EFV vs FNDF: Holdings Overlap
EFViShares MSCI EAFE Value ETF
iShares · 419 holdings · $29.6B · as of 2026-04-30
FNDFSchwab Fundamental International Equity ETF
Schwab · 888 holdings · $25.2B · as of 2026-05-31
Holdings snapshots are 31 days apart (EFV: 2026-04-30, FNDF: 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 EFV and FNDF?
iShares MSCI EAFE Value ETF (EFV, by iShares) holds 419 positions; Schwab Fundamental International Equity ETF (FNDF, by Schwab) holds 888. They have 338 holdings in common, and by portfolio weight the two funds are 49.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 49.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 338EFV holds 419 · FNDF holds 888
- Weight in Shared Holdings
- EFV 94%·FNDF 54%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 EFV
81 of 419 positions (5.0% of the fund) are not held by FNDF. Showing the top 30 by weight.
Sector Breakdown
| Sector | EFV | FNDF |
|---|---|---|
| Financials | 35.7% | 15.8% |
| Information Technology | 2.8% | 12.3% |
| Industrials | 9.3% | 11.4% |
| Energy | 7.3% | 10.0% |
| Materials | 7.1% | 9.5% |
| Other Sectors | 32.1% | 27.2% |
| Unclassified | 4.9% | 13.1% |
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 EFV, 13% of FNDF).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EFV | +5.3% | +18.3% | +32.4% | +23.4% | +14.6% | +10.7% | 4.44% |
| FNDF | +4.2% | +22.8% | +39.1% | +23.1% | +14.5% | +12.0% | 2.97% |
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 EFV vs FNDF →
Shared Holdings(338)
The top 10 shared positions account for 22% of the overlap, led by SHEL, TTE and BHP.
 SHELShell PLC | 2.27% | 2.19% | 2.19% |
|---|---|---|---|
 TTETotalEnergies SE EUR2.5 | 1.62% | 1.69% | 1.62% |
 BHPBHP Group Ltd. | 1.76% | 1.22% | 1.22% |
 BP-BP plc | 1.09% | 1.08% | 1.08% |
 HSBAHSBC Holdings PLC | 2.77% | 1.00% | 1.00% |
 7203Toyota Motor Corp. NPV | 1.59% | 0.89% | 0.89% |
 ROPRoche Holding AG | 2.51% | 0.82% | 0.82% |
 RIORio Tinto PLC | 1.00% | 0.80% | 0.80% |
 SANBanco Santander SA | 1.57% | 0.73% | 0.73% |
 GLENPENGlencore PLC | 0.68% | 1.22% | 0.68% |
 NESNNestle SA (Registered) | 2.29% | 0.67% | 0.67% |
 8058Mitsubishi Corp. NPV | 0.90% | 0.62% | 0.62% |
 DTEDeutsche Telekom AG (Registered) | 0.68% | 0.62% | 0.62% |
 BATSBritish American Tobacco PLC | 1.12% | 0.58% | 0.58% |
 ENIEni SpA | 0.51% | 0.55% | 0.51% |
 BASBASF SE | 0.50% | 0.50% | 0.50% |
 6981Murata Manufacturing Co Ltd. NPV | 0.48% | 0.47% | 0.47% |
 SIESiemens AG (Registered) | 1.29% | 0.47% | 0.47% |
 BNPBNP Paribas SA | 0.92% | 0.47% | 0.47% |
 8031Mitsui & Co Ltd. NPV | 0.81% | 0.46% | 0.46% |
 ALVAllianz SE (Registered) | 1.52% | 0.43% | 0.43% |
 6752Panasonic Holdings Corporation COMMON STOCK | 0.42% | 0.50% | 0.42% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 1.10% | 0.41% | 0.41% |
| SANSanofi SA | 0.90% | 0.40% | 0.40% |
 9984SoftBank Group Corp. | 0.39% | 0.41% | 0.39% |
Showing the top 250 of 338 shared holdings by overlap weight.
Frequently Asked Questions
How much do EFV and FNDF overlap?
EFV and FNDF overlap by 49.9% of portfolio weight. They share 338 holdings (EFV holds 419 positions and FNDF holds 888), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EFV and FNDF?
The two portfolios are 49.9% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of EFV and FNDF?
The largest positions held by both funds are SHEL, TTE, BHP, BP- and HSBA. Together the top 10 shared positions account for 22% of the total overlap.
What does EFV own that FNDF doesn't?
81 positions (5.0% of EFV) are unique to EFV, led by INVEB, HBAN and 2388. In the other direction, 550 positions (45.0% of FNDF) are unique to FNDF.