FNDX vs IVV: Holdings Overlap
FNDXSchwab Fundamental U.S. Large Company ETF
Schwab · 733 holdings · $27.4B · as of 2026-05-31
iShares · 503 holdings · $901.0B · as of 2026-03-31
Holdings snapshots are 61 days apart (FNDX: 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 FNDX and IVV?
Schwab Fundamental U.S. Large Company ETF (FNDX, by Schwab) holds 733 positions; iShares Core S&P 500 ETF (IVV, by iShares) holds 503. They have 461 holdings in common, and by portfolio weight the two funds are 64.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 64.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 461FNDX holds 733 · IVV holds 503
- Weight in Shared Holdings
- FNDX 91%·IVV 97%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
272 of 733 positions (9.1% of the fund) are not held by IVV. Showing the top 30 by weight.
Only in IVV
42 of 503 positions (2.7% of the fund) are not held by FNDX. Showing the top 30 by weight.
Sector Breakdown
| Sector | FNDX | IVV |
|---|---|---|
| Information Technology | 21.4% | 32.6% |
| Financials | 13.8% | 12.6% |
| Health Care | 11.8% | 9.4% |
| Communication Services | 9.9% | 10.5% |
| Consumer Discretionary | 8.7% | 9.8% |
| Other Sectors | 34.1% | 24.8% |
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% |
| 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 FNDX vs IVV →
Shared Holdings(461)
The top 10 shared positions account for 30% of the overlap, led by AAPL, GOOGL and MSFT.
 AAPLApple, Inc. | 4.63% | 6.65% | 4.63% |
|---|---|---|---|
 GOOGLAlphabet, Inc., Class A | 2.38% | 2.99% | 2.38% |
 MSFTMicrosoft Corp. | 2.32% | 4.91% | 2.32% |
 GOOGAlphabet, Inc., Class C | 1.89% | 2.39% | 1.89% |
 AMZNAmazon.com, Inc. | 1.85% | 3.63% | 1.85% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.41% | 1.57% | 1.41% |
 JPMJPMorgan Chase & Co. | 1.38% | 1.42% | 1.38% |
 XOMExxon Mobil Corp. | 2.28% | 1.27% | 1.27% |
 METAMeta Platforms, Inc., Class A | 1.24% | 2.23% | 1.24% |
 WMTWalmart, Inc. | 1.01% | 0.97% | 0.97% |
 JNJJohnson & Johnson | 0.96% | 1.05% | 0.96% |
 CVXChevron Corp. | 1.48% | 0.69% | 0.69% |
 MUMicron Technology, Inc. | 1.59% | 0.68% | 0.68% |
 AVGOBroadcom, Inc. | 0.65% | 2.62% | 0.65% |
 PGProcter & Gamble Co. (The) | 0.66% | 0.60% | 0.60% |
 CATCaterpillar, Inc. | 0.60% | 0.59% | 0.59% |
 BACBank of America Corp. | 0.87% | 0.58% | 0.58% |
 NVDANVIDIA Corp. | 0.55% | 7.56% | 0.55% |
 CSCOCisco Systems, Inc. | 0.90% | 0.55% | 0.55% |
 MRKMerck & Co., Inc. | 0.68% | 0.53% | 0.53% |
 COSTCostco Wholesale Corp. | 0.53% | 0.79% | 0.53% |
 ABBVAbbVie, Inc. | 0.53% | 0.69% | 0.53% |
 HDHome Depot, Inc. (The) | 0.52% | 0.58% | 0.52% |
 AMATApplied Materials, Inc. | 0.47% | 0.48% | 0.47% |
 GSGoldman Sachs Group, Inc. (The) | 0.58% | 0.45% | 0.45% |
Showing the top 250 of 461 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDX and IVV overlap?
FNDX and IVV overlap by 64.2% of portfolio weight. They share 461 holdings (FNDX holds 733 positions and IVV holds 503), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDX and IVV?
The two portfolios are 64.2% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of FNDX and IVV?
The largest positions held by both funds are AAPL, GOOGL, MSFT, GOOG and AMZN. Together the top 10 shared positions account for 30% of the total overlap.
What does FNDX own that IVV doesn't?
272 positions (9.1% of FNDX) are unique to FNDX, led by LUMN, FLEX and DINO. In the other direction, 42 positions (2.7% of IVV) are unique to IVV.