FNDX vs FNDB: Holdings Overlap
FNDXSchwab Fundamental U.S. Large Company ETF
Schwab · 733 holdings · $27.4B · as of 2026-05-31
FNDBSchwab Fundamental U.S. Broad Market ETF
Schwab · 1639 holdings · $1.5B · as of 2026-05-31
How similar are FNDX and FNDB?
Schwab Fundamental U.S. Large Company ETF (FNDX, by Schwab) holds 733 positions; Schwab Fundamental U.S. Broad Market ETF (FNDB, by Schwab) holds 1639. They have 733 holdings in common, and by portfolio weight the two funds are 92.5% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 92.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 733FNDX holds 733 · FNDB holds 1639
- Weight in Shared Holdings
- FNDX 100%·FNDB 93%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 FNDX
Every position in FNDX is also held by FNDB, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | FNDX | FNDB |
|---|---|---|
| Information Technology | 21.4% | 21.0% |
| Financials | 13.8% | 13.9% |
| Health Care | 11.8% | 11.4% |
| Industrials | 9.3% | 10.1% |
| Communication Services | 9.9% | 9.5% |
| Other Sectors | 33.5% | 33.8% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FNDX | +3.1% | +19.7% | +33.0% | +20.0% | +14.0% | +14.3% | 1.43% |
| FNDB | +3.0% | +19.8% | +33.0% | +19.6% | +13.6% | +14.1% | 1.41% |
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 FNDX vs FNDB →
Shared Holdings(733)
The top 10 shared positions account for 22% of the overlap, led by AAPL, INTC and GOOGL.
 AAPLApple Inc | 4.63% | 4.29% | 4.29% |
|---|---|---|---|
 INTCIntel Corp | 2.57% | 2.38% | 2.38% |
 GOOGLAlphabet Inc | 2.38% | 2.20% | 2.20% |
 MSFTMicrosoft Corp | 2.32% | 2.16% | 2.16% |
 XOMExxon Mobil Corp | 2.28% | 2.12% | 2.12% |
 GOOGAlphabet Inc | 1.89% | 1.75% | 1.75% |
 AMZNAmazon.com Inc | 1.85% | 1.72% | 1.72% |
 MUMicron Technology Inc | 1.59% | 1.48% | 1.48% |
 CVXChevron Corp | 1.48% | 1.37% | 1.37% |
 BRK-BBerkshire Hathaway Inc | 1.41% | 1.31% | 1.31% |
 JPMJPMorgan Chase & Co | 1.38% | 1.28% | 1.28% |
 UNHUnitedHealth Group Inc | 1.37% | 1.27% | 1.27% |
 METAMeta Platforms Inc | 1.24% | 1.15% | 1.15% |
 WMTWalmart Inc | 1.01% | 0.94% | 0.94% |
 VZVerizon Communications Inc | 0.99% | 0.92% | 0.92% |
 JNJJohnson & Johnson | 0.96% | 0.89% | 0.89% |
 CSCOCisco Systems Inc | 0.90% | 0.84% | 0.84% |
 CVSCVS Health Corp | 0.91% | 0.83% | 0.83% |
 BACBank of America Corp | 0.87% | 0.80% | 0.80% |
 CCitigroup Inc | 0.85% | 0.79% | 0.79% |
 TAT&T Inc | 0.81% | 0.75% | 0.75% |
 GMGeneral Motors Co | 0.74% | 0.67% | 0.67% |
 VLOValero Energy Corp | 0.71% | 0.65% | 0.65% |
 PFEPfizer Inc | 0.69% | 0.64% | 0.64% |
 MRKMerck & Co Inc | 0.68% | 0.63% | 0.63% |
Showing the top 250 of 733 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDX and FNDB overlap?
FNDX and FNDB overlap by 92.5% of portfolio weight. They share 733 holdings (FNDX holds 733 positions and FNDB holds 1639), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDX and FNDB?
The two portfolios are 92.5% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of FNDX and FNDB?
The largest positions held by both funds are AAPL, INTC, GOOGL, MSFT and XOM. Together the top 10 shared positions account for 22% of the total overlap.
What does FNDX own that FNDB doesn't?
Nothing. Every position in FNDX is also held by FNDB. In the other direction, 906 positions (7.1% of FNDB) are unique to FNDB.