FNDA vs MDYV: Holdings Overlap
FNDASchwab Fundamental U.S. Small Company ETF
Schwab · 930 holdings · $9.4B · as of 2026-05-31
MDYVState Street® SPDR® S&P 400™ Mid Cap Value ETF
State Street (SPDR) · 297 holdings · $2.9B · as of 2026-08-06
Holdings snapshots are 67 days apart (FNDA: 2026-05-31, MDYV: 2026-08-06). 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 MDYV?
Schwab Fundamental U.S. Small Company ETF (FNDA, by Schwab) holds 930 positions; State Street® SPDR® S&P 400™ Mid Cap Value ETF (MDYV, by State Street (SPDR)) holds 297. They have 146 holdings in common, and by portfolio weight the two funds are 20.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 20.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 146FNDA holds 930 · MDYV holds 297
- Weight in Shared Holdings
- FNDA 22%·MDYV 38%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
784 of 930 positions (77.8% of the fund) are not held by MDYV. Showing the top 30 by weight.
Only in MDYV
151 of 297 positions (61.8% of the fund) are not held by FNDA. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDA | MDYV |
|---|---|---|
| Financials | 15.3% | 23.4% |
| Industrials | 20.0% | 18.7% |
| Information Technology | 15.0% | 8.3% |
| Consumer Discretionary | 12.1% | 12.5% |
| Real Estate | 8.5% | 8.2% |
| Other Sectors | 28.0% | 28.8% |
| 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 MDYV).
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% |
| MDYV | +3.1% | +15.2% | +23.9% | +12.9% | +9.2% | +10.6% | 1.64% |
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 MDYV →
Shared Holdings(146)
The top 10 shared positions account for 14% of the overlap, led by SAIA, LFUS and MKSI.
 SAIASaia Inc COM | 0.32% | 0.55% | 0.32% |
|---|---|---|---|
 LFUSLittelfuse Inc. COM | 0.32% | 0.38% | 0.32% |
 MKSIMKS Inc. COM | 0.52% | 0.32% | 0.32% |
 TEXTerex Corporation COM | 0.31% | 0.42% | 0.31% |
 ENTGEntegris Inc COM | 0.31% | 0.74% | 0.31% |
 AITApplied Industrial Technologies Inc. COM | 0.26% | 0.34% | 0.26% |
 HRHealthcare Realty Trust Incorporated Class A | 0.24% | 0.40% | 0.24% |
 BRXBrixmor Property Group Inc COM | 0.24% | 0.28% | 0.24% |
 CGNXCognex Corporation | 0.24% | 0.32% | 0.24% |
 RYNRayonier Inc COM | 0.23% | 0.34% | 0.23% |
 VLYValley National Bancorp. COM | 0.22% | 0.39% | 0.22% |
 BKHBlack Hills Corporation COM | 0.22% | 0.31% | 0.22% |
 KEXKirby Corporation | 0.23% | 0.22% | 0.22% |
 VMIValmont Industries, Inc. COM | 0.28% | 0.22% | 0.22% |
 CBTCabot Corporation COM | 0.22% | 0.26% | 0.22% |
 WFRDWeatherford International Plc COM USD0.001 | 0.28% | 0.21% | 0.21% |
 WALWestern Alliance Bancorporation | 0.21% | 0.47% | 0.21% |
 COLBColumbia Banking System Inc. COM | 0.21% | 0.51% | 0.21% |
 OHIOmega Healthcare Investors, Inc. COM | 0.20% | 0.38% | 0.20% |
 SFStifel Financial Corporation COM | 0.20% | 0.33% | 0.20% |
 THGThe Hanover Insurance Group, Inc. COM | 0.20% | 0.26% | 0.20% |
 CNMCore & Main, Inc., Class A | 0.20% | 0.27% | 0.20% |
 OZKBank OZK COM | 0.20% | 0.30% | 0.20% |
 WTFCWintrust Financial Corporation COM | 0.20% | 0.61% | 0.20% |
 AALAmerican Airlines Group Inc COM | 0.20% | 0.60% | 0.20% |
Frequently Asked Questions
How much do FNDA and MDYV overlap?
FNDA and MDYV overlap by 20.6% of portfolio weight. They share 146 holdings (FNDA holds 930 positions and MDYV holds 297), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDA and MDYV?
The two portfolios are 20.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of FNDA and MDYV?
The largest positions held by both funds are SAIA, LFUS, MKSI, TEX and ENTG. Together the top 10 shared positions account for 14% of the total overlap.
What does FNDA own that MDYV doesn't?
784 positions (77.8% of FNDA) are unique to FNDA, led by LITE, VSAT and COHR. In the other direction, 151 positions (61.8% of MDYV) are unique to MDYV.