FNDE vs VSS: Holdings Overlap
FNDESchwab Fundamental Emerging Markets Equity ETF
Schwab · 370 holdings · $9.9B · as of 2026-05-31
VSSVanguard FTSE All-world Ex-us Small-cap Index Fund
Vanguard · 4810 holdings · $11.7B · as of 2026-04-30
Holdings snapshots are 31 days apart (FNDE: 2026-05-31, VSS: 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 VSS?
Schwab Fundamental Emerging Markets Equity ETF (FNDE, by Schwab) holds 370 positions; Vanguard FTSE All-world Ex-us Small-cap Index Fund (VSS, by Vanguard) holds 4810. They have 8 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
- 8FNDE holds 370 · VSS holds 4810
- Weight in Shared Holdings
- FNDE 1%·VSS 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
362 of 370 positions (98.8% of the fund) are not held by VSS. Showing the top 30 by weight.
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% |
| VSS | +3.4% | +11.3% | +19.8% | +15.6% | +6.0% | +8.0% | 3.14% |
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 VSS →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by 1918, Grupo Televisa SAB and JKS.
 1918Sunac China Holdings Ltd | 0.04% | 0.05% | 0.04% |
|---|---|---|---|
| Grupo Televisa SAB | 0.14% | 0.04% | 0.04% |
 JKSJinkoSolar Holding Co., Ltd., ADR | 0.10% | 0.02% | 0.02% |
 MOMOHello Group Inc | 0.06% | 0.02% | 0.02% |
 SAPSappi Ltd | 0.04% | 0.02% | 0.02% |
 3669China Yongda Automobiles Services Holdings Ltd | 0.03% | 0.01% | 0.01% |
 RJEXRajesh Exports Ltd | 0.09% | 0.00% | 0.00% |
 TUPRSTurkiye Petrol Rafinerileri AS | 0.28% | 0.00% | 0.00% |
Frequently Asked Questions
How much do FNDE and VSS overlap?
FNDE and VSS overlap by 0.1% of portfolio weight. They share 8 holdings (FNDE holds 370 positions and VSS holds 4810), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDE and VSS?
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 VSS?
The largest positions held by both funds are 1918, Grupo Televisa SAB, JKS, MOMO and SAP. Together the top 8 shared positions account for 100% of the total overlap.
What does FNDE own that VSS doesn't?
362 positions (98.8% of FNDE) are unique to FNDE, led by TSMWF, HNHAF and VALE3. In the other direction, 4802 positions (98.9% of VSS) are unique to VSS.