FTEC vs VTI: how much do they really overlap?
FTEC (Fidelity MSCI Information Technology Index ETF, tracking the MSCI US IMI Info Tech 25/50) and VTI (Vanguard Total Stock Market ETF, tracking the CRSP US Total Market) overlap by roughly 51% by weight. 10 of FTEC's top 10 holdings also appear in VTI. A 50/50 blend of the two behaves like about 30 equally-weighted bets (diversification grade C). In short, the two funds share a meaningful core of the same megacaps, but each also brings real exposure the other lacks.
The same companies, in both funds
These 18 holdings appear in both FTEC and VTI. The weight columns show how much of each fund each name represents.
| Holding | in FTEC | in VTI |
|---|---|---|
| NVDA NVIDIA Corporation | 16.20% | 6.70% |
| AAPL Apple Inc. | 14.71% | 6.30% |
| MSFT Microsoft Corporation | 8.67% | 4.60% |
| AVGO Broadcom Inc. | 3.89% | 2.91% |
| MU Micron Technology, Inc. | 5.19% | 1.50% |
| AMD Advanced Micro Devices, Inc. | 3.44% | 1.16% |
| INTC Intel Corporation | 2.32% | 0.63% |
| CSCO Cisco Systems, Inc. | 1.85% | 0.59% |
| LRCX Lam Research Corporation | 1.97% | 0.55% |
| ORCL Oracle Corporation | 1.02% | 0.54% |
| AMAT Applied Materials, Inc. | 2.06% | 0.49% |
| PLTR Palantir Technologies Inc. | 1.02% | 0.47% |
| TXN Texas Instruments Incorporated | 1.09% | 0.38% |
| IBM International Business Machines Corporation | 1.05% | 0.38% |
| QCOM QUALCOMM Incorporated | 0.86% | 0.37% |
+ 3 more shared holdings.
Only in FTEC
Fidelity MSCI Information Technology Index ETF — US tech sector. Its biggest holdings that VTI doesn’t have:
| MRVL Marvell Technology, Inc. | 0.99% |
| WDC Western Digital Corporation | 0.88% |
| APH Amphenol Corporation | 0.86% |
| STX Seagate Technology Holdings plc | 0.85% |
| ADI Analog Devices, Inc. | 0.81% |
| GLW Corning Incorporated | 0.77% |
| CRWD CrowdStrike Holdings, Inc. | 0.75% |
Only in VTI
Vanguard Total Stock Market ETF — total US market. Its biggest holdings that FTEC doesn’t have:
| AMZN Amazon.com Inc. | 3.60% |
| GOOGL Alphabet Inc. Class A | 3.05% |
| GOOG Alphabet Inc. Class C | 2.39% |
| META Facebook Inc. Class A | 1.90% |
| TSLA Tesla Inc. | 1.69% |
| LLY Eli Lilly & Co. | 1.29% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.17% |
| JPM JPMorgan Chase & Co. | 1.04% |
So — partly overlapping. Should you hold both?
FTEC and VTI share a meaningful core of the same megacaps, but each also brings real exposure the other lacks. Held together they keep a shared megacap core but each still pulls in exposure the other lacks, so a 50/50 blend spreads to ~30 effective positions (grade C).
Holdings as of — FTEC: Jun 27, 2026 (Fidelity); VTI: May 31, 2026 (Vanguard). Refreshed monthly. Overlap is measured across each fund’s largest holdings (top 50); the diffuse long tail barely moves the math.
See this for YOUR whole portfolio, free →FTEC vs VTI — FAQ
- How much do FTEC and VTI overlap?
- FTEC and VTI overlap by approximately 51% measured by portfolio weight — that is the share of the smaller fund's holdings (by weight) that also sit inside the other. 10 of FTEC's 10 largest holdings are also held by VTI. They share 18 of their listed top holdings in total.
- Is it redundant to hold both FTEC and VTI?
- Because they share a meaningful core of the same megacaps, but each also brings real exposure the other lacks, holding both is partly redundant: you double up on a shared core (NVDA) while each fund still adds distinct exposure. A 50/50 blend has an effective 30 positions and a C diversification grade.
- What does VTI hold that FTEC doesn't?
- VTI's largest holdings that FTEC doesn't hold include AMZN, GOOGL, GOOG, META, TSLA. Its category is total US market, versus FTEC's US tech sector.
- Which is more concentrated, FTEC or VTI?
- FTEC's top 10 holdings are 80% of its listed weight; VTI's are 61%. The more concentrated fund leans harder on its largest names.