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FUND OVERLAP · LOOK-THROUGH

FTEC vs VXUS: how much do they really overlap?

FTEC (Fidelity MSCI Information Technology Index ETF, tracking the MSCI US IMI Info Tech 25/50) and VXUS (Vanguard Total International Stock ETF, tracking the FTSE Global All Cap ex US) overlap by roughly 0% by weight. 0 of FTEC's top 10 holdings also appear in VXUS. A 50/50 blend of the two behaves like about 59 equally-weighted bets (diversification grade B). In short, the two funds hold almost none of the same securities — they are complementary, not redundant.

0%
weight overlap
0/10
of FTEC’s top 10 also in VXUS
B
50/50 blend grade
~59
real bets in a 50/50 blend

The same companies, in both funds

These 0 holdings appear in both FTEC and VXUS. The weight columns show how much of each fund each name represents.

Holdingin FTECin VXUS

Only in FTEC

Fidelity MSCI Information Technology Index ETFUS tech sector. Its biggest holdings that VXUS doesn’t have:

NVDA NVIDIA Corporation16.20%
AAPL Apple Inc.14.71%
MSFT Microsoft Corporation8.67%
MU Micron Technology, Inc.5.19%
AVGO Broadcom Inc.3.89%
AMD Advanced Micro Devices, Inc.3.44%
INTC Intel Corporation2.32%
AMAT Applied Materials, Inc.2.06%

Only in VXUS

Vanguard Total International Stock ETFtotal ex-US. Its biggest holdings that FTEC doesn’t have:

2330 Taiwan Semiconductor Manufacturing Co. Ltd.3.95%
005930 Samsung Electronics Co. Ltd.2.17%
000660 SK hynix Inc1.85%
ASML ASML Holding NV1.38%
700 Tencent Holdings Ltd.0.74%
HSBA HSBC Holdings plc0.71%
ROP Roche Holding AG0.65%
NOVN Novartis AG0.63%

So — essentially different. Should you hold both?

FTEC and VXUS hold almost none of the same securities — they are complementary, not redundant. Held together they genuinely broaden your exposure — a 50/50 blend reaches ~59 effective positions (grade B), because they hold largely different securities.

Holdings as of — FTEC: Jun 27, 2026 (Fidelity); VXUS: 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.

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FTEC vs VXUS — FAQ

How much do FTEC and VXUS overlap?
FTEC and VXUS overlap by approximately 0% measured by portfolio weight — that is the share of the smaller fund's holdings (by weight) that also sit inside the other. 0 of FTEC's 10 largest holdings are also held by VXUS. They share 0 of their listed top holdings in total.
Is it redundant to hold both FTEC and VXUS?
Because they hold almost none of the same securities — they are complementary, not redundant, holding both is not redundant — each fund covers largely different holdings, so together they broaden your exposure. A 50/50 blend has an effective 59 positions and a B diversification grade.
What does VXUS hold that FTEC doesn't?
VXUS's largest holdings that FTEC doesn't hold include 2330, 005930, 000660, ASML, 700. Its category is total ex-US, versus FTEC's US tech sector.
Which is more concentrated, FTEC or VXUS?
FTEC's top 10 holdings are 80% of its listed weight; VXUS's are 49%. The more concentrated fund leans harder on its largest names.

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