FNDA vs XMHQ: Holdings Overlap
FNDASchwab Fundamental U.S. Small Company ETF
Schwab · 930 holdings · $9.4B · as of 2026-05-31
XMHQInvesco S&P MidCap Quality ETF
Invesco · 80 holdings · $5.5B · as of 2026-04-30
Holdings snapshots are 31 days apart (FNDA: 2026-05-31, XMHQ: 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 XMHQ?
Schwab Fundamental U.S. Small Company ETF (FNDA, by Schwab) holds 930 positions; Invesco S&P MidCap Quality ETF (XMHQ, by Invesco) holds 80. They have 48 holdings in common, and by portfolio weight the two funds are 6.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 48FNDA holds 930 · XMHQ holds 80
- Weight in Shared Holdings
- FNDA 7%·XMHQ 52%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
882 of 930 positions (93.1% of the fund) are not held by XMHQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDA | XMHQ |
|---|---|---|
| Industrials | 20.0% | 28.5% |
| Health Care | 7.0% | 19.7% |
| Financials | 15.3% | 15.1% |
| Information Technology | 15.0% | 8.4% |
| Consumer Discretionary | 12.1% | 9.5% |
| Other Sectors | 29.6% | 18.8% |
| 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 XMHQ).
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% |
| XMHQ | +4.3% | +16.0% | +18.7% | +14.6% | +10.6% | +13.0% | 0.55% |
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 XMHQ →
Shared Holdings(48)
The top 10 shared positions account for 34% of the overlap, led by WFRD, VMI and TWLO.
 WFRDWeatherford International PLC | 0.28% | 0.86% | 0.28% |
|---|---|---|---|
 VMIValmont Industries, Inc. | 0.28% | 1.27% | 0.28% |
 TWLOTwilio Inc., Class A | 0.27% | 3.00% | 0.27% |
 CRUSCirrus Logic, Inc. | 0.27% | 0.98% | 0.27% |
 CBTCabot Corp. | 0.22% | 0.47% | 0.22% |
 THGHanover Insurance Group, Inc. (The) | 0.20% | 0.87% | 0.20% |
 EXELExelixis, Inc. | 0.20% | 2.13% | 0.20% |
 NVSTEnvista Holdings Corp. | 0.20% | 0.54% | 0.20% |
 VVVValvoline Inc. | 0.20% | 0.61% | 0.20% |
 STRLSterling Infrastructure, Inc. | 0.19% | 2.61% | 0.19% |
 CHEChemed Corp. | 0.19% | 0.84% | 0.19% |
 BWXTBWX Technologies, Inc. | 0.18% | 2.35% | 0.18% |
 CRSCarpenter Technology Corp. | 0.18% | 2.72% | 0.18% |
 FCNFTI Consulting, Inc. | 0.18% | 0.68% | 0.18% |
 GMEGameStop Corp., Class A | 0.18% | 1.24% | 0.18% |
 FHIFederated Hermes, Inc., Class B | 0.17% | 0.70% | 0.17% |
 COLMColumbia Sportswear Co. | 0.17% | 0.22% | 0.17% |
 ANFAbercrombie & Fitch Co., Class A | 0.17% | 0.50% | 0.17% |
 TLNTalen Energy Corp. | 0.16% | 2.22% | 0.16% |
 VCVisteon Corp. | 0.16% | 0.39% | 0.16% |
 BYDBoyd Gaming Corp. | 0.15% | 1.13% | 0.15% |
 IPGPIPG Photonics Corp. | 0.15% | 0.41% | 0.15% |
 ESNTEssent Group Ltd. | 0.14% | 0.67% | 0.14% |
 LOPEGrand Canyon Education, Inc. | 0.14% | 0.89% | 0.14% |
 GEFGreif, Inc., Class A | 0.14% | 0.22% | 0.14% |
Frequently Asked Questions
How much do FNDA and XMHQ overlap?
FNDA and XMHQ overlap by 6.7% of portfolio weight. They share 48 holdings (FNDA holds 930 positions and XMHQ holds 80), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDA and XMHQ?
The two portfolios are 6.7% 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 XMHQ?
The largest positions held by both funds are WFRD, VMI, TWLO, CRUS and CBT. Together the top 10 shared positions account for 34% of the total overlap.
What does FNDA own that XMHQ doesn't?
882 positions (93.1% of FNDA) are unique to FNDA, led by LITE, VSAT and COHR. In the other direction, 32 positions (48.1% of XMHQ) are unique to XMHQ.