Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FDVV vs GARP: how they differ
FDVV and GARP hold 21% of their weight in the same names, and GARP returned more over the year.
Fidelity High Dividend ETF and iShares MSCI USA Quality GARP ETF.
What they hold in common
By the books each fund has filed, FDVV and GARP hold 21% of their money in the same securities at the same weight.
| Holding | FDVV | GARP |
|---|---|---|
| APPLE INC | 5.70% | 4.44% |
| NVIDIA CORP | 6.86% | 4.16% |
| MICROSOFT CORP | 4.50% | 4.10% |
| BROADCOM INC | 3.50% | 3.96% |
| ALPHABET INC | 2.21% | 2.88% |
| META PLATFORMS INC | 0.74% | 3.35% |
| DELL TECHNOLOGIES INC | 1.44% | 0.61% |
| ELI LILLY and CO | 0.56% | 3.73% |
| GE AEROSPACE | 0.34% | 2.13% |
| FORD MOTOR CO | 1.26% | 0.14% |
| Only in FDVV | Only in GARP |
|---|---|
| JPMORGAN CHASE and CO 2.58% | KLA CORP 6.46% |
| COCA COLA CO 1.85% | MICRON TECHNOLOGY INC 6.07% |
| PROCTER and GAMBLE CO 1.81% | LAM RESEARCH CORP 3.79% |
| BANK OF AMERICA CORPORATION 1.78% | VISA INC 3.73% |
| GOLDMAN SACHS GROUP INC (THE) 1.71% | FORTINET INC 3.16% |
| ALTRIA GROUP INC 1.70% | NETFLIX INC 2.85% |
| HOME DEPOT INC 1.66% | ADOBE INC 2.71% |
| STARBUCKS CORP 1.66% | ADVANCED MICRO DEVICES INC 2.21% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| FDVV Fidelity High Dividend ETF | GARP iShares MSCI USA Quality GARP ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Fidelity | iShares |
| What it is | High Dividend | MSCI USA Quality GARP |
| Total return, 1 year | +17.2% | +29.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.3 pts | +12.0 pts |
| Expense ratio | 0.15% | 0.15% |
| Already in the S&P 500 | 86.7% | 94.4% |
| Holdings | 96 | 131 |
FDVV in plain words
FDVV is an index equity fund tracking the High Dividend. Over the year to Sep 11, 2026 it returned +17.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 96 positions, with the top ten at 32.5%.
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
Questions people ask
- Which returned more over the last year, FDVV or GARP?
- In the year to Sep 12, 2026, with distributions reinvested, FDVV returned +17.2% and GARP returned +29.5%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FDVV or GARP?
- FDVV charges 0.15% a year and GARP charges 0.15%, so FDVV is cheaper. Fees come from each fund's prospectus.
- How much do FDVV and GARP overlap with the S&P 500?
- By their latest filed holdings, 87% of FDVV and 94% of GARP by weight is stocks the S&P 500 already holds. Between the two funds, 21% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FDVV against GARP, data as of Sep 12, 2026. https://etfiq.com/compare/any/FDVV-GARP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources