EWT vs FNDE: Holdings Overlap
iShares · 86 holdings · $11.1B · as of 2026-05-31
FNDESchwab Fundamental Emerging Markets Equity ETF
Schwab · 370 holdings · $9.9B · as of 2026-05-31
How similar are EWT and FNDE?
iShares MSCI Taiwan ETF (EWT, by iShares) holds 86 positions; Schwab Fundamental Emerging Markets Equity ETF (FNDE, by Schwab) holds 370. They have 42 holdings in common, and by portfolio weight the two funds are 24.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 24.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 42EWT holds 86 · FNDE holds 370
- Weight in Shared Holdings
- EWT 70%·FNDE 24%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 EWT
44 of 86 positions (30.1% of the fund) are not held by FNDE. Showing the top 30 by weight.
Only in FNDE
328 of 370 positions (75.2% of the fund) are not held by EWT. Showing the top 30 by weight.
Sector Breakdown
| Sector | EWT | FNDE |
|---|---|---|
| Information Technology | 65.0% | 20.6% |
| Financials | 9.5% | 18.1% |
| Energy | 0.0% | 10.8% |
| Materials | 1.0% | 6.7% |
| Consumer Discretionary | 0.0% | 5.3% |
| Other Sectors | 3.4% | 11.0% |
| Unclassified | 21.1% | 27.1% |
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 (21% of EWT, 27% of FNDE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWT | +1.2% | +62.3% | +78.6% | +38.5% | +18.6% | +18.8% | 2.73% |
| FNDE | +5.7% | +16.1% | +27.2% | +20.3% | +10.8% | +10.0% | 3.57% |
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 EWT vs FNDE →
Shared Holdings(42)
The top 10 shared positions account for 70% of the overlap, led by TSMWF, HNHAF and 2454.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 19.33% | 6.48% | 6.48% |
|---|---|---|---|
 HNHAFHon Hai Precision Industry Co Ltd | 4.09% | 3.31% | 3.31% |
 2454MediaTek Inc | 7.55% | 1.80% | 1.80% |
 3711ASE Technology Holding Co Ltd | 2.86% | 1.20% | 1.20% |
 2303United Microelectronics Corp | 2.25% | 1.15% | 1.15% |
 3481Innolux Corp | 1.12% | 0.81% | 0.81% |
 2308Delta Electronics Inc | 5.64% | 0.77% | 0.77% |
 3037Unimicron Technology Corp | 2.72% | 0.59% | 0.59% |
 2603Evergreen Marine Corp Taiwan Ltd | 0.51% | 0.61% | 0.51% |
 1303Nan Ya Plastics Corp | 0.95% | 0.49% | 0.49% |
 2327Yageo Corp | 2.15% | 0.44% | 0.44% |
 2891CTBC Financial Holding Co Ltd | 1.46% | 0.41% | 0.41% |
 AKCPFAsustek Computer Inc | 0.89% | 0.37% | 0.37% |
 2382Quanta Computer Inc | 1.30% | 0.35% | 0.35% |
 2324Compal Electronics Inc | 0.46% | 0.35% | 0.35% |
 4958Zhen Ding Technology Holding Ltd | 1.11% | 0.34% | 0.34% |
 FUISFFubon Financial Holding Co Ltd | 1.35% | 0.34% | 0.34% |
 PGTRFPegatron Corp | 0.49% | 0.32% | 0.32% |
 WICOFWistron Corp | 0.75% | 0.32% | 0.32% |
 2885Yuanta Financial Holding Co Ltd | 1.07% | 0.31% | 0.31% |
 1326Formosa Chemicals & Fibre Corp | 0.47% | 0.28% | 0.28% |
 1301Formosa Plastics Corp | 0.44% | 0.26% | 0.26% |
 2882Cathay Financial Holding Co Ltd | 1.11% | 0.26% | 0.26% |
 2002China Steel Corp | 0.45% | 0.25% | 0.25% |
 2412Chunghwa Telecom Co Ltd | 0.75% | 0.25% | 0.25% |
Frequently Asked Questions
How much do EWT and FNDE overlap?
EWT and FNDE overlap by 24.3% of portfolio weight. They share 42 holdings (EWT holds 86 positions and FNDE holds 370), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWT and FNDE?
The two portfolios are 24.3% 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 EWT and FNDE?
The largest positions held by both funds are TSMWF, HNHAF, 2454, 3711 and 2303. Together the top 10 shared positions account for 70% of the total overlap.
What does EWT own that FNDE doesn't?
44 positions (30.1% of EWT) are unique to EWT, led by 2383, 2345 and AVMPF. In the other direction, 328 positions (75.2% of FNDE) are unique to FNDE.