FNDC vs SPY: Holdings Overlap
FNDCSchwab Fundamental International Small Equity ETF
Schwab · 1580 holdings · $3.1B · as of 2026-05-31
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 67 days apart (FNDC: 2026-05-31, SPY: 2026-08-06). 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 SPY?
Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 1 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
- 1FNDC holds 1580 · SPY holds 504
- Weight in Shared Holdings
- FNDC 0%·SPY 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
1579 of 1580 positions (99.2% of the fund) are not held by SPY. 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% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 SPY →
Shared Holdings(1)
 CCLCarnival Corp Ltd | 0.06% | 0.06% | 0.06% |
|---|
Frequently Asked Questions
How much do FNDC and SPY overlap?
FNDC and SPY overlap by 0.1% of portfolio weight. They share 1 holdings (FNDC holds 1580 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDC and SPY?
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 SPY?
The largest positions held by both funds are CCL. Together the top 1 shared positions account for 92% of the total overlap.
What does FNDC own that SPY doesn't?
1579 positions (99.2% of FNDC) are unique to FNDC, led by 4062, 047040 and TSEMIL-S. In the other direction, 503 positions (99.9% of SPY) are unique to SPY.