FNDA vs IEO: Holdings Overlap
FNDASchwab Fundamental U.S. Small Company ETF
Schwab · 930 holdings · $9.4B · as of 2026-05-31
IEOiShares U.S. Oil & Gas Exploration & Production ETF
iShares · 46 holdings · $559M · as of 2026-03-31
Holdings snapshots are 61 days apart (FNDA: 2026-05-31, IEO: 2026-03-31). 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 FNDA and IEO?
Schwab Fundamental U.S. Small Company ETF (FNDA, by Schwab) holds 930 positions; iShares U.S. Oil & Gas Exploration & Production ETF (IEO, by iShares) holds 46. They have 15 holdings in common, and by portfolio weight the two funds are 2.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 15FNDA holds 930 · IEO holds 46
- Weight in Shared Holdings
- FNDA 2%·IEO 10%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
915 of 930 positions (97.4% of the fund) are not held by IEO. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDA | IEO |
|---|---|---|
| Energy | 5.8% | 99.9% |
| Industrials | 20.0% | 0.0% |
| Financials | 15.3% | 0.0% |
| Information Technology | 15.0% | 0.0% |
| Consumer Discretionary | 12.1% | 0.0% |
| Other Sectors | 30.8% | 0.0% |
| Unclassified | 0.8% | 0.0% |
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, 0% of IEO).
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% |
| IEO | +6.1% | +34.9% | +40.9% | +10.4% | +22.1% | +10.3% | 1.95% |
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 IEO →
Shared Holdings(15)
The top 10 shared positions account for 86% of the overlap, led by DK, PARR and CRGY.
 DKDelek US Holdings Inc. COM | 0.32% | 0.39% | 0.32% |
|---|---|---|---|
 PARRPar Pacific Holdings, Inc. COM NEW | 0.30% | 0.45% | 0.30% |
 CRGYCrescent Energy, Inc., Class A | 0.29% | 0.47% | 0.29% |
 KOSKosmos Energy Ltd COM | 0.21% | 0.23% | 0.21% |
 MGYMagnolia Oil & Gas Corporation CL A | 0.20% | 0.82% | 0.20% |
 GPREGreen Plains Inc. COM | 0.18% | 0.16% | 0.16% |
 PRPermian Resources Corporation Class A | 0.15% | 2.26% | 0.15% |
 TALOTalos Energy Inc COM | 0.15% | 0.28% | 0.15% |
 NOGNorthern Oil And Gas, Inc. COM | 0.13% | 0.44% | 0.13% |
 GPORGulfport Energy Operating Corp. COMMON SHARES | 0.13% | 0.47% | 0.13% |
 CVICVR Energy Inc. COM | 0.12% | 0.15% | 0.12% |
 TPLTexas Pacific Land Corporation COM | 0.11% | 3.72% | 0.11% |
 REXRex American Resources Corp COM | 0.06% | 0.19% | 0.06% |
 CRKComstock Resources, Inc. COM | 0.04% | 0.24% | 0.04% |
 EGYVaalco Energy Inc COM NEW | 0.01% | 0.09% | 0.01% |
Frequently Asked Questions
How much do FNDA and IEO overlap?
FNDA and IEO overlap by 2.4% of portfolio weight. They share 15 holdings (FNDA holds 930 positions and IEO holds 46), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDA and IEO?
The two portfolios are 2.4% 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 IEO?
The largest positions held by both funds are DK, PARR, CRGY, KOS and MGY. Together the top 10 shared positions account for 86% of the total overlap.
What does FNDA own that IEO doesn't?
915 positions (97.4% of FNDA) are unique to FNDA, led by LITE, VSAT and COHR. In the other direction, 31 positions (89.5% of IEO) are unique to IEO.