CGXU vs FNDE: Holdings Overlap
CGXUCapital Group International Focus Equity ETF
Capital Group · 72 holdings · $6.3B · as of 2026-05-31
FNDESchwab Fundamental Emerging Markets Equity ETF
Schwab · 370 holdings · $9.9B · as of 2026-05-31
How similar are CGXU and FNDE?
Capital Group International Focus Equity ETF (CGXU, by Capital Group) holds 72 positions; Schwab Fundamental Emerging Markets Equity ETF (FNDE, by Schwab) holds 370. They have 9 holdings in common, and by portfolio weight the two funds are 10.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 9CGXU holds 72 · FNDE holds 370
- Weight in Shared Holdings
- CGXU 15%·FNDE 11%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in CGXU
63 of 72 positions (81.5% of the fund) are not held by FNDE. Showing the top 30 by weight.
Only in FNDE
361 of 370 positions (88.8% of the fund) are not held by CGXU. Showing the top 30 by weight.
Sector Breakdown
| Sector | CGXU | FNDE |
|---|---|---|
| Information Technology | 20.3% | 20.6% |
| Financials | 12.6% | 18.1% |
| Industrials | 15.2% | 1.9% |
| Materials | 13.6% | 6.7% |
| Energy | 6.5% | 10.8% |
| Other Sectors | 23.4% | 14.4% |
| Unclassified | 4.7% | 27.1% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (5% of CGXU, 27% of FNDE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CGXU | +2.8% | +19.2% | +34.7% | +16.5% | — | — | 4.84% |
| FNDE | +5.7% | +16.1% | +27.2% | +20.3% | +10.8% | +10.0% | 3.57% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in CGXU vs FNDE →
Shared Holdings(9)
The top 9 shared positions account for 100% of the overlap, led by TSMWF, 700 and RELIANCE.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 6.83% | 6.48% | 6.48% |
|---|---|---|---|
 700Tencent Holdings Ltd | 1.27% | 1.51% | 1.27% |
 RELIANCEReliance Industries Ltd | 1.25% | 0.80% | 0.80% |
 ITUB4Itau Unibanco Holding SA | 0.71% | 0.68% | 0.68% |
 GMEXICOBGrupo Mexico SAB de CV | 1.81% | 0.66% | 0.66% |
 BHARTIBharti Airtel Ltd | 1.20% | 0.25% | 0.25% |
| JBS NV | 0.42% | 0.21% | 0.21% |
 MSILMaruti Suzuki India Ltd | 0.64% | 0.13% | 0.13% |
 RENT3Localiza Rent a Car SA | 0.63% | 0.10% | 0.10% |
Frequently Asked Questions
How much do CGXU and FNDE overlap?
CGXU and FNDE overlap by 10.6% of portfolio weight. They share 9 holdings (CGXU holds 72 positions and FNDE holds 370), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CGXU and FNDE?
The two portfolios are 10.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of CGXU and FNDE?
The largest positions held by both funds are TSMWF, 700, RELIANCE, ITUB4 and GMEXICOB. Together the top 9 shared positions account for 100% of the total overlap.
What does CGXU own that FNDE doesn't?
63 positions (81.5% of CGXU) are unique to CGXU, led by 9984, FM and 000660. In the other direction, 361 positions (88.8% of FNDE) are unique to FNDE.