EMXC vs FNDF: Holdings Overlap
EMXCiShares MSCI Emerging Markets ex China ETF
iShares · 663 holdings · $23.8B · as of 2026-05-31
FNDFSchwab Fundamental International Equity ETF
Schwab · 888 holdings · $25.2B · as of 2026-05-31
How similar are EMXC and FNDF?
iShares MSCI Emerging Markets ex China ETF (EMXC, by iShares) holds 663 positions; Schwab Fundamental International Equity ETF (FNDF, by Schwab) holds 888. They have 47 holdings in common, and by portfolio weight the two funds are 11.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 11.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 47EMXC holds 663 · FNDF holds 888
- Weight in Shared Holdings
- EMXC 27%·FNDF 12%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 EMXC
616 of 663 positions (73.3% of the fund) are not held by FNDF. Showing the top 30 by weight.
Sector Breakdown
| Sector | EMXC | FNDF |
|---|---|---|
| Information Technology | 49.6% | 12.3% |
| Financials | 12.0% | 15.8% |
| Industrials | 3.0% | 11.4% |
| Energy | 2.6% | 10.0% |
| Materials | 3.6% | 9.5% |
| Other Sectors | 9.3% | 27.2% |
| Unclassified | 19.8% | 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 (20% of EMXC, 13% of FNDF).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EMXC | -2.1% | +31.1% | +51.2% | +24.8% | +11.5% | — | 2.03% |
| 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 EMXC vs FNDF →
Shared Holdings(47)
The top 10 shared positions account for 82% of the overlap, led by 005930, 000660 and 005935.
 005930Samsung Electronics Co Ltd | 9.75% | 5.51% | 5.51% |
|---|---|---|---|
 000660SK hynix Inc | 8.35% | 1.37% | 1.37% |
 005935Samsung Electronics Co Ltd | 1.07% | 0.59% | 0.59% |
 005380Hyundai Motor Co | 0.63% | 0.50% | 0.50% |
 009150Samsung Electro-Mechanics Co Ltd | 0.78% | 0.40% | 0.40% |
 012330Hyundai Mobis Co Ltd | 0.30% | 0.27% | 0.27% |
 000270Kia Corp | 0.26% | 0.25% | 0.25% |
 066570LG Electronics Inc | 0.21% | 0.41% | 0.21% |
 PKNOrlen SA PLN1.25 | 0.22% | 0.20% | 0.20% |
 005490POSCO Holdings Inc | 0.20% | 0.34% | 0.20% |
 034730SK Inc | 0.16% | 0.31% | 0.16% |
 055550Shinhan Financial Group Co Ltd | 0.27% | 0.14% | 0.14% |
 006400Samsung SDI Co Ltd | 0.27% | 0.13% | 0.13% |
 105560KB Financial Group Inc | 0.36% | 0.12% | 0.12% |
 051910LG Chem Ltd | 0.12% | 0.12% | 0.12% |
 028260Samsung C&T Corp | 0.24% | 0.10% | 0.10% |
 086790Hana Financial Group Inc | 0.21% | 0.09% | 0.09% |
 017670SK Telecom Co Ltd | 0.07% | 0.09% | 0.07% |
 KGHKGHM Polska Miedz SA | 0.13% | 0.07% | 0.07% |
 316140Woori Financial Group Inc | 0.13% | 0.07% | 0.07% |
 000720Hyundai Engineering & Construction Co Ltd | 0.08% | 0.06% | 0.06% |
 005387Hyundai Motor Co | 0.06% | 0.05% | 0.05% |
 AUAnglogold Ashanti PLC COM SHS | 0.47% | 0.05% | 0.05% |
 267250HD Hyundai Co Ltd | 0.08% | 0.05% | 0.05% |
 018260Samsung SDS Co Ltd | 0.08% | 0.05% | 0.05% |
Frequently Asked Questions
How much do EMXC and FNDF overlap?
EMXC and FNDF overlap by 11.6% of portfolio weight. They share 47 holdings (EMXC holds 663 positions and FNDF holds 888), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EMXC and FNDF?
The two portfolios are 11.6% 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 EMXC and FNDF?
The largest positions held by both funds are 005930, 000660, 005935, 005380 and 009150. Together the top 10 shared positions account for 82% of the total overlap.
What does EMXC own that FNDF doesn't?
616 positions (73.3% of EMXC) are unique to EMXC, led by TSMWF, 2454 and 2308. In the other direction, 841 positions (87.1% of FNDF) are unique to FNDF.