FTEC vs IVV: fund overlap
ETF comparisons / FTEC vs IVV
Fidelity MSCI Information Technology Index ETF compared with iShares Core S&P 500 ETF
FTEC and IVV overlap by 38.4% by weight, across 76 shared companies.
Fidelity MSCI Information Technology Index ETF
iShares Core S&P 500 ETF
Both lines rebased to 0% over their shared dates
76 companies held in both funds
| Shared company | FTEC | IVV |
|---|---|---|
| NVIDIA CORP NVDA | 17.10% | 7.77% |
| Apple Inc AAPL | 16.22% | 7.65% |
| Microsoft Corp MSFT | 10.94% | 5.91% |
| BROADCOM INC AVGO | 4.20% | 2.47% |
| Micron Technology Inc MU | 3.82% | 1.59% |
| ADVANCED MICRO DEVICES AMD | 3.18% | 1.39% |
| Intel Corp INTC | 1.65% | 0.69% |
| PALANTIR TECHNOLOGIES INC-A PLTR | 1.13% | 0.68% |
| CISCO SYSTEMS, INC. CSCO | 1.92% | 0.64% |
| Applied Materials Inc AMAT | 1.69% | 0.50% |
| LAM RESEARCH CORPORATION LRCX | 1.54% | 0.48% |
| Palo Alto Networks Inc PANW | 1.17% | 0.47% |
| Texas Instruments Inc TXN | 1.07% | 0.43% |
| CROWDSTRIKE HOLDINGS INC - A CRWD | 0.83% | 0.40% |
| INTERNATIONAL BUSINESS MACHINES CORPORATION IBM | 0.87% | 0.37% |
| Oracle Corp ORCL | 0.90% | 0.36% |
| KLA Corp KLAC | 1.03% | 0.33% |
| ANALOG DEVICES, INC. ADI | 0.78% | 0.32% |
| Amphenol Corp APH | 0.85% | 0.30% |
| QUALCOMM Inc QCOM | 0.68% | 0.30% |
| ARISTA NETWORKS, INC. ANET | 0.84% | 0.29% |
| SANDISK CORPORATION SNDK | 0.76% | 0.29% |
| MARVELL TECHNOLOGY, INC. MRVL | 0.71% | 0.29% |
| Salesforce Inc CRM | 0.65% | 0.28% |
| SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY STX | 0.82% | 0.24% |
Based on the holdings compared above
FTEC and IVV overlap by 38.4% by weight, across 76 shared companies.
The largest companies held in both funds are NVIDIA CORP, Apple Inc, Microsoft Corp, BROADCOM INC, Micron Technology Inc.
Holding both means 38.4% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.
FTEC has a 0.08% expense ratio and IVV has 0.03%.
FTEC has a weighted P/E of 34.8 and IVV has a weighted P/E of 26.8.
See the companies and duplicated exposure across every fund you hold.