FLIN vs FNDE: Holdings Overlap
Franklin Templeton · 273 holdings · $2.7B · as of 2026-03-31
FNDESchwab Fundamental Emerging Markets Equity ETF
Schwab · 370 holdings · $9.9B · as of 2026-05-31
Holdings snapshots are 61 days apart (FLIN: 2026-03-31, FNDE: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are FLIN and FNDE?
Franklin FTSE India ETF (FLIN, by Franklin Templeton) holds 273 positions; Schwab Fundamental Emerging Markets Equity ETF (FNDE, by Schwab) holds 370. They have 39 holdings in common, and by portfolio weight the two funds are 8.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 39FLIN holds 273 · FNDE holds 370
- Weight in Shared Holdings
- FLIN 51%·FNDE 8%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 FLIN
234 of 273 positions (47.9% of the fund) are not held by FNDE. Showing the top 30 by weight.
Only in FNDE
331 of 370 positions (91.3% of the fund) are not held by FLIN. Showing the top 30 by weight.
Sector Breakdown
| Sector | FLIN | FNDE |
|---|---|---|
| Information Technology | 7.0% | 20.6% |
| Financials | 19.6% | 18.1% |
| Energy | 9.0% | 10.8% |
| Consumer Discretionary | 8.9% | 5.3% |
| Materials | 6.6% | 6.7% |
| Other Sectors | 21.4% | 11.0% |
| Unclassified | 26.7% | 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 (27% of FLIN, 27% of FNDE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FLIN | +2.1% | -6.3% | -3.6% | +5.8% | +4.6% | — | 0.42% |
| 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 FLIN vs FNDE →
Shared Holdings(39)
The top 10 shared positions account for 49% of the overlap, led by RELIANCE, INFO and HDFCB.
 RELIANCEReliance Industries Ltd. INR10(100%DEMAT) | 6.39% | 0.80% | 0.80% |
|---|---|---|---|
 INFOInfosys Ltd. INR5 | 3.00% | 0.45% | 0.45% |
 HDFCBHDFC Bank Ltd. INR1 | 5.79% | 0.44% | 0.44% |
 ICICIBCICICI Bank Ltd. INR2 | 4.44% | 0.42% | 0.42% |
 HNDLHindalco Industries Ltd. INR1 | 0.90% | 0.41% | 0.41% |
 TATATata Steel Ltd. INR1.00(POST SUBDIVISION) | 1.11% | 0.40% | 0.40% |
 ONGCOil & Natural Gas Corp Ltd. INR5 | 0.77% | 0.34% | 0.34% |
 SBINState Bank of India INR1 | 1.26% | 0.30% | 0.30% |
 NTPCNTPC Ltd. INR10 | 1.23% | 0.28% | 0.28% |
 LTLarsen & Toubro Ltd. INR2 | 1.65% | 0.28% | 0.28% |
 AXSBAxis Bank Ltd. INR2 | 1.86% | 0.27% | 0.27% |
 BHARTIBharti Airtel Ltd. INR5 | 3.69% | 0.25% | 0.25% |
 BPCLBharat Petroleum Corp Ltd. INR10 | 0.39% | 0.24% | 0.24% |
 TCSTata Consultancy Services Ltd. INR1 | 1.68% | 0.22% | 0.22% |
 ITCITC Ltd. INR1 | 0.60% | 0.22% | 0.22% |
 IOCLIndian Oil Corp Ltd. INR10 | 0.36% | 0.20% | 0.20% |
 COALCoal India Ltd. INR10 | 0.71% | 0.17% | 0.17% |
 HPCLHindustan Petroleum Corp Ltd. INR10 | 0.22% | 0.16% | 0.16% |
 MMMahindra & Mahindra Ltd. INR5 | 1.92% | 0.16% | 0.16% |
 TMPVTata Motors Passenger Vehicles Ltd. INR 2 | 0.43% | 0.16% | 0.16% |
 PWGRPower Grid Corporation of India Ltd. INR10 | 0.93% | 0.16% | 0.16% |
 GRASIMGrasim Industries Ltd. INR2 | 0.63% | 0.15% | 0.15% |
 POWFPower Finance Corp Ltd. INR10 | 0.38% | 0.15% | 0.15% |
 JSTLJSW Steel Ltd. INR1 | 0.68% | 0.15% | 0.15% |
 GAILGail India Ltd. INR10 | 0.26% | 0.14% | 0.14% |
Frequently Asked Questions
How much do FLIN and FNDE overlap?
FLIN and FNDE overlap by 8.3% of portfolio weight. They share 39 holdings (FLIN holds 273 positions and FNDE holds 370), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FLIN and FNDE?
The two portfolios are 8.3% 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 FLIN and FNDE?
The largest positions held by both funds are RELIANCE, INFO, HDFCB, ICICIBC and HNDL. Together the top 10 shared positions account for 49% of the total overlap.
What does FLIN own that FNDE doesn't?
234 positions (47.9% of FLIN) are unique to FLIN, led by BAF, TTAN and BHE. In the other direction, 331 positions (91.3% of FNDE) are unique to FNDE.