FTCS vs SHLD overlap - what they share and where they differ
FTCS and SHLD share 5.4% of their weight across 3 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.
FTCS and SHLD
5.4%
3 shared positions
FTCS
First Trust Capital Strength ETF
Reported positions cover 100% of the fund, 51 positions · Jun 30, 2026
Top 10: 23.0%·Holdings of FTCS
SHLD
Global X Defense Tech ETF
Reported positions cover 100% of the fund, 48 positions · May 31, 2026
Top 10: 59.3%·Holdings of SHLD
Reported positions cover FTCS 100%, SHLD 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
SHLD vs FTCS side by side
FTCSFirst Trust Capital Strength ETF
51
stock positions reported to the SEC
94.5% of its weight is in 48 names SHLD does not hold
SHLDGlobal X Defense Tech ETF
48
stock positions reported to the SEC
79.3% of its weight is in 45 names FTCS does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Industrials: SHLD has 29.7 points more of it.
The figures side by side
| FTCS | SHLD | |
|---|---|---|
| Filing date | Jun 30, 2026 | May 31, 2026 |
| Stock positions reported | 51 | 48 |
| Weight of the ten largest | 23.0% | 59.3% |
| Largest position | CSCO 2.7% | LMT 8.4% |
| Held alone | 48 positions, 94.5% | 45 positions, 79.3% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In FTCS | In SHLD | Counted |
|---|---|---|---|
| GDGENERAL DYNAMICS CORP | 2.12% | 7.67% | 2.12% |
| LMTLOCKHEED MARTIN CORP | 1.73% | 8.42% | 1.73% |
| NOCNORTHROP GRUMMAN CORP | 1.54% | 4.23% | 1.54% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in FTCS
Only in SHLD
Questions people ask
Is FTCS the same as SHLD?
5.4% of their weight sits in the same 3 holdings. FTCS also reports CSCO, MNST, TROW, which the other does not. SHLD also reports RTX, PLTR, RH, which the other does not.
How is the overlap between FTCS and SHLD measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of FTCS and 100% of SHLD, so the number cannot exceed the smaller coverage.
Which holds more, SHLD or FTCS?
FTCS reports 51 stock positions and SHLD reports 48. 94.5% of FTCS's weight sits in names SHLD does not hold, and 79.3% of SHLD's weight in names FTCS does not hold. The ten largest positions are 23.0% of FTCS and 59.3% of SHLD.
How do FTCS and SHLD differ by sector?
The widest gap is Industrials: SHLD has 29.7 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.
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.