FTEC vs XLK overlap - what they share and where they differ

FTEC and XLK share 78.0% of their weight across 72 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 XLK

78.0%

72 shared positions

FTEC

Fidelity MSCI Information Technology Index ETF

Reported positions cover 100% of the fund, 272 positions · Apr 30, 2026

Top 10: 58.7%·Holdings of FTEC

XLK

State Street(R) Technology Select Sector SPDR(R) ETF

Reported positions cover 100% of the fund, 74 positions · Jun 30, 2026

Top 10: 64.5%·Holdings of XLK

Reported positions cover FTEC 100%, XLK 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

XLK vs FTEC side by side

FTECFidelity MSCI Information Technology Index ETF

272

stock positions reported to the SEC

14.6% of its weight is in 200 names XLK does not hold

XLKState Street(R) Technology Select Sector SPDR(R) ETF

74

stock positions reported to the SEC

2.1% of its weight is in 2 names FTEC does not hold

Where each fund's weight sits

FTEC
XLK
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
93.9%
96.9%
Healthcare
1.9%
1.0%
Basic Materials
1.0%
1.1%
Consumer Cyclical
1.0%
0.4%
Industrials
0.4%
0.2%

The widest gap is Technology: XLK has 3.0 points more of it.

The figures side by side

FTECXLK
Filing dateApr 30, 2026Jun 30, 2026
Stock positions reported27274
Weight of the ten largest58.7%64.5%
Largest positionNVDA 18.0%NVDA 14.7%
Held alone200 positions, 14.6%2 positions, 2.1%
Covered by stock positions100%100%

Holdings they share

StockIn FTECIn XLKCounted
NVDANVIDIA Corp17.97%14.65%14.65%
AAPLApple Inc14.36%12.85%12.85%
MSFTMicrosoft Corp9.53%8.38%8.38%
AVGOBroadcom Inc5.01%5.41%5.01%
MUMicron Technology Inc2.63%5.42%2.63%
AMDAdvanced Micro Devices Inc2.59%5.28%2.59%
INTCIntel Corp1.99%3.68%1.99%
CSCOCisco Systems Inc1.66%2.58%1.66%
LRCXLam Research Corp1.49%3.02%1.49%
AMATApplied Materials Inc1.44%3.20%1.44%

What each holds alone

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

Only in FTEC

SANDISK CORP/DE0.80%
NETCloudflare Inc0.35%
SNOWSnowflake Inc0.23%
MSTRStrategy Inc0.22%
ALABAstera Labs Inc0.21%
CRDOCredo Technology Group Holding Ltd0.21%
FNFabrinet0.21%
TTMITTM Technologies Inc0.20%
TWLOTwilio Inc0.20%
VIAVViavi Solutions Inc0.19%

Only in XLK

SNDKSandisk Corp1.88%
QQnity Electronics Inc0.19%

Questions people ask

Is FTEC the same as XLK?

78.0% of their weight sits in the same 72 holdings. FTEC also reports SANDISK CORP/DE, NET, SNOW, which the other does not. XLK also reports SNDK, Q, which the other does not.

How is the overlap between FTEC and XLK 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 XLK, so the number cannot exceed the smaller coverage.

Which holds more, XLK or FTEC?

FTEC reports 272 stock positions and XLK reports 74. 14.6% of FTEC's weight sits in names XLK does not hold, and 2.1% of XLK's weight in names FTEC does not hold. The ten largest positions are 58.7% of FTEC and 64.5% of XLK.

How do FTEC and XLK differ by sector?

The widest gap is Technology: XLK has 3.0 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.