FNDF vs IVV: Holdings Overlap
FNDFSchwab Fundamental International Equity ETF
Schwab · 888 holdings · $25.2B · as of 2026-05-31
iShares · 503 holdings · $901.0B · as of 2026-03-31
Holdings snapshots are 61 days apart (FNDF: 2026-05-31, IVV: 2026-03-31). 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 IVV?
Schwab Fundamental International Equity ETF (FNDF, by Schwab) holds 888 positions; iShares Core S&P 500 ETF (IVV, by iShares) holds 503. They have 8 holdings in common, and by portfolio weight the two funds are 0.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8FNDF holds 888 · IVV holds 503
- Weight in Shared Holdings
- FNDF 1%·IVV 1%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
880 of 888 positions (98.6% of the fund) are not held by IVV. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDF | IVV |
|---|---|---|
| Information Technology | 12.3% | 32.6% |
| Financials | 15.8% | 12.6% |
| Industrials | 11.4% | 9.0% |
| Communication Services | 4.3% | 10.5% |
| Energy | 10.0% | 4.0% |
| Other Sectors | 32.4% | 31.1% |
| Unclassified | 13.1% | 0.0% |
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, 0% of IVV).
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% |
| IVV | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.05% |
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 IVV →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by MDT, NXPI and TT.
 MDTMedtronic PLC | 0.20% | 0.20% | 0.20% |
|---|---|---|---|
 NXPINXP Semiconductors NV | 0.15% | 0.09% | 0.09% |
 TTTrane Technologies PLC | 0.06% | 0.16% | 0.06% |
 GRMNGarmin Ltd. | 0.05% | 0.07% | 0.05% |
 SWSmurfit Westrock PLC | 0.06% | 0.04% | 0.04% |
 LULULululemon Athletica, Inc. | 0.04% | 0.03% | 0.03% |
 APTVAptiv PLC | 0.08% | 0.03% | 0.03% |
 ALLEAllegion plc | 0.01% | 0.02% | 0.01% |
Frequently Asked Questions
How much do FNDF and IVV overlap?
FNDF and IVV overlap by 0.5% of portfolio weight. They share 8 holdings (FNDF holds 888 positions and IVV holds 503), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDF and IVV?
The two portfolios are 0.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FNDF and IVV?
The largest positions held by both funds are MDT, NXPI, TT, GRMN and SW. Together the top 8 shared positions account for 100% of the total overlap.
What does FNDF own that IVV doesn't?
880 positions (98.6% of FNDF) are unique to FNDF, led by 005930, SHEL and TTE. In the other direction, 495 positions (99.1% of IVV) are unique to IVV.