FNDC vs IEUR: Holdings Overlap
FNDCSchwab Fundamental International Small Equity ETF
Schwab · 1580 holdings · $3.1B · as of 2026-05-31
IEURiShares Core MSCI Europe ETF
iShares · 1017 holdings · $9.1B · as of 2026-04-30
Holdings snapshots are 31 days apart (FNDC: 2026-05-31, IEUR: 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 FNDC and IEUR?
Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580 positions; iShares Core MSCI Europe ETF (IEUR, by iShares) holds 1017. They have 461 holdings in common, and by portfolio weight the two funds are 10.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 461FNDC holds 1580 · IEUR holds 1017
- Weight in Shared Holdings
- FNDC 31%·IEUR 12%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 FNDC
1119 of 1580 positions (67.9% of the fund) are not held by IEUR. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FNDC | +4.3% | +15.1% | +22.5% | +18.2% | +8.5% | +9.0% | 3.53% |
| IEUR | +3.7% | +12.6% | +22.8% | +17.6% | +9.3% | +10.1% | 3.05% |
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 FNDC vs IEUR →
Shared Holdings(461)
The top 10 shared positions account for 11% of the overlap, led by HLMA, HBAN and BESI.
 HLMAHalma PLC | 0.19% | 0.14% | 0.14% |
|---|---|---|---|
 HBANHelvetia Baloise Holding AG | 0.22% | 0.14% | 0.14% |
 BESIBE Semiconductor Industries NV | 0.16% | 0.14% | 0.14% |
 IHGInterContinental Hotels Group PLC | 0.14% | 0.13% | 0.13% |
 VACNVAT Group AG | 0.14% | 0.13% | 0.13% |
 FERFerrovial N.V. | 0.12% | 0.22% | 0.12% |
 ADYENAdyen NV | 0.11% | 0.18% | 0.11% |
 SAABBSaab AB | 0.10% | 0.12% | 0.10% |
 FBKFinecoBank Banca Fineco SpA | 0.12% | 0.10% | 0.10% |
 SPSNSwiss Prime Site AG | 0.11% | 0.09% | 0.09% |
 EQTEQT AB | 0.09% | 0.10% | 0.09% |
 ENXEuronext NV | 0.09% | 0.08% | 0.08% |
 BMPSBanca Monte dei Paschi di Siena SpA | 0.08% | 0.14% | 0.08% |
 DPLMDiploma PLC | 0.09% | 0.08% | 0.08% |
 STMNStraumann Holding AG | 0.10% | 0.08% | 0.08% |
 SGROSegro PLC | 0.11% | 0.08% | 0.08% |
 GALDGalderma Group AG | 0.07% | 0.25% | 0.07% |
 EDVEndeavour Mining PLC | 0.13% | 0.07% | 0.07% |
 BKTBankinter SA | 0.15% | 0.07% | 0.07% |
 KOGKongsberg Gruppen ASA | 0.07% | 0.10% | 0.07% |
 BEZBeazley PLC | 0.13% | 0.07% | 0.07% |
 EVOEvolution AB | 0.14% | 0.06% | 0.06% |
 WEIRWeir Group PLC/The | 0.12% | 0.06% | 0.06% |
 SOBISwedish Orphan Biovitrum AB | 0.10% | 0.06% | 0.06% |
 FRESFresnillo PLC | 0.09% | 0.06% | 0.06% |
Showing the top 250 of 461 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDC and IEUR overlap?
FNDC and IEUR overlap by 10.8% of portfolio weight. They share 461 holdings (FNDC holds 1580 positions and IEUR holds 1017), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDC and IEUR?
The two portfolios are 10.8% 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 FNDC and IEUR?
The largest positions held by both funds are HLMA, HBAN, BESI, IHG and VACN. Together the top 10 shared positions account for 11% of the total overlap.
What does FNDC own that IEUR doesn't?
1119 positions (67.9% of FNDC) are unique to FNDC, led by 4062, 047040 and TSEMIL-S. In the other direction, 556 positions (87.5% of IEUR) are unique to IEUR.