FNDF vs IXUS: Holdings Overlap
FNDFSchwab Fundamental International Equity ETF
Schwab · 888 holdings · $25.2B · as of 2026-05-31
IXUSiShares Core MSCI Total International Stock ETF
iShares · 4190 holdings · $59.9B · as of 2026-04-30
Holdings snapshots are 31 days apart (FNDF: 2026-05-31, IXUS: 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 IXUS?
Schwab Fundamental International Equity ETF (FNDF, by Schwab) holds 888 positions; iShares Core MSCI Total International Stock ETF (IXUS, by iShares) holds 4190. They have 849 holdings in common, and by portfolio weight the two funds are 50.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 50.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 849FNDF holds 888 · IXUS holds 4190
- Weight in Shared Holdings
- FNDF 98%·IXUS 59%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
39 of 888 positions (1.4% of the fund) are not held by IXUS. Showing the top 30 by weight.
Only in IXUS
3341 of 4190 positions (40.2% of the fund) are not held by FNDF. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDF | IXUS |
|---|---|---|
| Financials | 15.8% | 18.7% |
| Information Technology | 12.3% | 15.2% |
| Industrials | 11.4% | 10.9% |
| Energy | 10.0% | 4.2% |
| Materials | 9.5% | 5.6% |
| Other Sectors | 27.2% | 23.1% |
| Unclassified | 13.1% | 21.9% |
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, 22% of IXUS).
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% |
| IXUS | +3.0% | +16.5% | +27.9% | +19.1% | +9.2% | +9.7% | 2.88% |
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 IXUS →
Shared Holdings(849)
The top 10 shared positions account for 15% of the overlap, led by 005930, 000660 and HSBA.
 005930Samsung Electronics Co Ltd | 5.51% | 1.68% | 1.68% |
|---|---|---|---|
 000660SK hynix Inc | 1.37% | 1.15% | 1.15% |
 HSBAHSBC Holdings PLC | 1.00% | 0.74% | 0.74% |
 ROPRoche Holding AG | 0.82% | 0.68% | 0.68% |
 NESNNestle SA (Registered) | 0.67% | 0.61% | 0.61% |
 SHELShell PLC | 2.19% | 0.61% | 0.61% |
 NOVNNovartis AG (Registered) | 0.59% | 0.66% | 0.59% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.52% | 0.59% | 0.52% |
 BHPBHP Group Ltd. | 1.22% | 0.47% | 0.47% |
 SIESiemens AG (Registered) | 0.47% | 0.53% | 0.47% |
 TTETotalEnergies SE EUR2.5 | 1.69% | 0.43% | 0.43% |
 7203Toyota Motor Corp. NPV | 0.89% | 0.43% | 0.43% |
 TDThe Toronto-Dominion Bank COM NEW | 0.50% | 0.43% | 0.43% |
 SANBanco Santander SA | 0.73% | 0.42% | 0.42% |
 ALVAllianz SE (Registered) | 0.43% | 0.41% | 0.41% |
 ASMLASML Holding NV | 0.40% | 1.32% | 0.40% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.38% | 0.69% | 0.38% |
 6501Hitachi Ltd. NPV | 0.40% | 0.34% | 0.34% |
 IBEIberdrola SA | 0.33% | 0.35% | 0.33% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.32% | 0.47% | 0.32% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.33% | 0.31% | 0.31% |
 BATSBritish American Tobacco PLC | 0.58% | 0.30% | 0.30% |
 8316Sumitomo Mitsui Financial Group Inc. NPV | 0.32% | 0.30% | 0.30% |
 9984SoftBank Group Corp. | 0.41% | 0.30% | 0.30% |
 BBVABanco Bilbao Vizcaya Argentaria SA | 0.41% | 0.30% | 0.30% |
Showing the top 250 of 849 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDF and IXUS overlap?
FNDF and IXUS overlap by 50.6% of portfolio weight. They share 849 holdings (FNDF holds 888 positions and IXUS holds 4190), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDF and IXUS?
The two portfolios are 50.6% 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 IXUS?
The largest positions held by both funds are 005930, 000660, HSBA, ROP and NESN. Together the top 10 shared positions account for 15% of the total overlap.
What does FNDF own that IXUS doesn't?
39 positions (1.4% of FNDF) are unique to FNDF, led by MDT, NXPI and APTV. In the other direction, 3341 positions (40.2% of IXUS) are unique to IXUS.