FNDA vs IYT: Holdings Overlap
FNDASchwab Fundamental U.S. Small Company ETF
Schwab · 930 holdings · $9.4B · as of 2026-05-31
IYTiShares U.S. Transportation ETF
iShares · 44 holdings · $2.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (FNDA: 2026-05-31, IYT: 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 IYT?
Schwab Fundamental U.S. Small Company ETF (FNDA, by Schwab) holds 930 positions; iShares U.S. Transportation ETF (IYT, by iShares) holds 44. They have 18 holdings in common, and by portfolio weight the two funds are 3.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 18FNDA holds 930 · IYT holds 44
- Weight in Shared Holdings
- FNDA 3%·IYT 17%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
912 of 930 positions (96.7% of the fund) are not held by IYT. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDA | IYT |
|---|---|---|
| Industrials | 20.0% | 99.9% |
| Financials | 15.3% | 0.0% |
| Information Technology | 15.0% | 0.0% |
| Consumer Discretionary | 12.1% | 0.0% |
| Real Estate | 8.5% | 0.0% |
| Other Sectors | 28.0% | 0.0% |
| Unclassified | 0.8% | 0.1% |
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 (1% of FNDA, 0% of IYT).
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% |
| IYT | +0.1% | +17.7% | +28.2% | +11.7% | +8.0% | +10.7% | 0.90% |
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 IYT →
Shared Holdings(18)
The top 10 shared positions account for 78% of the overlap, led by ARCB, SAIA and XPO.
 ARCBArcbest Corporation COM | 0.32% | 0.41% | 0.32% |
|---|---|---|---|
 SAIASaia Inc COM | 0.32% | 1.71% | 0.32% |
 XPOXPO Inc COM | 0.30% | 3.69% | 0.30% |
 WERNWerner Enterprises Inc. COM | 0.29% | 0.32% | 0.29% |
 KEXKirby Corporation | 0.23% | 1.17% | 0.23% |
 RXORXO Inc. COMMON STOCK | 0.22% | 0.47% | 0.22% |
 UALUnited Airlines Holdings Inc COM | 0.22% | 4.14% | 0.22% |
 AALAmerican Airlines Group Inc COM | 0.20% | 1.11% | 0.20% |
 LUVSouthwest Airlines Co. COM | 0.18% | 2.67% | 0.18% |
 ALGTAllegiant Travel Company COM | 0.14% | 0.15% | 0.14% |
 SNDRSchneider National, Inc., Class B | 0.13% | 0.22% | 0.13% |
 JBLUJetBlue Airways Corporation COM | 0.13% | 0.20% | 0.13% |
 SKYWSkywest Inc COM | 0.12% | 0.47% | 0.12% |
 MRTNMarten Transport Ltd. COM | 0.09% | 0.12% | 0.09% |
 GNKGenco Shipping & Trading Ltd. COM USD0.01 | 0.07% | 0.13% | 0.07% |
 HTLDHeartland Express Inc. COM | 0.06% | 0.09% | 0.06% |
 CVLGCovenant Logistics Group, Inc., Class A | 0.05% | 0.07% | 0.05% |
 FWRDForward Air Corp. COM | 0.02% | 0.07% | 0.02% |
Frequently Asked Questions
How much do FNDA and IYT overlap?
FNDA and IYT overlap by 3.1% of portfolio weight. They share 18 holdings (FNDA holds 930 positions and IYT holds 44), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDA and IYT?
The two portfolios are 3.1% 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 IYT?
The largest positions held by both funds are ARCB, SAIA, XPO, WERN and KEX. Together the top 10 shared positions account for 78% of the total overlap.
What does FNDA own that IYT doesn't?
912 positions (96.7% of FNDA) are unique to FNDA, led by LITE, VSAT and COHR. In the other direction, 26 positions (82.8% of IYT) are unique to IYT.