89. They have 88 holdings in common, and by portfolio weight the two funds are 96.7% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 96.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 88VOX holds 114 · FCOM holds 89
- Weight in Shared Holdings
- VOX 99%·FCOM 100%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 VOX
26 of 114 positions (0.9% of the fund) are not held by FCOM.
Only in FCOM
1 of 89 positions (0.0% of the fund) are not held by VOX.
- NIQ Global Intelligence Plc0.04%
Sector Breakdown
| Sector | VOX | FCOM |
|---|---|---|
| Communication Services | 99.7% | 99.8% |
| 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 |
|---|---|---|---|---|---|---|---|
| VOX | -1.3% | -2.7% | +8.9% | +20.4% | +6.4% | +8.3% | 1.05% |
| FCOM | -1.3% | -2.9% | +8.4% | +20.2% | +6.1% | +10.5% | 0.99% |
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 VOX vs FCOM →
Shared Holdings(88)
The top 10 shared positions account for 74% of the overlap, led by META, GOOGL and GOOG.
 METAMeta Platforms, Inc., Class A | 21.05% | 20.39% | 20.39% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 16.08% | 16.29% | 16.08% |
 GOOGAlphabet Inc. CAP STK CL C | 10.58% | 10.74% | 10.58% |
 NFLXNetflix, Inc. COM | 4.75% | 5.18% | 4.75% |
 VZVerizon Communications Inc. COM | 4.16% | 4.18% | 4.16% |
 DISWalt Disney Company COM | 3.95% | 4.12% | 3.95% |
 TAT&T Inc COM | 3.68% | 3.88% | 3.68% |
 WBDWarner Bros. Discovery Inc. COM SER A | 2.73% | 2.82% | 2.73% |
 TMUST-Mobile US Inc COM | 2.49% | 2.68% | 2.49% |
 CMCSAComcast Corporation CL A | 2.35% | 2.69% | 2.35% |
 TTWOTake-Two Interactive Software Inc. COM | 2.08% | 2.08% | 2.08% |
 EAElectronic Arts Inc. COM | 2.00% | 2.09% | 2.00% |
 LYVLive Nation Entertainment, Inc. COM | 1.64% | 1.54% | 1.54% |
 OMCOmnicom Group Inc COM | 1.37% | 1.45% | 1.37% |
 RBLXRoblox Corporation CL A | 1.36% | 1.68% | 1.36% |
 FWONKLiberty Media Corp.-Liberty Formula One, Class C | 1.16% | 1.10% | 1.10% |
 ECHOEchoStar Corp., Class A | 1.09% | 1.04% | 1.04% |
 ASTSAST SpaceMobile, Inc., Class A | 1.42% | 1.00% | 1.00% |
 ROKURoku, Inc., Class A | 1.02% | 0.92% | 0.92% |
 RDDTReddit, Inc., Class A | 1.07% | 0.90% | 0.90% |
 TKOTKO Group Holdings, Inc., Class A | 0.83% | 0.75% | 0.75% |
 CHTRCharter Communications, Inc., Class A | 0.73% | 0.84% | 0.73% |
 PINSPinterest, Inc., Class A | 0.72% | 0.70% | 0.70% |
 NYTNew York Times Co. (The), Class A | 0.69% | 0.73% | 0.69% |
 FOXAFox Corporation CL A COM | 0.60% | 0.80% | 0.60% |
Frequently Asked Questions
How much do VOX and FCOM overlap?
VOX and FCOM overlap by 96.7% of portfolio weight. They share 88 holdings (VOX holds 114 positions and FCOM holds 89), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VOX and FCOM?
The two portfolios are 96.7% 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 VOX and FCOM?
The largest positions held by both funds are META, GOOGL, GOOG, NFLX and VZ. Together the top 10 shared positions account for 74% of the total overlap.
What does VOX own that FCOM doesn't?
26 positions (0.9% of VOX) are unique to VOX, led by WMG, NWS and BAND. In the other direction, 1 positions (0.0% of FCOM) are unique to FCOM.