EWA vs FNDC: Holdings Overlap
iShares · 48 holdings · $1.4B · as of 2026-05-31
FNDCSchwab Fundamental International Small Equity ETF
Schwab · 1580 holdings · $3.1B · as of 2026-05-31
How similar are EWA and FNDC?
iShares MSCI Australia ETF (EWA, by iShares) holds 48 positions; Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580. They have 12 holdings in common, and by portfolio weight the two funds are 0.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12EWA holds 48 · FNDC holds 1580
- Weight in Shared Holdings
- EWA 7%·FNDC 1%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 EWA
36 of 48 positions (92.5% 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 |
|---|---|---|---|---|---|---|---|
| EWA | +8.1% | +17.8% | +17.9% | +14.3% | +7.2% | +8.2% | 2.79% |
| 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 EWA vs FNDC →
Shared Holdings(12)
The top 10 shared positions account for 94% of the overlap, led by EVN, VCX and QAN.
 EVNEvolution Mining Ltd | 1.24% | 0.15% | 0.15% |
|---|---|---|---|
 VCXVicinity Ltd | 0.49% | 0.12% | 0.12% |
 QANQantas Airways Ltd | 0.35% | 0.08% | 0.08% |
 SGHSGH Ltd | 0.42% | 0.08% | 0.08% |
 ASXASX Ltd | 0.45% | 0.07% | 0.07% |
 TLCLottery Corp Ltd/The | 0.60% | 0.07% | 0.07% |
 LYCLynas Rare Earths Ltd | 0.87% | 0.06% | 0.06% |
 SIGSigma Healthcare Ltd | 0.76% | 0.04% | 0.04% |
 CARCAR Group Ltd | 0.47% | 0.04% | 0.04% |
 COHCochlear Ltd | 0.33% | 0.04% | 0.04% |
 REAREA Group Ltd | 0.39% | 0.03% | 0.03% |
 0XEXero Ltd | 0.64% | 0.03% | 0.03% |
Frequently Asked Questions
How much do EWA and FNDC overlap?
EWA and FNDC overlap by 0.8% of portfolio weight. They share 12 holdings (EWA holds 48 positions and FNDC holds 1580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWA and FNDC?
The two portfolios are 0.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EWA and FNDC?
The largest positions held by both funds are EVN, VCX, QAN, SGH and ASX. Together the top 10 shared positions account for 94% of the total overlap.
What does EWA own that FNDC doesn't?
36 positions (92.5% of EWA) are unique to EWA, led by BHP, CBA and WBC. In the other direction, 1568 positions (98.5% of FNDC) are unique to FNDC.