FNDF vs DFAI: Holdings Overlap
FNDFSchwab Fundamental International Equity ETF
Schwab · 888 holdings · $25.2B · as of 2026-05-31
DFAIDimensional International Core Equity Market ETF
Dimensional · 3726 holdings · $17.5B · as of 2026-04-30
Holdings snapshots are 31 days apart (FNDF: 2026-05-31, DFAI: 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 FNDF and DFAI?
Schwab Fundamental International Equity ETF (FNDF, by Schwab) holds 888 positions; Dimensional International Core Equity Market ETF (DFAI, by Dimensional) holds 3726. They have 761 holdings in common, and by portfolio weight the two funds are 58.3% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 58.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 761FNDF holds 888 · DFAI holds 3726
- Weight in Shared Holdings
- FNDF 83%·DFAI 77%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 FNDF
127 of 888 positions (16.2% of the fund) are not held by DFAI. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDF | DFAI |
|---|---|---|
| Financials | 15.8% | 20.2% |
| Industrials | 11.4% | 13.8% |
| Information Technology | 12.3% | 6.9% |
| Energy | 10.0% | 5.6% |
| Materials | 9.5% | 7.1% |
| Other Sectors | 27.2% | 25.0% |
| Unclassified | 13.1% | 20.8% |
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 (13% of FNDF, 21% of DFAI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FNDF | +4.2% | +22.8% | +39.1% | +23.1% | +14.5% | +12.0% | 2.97% |
| DFAI | +4.2% | +15.2% | +26.8% | +19.3% | +10.7% | — | 2.24% |
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 FNDF vs DFAI →
Shared Holdings(761)
The top 10 shared positions account for 12% of the overlap, led by SHEL, HSBA and ROP.
 SHELShell PLC | 2.19% | 1.04% | 1.04% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 1.00% | 1.04% | 1.00% |
 ROPRoche Holding AG | 0.82% | 0.97% | 0.82% |
 NESNNestle SA (Registered) | 0.67% | 0.90% | 0.67% |
 TTETotalEnergies SE EUR2.5 | 1.69% | 0.65% | 0.65% |
 7203Toyota Motor Corp. NPV | 0.89% | 0.64% | 0.64% |
 BP-BP plc | 1.08% | 0.56% | 0.56% |
 BHPBHP Group Ltd. | 1.22% | 0.56% | 0.56% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.52% | 0.91% | 0.52% |
 TDThe Toronto-Dominion Bank COM NEW | 0.50% | 0.60% | 0.50% |
 DTEDeutsche Telekom AG (Registered) | 0.62% | 0.49% | 0.49% |
 SIESiemens AG (Registered) | 0.47% | 0.55% | 0.47% |
 ALVAllianz SE (Registered) | 0.43% | 0.43% | 0.43% |
 6501Hitachi Ltd. NPV | 0.40% | 0.43% | 0.40% |
 CNQCanadian Natural Resources Ltd. | 0.45% | 0.40% | 0.40% |
 SUSuncor Energy, Inc. | 0.51% | 0.39% | 0.39% |
 ASMLASML Holding NV | 0.40% | 0.39% | 0.39% |
 SANBanco Santander SA | 0.73% | 0.38% | 0.38% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.38% | 0.95% | 0.38% |
 GSKGSK plc | 0.36% | 0.39% | 0.36% |
 ENBEnbridge Inc. COM | 0.37% | 0.35% | 0.35% |
 ENELEnel S.p.A. EUR1 | 0.38% | 0.35% | 0.35% |
 BATSBritish American Tobacco PLC | 0.58% | 0.34% | 0.34% |
 RIORio Tinto PLC | 0.80% | 0.34% | 0.34% |
 BNSBank of Nova Scotia (The) | 0.35% | 0.34% | 0.34% |
Showing the top 250 of 761 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDF and DFAI overlap?
FNDF and DFAI overlap by 58.3% of portfolio weight. They share 761 holdings (FNDF holds 888 positions and DFAI holds 3726), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDF and DFAI?
The two portfolios are 58.3% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of FNDF and DFAI?
The largest positions held by both funds are SHEL, HSBA, ROP, NESN and TTE. Together the top 10 shared positions account for 12% of the total overlap.
What does FNDF own that DFAI doesn't?
127 positions (16.2% of FNDF) are unique to FNDF, led by 005930, 000660 and 005935. In the other direction, 2965 positions (21.9% of DFAI) are unique to DFAI.