FNDE vs VXUS: Holdings Overlap
FNDESchwab Fundamental Emerging Markets Equity ETF
Schwab · 370 holdings · $9.9B · as of 2026-05-31
VXUSVanguard Total International Stock Index Fund
Vanguard · 8752 holdings · $161.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (FNDE: 2026-05-31, VXUS: 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 VXUS?
Schwab Fundamental Emerging Markets Equity ETF (FNDE, by Schwab) holds 370 positions; Vanguard Total International Stock Index Fund (VXUS, by Vanguard) holds 8752. They have 332 holdings in common, and by portfolio weight the two funds are 15.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 332FNDE holds 370 · VXUS holds 8752
- Weight in Shared Holdings
- FNDE 95%·VXUS 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
38 of 370 positions (5.0% of the fund) are not held by VXUS. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDE | VXUS |
|---|---|---|
| Information Technology | 20.6% | 14.7% |
| Financials | 18.1% | 18.3% |
| Energy | 10.8% | 4.1% |
| Industrials | 1.9% | 10.7% |
| Materials | 6.7% | 5.3% |
| Other Sectors | 14.4% | 22.1% |
| Unclassified | 27.1% | 23.6% |
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, 24% of VXUS).
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% |
| VXUS | +3.0% | +16.2% | +27.8% | +18.9% | +9.3% | +9.7% | 2.51% |
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 VXUS →
Shared Holdings(332)
The top 10 shared positions account for 46% of the overlap, led by TSMWF, 700 and 9988.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 6.48% | 3.93% | 3.93% |
|---|---|---|---|
 700Tencent Holdings Ltd. | 1.51% | 0.87% | 0.87% |
 9988Alibaba Group Holding Ltd | 2.72% | 0.69% | 0.69% |
 2308Delta Electronics Inc | 0.77% | 0.31% | 0.31% |
 2454MediaTek Inc | 1.80% | 0.28% | 0.28% |
 RELIANCEReliance Industries Ltd | 0.80% | 0.24% | 0.24% |
 C6TChina Construction Bank Corp | 2.38% | 0.23% | 0.23% |
 HDFCBHDFC Bank Ltd | 0.44% | 0.22% | 0.22% |
 HNHAFHon Hai Precision Industry Co Ltd | 3.31% | 0.20% | 0.20% |
 PDDPDD Holdings Inc. SPONSORED ADS | 0.40% | 0.18% | 0.18% |
 ICKIndustrial & Commercial Bank of China Ltd | 1.28% | 0.17% | 0.17% |
 ICICIBCICICI Bank Ltd | 0.42% | 0.17% | 0.17% |
 1810Xiaomi Corp | 0.30% | 0.15% | 0.15% |
 BHARTIBharti Airtel Ltd | 0.25% | 0.14% | 0.14% |
 VALE3Vale SA | 3.03% | 0.14% | 0.14% |
 3690Meituan, B Shares | 0.24% | 0.13% | 0.13% |
 RJHISARAl Rajhi Bank | 0.16% | 0.13% | 0.13% |
 2318RUBPing An Insurance Group Co of China Ltd | 1.11% | 0.12% | 0.12% |
 3711ASE Technology Holding Co Ltd | 1.20% | 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% | 0.10% | 0.10% |
 W8VBank of China Ltd | 1.19% | 0.10% | 0.10% |
 ARAMCSARSaudi Arabian Oil Co | 0.74% | 0.10% | 0.10% |
 INFOInfosys Ltd | 0.45% | 0.10% | 0.10% |
Showing the top 250 of 332 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDE and VXUS overlap?
FNDE and VXUS overlap by 15.6% of portfolio weight. They share 332 holdings (FNDE holds 370 positions and VXUS holds 8752), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDE and VXUS?
The two portfolios are 15.6% 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 VXUS?
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 VXUS doesn't?
38 positions (5.0% of FNDE) are unique to FNDE, led by JD, PTT-R and KBANK-R. In the other direction, 8420 positions (83.2% of VXUS) are unique to VXUS.