FELC vs PBUS overlap - what they share and where they differ
FELC and PBUS share 65.9% of their weight across 165 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
FELC and PBUS
65.9%
165 shared positions
FELC
Fidelity Enhanced Large Cap Core ETF
Reported positions cover 99% of the fund, 220 positions · Jun 30, 2026
Top 10: 39.9%·Holdings of FELC
PBUS
Invesco MSCI USA ETF
Reported positions cover 100% of the fund, 533 positions · May 31, 2026
Top 10: 39.6%·Holdings of PBUS
Reported positions cover FELC 99%, PBUS 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
PBUS vs FELC side by side
FELCFidelity Enhanced Large Cap Core ETF
220
stock positions reported to the SEC
7.3% of its weight is in 55 names PBUS does not hold
PBUSInvesco MSCI USA ETF
533
stock positions reported to the SEC
25.7% of its weight is in 368 names FELC does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Industrials: FELC has 1.6 points more of it.
The figures side by side
| FELC | PBUS | |
|---|---|---|
| Filing date | Jun 30, 2026 | May 31, 2026 |
| Stock positions reported | 220 | 533 |
| Weight of the ten largest | 39.9% | 39.6% |
| Largest position | NVDA 8.0% | NVDA 7.8% |
| Held alone | 55 positions, 7.3% | 368 positions, 25.7% |
| Covered by stock positions | 99% | 100% |
Holdings they share
| Stock | In FELC | In PBUS | Counted |
|---|---|---|---|
| NVDANVIDIA CORP | 7.95% | 7.77% | 7.77% |
| AAPLAPPLE INC | 7.00% | 6.94% | 6.94% |
| GOOGLALPHABET INC | 6.09% | 6.13% | 6.09% |
| MSFTMICROSOFT CORP | 4.03% | 4.81% | 4.03% |
| AMZNAMAZON.COM INC | 3.89% | 3.94% | 3.89% |
| AVGOBROADCOM INC | 3.19% | 3.05% | 3.05% |
| METAMETA PLATFORMS INC | 2.19% | 2.09% | 2.09% |
| MUMICRON TECHNOLOGY INC | 2.11% | 1.65% | 1.65% |
| LLYELI LILLY and CO | 1.44% | 1.34% | 1.34% |
| TSLATESLA INC | 1.30% | 1.86% | 1.30% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in FELC
Only in PBUS
Questions people ask
Is FELC the same as PBUS?
65.9% of their weight sits in the same 165 holdings. FELC also reports SCHWAB CHARLES CORP, PROGRESSIVE CORP OHIO, BANK NEW YORK MELLON CORP, which the other does not. PBUS also reports ORCL, PLTR, IBM, which the other does not.
How is the overlap between FELC and PBUS measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 99% of FELC and 100% of PBUS, so the number cannot exceed the smaller coverage.
Which holds more, PBUS or FELC?
FELC reports 220 stock positions and PBUS reports 533. 7.3% of FELC's weight sits in names PBUS does not hold, and 25.7% of PBUS's weight in names FELC does not hold. The ten largest positions are 39.9% of FELC and 39.6% of PBUS.
How do FELC and PBUS differ by sector?
The widest gap is Industrials: FELC has 1.6 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
Other pairs with these funds
PBUS against other funds in the table
Add a third fund in the tool·All fund pairs
Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.