FNDX vs SCHB: Holdings Overlap
FNDXSchwab Fundamental U.S. Large Company ETF
Schwab · 733 holdings · $27.4B · as of 2026-05-31
SCHBSchwab U.S. Broad Market ETF
Schwab · 2407 holdings · $44.7B · as of 2026-05-31
How similar are FNDX and SCHB?
Schwab Fundamental U.S. Large Company ETF (FNDX, by Schwab) holds 733 positions; Schwab U.S. Broad Market ETF (SCHB, by Schwab) holds 2407. They have 729 holdings in common, and by portfolio weight the two funds are 62.5% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 62.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 729FNDX holds 733 · SCHB holds 2407
- Weight in Shared Holdings
- FNDX 100%·SCHB 90%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
4 of 733 positions (0.1% of the fund) are not held by SCHB.
Sector Breakdown
| Sector | FNDX | SCHB |
|---|---|---|
| Information Technology | 21.4% | 36.4% |
| Financials | 13.8% | 11.6% |
| Health Care | 11.8% | 8.7% |
| Communication Services | 9.9% | 9.8% |
| Consumer Discretionary | 8.7% | 9.7% |
| Other Sectors | 34.1% | 23.6% |
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% |
| SCHB | +3.3% | +14.6% | +24.0% | +20.9% | +12.4% | +14.9% | 1.00% |
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 SCHB →
Shared Holdings(729)
The top 10 shared positions account for 30% of the overlap, led by AAPL, GOOGL and MSFT.
 AAPLApple Inc | 4.63% | 6.26% | 4.63% |
|---|---|---|---|
 GOOGLAlphabet Inc | 2.38% | 3.03% | 2.38% |
 MSFTMicrosoft Corp | 2.32% | 4.57% | 2.32% |
 GOOGAlphabet Inc | 1.89% | 2.41% | 1.89% |
 AMZNAmazon.com Inc | 1.85% | 3.62% | 1.85% |
 MUMicron Technology Inc | 1.59% | 1.49% | 1.49% |
 METAMeta Platforms Inc | 1.24% | 1.89% | 1.24% |
 BRK-BBerkshire Hathaway Inc | 1.41% | 1.19% | 1.19% |
 JPMJPMorgan Chase & Co | 1.38% | 1.10% | 1.10% |
 XOMExxon Mobil Corp | 2.28% | 0.83% | 0.83% |
 JNJJohnson & Johnson | 0.96% | 0.74% | 0.74% |
 INTCIntel Corp | 2.57% | 0.74% | 0.74% |
 WMTWalmart Inc | 1.01% | 0.69% | 0.69% |
 CSCOCisco Systems Inc | 0.90% | 0.65% | 0.65% |
 AVGOBroadcom Inc | 0.65% | 2.90% | 0.65% |
 CATCaterpillar Inc | 0.60% | 0.56% | 0.56% |
 NVDANVIDIA Corp | 0.55% | 7.02% | 0.55% |
 COSTCostco Wholesale Corp | 0.53% | 0.58% | 0.53% |
 ABBVAbbVie Inc | 0.53% | 0.53% | 0.53% |
 UNHUnitedHealth Group Inc | 1.37% | 0.47% | 0.47% |
 BACBank of America Corp | 0.87% | 0.47% | 0.47% |
 AMATApplied Materials Inc | 0.47% | 0.49% | 0.47% |
 CVXChevron Corp | 1.48% | 0.47% | 0.47% |
 PGProcter & Gamble Co/The | 0.66% | 0.46% | 0.46% |
 HDHome Depot Inc/The | 0.52% | 0.43% | 0.43% |
Showing the top 250 of 729 shared holdings by overlap weight.
Frequently Asked Questions
How much do FNDX and SCHB overlap?
FNDX and SCHB overlap by 62.5% of portfolio weight. They share 729 holdings (FNDX holds 733 positions and SCHB holds 2407), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FNDX and SCHB?
The two portfolios are 62.5% 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 SCHB?
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 SCHB doesn't?
4 positions (0.1% of FNDX) are unique to FNDX, led by DOX, ICLR and AER. In the other direction, 1678 positions (10.3% of SCHB) are unique to SCHB.