FNDA vs VTWO: Holdings Overlap
FNDASchwab Fundamental U.S. Small Company ETF
Schwab · 930 holdings · $9.4B · as of 2026-05-31
VTWOVanguard Russell 2000 Index Fund
Vanguard · 1952 holdings · $17.4B · as of 2026-05-31
How similar are FNDA and VTWO?
Schwab Fundamental U.S. Small Company ETF (FNDA, by Schwab) holds 930 positions; Vanguard Russell 2000 Index Fund (VTWO, by Vanguard) holds 1952. They have 647 holdings in common, and by portfolio weight the two funds are 38.3% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 38.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 647FNDA holds 930 · VTWO holds 1952
- Weight in Shared Holdings
- FNDA 61%·VTWO 51%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
283 of 930 positions (39.1% of the fund) are not held by VTWO. Showing the top 30 by weight.
Only in VTWO
1305 of 1952 positions (48.6% of the fund) are not held by FNDA. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDA | VTWO |
|---|---|---|
| Industrials | 20.0% | 19.4% |
| Information Technology | 15.0% | 17.8% |
| Health Care | 7.0% | 15.5% |
| Financials | 15.3% | 14.3% |
| Consumer Discretionary | 12.1% | 7.3% |
| Other Sectors | 29.6% | 20.8% |
| Unclassified | 0.8% | 4.8% |
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, 5% of VTWO).
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% |
| VTWO | +1.8% | +23.1% | +38.8% | +17.3% | +7.7% | +11.0% | 1.07% |
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 VTWO →
Shared Holdings(647)
The top 10 shared positions account for 8% of the overlap, led by TTMI, ECHO and VIAV.
 TTMITTM Technologies Inc COM | 0.43% | 0.52% | 0.43% |
|---|---|---|---|
 ECHOEchoStar Corp., Class A | 0.42% | 0.51% | 0.42% |
 VIAVViavi Solutions Inc COM | 0.31% | 0.33% | 0.31% |
 DYDycom Industries, Inc. COM | 0.31% | 0.44% | 0.31% |
 VSATViaSat, Inc. COM | 0.57% | 0.29% | 0.29% |
 MOG-AMoog, Inc., Class A | 0.25% | 0.30% | 0.25% |
 ENSEnerSys COM | 0.38% | 0.25% | 0.25% |
 MXLMaxlinear Inc COM | 0.28% | 0.22% | 0.22% |
 MYRGMYR Group, Inc. | 0.23% | 0.21% | 0.21% |
 PLXSPlexus Corp COM | 0.27% | 0.21% | 0.21% |
 SLABSilicon Laboratories, Inc. COM | 0.21% | 0.21% | 0.21% |
 VLYValley National Bancorp. COM | 0.22% | 0.20% | 0.20% |
 FCFSFirstcash Holdings Inc COM | 0.20% | 0.26% | 0.20% |
 STRLSterling Infrastructure Inc COM | 0.19% | 0.75% | 0.19% |
 MODModine Manufacturing Co. COM | 0.19% | 0.43% | 0.19% |
 TEXTerex Corporation COM | 0.31% | 0.19% | 0.19% |
 FORMFormfactor Inc COM | 0.19% | 0.28% | 0.19% |
 AEISAdvanced Energy Industries, Inc. COM | 0.18% | 0.33% | 0.18% |
 TXNMTXNM Energy Inc. COM | 0.18% | 0.17% | 0.17% |
 NENoble Corporation PLC ORD SHS A | 0.19% | 0.17% | 0.17% |
 MACThe Macerich Company COM | 0.17% | 0.18% | 0.17% |
 ACAArcosa Inc COM | 0.17% | 0.18% | 0.17% |
 ONBOld National Bancorp COM | 0.17% | 0.25% | 0.17% |
 GVAGranite Construction Inc COM | 0.16% | 0.18% | 0.16% |
 UBSIUnited Bankshares Inc COM | 0.16% | 0.18% | 0.16% |
Showing the top 250 of 647 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDA and VTWO overlap?
FNDA and VTWO overlap by 38.3% of portfolio weight. They share 647 holdings (FNDA holds 930 positions and VTWO holds 1952), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDA and VTWO?
The two portfolios are 38.3% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of FNDA and VTWO?
The largest positions held by both funds are TTMI, ECHO, VIAV, DY and VSAT. Together the top 10 shared positions account for 8% of the total overlap.
What does FNDA own that VTWO doesn't?
283 positions (39.1% of FNDA) are unique to FNDA, led by LITE, COHR and MKSI. In the other direction, 1305 positions (48.6% of VTWO) are unique to VTWO.