EWU vs FNDF: Holdings Overlap
EWUiShares MSCI United Kingdom ETF
iShares · 74 holdings · $4.1B · as of 2026-05-31
FNDFSchwab Fundamental International Equity ETF
Schwab · 888 holdings · $25.2B · as of 2026-05-31
How similar are EWU and FNDF?
iShares MSCI United Kingdom ETF (EWU, by iShares) holds 74 positions; Schwab Fundamental International Equity ETF (FNDF, by Schwab) holds 888. They have 60 holdings in common, and by portfolio weight the two funds are 13.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 13.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 60EWU holds 74 · FNDF holds 888
- Weight in Shared Holdings
- EWU 95%·FNDF 13%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 EWU
14 of 74 positions (4.6% of the fund) are not held by FNDF.
Sector Breakdown
| Sector | EWU | FNDF |
|---|---|---|
| Financials | 25.1% | 15.8% |
| Consumer Staples | 15.1% | 6.1% |
| Industrials | 13.0% | 11.4% |
| Health Care | 12.6% | 5.3% |
| Information Technology | 1.1% | 12.3% |
| Other Sectors | 30.0% | 35.3% |
| Unclassified | 2.4% | 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 (2% of EWU, 13% of FNDF).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWU | +3.2% | +12.2% | +24.2% | +18.7% | +12.2% | +8.6% | 3.07% |
| 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 EWU vs FNDF →
Shared Holdings(60)
The top 10 shared positions account for 65% of the overlap, led by SHEL, GLENPEN and BP-.
 SHELShell PLC | 7.51% | 2.19% | 2.19% |
|---|---|---|---|
 GLENPENGlencore PLC | 2.37% | 1.22% | 1.22% |
 BP-BP plc | 3.47% | 1.08% | 1.08% |
 HSBAHSBC Holdings PLC | 10.06% | 1.00% | 1.00% |
 RIORio Tinto PLC | 3.74% | 0.80% | 0.80% |
 BATSBritish American Tobacco PLC | 4.20% | 0.58% | 0.58% |
 VODVodafone Group PLC | 0.88% | 0.51% | 0.51% |
 AALAnglo American PLC | 1.87% | 0.42% | 0.42% |
 AZNAstraZeneca PLC ORD USD0.25 | 8.98% | 0.38% | 0.38% |
 GSKGSK plc | 3.21% | 0.36% | 0.36% |
 BARCBarclays PLC | 2.64% | 0.34% | 0.34% |
 ULVRUnilever PLC | 3.83% | 0.32% | 0.32% |
 TSCOTesco PLC | 1.15% | 0.28% | 0.28% |
 LLOYLloyds Banking Group PLC | 2.51% | 0.28% | 0.28% |
 NG-National Grid PLC | 2.49% | 0.20% | 0.20% |
 NWGNatWest Group PLC | 2.01% | 0.20% | 0.20% |
 STANStandard Chartered PLC | 1.60% | 0.20% | 0.20% |
 BT-ABT Group PLC | 0.52% | 0.19% | 0.19% |
 BA-BAE Systems PLC | 2.55% | 0.16% | 0.16% |
 DGEDiageo PLC | 1.42% | 0.14% | 0.14% |
 IMBImperial Brands PLC | 0.85% | 0.14% | 0.14% |
 CPGCompass Group PLC | 1.70% | 0.12% | 0.12% |
 RKTReckitt Benckiser Group PLC | 1.24% | 0.12% | 0.12% |
 HLNHaleon PLC | 1.25% | 0.11% | 0.11% |
 SBRYJ Sainsbury PLC | 0.21% | 0.10% | 0.10% |
Frequently Asked Questions
How much do EWU and FNDF overlap?
EWU and FNDF overlap by 13.1% of portfolio weight. They share 60 holdings (EWU holds 74 positions and FNDF holds 888), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWU and FNDF?
The two portfolios are 13.1% 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 EWU and FNDF?
The largest positions held by both funds are SHEL, GLENPEN, BP-, HSBA and RIO. Together the top 10 shared positions account for 65% of the total overlap.
What does EWU own that FNDF doesn't?
14 positions (4.6% of EWU) are unique to EWU, led by SUNB, HLMA and IHG. In the other direction, 828 positions (86.3% of FNDF) are unique to FNDF.