EFAV vs FNDC: Holdings Overlap
EFAViShares MSCI EAFE Min Vol Factor ETF
iShares · 256 holdings · $5.4B · as of 2026-04-30
FNDCSchwab Fundamental International Small Equity ETF
Schwab · 1580 holdings · $3.1B · as of 2026-05-31
Holdings snapshots are 31 days apart (EFAV: 2026-04-30, FNDC: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are EFAV and FNDC?
iShares MSCI EAFE Min Vol Factor ETF (EFAV, by iShares) holds 256 positions; Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580. They have 40 holdings in common, and by portfolio weight the two funds are 2.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 40EFAV holds 256 · FNDC holds 1580
- Weight in Shared Holdings
- EFAV 11%·FNDC 3%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 EFAV
216 of 256 positions (88.0% of the fund) are not held by FNDC. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EFAV | +5.0% | +11.3% | +15.7% | +15.3% | +7.1% | +6.6% | 3.03% |
| FNDC | +4.3% | +15.1% | +22.5% | +18.2% | +8.5% | +9.0% | 3.53% |
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 EFAV vs FNDC →
Shared Holdings(40)
The top 10 shared positions account for 45% of the overlap, led by HBAN, ESLTIL-S and SGX.
 HBANHelvetia Baloise Holding AG | 0.75% | 0.22% | 0.22% |
|---|---|---|---|
 ESLTIL-SElbit Systems Ltd. | 0.49% | 0.15% | 0.15% |
 SGXSingapore Exchange Ltd | 0.86% | 0.14% | 0.14% |
 STESingapore Technologies Engineering Ltd | 0.59% | 0.13% | 0.13% |
 TRYGTryg A/S | 0.62% | 0.12% | 0.12% |
 66MTR Corp Ltd | 0.40% | 0.12% | 0.12% |
 SPSNSwiss Prime Site AG | 1.08% | 0.11% | 0.11% |
 FPHFisher & Paykel Healthcare Corp Ltd | 0.19% | 0.11% | 0.11% |
 QIAQiagen N.V. | 0.37% | 0.10% | 0.10% |
 4151Kyowa Kirin Co Ltd | 0.29% | 0.10% | 0.10% |
 4661Oriental Land Co Ltd/Japan | 0.30% | 0.09% | 0.09% |
 8951Nippon Building Fund Inc | 0.60% | 0.08% | 0.08% |
 83Sino Land Co Ltd | 0.16% | 0.08% | 0.08% |
 GETGetlink SE | 0.15% | 0.08% | 0.08% |
 GJFGjensidige Forsikring ASA | 0.08% | 0.08% | 0.08% |
 ORNBVOrion Oyj | 0.07% | 0.13% | 0.07% |
 KOGKongsberg Gruppen ASA | 0.17% | 0.07% | 0.07% |
 BKWBKW AG | 0.28% | 0.07% | 0.07% |
 TLCLottery Corp Ltd/The | 0.19% | 0.07% | 0.07% |
 BIMBioMerieux | 0.09% | 0.06% | 0.06% |
 ENXEuronext NV | 0.06% | 0.09% | 0.06% |
 BCPBanco Comercial Portugues SA | 0.06% | 0.13% | 0.06% |
 7550Zensho Holdings Co., Ltd. NPV | 0.05% | 0.06% | 0.05% |
 MELMeridian Energy Ltd | 0.05% | 0.07% | 0.05% |
 RECRecordati Industria Chimica e Farmaceutica SpA | 0.05% | 0.08% | 0.05% |
Frequently Asked Questions
How much do EFAV and FNDC overlap?
EFAV and FNDC overlap by 2.9% of portfolio weight. They share 40 holdings (EFAV holds 256 positions and FNDC holds 1580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EFAV and FNDC?
The two portfolios are 2.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EFAV and FNDC?
The largest positions held by both funds are HBAN, ESLTIL-S, SGX, STE and TRYG. Together the top 10 shared positions account for 45% of the total overlap.
What does EFAV own that FNDC doesn't?
216 positions (88.0% of EFAV) are unique to EFAV, led by ENI, TTE and EQNR. In the other direction, 1540 positions (96.0% of FNDC) are unique to FNDC.