FNDF vs IDEV: Holdings Overlap
FNDFSchwab Fundamental International Equity ETF
Schwab · 888 holdings · $25.2B · as of 2026-05-31
IDEViShares Core MSCI International Developed Markets ETF
iShares · 2268 holdings · $31.8B · as of 2026-04-30
Holdings snapshots are 31 days apart (FNDF: 2026-05-31, IDEV: 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 IDEV?
Schwab Fundamental International Equity ETF (FNDF, by Schwab) holds 888 positions; iShares Core MSCI International Developed Markets ETF (IDEV, by iShares) holds 2268. They have 783 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
- 783FNDF holds 888 · IDEV holds 2268
- Weight in Shared Holdings
- FNDF 85%·IDEV 81%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
105 of 888 positions (14.3% of the fund) are not held by IDEV. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDF | IDEV |
|---|---|---|
| Financials | 15.8% | 21.8% |
| Industrials | 11.4% | 14.7% |
| Information Technology | 12.3% | 7.8% |
| Energy | 10.0% | 5.0% |
| Materials | 9.5% | 6.8% |
| Other Sectors | 27.2% | 26.8% |
| Unclassified | 13.1% | 16.5% |
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, 17% of IDEV).
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% |
| IDEV | +4.4% | +14.8% | +25.5% | +18.6% | +9.7% | — | 3.08% |
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 IDEV →
Shared Holdings(783)
The top 10 shared positions account for 12% of the overlap, led by HSBA, SHEL and ROP.
 HSBAHSBC Holdings PLC | 1.00% | 1.09% | 1.00% |
|---|---|---|---|
 SHELShell PLC | 2.19% | 0.90% | 0.90% |
 ROPRoche Holding AG | 0.82% | 0.99% | 0.82% |
 BHPBHP Group Ltd. | 1.22% | 0.69% | 0.69% |
 NESNNestle SA (Registered) | 0.67% | 0.90% | 0.67% |
 TTETotalEnergies SE EUR2.5 | 1.69% | 0.64% | 0.64% |
 7203Toyota Motor Corp. NPV | 0.89% | 0.63% | 0.63% |
 SANBanco Santander SA | 0.73% | 0.62% | 0.62% |
 NOVNNovartis AG (Registered) | 0.59% | 0.97% | 0.59% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.52% | 0.87% | 0.52% |
 TDThe Toronto-Dominion Bank COM NEW | 0.50% | 0.63% | 0.50% |
 SIESiemens AG (Registered) | 0.47% | 0.78% | 0.47% |
 BATSBritish American Tobacco PLC | 0.58% | 0.44% | 0.44% |
 ALVAllianz SE (Registered) | 0.43% | 0.60% | 0.43% |
 BP-BP plc | 1.08% | 0.43% | 0.43% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 0.41% | 0.43% | 0.41% |
 DTEDeutsche Telekom AG (Registered) | 0.62% | 0.41% | 0.41% |
 9984SoftBank Group Corp. | 0.41% | 0.44% | 0.41% |
 6501Hitachi Ltd. NPV | 0.40% | 0.50% | 0.40% |
 ASMLASML Holding NV | 0.40% | 1.94% | 0.40% |
 RIORio Tinto PLC | 0.80% | 0.39% | 0.39% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.38% | 1.01% | 0.38% |
 ENBEnbridge Inc. COM | 0.37% | 0.41% | 0.37% |
 BNPBNP Paribas SA | 0.47% | 0.36% | 0.36% |
 8058Mitsubishi Corp. NPV | 0.62% | 0.36% | 0.36% |
Showing the top 250 of 783 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDF and IDEV overlap?
FNDF and IDEV overlap by 58.3% of portfolio weight. They share 783 holdings (FNDF holds 888 positions and IDEV holds 2268), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDF and IDEV?
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 IDEV?
The largest positions held by both funds are HSBA, SHEL, ROP, BHP and NESN. Together the top 10 shared positions account for 12% of the total overlap.
What does FNDF own that IDEV doesn't?
105 positions (14.3% of FNDF) are unique to FNDF, led by 005930, 000660 and 005935. In the other direction, 1485 positions (18.3% of IDEV) are unique to IDEV.