FNDA vs PRF: Holdings Overlap
FNDASchwab Fundamental U.S. Small Company ETF
Schwab · 930 holdings · $9.4B · as of 2026-05-31
Invesco · 1003 holdings · $10.0B · as of 2026-04-30
Holdings snapshots are 31 days apart (FNDA: 2026-05-31, PRF: 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 PRF?
Schwab Fundamental U.S. Small Company ETF (FNDA, by Schwab) holds 930 positions; Invesco RAFI US 1000 ETF (PRF, by Invesco) holds 1003. They have 286 holdings in common, and by portfolio weight the two funds are 4.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 286FNDA holds 930 · PRF holds 1003
- Weight in Shared Holdings
- FNDA 49%·PRF 4%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
644 of 930 positions (50.4% of the fund) are not held by PRF. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDA | PRF |
|---|---|---|
| Information Technology | 15.0% | 20.1% |
| Industrials | 20.0% | 9.5% |
| Financials | 15.3% | 16.1% |
| Consumer Discretionary | 12.1% | 8.7% |
| Health Care | 7.0% | 11.7% |
| Other Sectors | 29.6% | 33.9% |
| 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 PRF).
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% |
| PRF | +2.9% | +20.0% | +33.4% | +20.5% | +13.5% | +13.8% | 1.33% |
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 PRF →
Shared Holdings(286)
The top 10 shared positions account for 11% of the overlap, led by LITE, ECHO and COHR.
 LITELumentum Holdings Inc. | 0.92% | 0.10% | 0.10% |
|---|---|---|---|
 ECHOEchoStar Corp., Class A | 0.42% | 0.06% | 0.06% |
 COHRCoherent Corp. | 0.54% | 0.05% | 0.05% |
 VSATViasat, Inc. | 0.57% | 0.05% | 0.05% |
 TWLOTwilio Inc., Class A | 0.27% | 0.04% | 0.04% |
 MKSIMKS Inc. | 0.52% | 0.04% | 0.04% |
 INCYIncyte Corp. | 0.18% | 0.04% | 0.04% |
 ABNBAirbnb, Inc., Class A | 0.09% | 0.03% | 0.03% |
 AMKRAmkor Technology, Inc. | 0.49% | 0.03% | 0.03% |
 VRTVertiv Holdings Co., Class A | 0.27% | 0.03% | 0.03% |
 LBRTLiberty Energy Inc., Class A | 0.32% | 0.03% | 0.03% |
 BABoeing Co. (The) | 0.03% | 0.07% | 0.03% |
 MPWRMonolithic Power Systems, Inc. | 0.22% | 0.03% | 0.03% |
 ENTGEntegris, Inc. | 0.31% | 0.03% | 0.03% |
 PNFPPinnacle Financial Partners, Inc. | 0.14% | 0.03% | 0.03% |
 FIXComfort Systems USA, Inc. | 0.41% | 0.03% | 0.03% |
 RIVNRivian Automotive, Inc., Class A | 0.05% | 0.03% | 0.03% |
 PRPermian Resources Corp., Class A | 0.15% | 0.03% | 0.03% |
 FLGFlagstar Bank, N.A | 0.06% | 0.02% | 0.02% |
 CRUSCirrus Logic, Inc. | 0.27% | 0.02% | 0.02% |
 WDAYWorkday, Inc., Class A | 0.08% | 0.02% | 0.02% |
 HRHealthcare Realty Trust Inc. | 0.24% | 0.02% | 0.02% |
 CWCurtiss-Wright Corp. | 0.32% | 0.02% | 0.02% |
 EXELExelixis, Inc. | 0.20% | 0.02% | 0.02% |
 DIODDiodes Inc. | 0.28% | 0.02% | 0.02% |
Showing the top 250 of 286 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDA and PRF overlap?
FNDA and PRF overlap by 4.3% of portfolio weight. They share 286 holdings (FNDA holds 930 positions and PRF holds 1003), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDA and PRF?
The two portfolios are 4.3% 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 PRF?
The largest positions held by both funds are LITE, ECHO, COHR, VSAT and TWLO. Together the top 10 shared positions account for 11% of the total overlap.
What does FNDA own that PRF doesn't?
644 positions (50.4% of FNDA) are unique to FNDA, led by TTMI, COMP and VIAV. In the other direction, 717 positions (95.7% of PRF) are unique to PRF.