FTEC vs XLK: how much do they overlap?
Fidelity MSCI Information Technology Index ETF (FTEC) · Technology Select Sector SPDR ETF (XLK)
overlap by weight · 74 shared holdings
FTEC: 282 holdings (as of 2026-04-30) · XLK: 74 holdings (as of 09-Jul-2026)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
High overlap
What this means
FTEC and XLK are largely the same portfolio. Holding both adds little diversification — most dollars end up in the same underlying stocks.
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
| Company | Ticker | in FTEC | in XLK |
|---|---|---|---|
| NVIDIA Corp | NVDA | 17.97% | 13.18% |
| Apple Inc | AAPL | 14.36% | 12.47% |
| Microsoft Corp | MSFT | 9.53% | 7.66% |
| Broadcom Inc | AVGO | 5.01% | 5.1% |
| Micron Technology Inc | MU | 2.63% | 4.13% |
| Advanced Micro Devices Inc | AMD | 2.59% | 4.56% |
| Intel Corp | INTC | 1.99% | 3.48% |
| Cisco Systems Inc | CSCO | 1.66% | 3.06% |
| Lam Research Corp | LRCX | 1.49% | 2.89% |
| Applied Materials Inc | AMAT | 1.44% | 3.06% |
FAQ
How much do FTEC and XLK overlap?
FTEC and XLK have a 77.2% overlap by weight, sharing 74 holdings (out of 282 in FTEC and 74 in XLK), based on official issuer holdings as of 2026-04-30.
What does 77.2% overlap mean?
FTEC and XLK are largely the same portfolio. Holding both adds little diversification — most dollars end up in the same underlying stocks.
Which stocks do FTEC and XLK both hold?
The largest shared positions are NVIDIA Corp, Apple Inc, Microsoft Corp, Broadcom Inc, Micron Technology Inc. The full list of top shared holdings with weights in each fund is shown on this page.