RSP vs FNDX: Holdings Overlap
RSPInvesco S&P 500 Equal Weight ETF
Invesco · 504 holdings · $97.5B · as of 2026-04-30
FNDXSchwab Fundamental U.S. Large Company ETF
Schwab · 733 holdings · $27.4B · as of 2026-05-31
Holdings snapshots are 31 days apart (RSP: 2026-04-30, FNDX: 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 FNDX?
Invesco S&P 500 Equal Weight ETF (RSP, by Invesco) holds 504 positions; Schwab Fundamental U.S. Large Company ETF (FNDX, by Schwab) holds 733. They have 462 holdings in common, and by portfolio weight the two funds are 46.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 46.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 462RSP holds 504 · FNDX holds 733
- Weight in Shared Holdings
- RSP 92%·FNDX 91%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
42 of 504 positions (7.7% of the fund) are not held by FNDX. Showing the top 30 by weight.
Sector Breakdown
| Sector | RSP | FNDX |
|---|---|---|
| Information Technology | 15.9% | 21.4% |
| Industrials | 15.5% | 9.3% |
| Financials | 15.5% | 13.8% |
| Health Care | 10.9% | 11.8% |
| Communication Services | 4.0% | 9.9% |
| Other Sectors | 37.8% | 33.5% |
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% |
| FNDX | +3.1% | +19.7% | +33.0% | +20.0% | +14.0% | +14.3% | 1.43% |
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 FNDX →
Shared Holdings(462)
The top 10 shared positions account for 6% of the overlap, led by INTC, AMD and CNC.
 INTCIntel Corp. | 0.38% | 2.57% | 0.38% |
|---|---|---|---|
 AMDAdvanced Micro Devices, Inc. | 0.33% | 0.39% | 0.33% |
 CNCCentene Corp. | 0.29% | 0.43% | 0.29% |
 STXSeagate Technology Holdings PLC | 0.34% | 0.29% | 0.29% |
 TXNTexas Instruments Inc. | 0.27% | 0.43% | 0.27% |
 HUMHumana Inc. | 0.27% | 0.32% | 0.27% |
 WDCWestern Digital Corp. | 0.31% | 0.26% | 0.26% |
 HPEHewlett Packard Enterprise Co. | 0.26% | 0.29% | 0.26% |
 QCOMQUALCOMM Inc. | 0.26% | 0.53% | 0.26% |
 NUENucor Corp. | 0.25% | 0.39% | 0.25% |
 UNHUnitedHealth Group Inc. | 0.25% | 1.37% | 0.25% |
 ELVElevance Health, Inc. | 0.25% | 0.51% | 0.25% |
 CATCaterpillar Inc. | 0.24% | 0.60% | 0.24% |
 AMZNAmazon.com, Inc. | 0.24% | 1.85% | 0.24% |
 ADIAnalog Devices, Inc. | 0.24% | 0.24% | 0.24% |
 MUMicron Technology, Inc. | 0.24% | 1.59% | 0.24% |
 AVGOBroadcom Inc. | 0.23% | 0.65% | 0.23% |
 MSMorgan Stanley | 0.23% | 0.44% | 0.23% |
 SLBSLB Ltd. | 0.23% | 0.24% | 0.23% |
 LRCXLam Research Corp. | 0.23% | 0.41% | 0.23% |
 DOWDow Inc. | 0.23% | 0.30% | 0.23% |
 CCitigroup Inc. | 0.23% | 0.85% | 0.23% |
 CSCOCisco Systems, Inc. | 0.22% | 0.90% | 0.22% |
 DVNDevon Energy Corp. | 0.22% | 0.26% | 0.22% |
 CSXCSX Corp. | 0.22% | 0.24% | 0.22% |
Showing the top 250 of 462 shared holdings by overlap weight.
Frequently Asked Questions
How much do RSP and FNDX overlap?
RSP and FNDX overlap by 46.9% of portfolio weight. They share 462 holdings (RSP holds 504 positions and FNDX holds 733), based on each fund's latest SEC-reported holdings.
Is it redundant to own both RSP and FNDX?
The two portfolios are 46.9% 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 FNDX?
The largest positions held by both funds are INTC, AMD, CNC, STX and TXN. Together the top 10 shared positions account for 6% of the total overlap.
What does RSP own that FNDX doesn't?
42 positions (7.7% of RSP) are unique to RSP, led by NXPI, LITE and FIX. In the other direction, 271 positions (9.0% of FNDX) are unique to FNDX.