How to Find Overlapping ETFs in your Fidelity Portfolio

Fidelity has many index funds that cover different markets. However, some of these funds overlap significantly in terms of the underlying holdings.

For example, the Fidelity ZERO Large Cap Index Fund (FNILX) and the Fidelity ZERO Extended Market Index Fund (FZIPX) hold stocks in the same companies. As a result, investors who want to diversify their portfolio may want to consider other options.

ETF Overlap Tool

One way to avoid investing in identical ETFs is by looking at their overall holdings, especially the top 10. You can also use an Overlap ETF Tool to expedite this process.

The ETF Overlap Tool is a web-based application that allows users to compare the holdings of two exchange-traded funds (ETFs) and identify the overlapping stocks. The tool also provides data on the percent of overlap and the sector breakdown of the overlap.

How to Find Overlap in your Fidelity Portfolio

First, log in to your Fidelity account and prepare a list of existing ETFs in your portfolio.

Use the Fund Overlap tool from the ETF Research Center to check for overlapping ETFs in your account.

To find the overlap, compare the weightings of each ETF to see where they differ. It will tell you how many overlapping holdings are in your ETFs.

This tool does not work on mutual funds.

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Hi! I'm Diego, 38, and I currently reside in New York. I work as a financial analyst. I primarily focus on initiatives involving research and data analysis.

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