EZU vs FNDF: Holdings Overlap
iShares · 226 holdings · $9.8B · as of 2026-05-31
FNDFSchwab Fundamental International Equity ETF
Schwab · 888 holdings · $25.2B · as of 2026-05-31
How similar are EZU and FNDF?
iShares MSCI Eurozone ETF (EZU, by iShares) holds 226 positions; Schwab Fundamental International Equity ETF (FNDF, by Schwab) holds 888. They have 171 holdings in common, and by portfolio weight the two funds are 23.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 23.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 171EZU holds 226 · FNDF holds 888
- Weight in Shared Holdings
- EZU 93%·FNDF 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 EZU
55 of 226 positions (7.0% of the fund) are not held by FNDF. Showing the top 30 by weight.
Sector Breakdown
| Sector | EZU | FNDF |
|---|---|---|
| Financials | 23.5% | 15.8% |
| Industrials | 19.2% | 11.4% |
| Information Technology | 15.4% | 12.3% |
| Energy | 3.9% | 10.0% |
| Materials | 3.9% | 9.5% |
| Other Sectors | 28.5% | 27.2% |
| Unclassified | 5.4% | 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 (5% of EZU, 13% of FNDF).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EZU | +4.0% | +13.7% | +23.6% | +19.3% | +10.3% | +10.8% | 2.57% |
| 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 EZU vs FNDF →
Shared Holdings(171)
The top 10 shared positions account for 27% of the overlap, led by TTE, SAN and DTE.
 TTETotalEnergies SE EUR2.5 | 2.24% | 1.69% | 1.69% |
|---|---|---|---|
 SANBanco Santander SA | 2.37% | 0.73% | 0.73% |
 DTEDeutsche Telekom AG (Registered) | 1.59% | 0.62% | 0.62% |
 MBGMercedes-Benz Group AG | 0.57% | 0.65% | 0.57% |
 ENIEni SpA | 0.69% | 0.55% | 0.55% |
 BASBASF SE | 0.68% | 0.50% | 0.50% |
 SIESiemens AG (Registered) | 3.07% | 0.47% | 0.47% |
 BNPBNP Paribas SA | 1.40% | 0.47% | 0.47% |
 BAYNBayer AG (Registered) | 0.54% | 0.46% | 0.46% |
 ALVAllianz SE (Registered) | 2.17% | 0.43% | 0.43% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 1.72% | 0.41% | 0.41% |
 ASMLASML Holding NV | 8.09% | 0.40% | 0.40% |
| SANSanofi SA | 1.24% | 0.40% | 0.40% |
 ENELEnel S.p.A. EUR1 | 1.18% | 0.38% | 0.38% |
 DHLDeutsche Post AG | 0.71% | 0.38% | 0.38% |
 MTArcelorMittal SA | 0.38% | 0.40% | 0.38% |
 REPRepsol SA | 0.38% | 0.38% | 0.38% |
 NOKIANokia Oyj | 1.00% | 0.35% | 0.35% |
 ORAOrange SA | 0.50% | 0.33% | 0.33% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 1.75% | 0.33% | 0.33% |
 ADKoninklijke Ahold Delhaize NV | 0.48% | 0.33% | 0.33% |
 IBEIberdrola, S.A. EUR0.75 | 1.88% | 0.33% | 0.33% |
 GLESociete Generale SA | 0.74% | 0.30% | 0.30% |
 BMWBayerische Motoren Werke AG | 0.31% | 0.30% | 0.30% |
 INGAING Groep NV | 1.17% | 0.30% | 0.30% |
Frequently Asked Questions
How much do EZU and FNDF overlap?
EZU and FNDF overlap by 23.7% of portfolio weight. They share 171 holdings (EZU holds 226 positions and FNDF holds 888), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EZU and FNDF?
The two portfolios are 23.7% 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 EZU and FNDF?
The largest positions held by both funds are TTE, SAN, DTE, MBG and ENI. Together the top 10 shared positions account for 27% of the total overlap.
What does EZU own that FNDF doesn't?
55 positions (7.0% of EZU) are unique to EZU, led by ARGXB, NBIS and Euro. In the other direction, 717 positions (75.0% of FNDF) are unique to FNDF.