FNDA vs VO: Holdings Overlap
FNDASchwab Fundamental U.S. Small Company ETF
Schwab · 930 holdings · $9.4B · as of 2026-05-31
Vanguard · 289 holdings · $109.2B · as of 2026-03-31
Holdings snapshots are 61 days apart (FNDA: 2026-05-31, VO: 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 VO?
Schwab Fundamental U.S. Small Company ETF (FNDA, by Schwab) holds 930 positions; Vanguard Mid-cap Index Fund (VO, by Vanguard) holds 289. They have 37 holdings in common, and by portfolio weight the two funds are 4.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 37FNDA holds 930 · VO holds 289
- Weight in Shared Holdings
- FNDA 6%·VO 9%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
893 of 930 positions (94.1% of the fund) are not held by VO. Showing the top 30 by weight.
Only in VO
252 of 289 positions (90.3% of the fund) are not held by FNDA. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDA | VO |
|---|---|---|
| Industrials | 20.0% | 18.4% |
| Financials | 15.3% | 13.8% |
| Information Technology | 15.0% | 14.2% |
| Consumer Discretionary | 12.1% | 9.3% |
| Utilities | 2.7% | 8.8% |
| Other Sectors | 33.8% | 35.1% |
| 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 VO).
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% |
| VO | +2.6% | +14.8% | +18.0% | +15.7% | +8.0% | +11.6% | 1.29% |
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 VO →
Shared Holdings(37)
The top 10 shared positions account for 52% of the overlap, led by VRT, LITE and FIX.
 VRTVertiv Holdings Co., Class A | 0.27% | 1.03% | 0.27% |
|---|---|---|---|
 LITELumentum Holdings Inc. COM | 0.92% | 0.27% | 0.27% |
 FIXComfort Systems USA Inc. COM | 0.41% | 0.26% | 0.26% |
 COHRCoherent Corp COM | 0.54% | 0.24% | 0.24% |
 VRSNVerisign, Inc. COM | 0.22% | 0.22% | 0.22% |
 UALUnited Airlines Holdings Inc COM | 0.22% | 0.33% | 0.22% |
 MPWRMonolithic Power Systems Inc. COM | 0.22% | 0.55% | 0.22% |
 DXCMDexCom Inc COM | 0.20% | 0.26% | 0.20% |
 LUVSouthwest Airlines Co. COM | 0.18% | 0.20% | 0.18% |
 DASHDoorDash, Inc., Class A | 0.16% | 0.57% | 0.16% |
 FICOFair Isaac Corporation COM | 0.15% | 0.26% | 0.15% |
 RKTRocket Companies Inc COM CL A | 0.18% | 0.14% | 0.14% |
 VEEVVeeva Systems, Inc., Class A | 0.13% | 0.28% | 0.13% |
 ROLRollins Inc COM | 0.13% | 0.18% | 0.13% |
 IBKRInteractive Brokers Group, Inc., Class A | 0.13% | 0.15% | 0.13% |
 SMCISuper Micro Computer Inc. COM NEW | 0.16% | 0.13% | 0.13% |
 HEIHeico Corp COM | 0.18% | 0.12% | 0.12% |
 COINCoinbase Global, Inc., Class A | 0.11% | 0.37% | 0.11% |
 TPLTexas Pacific Land Corporation COM | 0.11% | 0.15% | 0.11% |
 ARESAres Management Corporation CL A COM STK | 0.10% | 0.25% | 0.10% |
 CSGPCostar Group Inc COM | 0.10% | 0.18% | 0.10% |
 TYLTyler Technologies Inc. COM | 0.09% | 0.08% | 0.08% |
 DDOGDatadog, Inc., Class A | 0.08% | 0.42% | 0.08% |
 SNOWSnowflake, Inc., Class A | 0.08% | 0.27% | 0.08% |
 TWTradeweb Markets, Inc., Class A | 0.08% | 0.15% | 0.08% |
Frequently Asked Questions
How much do FNDA and VO overlap?
FNDA and VO overlap by 4.4% of portfolio weight. They share 37 holdings (FNDA holds 930 positions and VO holds 289), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDA and VO?
The two portfolios are 4.4% 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 VO?
The largest positions held by both funds are VRT, LITE, FIX, COHR and VRSN. Together the top 10 shared positions account for 52% of the total overlap.
What does FNDA own that VO doesn't?
893 positions (94.1% of FNDA) are unique to FNDA, led by VSAT, MKSI and AMKR. In the other direction, 252 positions (90.3% of VO) are unique to VO.