FELC vs PBUS overlap - what they share and where they differ

FELC and PBUS share 61.4% of their weight across 144 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

61.4%

144 shared positions

FELC

Fidelity Enhanced Large Cap Core ETF

Reported positions cover 99% of the fund, 209 positions · Jun 30, 2026

Top 10: 39.9%·Holdings of FELC

PBUS

Invesco MSCI USA ETF

Reported positions cover 99% of the fund, 533 positions · May 31, 2026

Top 10: 39.6%·Holdings of PBUS

Reported positions cover FELC 99%, PBUS 99% 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

209

stock positions reported to the SEC

14.1% of its weight is in 65 names PBUS does not hold

PBUSInvesco MSCI USA ETF

533

stock positions reported to the SEC

31.7% of its weight is in 389 names FELC does not hold

Where each fund's weight sits

FELC
PBUS
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
51.1%
49.4%
Consumer Cyclical
8.9%
10.2%
Healthcare
10.1%
8.6%
Financial Services
8.0%
9.3%
Industrials
3.6%
3.8%

The widest gap is Technology: FELC has 1.7 points more of it.

The figures side by side

FELCPBUS
Filing dateJun 30, 2026May 31, 2026
Stock positions reported209533
Weight of the ten largest39.9%39.6%
Largest positionNVDA 8.0%NVDA 7.8%
Held alone65 positions, 14.1%389 positions, 31.7%
Covered by stock positions99%99%

Holdings they share

StockIn FELCIn PBUSCounted
NVDANVIDIA CORP7.95%7.77%7.77%
AAPLAPPLE INC7.00%6.94%6.94%
GOOGLALPHABET INC6.09%6.12%6.09%
MSFTMICROSOFT CORP4.03%4.81%4.03%
AMZNAMAZON.COM INC3.89%3.94%3.89%
AVGOBROADCOM INC3.19%3.05%3.05%
METAMETA PLATFORMS INC2.19%2.09%2.09%
MUMICRON TECHNOLOGY INC2.11%1.65%1.65%
LLYELI LILLY and CO1.44%1.34%1.34%
TSLATESLA INC1.30%1.86%1.30%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in FELC

JPMORGAN CHASE AND CO1.54%
GEGE AEROSPACE1.17%
EXXON MOBIL CORP1.02%
SCHWAB CHARLES CORP0.77%
PROGRESSIVE CORP OHIO0.72%
BANK NEW YORK MELLON CORP0.61%
JOHNSON AND JOHNSON0.57%
ELECTRONIC ARTS INC0.53%
AT AND T INC0.48%
SANDISK CORP/DE0.47%

Only in PBUS

JPMORGAN CHASE & CO.1.23%
EXXON MOBIL CORP.0.93%
JNJJohnson & Johnson0.82%
ORCLOracle Corp.0.59%
PLTRPalantir Technologies Inc.0.54%
GENERAL ELECTRIC CO.0.52%
PGProcter & Gamble Co. (The)0.51%
IBMInternational Business Machines Corp.0.42%
KLACKLA Corp.0.38%
PANWPalo Alto Networks, Inc.0.34%

Questions people ask

Is FELC the same as PBUS?

61.4% of their weight sits in the same 144 holdings. FELC also reports JPMORGAN CHASE AND CO, GE, EXXON MOBIL CORP, which the other does not. PBUS also reports JPMORGAN CHASE & CO., EXXON MOBIL CORP., JNJ, 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 99% of PBUS, so the number cannot exceed the smaller coverage.

Which holds more, PBUS or FELC?

FELC reports 209 stock positions and PBUS reports 533. 14.1% of FELC's weight sits in names PBUS does not hold, and 31.7% 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 Technology: FELC has 1.7 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.