FTEC vs SMH overlap - what they share and where they differ
FTEC and SMH share 39.8% of their weight across 21 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the equity positions the largest US ETFs report to the SEC and works out the overlap of every pair. For each stock both hold, we use the smaller of its two weights.
FTEC and SMH
39.8%
21 shared stocks
FTECFidelity MSCI Information Technology Index ETF
Holdings of FTEC- Stock positions reported
- 278
- Weight of the ten largest
- 62.2%
- Only here, not in SMH
- 60.0%
SMHVanEck Semiconductor ETF
Holdings of SMH- Stock positions reported
- 25
- Weight of the ten largest
- 70.2%
- Only here, not in FTEC
- 16.8%
FTEC vs SMH side by side
The same figures from the two funds' filings, side by side.
Largest sectors for both funds
- Technology: FTEC 97.6%, SMH 100.0%
- Industrials: FTEC 0.8%, SMH 0.0%
- Consumer cyclical: FTEC 0.5%, SMH 0.0%
- Basic materials: FTEC 0.3%, SMH 0.0%
- Communication services: FTEC 0.2%, SMH 0.0%
- Financial services: FTEC 0.2%, SMH 0.0%
The widest gap is Technology: SMH has 2.4 points more of it.
- Filing dateFTECJul 31, 2026
- Stock positions reportedFTEC278
- Weight of the ten largestFTEC62.2%
- Largest positionFTECNVDA 17.1%
- Held aloneFTEC257 positions, 60.0%
- Covered by stock positionsFTEC100%
| FTEC | SMH | |
|---|---|---|
| Filing date | Jul 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 278 | 25 |
| Weight of the ten largest | 62.2% | 70.2% |
| Largest position | NVDA 17.1% | NVDA 17.6% |
| Held alone | 257 positions, 60.0% | 4 positions, 16.8% |
| Covered by stock positions | 100% | 100% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in FTEC
257 positions only here, 60.0% of the fund
- AAPLApple Inc16.21%
- MSFTMicrosoft Corp10.93%
- CSCOCisco Systems Inc1.92%
- PANWPalo Alto Networks Inc1.17%
- PLTRPalantir Technologies Inc1.13%
- ORCLOracle Corp0.90%
- IBMInternational Business Machines Corp0.87%
- APHAmphenol Corp0.85%
- ANETArista Networks Inc0.84%
- CRWDCrowdstrike Holdings Inc0.83%
Only in SMH
4 positions only here, 16.8% of the fund
- TSMTaiwan Semiconductor Manufacturing Co Ltd9.29%
- ASMLASML Holding NV5.04%
- STMSTMicroelectronics NV1.26%
- ARMARM Holdings PLC1.17%
Holdings they share
- NVDANVIDIA CorpCounted17.09%
- AVGOBroadcom IncCounted4.20%
- MUMicron Technology IncCounted3.82%
- AMDAdvanced Micro Devices IncCounted3.18%
- AMATApplied Materials IncCounted1.69%
- INTCIntel CorpCounted1.65%
- LRCXLam Research CorpCounted1.54%
- TXNTexas Instruments IncCounted1.07%
- KLACKLA CorpCounted1.03%
- ADIAnalog Devices IncCounted0.78%
| Stock | In FTEC | In SMH | Counted |
|---|---|---|---|
| NVDANVIDIA Corp | 17.09% | 17.55% | 17.09% |
| AVGOBroadcom Inc | 4.20% | 5.28% | 4.20% |
| MUMicron Technology Inc | 3.82% | 5.67% | 3.82% |
| AMDAdvanced Micro Devices Inc | 3.18% | 5.63% | 3.18% |
| AMATApplied Materials Inc | 1.69% | 5.74% | 1.69% |
| INTCIntel Corp | 1.65% | 5.15% | 1.65% |
| LRCXLam Research Corp | 1.54% | 5.31% | 1.54% |
| TXNTexas Instruments Inc | 1.07% | 4.17% | 1.07% |
| KLACKLA Corp | 1.03% | 5.57% | 1.03% |
| ADIAnalog Devices Inc | 0.78% | 4.00% | 0.78% |
Other pairs with these funds
FTEC against other funds in the table
FTEC vs VGT95.4%Next step
From one fund to your whole portfolio
Is FTEC the same as SMH?
39.8% of their weight sits in the same 21 holdings. FTEC also reports AAPL, MSFT, CSCO, which the other does not. SMH also reports TSM, ASML, STM, which the other does not.
How is the overlap between FTEC and SMH 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 SMH, so the number cannot exceed the smaller coverage.
Which holds more, SMH or FTEC?
FTEC reports 278 stock positions and SMH reports 25. 60.0% of FTEC's weight sits in names SMH does not hold, and 16.8% of SMH's weight in names FTEC does not hold. The ten largest positions are 62.2% of FTEC and 70.2% of SMH.
How do FTEC and SMH differ by sector?
The widest gap is Technology: SMH has 2.4 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.
Related pages
Descriptive data from public SEC filings. Holdings change between filings.