XLC vs FCOM: Holdings Overlap
XLCState Street® Communication Services Select Sector SPDR® ETF
State Street (SPDR) · 23 holdings · $21.7B · as of 2026-08-06
FCOMFidelity MSCI Communication Services Index ETF
Fidelity · 89 holdings · $1.7B · as of 2026-04-30
Holdings snapshots are 98 days apart (XLC: 2026-08-06, 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 XLC and FCOM?
State Street® Communication Services Select Sector SPDR® ETF (XLC, by State Street (SPDR)) holds 23 positions; Fidelity MSCI Communication Services Index ETF (FCOM, by Fidelity) holds 89. They have 21 holdings in common, and by portfolio weight the two funds are 72.8% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 72.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 21XLC holds 23 · FCOM holds 89
- Weight in Shared Holdings
- XLC 98%·FCOM 83%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 XLC
2 of 23 positions (2.2% of the fund) are not held by FCOM.
Sector Breakdown
| Sector | XLC | FCOM |
|---|---|---|
| Communication Services | 99.8% | 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 |
|---|---|---|---|---|---|---|---|
| XLC | +0.2% | -5.0% | +5.0% | +19.1% | +7.2% | — | 1.29% |
| 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 XLC vs FCOM →
Shared Holdings(21)
The top 10 shared positions account for 86% of the overlap, led by META, GOOGL and GOOG.
 METAMeta Platforms, Inc., Class A | 17.57% | 20.39% | 17.57% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 11.04% | 16.29% | 11.04% |
 GOOGAlphabet Inc. CAP STK CL C | 8.87% | 10.74% | 8.87% |
 NFLXNetflix, Inc. COM | 4.49% | 5.18% | 4.49% |
 VZVerizon Communications Inc. COM | 4.79% | 4.18% | 4.18% |
 DISWalt Disney Company COM | 4.77% | 4.12% | 4.12% |
 TAT&T Inc COM | 4.89% | 3.88% | 3.88% |
 WBDWarner Bros. Discovery Inc. COM SER A | 4.38% | 2.82% | 2.82% |
 CMCSAComcast Corporation CL A | 4.67% | 2.69% | 2.69% |
 TMUST-Mobile US Inc COM | 4.65% | 2.68% | 2.68% |
 TTWOTake-Two Interactive Software Inc. COM | 4.23% | 2.08% | 2.08% |
 LYVLive Nation Entertainment, Inc. COM | 4.48% | 1.54% | 1.54% |
 OMCOmnicom Group Inc COM | 4.35% | 1.45% | 1.45% |
 ECHOEchoStar Corp., Class A | 2.19% | 1.04% | 1.04% |
 CHTRCharter Communications, Inc., Class A | 2.43% | 0.84% | 0.84% |
 FOXAFox Corporation CL A COM | 2.28% | 0.80% | 0.80% |
 TKOTKO Group Holdings, Inc., Class A | 2.18% | 0.75% | 0.75% |
 TTDTrade Desk, Inc. (The), Class A | 1.40% | 0.62% | 0.62% |
 NWSANews Corporation CL A | 2.00% | 0.59% | 0.59% |
 FOXFox Corporation CL B COM | 1.42% | 0.52% | 0.52% |
 PSKYParamount Skydance Corp., Class B | 0.53% | 0.20% | 0.20% |
Frequently Asked Questions
How much do XLC and FCOM overlap?
XLC and FCOM overlap by 72.8% of portfolio weight. They share 21 holdings (XLC holds 23 positions and FCOM holds 89), based on each fund's latest SEC-reported holdings.
Is it redundant to own both XLC and FCOM?
The two portfolios are 72.8% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of XLC and FCOM?
The largest positions held by both funds are META, GOOGL, GOOG, NFLX and VZ. Together the top 10 shared positions account for 86% of the total overlap.
What does XLC own that FCOM doesn't?
2 positions (2.2% of XLC) are unique to XLC, led by APP and NWS. In the other direction, 68 positions (16.4% of FCOM) are unique to FCOM.