EWL vs FNDC: Holdings Overlap
EWLiShares MSCI Switzerland ETF
iShares · 42 holdings · $2.2B · as of 2026-05-31
FNDCSchwab Fundamental International Small Equity ETF
Schwab · 1580 holdings · $3.1B · as of 2026-05-31
How similar are EWL and FNDC?
iShares MSCI Switzerland ETF (EWL, by iShares) holds 42 positions; Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580. They have 10 holdings in common, and by portfolio weight the two funds are 1.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 10EWL holds 42 · FNDC holds 1580
- Weight in Shared Holdings
- EWL 9%·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 EWL
32 of 42 positions (89.2% 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 |
|---|---|---|---|---|---|---|---|
| EWL | +1.7% | +9.5% | +22.3% | +13.4% | +7.3% | +10.1% | 1.69% |
| 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 EWL vs FNDC →
Shared Holdings(10)
The top 10 shared positions account for 100% of the overlap, led by HBAN, VACN and AVOL.
 HBANHelvetia Baloise Holding AG | 1.37% | 0.22% | 0.22% |
|---|---|---|---|
 VACNVAT Group AG | 1.37% | 0.14% | 0.14% |
 AVOLAvolta AG | 0.48% | 0.13% | 0.13% |
 SPSNSwiss Prime Site AG | 0.87% | 0.11% | 0.11% |
 STMNStraumann Holding AG | 0.83% | 0.10% | 0.10% |
 EMSNEMS-Chemie Holding AG | 0.56% | 0.09% | 0.09% |
 GALDGalderma Group AG | 2.24% | 0.07% | 0.07% |
 BEANBelimo Holding AG | 0.70% | 0.07% | 0.07% |
 BKWBKW AG | 0.36% | 0.07% | 0.07% |
 BCVNBanque Cantonale Vaudoise | 0.45% | 0.05% | 0.05% |
Frequently Asked Questions
How much do EWL and FNDC overlap?
EWL and FNDC overlap by 1.1% of portfolio weight. They share 10 holdings (EWL holds 42 positions and FNDC holds 1580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWL and FNDC?
The two portfolios are 1.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EWL and FNDC?
The largest positions held by both funds are HBAN, VACN, AVOL, SPSN and STMN. Together the top 10 shared positions account for 100% of the total overlap.
What does EWL own that FNDC doesn't?
32 positions (89.2% of EWL) are unique to EWL, led by ROP, NOVN and NESN. In the other direction, 1570 positions (98.2% of FNDC) are unique to FNDC.