FNDE vs IXUS: Holdings Overlap
FNDESchwab Fundamental Emerging Markets Equity ETF
Schwab · 370 holdings · $9.9B · as of 2026-05-31
IXUSiShares Core MSCI Total International Stock ETF
iShares · 4190 holdings · $59.9B · as of 2026-04-30
Holdings snapshots are 31 days apart (FNDE: 2026-05-31, IXUS: 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 FNDE and IXUS?
Schwab Fundamental Emerging Markets Equity ETF (FNDE, by Schwab) holds 370 positions; iShares Core MSCI Total International Stock ETF (IXUS, by iShares) holds 4190. They have 338 holdings in common, and by portfolio weight the two funds are 15.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 338FNDE holds 370 · IXUS holds 4190
- Weight in Shared Holdings
- FNDE 97%·IXUS 16%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 FNDE
32 of 370 positions (2.9% of the fund) are not held by IXUS. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDE | IXUS |
|---|---|---|
| Information Technology | 20.6% | 15.2% |
| Financials | 18.1% | 18.7% |
| Industrials | 1.9% | 10.9% |
| Energy | 10.8% | 4.2% |
| Materials | 6.7% | 5.6% |
| Other Sectors | 14.4% | 23.1% |
| Unclassified | 27.1% | 21.9% |
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. “Unclassified” is weight we could not classify (27% of FNDE, 22% of IXUS).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FNDE | +5.7% | +16.1% | +27.2% | +20.3% | +10.8% | +10.0% | 3.57% |
| IXUS | +3.0% | +16.5% | +27.9% | +19.1% | +9.2% | +9.7% | 2.88% |
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 FNDE vs IXUS →
Shared Holdings(338)
The top 10 shared positions account for 46% of the overlap, led by TSMWF, 700 and 9988.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 6.48% | 4.02% | 4.02% |
|---|---|---|---|
 700Tencent Holdings Ltd. | 1.51% | 0.91% | 0.91% |
 9988Alibaba Group Holding Ltd | 2.72% | 0.67% | 0.67% |
 2308Delta Electronics Inc | 0.77% | 0.32% | 0.32% |
 2454MediaTek Inc | 1.80% | 0.30% | 0.30% |
 C6TChina Construction Bank Corp | 2.38% | 0.25% | 0.25% |
 HDFCBHDFC Bank Ltd | 0.44% | 0.22% | 0.22% |
 RELIANCEReliance Industries Ltd | 0.80% | 0.22% | 0.22% |
 HNHAFHon Hai Precision Industry Co Ltd | 3.31% | 0.21% | 0.21% |
 ICICIBCICICI Bank Ltd | 0.42% | 0.17% | 0.17% |
 PDDPDD Holdings Inc. SPONSORED ADS | 0.40% | 0.17% | 0.17% |
 1810Xiaomi Corp | 0.30% | 0.15% | 0.15% |
 VALE3Vale SA | 3.03% | 0.14% | 0.14% |
 ICKIndustrial & Commercial Bank of China Ltd | 1.28% | 0.13% | 0.13% |
 RJHISARAl Rajhi Bank | 0.16% | 0.13% | 0.13% |
 2318RUBPing An Insurance Group Co of China Ltd | 1.11% | 0.13% | 0.13% |
 3690Meituan, B Shares | 0.24% | 0.13% | 0.13% |
 3711ASE Technology Holding Co Ltd | 1.20% | 0.12% | 0.12% |
 BHARTIBharti Airtel Ltd | 0.25% | 0.12% | 0.12% |
 1211RUBBYD Co Ltd | 0.22% | 0.11% | 0.11% |
 ITUB4Itau Unibanco Holding SA | 0.68% | 0.11% | 0.11% |
 PETR4Petroleo Brasileiro SA - Petrobras | 2.48% | 0.11% | 0.11% |
 W8VBank of China Ltd | 1.19% | 0.10% | 0.10% |
 ARAMCSARSaudi Arabian Oil Co | 0.74% | 0.10% | 0.10% |
 PETR3Petroleo Brasileiro SA - Petrobras | 2.34% | 0.10% | 0.10% |
Showing the top 250 of 338 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDE and IXUS overlap?
FNDE and IXUS overlap by 15.8% of portfolio weight. They share 338 holdings (FNDE holds 370 positions and IXUS holds 4190), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDE and IXUS?
The two portfolios are 15.8% 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 FNDE and IXUS?
The largest positions held by both funds are TSMWF, 700, 9988, 2308 and 2454. Together the top 10 shared positions account for 46% of the total overlap.
What does FNDE own that IXUS doesn't?
32 positions (2.9% of FNDE) are unique to FNDE, led by JD, EC and JBS NV. In the other direction, 3852 positions (83.8% of IXUS) are unique to IXUS.