FNDC vs VAW: Holdings Overlap
FNDCSchwab Fundamental International Small Equity ETF
Schwab · 1580 holdings · $3.1B · as of 2026-05-31
VAWVanguard Materials Index Fund
Vanguard · 110 holdings · $3.0B · as of 2026-05-31
How similar are FNDC and VAW?
Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580 positions; Vanguard Materials Index Fund (VAW, by Vanguard) holds 110. They have 1 holdings in common, and by portfolio weight the two funds are 0.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1FNDC holds 1580 · VAW holds 110
- Weight in Shared Holdings
- FNDC 0%·VAW 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 (99.0% of the fund) are not held by VAW. 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% |
| VAW | +3.2% | +14.7% | +20.8% | +10.3% | +7.0% | +10.1% | 1.34% |
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 VAW →
Shared Holdings(1)
 CSTMConstellium SE, Class A | 0.29% | 0.27% | 0.27% |
|---|
Frequently Asked Questions
How much do FNDC and VAW overlap?
FNDC and VAW overlap by 0.3% of portfolio weight. They share 1 holdings (FNDC holds 1580 positions and VAW holds 110), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDC and VAW?
The two portfolios are 0.3% 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 VAW?
The largest positions held by both funds are CSTM. Together the top 1 shared positions account for 100% of the total overlap.
What does FNDC own that VAW doesn't?
1579 positions (99.0% of FNDC) are unique to FNDC, led by 4062, 047040 and TSEMIL-S. In the other direction, 109 positions (99.5% of VAW) are unique to VAW.