FTEC vs FXL overlap - what they share and where they differ
FTEC and FXL share 27.7% of their weight across 92 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.
FTEC and FXL
27.7%
92 shared positions
FTEC
Fidelity MSCI Information Technology Index ETF
Reported positions cover 100% of the fund, 278 positions · Jul 31, 2026
Top 10: 62.2%·Holdings of FTEC
FXL
First Trust Technology AlphaDEX Fund
Reported positions cover 100% of the fund, 110 positions · Jul 31, 2026
Top 10: 18.1%·Holdings of FXL
Reported positions cover FTEC 100%, FXL 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
FXL vs FTEC side by side
FTECFidelity MSCI Information Technology Index ETF
278
stock positions reported to the SEC
19.1% of its weight is in 186 names FXL does not hold
FXLFirst Trust Technology AlphaDEX Fund
110
stock positions reported to the SEC
15.1% of its weight is in 18 names FTEC does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: FTEC has 5.1 points more of it.
The figures side by side
| FTEC | FXL | |
|---|---|---|
| Filing date | Jul 31, 2026 | Jul 31, 2026 |
| Stock positions reported | 278 | 110 |
| Weight of the ten largest | 62.2% | 18.1% |
| Largest position | NVDA 17.1% | CTSH 2.4% |
| Held alone | 186 positions, 19.1% | 18 positions, 15.1% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In FTEC | In FXL | Counted |
|---|---|---|---|
| AMDAdvanced Micro Devices Inc | 3.18% | 1.36% | 1.36% |
| MUMicron Technology Inc | 3.82% | 1.18% | 1.18% |
| PANWPalo Alto Networks Inc | 1.17% | 1.29% | 1.17% |
| LRCXLam Research Corp | 1.54% | 1.12% | 1.12% |
| TXNTexas Instruments Inc | 1.07% | 0.92% | 0.92% |
| APHAmphenol Corp | 0.85% | 1.21% | 0.85% |
| CRWDCrowdstrike Holdings Inc | 0.83% | 1.32% | 0.83% |
| WDCWestern Digital Corp | 0.83% | 1.41% | 0.83% |
| MSFTMicrosoft Corp | 10.93% | 0.82% | 0.82% |
| KLACKLA Corp | 1.03% | 0.80% | 0.80% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in FTEC
Only in FXL
Questions people ask
Is FTEC the same as FXL?
27.7% of their weight sits in the same 92 holdings. FTEC also reports CSCO, INTC, PLTR, which the other does not. FXL also reports LDOS, DOX, KBR, which the other does not.
How is the overlap between FTEC and FXL 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 FTEC and 100% of FXL, so the number cannot exceed the smaller coverage.
Which holds more, FXL or FTEC?
FTEC reports 278 stock positions and FXL reports 110. 19.1% of FTEC's weight sits in names FXL does not hold, and 15.1% of FXL's weight in names FTEC does not hold. The ten largest positions are 62.2% of FTEC and 18.1% of FXL.
How do FTEC and FXL differ by sector?
The widest gap is Technology: FTEC has 5.1 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
FTEC 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.