FNDB vs RSP: Holdings Overlap
FNDBSchwab Fundamental U.S. Broad Market ETF
Schwab · 1639 holdings · $1.5B · as of 2026-05-31
RSPInvesco S&P 500 Equal Weight ETF
Invesco · 504 holdings · $97.5B · as of 2026-04-30
Holdings snapshots are 31 days apart (FNDB: 2026-05-31, RSP: 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 FNDB and RSP?
Schwab Fundamental U.S. Broad Market ETF (FNDB, by Schwab) holds 1639 positions; Invesco S&P 500 Equal Weight ETF (RSP, by Invesco) holds 504. They have 494 holdings in common, and by portfolio weight the two funds are 45.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 45.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 494FNDB holds 1639 · RSP holds 504
- Weight in Shared Holdings
- FNDB 85%·RSP 98%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 FNDB
1145 of 1639 positions (15.2% of the fund) are not held by RSP. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDB | RSP |
|---|---|---|
| Information Technology | 21.0% | 15.9% |
| Industrials | 10.1% | 15.5% |
| Financials | 13.9% | 15.5% |
| Health Care | 11.4% | 10.9% |
| Communication Services | 9.5% | 4.0% |
| Other Sectors | 33.8% | 37.8% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FNDB | +3.0% | +19.8% | +33.0% | +19.6% | +13.6% | +14.1% | 1.41% |
| RSP | +2.5% | +15.8% | +22.4% | +14.8% | +9.2% | +12.0% | 1.46% |
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 FNDB vs RSP →
Shared Holdings(494)
The top 10 shared positions account for 6% of the overlap, led by INTC, AMD and CNC.
 INTCIntel Corp. | 2.38% | 0.38% | 0.38% |
|---|---|---|---|
 AMDAdvanced Micro Devices, Inc. | 0.36% | 0.33% | 0.33% |
 CNCCentene Corp. | 0.39% | 0.29% | 0.29% |
 TXNTexas Instruments Inc. | 0.40% | 0.27% | 0.27% |
 HUMHumana Inc. | 0.29% | 0.27% | 0.27% |
 STXSeagate Technology Holdings PLC | 0.26% | 0.34% | 0.26% |
 HPEHewlett Packard Enterprise Co. | 0.27% | 0.26% | 0.26% |
 QCOMQUALCOMM Inc. | 0.49% | 0.26% | 0.26% |
 NUENucor Corp. | 0.36% | 0.25% | 0.25% |
 ELVElevance Health, Inc. | 0.46% | 0.25% | 0.25% |
 UNHUnitedHealth Group Inc. | 1.27% | 0.25% | 0.25% |
 CATCaterpillar Inc. | 0.56% | 0.24% | 0.24% |
 AMZNAmazon.com, Inc. | 1.72% | 0.24% | 0.24% |
 WDCWestern Digital Corp. | 0.24% | 0.31% | 0.24% |
 MUMicron Technology, Inc. | 1.48% | 0.24% | 0.24% |
 AVGOBroadcom Inc. | 0.60% | 0.23% | 0.23% |
 MSMorgan Stanley | 0.41% | 0.23% | 0.23% |
 SLBSLB Ltd. | 0.23% | 0.23% | 0.23% |
 LRCXLam Research Corp. | 0.38% | 0.23% | 0.23% |
 DOWDow Inc. | 0.28% | 0.23% | 0.23% |
 CCitigroup Inc. | 0.79% | 0.23% | 0.23% |
 CSCOCisco Systems, Inc. | 0.84% | 0.22% | 0.22% |
 ADIAnalog Devices, Inc. | 0.22% | 0.24% | 0.22% |
 DVNDevon Energy Corp. | 0.24% | 0.22% | 0.22% |
 CSXCSX Corp. | 0.22% | 0.22% | 0.22% |
Showing the top 250 of 494 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDB and RSP overlap?
FNDB and RSP overlap by 45.5% of portfolio weight. They share 494 holdings (FNDB holds 1639 positions and RSP holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDB and RSP?
The two portfolios are 45.5% 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 FNDB and RSP?
The largest positions held by both funds are INTC, AMD, CNC, TXN and HUM. Together the top 10 shared positions account for 6% of the total overlap.
What does FNDB own that RSP doesn't?
1145 positions (15.2% of FNDB) are unique to FNDB, led by LUMN, FLEX and DINO. In the other direction, 10 positions (1.6% of RSP) are unique to RSP.