FTCS vs USMV overlap - what they share and where they differ
FTCS and USMV share 24.9% of their weight across 29 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 USMV
24.9%
29 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
USMV
iShares MSCI USA Min Vol Factor ETF
Reported positions cover 100% of the fund, 165 positions · Jul 31, 2026
Top 10: 15.1%·Holdings of USMV
Reported positions cover FTCS 100%, USMV 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
USMV vs FTCS side by side
FTCSFirst Trust Capital Strength ETF
51
stock positions reported to the SEC
41.5% of its weight is in 22 names USMV does not hold
USMViShares MSCI USA Min Vol Factor ETF
165
stock positions reported to the SEC
74.8% of its weight is in 136 names FTCS does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Industrials: FTCS has 19.8 points more of it.
The figures side by side
| FTCS | USMV | |
|---|---|---|
| Filing date | Jun 30, 2026 | Jul 31, 2026 |
| Stock positions reported | 51 | 165 |
| Weight of the ten largest | 23.0% | 15.1% |
| Largest position | CSCO 2.7% | MSFT 1.6% |
| Held alone | 22 positions, 41.5% | 136 positions, 74.8% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In FTCS | In USMV | Counted |
|---|---|---|---|
| MSFTMICROSOFT CORP | 1.78% | 1.62% | 1.62% |
| JNJJOHNSON & JOHNSON | 2.18% | 1.54% | 1.54% |
| CSCOCISCO SYSTEMS INC | 2.74% | 1.46% | 1.46% |
| MSIMOTOROLA SOLUTIONS INC | 1.89% | 1.39% | 1.39% |
| MRKMERCK & COMPANY INC | 2.17% | 1.35% | 1.35% |
| KOCOCA-COLA COMPANY (THE) | 2.16% | 1.28% | 1.28% |
| MAMASTERCARD INC | 1.98% | 1.26% | 1.26% |
| CORCENCORA INC | 1.74% | 1.25% | 1.25% |
| TJXTJX COMPANIES INC (THE) | 1.90% | 1.11% | 1.11% |
| PGPROCTER & GAMBLE COMPANY (THE) | 2.01% | 1.04% | 1.04% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in FTCS
Only in USMV
Questions people ask
Is FTCS the same as USMV?
24.9% of their weight sits in the same 29 holdings. FTCS also reports TROW, CINF, A, which the other does not. USMV also reports APH, WELL, CB, which the other does not.
How is the overlap between FTCS and USMV 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 USMV, so the number cannot exceed the smaller coverage.
Which holds more, USMV or FTCS?
FTCS reports 51 stock positions and USMV reports 165. 41.5% of FTCS's weight sits in names USMV does not hold, and 74.8% of USMV's weight in names FTCS does not hold. The ten largest positions are 23.0% of FTCS and 15.1% of USMV.
How do FTCS and USMV differ by sector?
The widest gap is Industrials: FTCS has 19.8 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.