FNDB vs VIS: Holdings Overlap
FNDBSchwab Fundamental U.S. Broad Market ETF
Schwab · 1639 holdings · $1.5B · as of 2026-05-31
VISVanguard Industrials Index Fund
Vanguard · 381 holdings · $8.5B · as of 2026-05-31
How similar are FNDB and VIS?
Schwab Fundamental U.S. Broad Market ETF (FNDB, by Schwab) holds 1639 positions; Vanguard Industrials Index Fund (VIS, by Vanguard) holds 381. They have 296 holdings in common, and by portfolio weight the two funds are 10.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 296FNDB holds 1639 · VIS holds 381
- Weight in Shared Holdings
- FNDB 10%·VIS 95%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
1343 of 1639 positions (89.7% of the fund) are not held by VIS. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDB | VIS |
|---|---|---|
| Industrials | 10.1% | 99.3% |
| Information Technology | 21.0% | 0.3% |
| Financials | 13.9% | 0.0% |
| Health Care | 11.4% | 0.0% |
| Communication Services | 9.5% | 0.0% |
| Other Sectors | 33.8% | 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.
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% |
| VIS | +1.5% | +20.1% | +25.2% | +20.8% | +14.0% | +14.1% | 0.87% |
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 VIS →
Shared Holdings(296)
The top 10 shared positions account for 32% of the overlap, led by CAT, FDX and RTX.
 CATCaterpillar Inc COM | 0.56% | 5.81% | 0.56% |
|---|---|---|---|
 FDXFedEx Corporation COM | 0.40% | 1.30% | 0.40% |
 RTXRTX Corp. COM | 0.34% | 3.41% | 0.34% |
 UPSUnited Parcel Service, Inc., Class B | 0.33% | 1.12% | 0.33% |
 LMTLockheed Martin Corporation COM | 0.32% | 1.57% | 0.32% |
 UNPUnion Pacific Corporation COM | 0.32% | 1.89% | 0.32% |
 HONHoneywell International Inc. COM | 0.26% | 2.14% | 0.26% |
 DEDeere & Company COM | 0.26% | 1.97% | 0.26% |
 CSXCSX Corporation COM | 0.22% | 1.19% | 0.22% |
 GDGeneral Dynamics Corporation COM | 0.17% | 1.13% | 0.17% |
 MMM3M Company COM | 0.17% | 1.15% | 0.17% |
 NOCNorthrop Grumman Corporation COM | 0.16% | 1.08% | 0.16% |
 CMICummins Inc. COM | 0.16% | 1.26% | 0.16% |
 NSCNorfolk Southern Corporation COM | 0.15% | 0.97% | 0.15% |
 GEGeneral Electric Co. | 0.15% | 4.84% | 0.15% |
 LHXL3 Harris Technologies Inc COM | 0.14% | 0.84% | 0.14% |
 ETNEaton Corporation PLC COM USD0.01 | 0.14% | 2.21% | 0.14% |
 PCARPaccar Inc COM | 0.14% | 0.82% | 0.14% |
 EMREmerson Electric Co. COM | 0.13% | 1.15% | 0.13% |
 JCIJohnson Controls International PLC COM USD1.00 | 0.12% | 1.16% | 0.12% |
 URIUnited Rentals, Inc. COM | 0.11% | 0.90% | 0.11% |
 WMWaste Management, Inc. COM | 0.11% | 1.21% | 0.11% |
 ITWIllinois Tool Works Inc. COM | 0.10% | 0.97% | 0.10% |
 ADPAutomatic Data Processing, Inc. COM | 0.09% | 1.27% | 0.09% |
 FERGFerguson Enterprises Inc COMMON STOCK NEW | 0.09% | 0.63% | 0.09% |
Showing the top 250 of 296 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDB and VIS overlap?
FNDB and VIS overlap by 10.0% of portfolio weight. They share 296 holdings (FNDB holds 1639 positions and VIS holds 381), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDB and VIS?
The two portfolios are 10.0% 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 FNDB and VIS?
The largest positions held by both funds are CAT, FDX, RTX, UPS and LMT. Together the top 10 shared positions account for 32% of the total overlap.
What does FNDB own that VIS doesn't?
1343 positions (89.7% of FNDB) are unique to FNDB, led by AAPL, INTC and GOOGL. In the other direction, 85 positions (4.9% of VIS) are unique to VIS.