RSP vs FNDB: Holdings Overlap
RSPInvesco S&P 500 Equal Weight ETF
Invesco · 504 holdings · $97.5B · as of 2026-04-30
FNDBSchwab Fundamental U.S. Broad Market ETF
Schwab · 1639 holdings · $1.5B · as of 2026-05-31
Holdings snapshots are 31 days apart (RSP: 2026-04-30, FNDB: 2026-05-31). 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 RSP and FNDB?
Invesco S&P 500 Equal Weight ETF (RSP, by Invesco) holds 504 positions; Schwab Fundamental U.S. Broad Market ETF (FNDB, by Schwab) holds 1639. They have 494 holdings in common, and by portfolio weight the two funds are 45.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 45.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 494RSP holds 504 · FNDB holds 1639
- Weight in Shared Holdings
- RSP 98%·FNDB 85%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 RSP
10 of 504 positions (1.6% of the fund) are not held by FNDB.
Sector Breakdown
| Sector | RSP | FNDB |
|---|---|---|
| Information Technology | 15.9% | 21.0% |
| Industrials | 15.5% | 10.1% |
| Financials | 15.5% | 13.9% |
| Health Care | 10.9% | 11.4% |
| Communication Services | 4.0% | 9.5% |
| Other Sectors | 37.8% | 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 |
|---|---|---|---|---|---|---|---|
| RSP | +2.5% | +15.8% | +22.4% | +14.8% | +9.2% | +12.0% | 1.46% |
| 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 RSP vs FNDB →
Shared Holdings(494)
The top 10 shared positions account for 6% of the overlap, led by INTC, AMD and CNC.
 INTCIntel Corp. | 0.38% | 2.38% | 0.38% |
|---|---|---|---|
 AMDAdvanced Micro Devices, Inc. | 0.33% | 0.36% | 0.33% |
 CNCCentene Corp. | 0.29% | 0.39% | 0.29% |
 TXNTexas Instruments Inc. | 0.27% | 0.40% | 0.27% |
 HUMHumana Inc. | 0.27% | 0.29% | 0.27% |
 STXSeagate Technology Holdings PLC | 0.34% | 0.26% | 0.26% |
 HPEHewlett Packard Enterprise Co. | 0.26% | 0.27% | 0.26% |
 QCOMQUALCOMM Inc. | 0.26% | 0.49% | 0.26% |
 NUENucor Corp. | 0.25% | 0.36% | 0.25% |
 UNHUnitedHealth Group Inc. | 0.25% | 1.27% | 0.25% |
 ELVElevance Health, Inc. | 0.25% | 0.46% | 0.25% |
 CATCaterpillar Inc. | 0.24% | 0.56% | 0.24% |
 AMZNAmazon.com, Inc. | 0.24% | 1.72% | 0.24% |
 WDCWestern Digital Corp. | 0.31% | 0.24% | 0.24% |
 MUMicron Technology, Inc. | 0.24% | 1.48% | 0.24% |
 AVGOBroadcom Inc. | 0.23% | 0.60% | 0.23% |
 MSMorgan Stanley | 0.23% | 0.41% | 0.23% |
 SLBSLB Ltd. | 0.23% | 0.23% | 0.23% |
 LRCXLam Research Corp. | 0.23% | 0.38% | 0.23% |
 DOWDow Inc. | 0.23% | 0.28% | 0.23% |
 CCitigroup Inc. | 0.23% | 0.79% | 0.23% |
 CSCOCisco Systems, Inc. | 0.22% | 0.84% | 0.22% |
 ADIAnalog Devices, Inc. | 0.24% | 0.22% | 0.22% |
 DVNDevon Energy Corp. | 0.22% | 0.24% | 0.22% |
 CSXCSX Corp. | 0.22% | 0.22% | 0.22% |
Showing the top 250 of 494 shared holdings by overlap weight.
Frequently Asked Questions
How much do RSP and FNDB overlap?
RSP and FNDB overlap by 45.5% of portfolio weight. They share 494 holdings (RSP holds 504 positions and FNDB holds 1639), based on each fund's latest SEC-reported holdings.
Is it redundant to own both RSP and FNDB?
The two portfolios are 45.5% 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 RSP and FNDB?
The largest positions held by both funds are INTC, AMD, CNC, TXN and HUM. Together the top 10 shared positions account for 6% of the total overlap.
What does RSP own that FNDB doesn't?
10 positions (1.6% of RSP) are unique to RSP, led by NXPI, CTRA and GRMN. In the other direction, 1145 positions (15.2% of FNDB) are unique to FNDB.