FNDF vs IXC: Holdings Overlap
FNDFSchwab Fundamental International Equity ETF
Schwab · 888 holdings · $25.2B · as of 2026-05-31
iShares · 60 holdings · $2.8B · as of 2026-03-31
Holdings snapshots are 61 days apart (FNDF: 2026-05-31, IXC: 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 IXC?
Schwab Fundamental International Equity ETF (FNDF, by Schwab) holds 888 positions; iShares Global Energy ETF (IXC, by iShares) holds 60. They have 24 holdings in common, and by portfolio weight the two funds are 9.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 24FNDF holds 888 · IXC holds 60
- Weight in Shared Holdings
- FNDF 10%·IXC 36%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
864 of 888 positions (89.6% of the fund) are not held by IXC. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDF | IXC |
|---|---|---|
| Energy | 10.0% | 99.6% |
| Financials | 15.8% | 0.0% |
| Information Technology | 12.3% | 0.0% |
| Industrials | 11.4% | 0.0% |
| Materials | 9.5% | 0.0% |
| Other Sectors | 27.2% | 0.2% |
| 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 IXC).
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% |
| IXC | +5.9% | +29.6% | +39.8% | +15.2% | +21.2% | +9.8% | 2.93% |
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 IXC →
Shared Holdings(24)
The top 10 shared positions account for 82% of the overlap, led by SHEL, TTE and BP-.
 SHELShell PLC ORD EUR0.07 | 2.19% | 7.00% | 2.19% |
|---|---|---|---|
 TTETotalEnergies SE EUR2.5 | 1.69% | 4.96% | 1.69% |
 BP-BP plc | 1.08% | 3.27% | 1.08% |
 ENIEni SpA | 0.55% | 1.57% | 0.55% |
 SUSuncor Energy Inc. COM NPV 'NEW' | 0.51% | 2.09% | 0.51% |
 CNQCanadian Natural Resources Limited COM NPV | 0.45% | 2.70% | 0.45% |
 EQNREquinor ASA NOK2.50 | 0.44% | 0.96% | 0.44% |
 REPRepsol SA EUR1 | 0.38% | 0.83% | 0.38% |
 ENBEnbridge Inc. COM | 0.37% | 3.15% | 0.37% |
 CVECenovus Energy, Inc. | 0.34% | 0.96% | 0.34% |
 5020Eneos Holdings Inc NPV | 0.30% | 0.64% | 0.30% |
 WDSWoodside Energy Group Ltd | 0.21% | 1.20% | 0.21% |
 TRPTC Energy Corp COM NPV | 0.17% | 1.73% | 0.17% |
 NESTENeste Oyj | 0.16% | 0.37% | 0.16% |
 1605Inpex Corp. NPV | 0.15% | 0.72% | 0.15% |
 OMVOMV AG | 0.13% | 0.28% | 0.13% |
 IMOImperial Oil Ltd. | 0.09% | 0.52% | 0.09% |
 PBAPembina Pipeline Corporation COM NPV | 0.09% | 0.69% | 0.09% |
 STOSantos Ltd. NPV | 0.09% | 0.47% | 0.09% |
 AKRBPAker BP ASA | 0.09% | 0.30% | 0.09% |
 DCCDCC PLC | 0.08% | 0.14% | 0.08% |
 GALPGalp Energia SGPS SA | 0.06% | 0.27% | 0.06% |
 TOUTourmaline Oil Corp. | 0.06% | 0.47% | 0.06% |
 TENTenaris SA USD1 | 0.05% | 0.26% | 0.05% |
Frequently Asked Questions
How much do FNDF and IXC overlap?
FNDF and IXC overlap by 9.7% of portfolio weight. They share 24 holdings (FNDF holds 888 positions and IXC holds 60), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDF and IXC?
The two portfolios are 9.7% 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 FNDF and IXC?
The largest positions held by both funds are SHEL, TTE, BP-, ENI and SU. Together the top 10 shared positions account for 82% of the total overlap.
What does FNDF own that IXC doesn't?
864 positions (89.6% of FNDF) are unique to FNDF, led by 005930, 000660 and GLENPEN. In the other direction, 36 positions (64.2% of IXC) are unique to IXC.