FNDC vs QQQ: Holdings Overlap
FNDCSchwab Fundamental International Small Equity ETF
Schwab · 1580 holdings · $3.1B · as of 2026-05-31
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
Holdings snapshots are 61 days apart (FNDC: 2026-05-31, QQQ: 2026-03-31). 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 QQQ?
Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 3 holdings in common, and by portfolio weight the two funds are 0.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3FNDC holds 1580 · QQQ holds 101
- Weight in Shared Holdings
- FNDC 0%·QQQ 0%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
1577 of 1580 positions (99.1% of the fund) are not held by QQQ. 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% |
| QQQ | +1.9% | +18.0% | +27.6% | +25.2% | +15.2% | +20.8% | 0.42% |
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 QQQ →
Shared Holdings(3)
The top 3 shared positions account for 100% of the overlap, led by FER, ARM and TEAM.
Frequently Asked Questions
How much do FNDC and QQQ overlap?
FNDC and QQQ overlap by 0.1% of portfolio weight. They share 3 holdings (FNDC holds 1580 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDC and QQQ?
The two portfolios are 0.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FNDC and QQQ?
The largest positions held by both funds are FER, ARM and TEAM. Together the top 3 shared positions account for 100% of the total overlap.
What does FNDC own that QQQ doesn't?
1577 positions (99.1% of FNDC) are unique to FNDC, led by 4062, 047040 and TSEMIL-S. In the other direction, 98 positions (99.4% of QQQ) are unique to QQQ.