FNDA vs DFAS: Holdings Overlap
FNDASchwab Fundamental U.S. Small Company ETF
Schwab · 930 holdings · $9.4B · as of 2026-05-31
DFASDimensional U.S. Small Cap ETF
Dimensional · 2121 holdings · $15.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (FNDA: 2026-05-31, DFAS: 2026-04-30). 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 FNDA and DFAS?
Schwab Fundamental U.S. Small Company ETF (FNDA, by Schwab) holds 930 positions; Dimensional U.S. Small Cap ETF (DFAS, by Dimensional) holds 2121. They have 749 holdings in common, and by portfolio weight the two funds are 45.3% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 45.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 749FNDA holds 930 · DFAS holds 2121
- Weight in Shared Holdings
- FNDA 79%·DFAS 53%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 FNDA
181 of 930 positions (21.1% of the fund) are not held by DFAS. Showing the top 30 by weight.
Only in DFAS
1372 of 2121 positions (47.0% of the fund) are not held by FNDA. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDA | DFAS |
|---|---|---|
| Industrials | 20.0% | 20.6% |
| Financials | 15.3% | 19.2% |
| Information Technology | 15.0% | 12.0% |
| Consumer Discretionary | 12.1% | 12.4% |
| Health Care | 7.0% | 11.1% |
| Other Sectors | 29.6% | 21.9% |
| Unclassified | 0.8% | 2.7% |
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 (1% of FNDA, 3% of DFAS).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FNDA | +2.5% | +21.8% | +32.0% | +14.5% | +9.0% | +11.0% | 1.09% |
| DFAS | +3.2% | +20.5% | +31.3% | +14.8% | +9.1% | — | 0.95% |
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 FNDA vs DFAS →
Shared Holdings(749)
The top 10 shared positions account for 5% of the overlap, led by AMKR, TTMI and ESI.
 AMKRAmkor Technology, Inc. COM | 0.49% | 0.34% | 0.34% |
|---|---|---|---|
 TTMITTM Technologies Inc COM | 0.43% | 0.34% | 0.34% |
 ESIElement Solutions Inc COM | 0.28% | 0.23% | 0.23% |
 VIAVViavi Solutions Inc COM | 0.31% | 0.23% | 0.23% |
 AITApplied Industrial Technologies Inc. COM | 0.26% | 0.23% | 0.23% |
 LFUSLittelfuse Inc. COM | 0.32% | 0.20% | 0.20% |
 NYTNew York Times Co. (The), Class A | 0.20% | 0.22% | 0.20% |
 WTFCWintrust Financial Corporation COM | 0.20% | 0.21% | 0.20% |
 SSBSouthState Bank Corporation | 0.20% | 0.20% | 0.20% |
 FCFSFirstcash Holdings Inc COM | 0.20% | 0.21% | 0.20% |
 STRLSterling Infrastructure Inc COM | 0.19% | 0.20% | 0.19% |
 MODModine Manufacturing Co. COM | 0.19% | 0.28% | 0.19% |
 DTMDT Midstream Inc COMMON STOCK | 0.19% | 0.22% | 0.19% |
 VMIValmont Industries, Inc. COM | 0.28% | 0.19% | 0.19% |
 FORMFormfactor Inc COM | 0.19% | 0.21% | 0.19% |
 EXELExelixis, Inc. COM | 0.20% | 0.19% | 0.19% |
 FLSFlowserve Corporation COM | 0.25% | 0.18% | 0.18% |
 FIVEFive Below Inc COM | 0.27% | 0.18% | 0.18% |
 CRUSCirrus Logic, Inc. COM | 0.27% | 0.18% | 0.18% |
 DYDycom Industries, Inc. COM | 0.31% | 0.18% | 0.18% |
 KEXKirby Corporation | 0.23% | 0.18% | 0.18% |
 ENSEnerSys COM | 0.38% | 0.18% | 0.18% |
 AEISAdvanced Energy Industries, Inc. COM | 0.18% | 0.29% | 0.18% |
 MOG-AMoog, Inc., Class A | 0.25% | 0.18% | 0.18% |
 COLBColumbia Banking System Inc. COM | 0.21% | 0.17% | 0.17% |
Showing the top 250 of 749 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDA and DFAS overlap?
FNDA and DFAS overlap by 45.3% of portfolio weight. They share 749 holdings (FNDA holds 930 positions and DFAS holds 2121), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDA and DFAS?
The two portfolios are 45.3% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of FNDA and DFAS?
The largest positions held by both funds are AMKR, TTMI, ESI, VIAV and AIT. Together the top 10 shared positions account for 5% of the total overlap.
What does FNDA own that DFAS doesn't?
181 positions (21.1% of FNDA) are unique to FNDA, led by LITE, COHR and ECHO. In the other direction, 1372 positions (47.0% of DFAS) are unique to DFAS.