FNDA vs ITA: Holdings Overlap
FNDASchwab Fundamental U.S. Small Company ETF
Schwab · 930 holdings · $9.4B · as of 2026-05-31
ITAiShares U.S. Aerospace & Defense ETF
iShares · 44 holdings · $14.8B · as of 2026-03-31
Holdings snapshots are 61 days apart (FNDA: 2026-05-31, ITA: 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 ITA?
Schwab Fundamental U.S. Small Company ETF (FNDA, by Schwab) holds 930 positions; iShares U.S. Aerospace & Defense ETF (ITA, by iShares) holds 44. They have 21 holdings in common, and by portfolio weight the two funds are 2.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 21FNDA holds 930 · ITA holds 44
- Weight in Shared Holdings
- FNDA 3%·ITA 28%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
909 of 930 positions (97.0% of the fund) are not held by ITA. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDA | ITA |
|---|---|---|
| Industrials | 20.0% | 99.8% |
| Financials | 15.3% | 0.0% |
| Information Technology | 15.0% | 0.0% |
| Consumer Discretionary | 12.1% | 0.1% |
| Real Estate | 8.5% | 0.0% |
| Other Sectors | 28.0% | 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 ITA).
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% |
| ITA | +2.3% | +16.9% | +28.0% | +29.8% | +19.2% | +15.5% | 0.42% |
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 ITA →
Shared Holdings(21)
The top 10 shared positions account for 79% of the overlap, led by CW, ATI and WWD.
 CWCurtiss-Wright Corporation | 0.32% | 2.12% | 0.32% |
|---|---|---|---|
 ATIATI Inc COM | 0.29% | 1.67% | 0.29% |
 WWDWoodward Inc. COM | 0.27% | 1.80% | 0.27% |
 MOG-AMoog, Inc., Class A | 0.25% | 0.70% | 0.25% |
 HXLHexcel Corporation COM | 0.19% | 0.52% | 0.19% |
 BWXTBWX Technologies Inc. COM | 0.18% | 1.58% | 0.18% |
 CRSCarpenter Technology Corporation COM | 0.18% | 1.66% | 0.18% |
 HEIHeico Corp COM | 0.18% | 0.93% | 0.18% |
 FTAIFTAI Aviation Ltd COM USD0.01 | 0.15% | 2.12% | 0.15% |
 AIRAAR Corp. COM | 0.13% | 0.36% | 0.13% |
 MRCYMercury Systems Inc COM | 0.10% | 0.32% | 0.10% |
 VVXV2X Inc COM | 0.08% | 0.12% | 0.08% |
 DCODucommun Incorporated COM | 0.06% | 0.14% | 0.06% |
 RGRSturm Ruger & Co Inc. COM | 0.07% | 0.05% | 0.05% |
 SWBISmith & Wesson Brands Inc COM | 0.10% | 0.05% | 0.05% |
 KTOSKratos Defense & Security Solutions, Inc. COM NEW | 0.05% | 1.10% | 0.05% |
 VSECVSE Corp. COM | 0.04% | 0.45% | 0.04% |
 AXONAxon Enterprise Inc COM | 0.03% | 2.83% | 0.03% |
 AVAVAeroVironment, Inc. COM | 0.03% | 0.49% | 0.03% |
 BABoeing Co. (The) | 0.03% | 8.91% | 0.03% |
 SAROStandardAero Inc. COM | 0.03% | 0.41% | 0.03% |
Frequently Asked Questions
How much do FNDA and ITA overlap?
FNDA and ITA overlap by 2.7% of portfolio weight. They share 21 holdings (FNDA holds 930 positions and ITA holds 44), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDA and ITA?
The two portfolios are 2.7% 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 ITA?
The largest positions held by both funds are CW, ATI, WWD, MOG-A and HXL. Together the top 10 shared positions account for 79% of the total overlap.
What does FNDA own that ITA doesn't?
909 positions (97.0% of FNDA) are unique to FNDA, led by LITE, VSAT and COHR. In the other direction, 23 positions (71.6% of ITA) are unique to ITA.