FNDA vs ICLN: Holdings Overlap
FNDASchwab Fundamental U.S. Small Company ETF
Schwab · 930 holdings · $9.4B · as of 2026-05-31
ICLNiShares Global Clean Energy ETF
iShares · 123 holdings · $2.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (FNDA: 2026-05-31, ICLN: 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 ICLN?
Schwab Fundamental U.S. Small Company ETF (FNDA, by Schwab) holds 930 positions; iShares Global Clean Energy ETF (ICLN, by iShares) holds 123. They have 5 holdings in common, and by portfolio weight the two funds are 0.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5FNDA holds 930 · ICLN holds 123
- Weight in Shared Holdings
- FNDA 1%·ICLN 14%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
925 of 930 positions (99.1% of the fund) are not held by ICLN. Showing the top 30 by weight.
Only in ICLN
118 of 123 positions (85.7% of the fund) are not held by FNDA. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDA | ICLN |
|---|---|---|
| Industrials | 20.0% | 32.4% |
| Utilities | 2.7% | 19.4% |
| Financials | 15.3% | 0.0% |
| Information Technology | 15.0% | 12.3% |
| Consumer Discretionary | 12.1% | 0.0% |
| Other Sectors | 33.8% | 1.3% |
| Unclassified | 0.8% | 34.0% |
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, 34% of ICLN).
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% |
| ICLN | -5.3% | +11.7% | +34.9% | +4.0% | -3.1% | +8.9% | 1.01% |
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 ICLN →
Shared Holdings(5)
The top 5 shared positions account for 100% of the overlap, led by ENPH, GPRE and NXT.
 ENPHEnphase Energy Inc COM | 0.25% | 3.24% | 0.25% |
|---|---|---|---|
 GPREGreen Plains Inc. COM | 0.18% | 0.91% | 0.18% |
 NXTNextpower Inc. CLASS A COM | 0.12% | 7.26% | 0.12% |
 CWENClearway Energy, Inc., Class C | 0.12% | 1.88% | 0.12% |
 REXRex American Resources Corp COM | 0.06% | 0.34% | 0.06% |
Frequently Asked Questions
How much do FNDA and ICLN overlap?
FNDA and ICLN overlap by 0.7% of portfolio weight. They share 5 holdings (FNDA holds 930 positions and ICLN holds 123), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDA and ICLN?
The two portfolios are 0.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FNDA and ICLN?
The largest positions held by both funds are ENPH, GPRE, NXT, CWEN and REX. Together the top 5 shared positions account for 100% of the total overlap.
What does FNDA own that ICLN doesn't?
925 positions (99.1% of FNDA) are unique to FNDA, led by LITE, VSAT and COHR. In the other direction, 118 positions (85.7% of ICLN) are unique to ICLN.