FTEC vs SMH: how much do they overlap?

Fidelity MSCI Information Technology Index ETF (FTEC) · VanEck Semiconductor ETF (SMH)

41%

overlap by weight · 21 shared holdings

FTEC: 282 holdings (as of 2026-04-30) · SMH: 25 holdings (as of 2026-03-31)

Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.

Moderate overlap

What this means

FTEC and SMH share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.

Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.

Top shared holdings

CompanyTickerin FTECin SMH
NVIDIA Corp NVDA 17.97% 19.64%
Broadcom Inc AVGO 5.01% 7.79%
Micron Technology Inc MU 2.63% 4.23%
Advanced Micro Devices Inc AMD 2.59% 4.68%
Intel Corp INTC 1.99% 4.34%
Lam Research Corp LRCX 1.49% 4.6%
Applied Materials Inc AMAT 1.44% 4.59%
Texas Instruments Inc TXN 1.2% 4.61%
KLA Corp KLAC 1.09% 4.74%
Analog Devices Inc ADI 0.94% 4.7%

FAQ

How much do FTEC and SMH overlap?

FTEC and SMH have a 41% overlap by weight, sharing 21 holdings (out of 282 in FTEC and 25 in SMH), based on official issuer holdings as of 2026-04-30.

What does 41% overlap mean?

FTEC and SMH share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.

Which stocks do FTEC and SMH both hold?

The largest shared positions are NVIDIA Corp, Broadcom Inc, Micron Technology Inc, Advanced Micro Devices Inc, Intel Corp. The full list of top shared holdings with weights in each fund is shown on this page.

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