FNDE vs ONEQ: Holdings Overlap
FNDESchwab Fundamental Emerging Markets Equity ETF
Schwab · 370 holdings · $9.9B · as of 2026-05-31
ONEQFidelity Nasdaq Composite Index ETF
Fidelity · 1022 holdings · $10.8B · as of 2026-05-31
How similar are FNDE and ONEQ?
Schwab Fundamental Emerging Markets Equity ETF (FNDE, by Schwab) holds 370 positions; Fidelity Nasdaq Composite Index ETF (ONEQ, by Fidelity) holds 1022. They have 2 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
- 2FNDE holds 370 · ONEQ holds 1022
- Weight in Shared Holdings
- FNDE 2%·ONEQ 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 FNDE
368 of 370 positions (97.8% of the fund) are not held by ONEQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDE | ONEQ |
|---|---|---|
| Information Technology | 20.6% | 53.0% |
| Financials | 18.1% | 2.8% |
| Communication Services | 5.3% | 15.2% |
| Consumer Discretionary | 5.3% | 12.5% |
| Energy | 10.8% | 0.5% |
| Other Sectors | 12.5% | 13.9% |
| Unclassified | 27.1% | 1.6% |
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, 2% of ONEQ).
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% |
| ONEQ | +3.3% | +15.4% | +26.6% | +25.1% | +13.6% | +18.8% | 0.51% |
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 ONEQ →
Shared Holdings(2)
Frequently Asked Questions
How much do FNDE and ONEQ overlap?
FNDE and ONEQ overlap by 0.1% of portfolio weight. They share 2 holdings (FNDE holds 370 positions and ONEQ holds 1022), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDE and ONEQ?
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 FNDE and ONEQ?
The largest positions held by both funds are PDD and JD. Together the top 2 shared positions account for 100% of the total overlap.
What does FNDE own that ONEQ doesn't?
368 positions (97.8% of FNDE) are unique to FNDE, led by TSMWF, HNHAF and VALE3. In the other direction, 1020 positions (99.3% of ONEQ) are unique to ONEQ.