VIOV vs FNDA: Holdings Overlap
VIOVVanguard S&P Small-cap 600 Value Index Fund
Vanguard · 460 holdings · $1.9B · as of 2026-05-31
FNDASchwab Fundamental U.S. Small Company ETF
Schwab · 930 holdings · $9.4B · as of 2026-05-31
How similar are VIOV and FNDA?
Vanguard S&P Small-cap 600 Value Index Fund (VIOV, by Vanguard) holds 460 positions; Schwab Fundamental U.S. Small Company ETF (FNDA, by Schwab) holds 930. They have 323 holdings in common, and by portfolio weight the two funds are 31.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 31.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 323VIOV holds 460 · FNDA holds 930
- Weight in Shared Holdings
- VIOV 64%·FNDA 32%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 VIOV
137 of 460 positions (35.5% of the fund) are not held by FNDA. Showing the top 30 by weight.
Sector Breakdown
| Sector | VIOV | FNDA |
|---|---|---|
| Financials | 21.0% | 15.3% |
| Industrials | 12.6% | 20.0% |
| Information Technology | 13.3% | 15.0% |
| Consumer Discretionary | 14.9% | 12.1% |
| Real Estate | 6.9% | 8.5% |
| Other Sectors | 30.8% | 28.0% |
| Unclassified | 0.0% | 0.8% |
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. “Unclassified” is weight we could not classify (0% of VIOV, 1% of FNDA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VIOV | +3.7% | +23.2% | +39.7% | +13.8% | +8.4% | +10.4% | 1.64% |
| FNDA | +2.5% | +21.8% | +32.0% | +14.5% | +9.0% | +11.0% | 1.09% |
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 VIOV vs FNDA →
Shared Holdings(323)
The top 10 shared positions account for 9% of the overlap, led by VSXY, ARCB and LBRT.
 VSXYVictorias Secret and Co COMMON STOCK | 0.51% | 0.33% | 0.33% |
|---|---|---|---|
 ARCBArcbest Corporation COM | 0.36% | 0.32% | 0.32% |
 LBRTLiberty Energy, Inc., Class A | 0.55% | 0.32% | 0.32% |
 WERNWerner Enterprises Inc. COM | 0.29% | 0.29% | 0.29% |
 CRGYCrescent Energy, Inc., Class A | 0.33% | 0.29% | 0.29% |
 MXLMaxlinear Inc COM | 0.50% | 0.28% | 0.28% |
 ESIElement Solutions Inc COM | 0.56% | 0.28% | 0.28% |
 DIODDiodes Incorporated COM | 0.56% | 0.28% | 0.28% |
 PLXSPlexus Corp COM | 0.47% | 0.27% | 0.27% |
 UCTTUltra Clean Holdings Inc COM | 0.45% | 0.26% | 0.26% |
 HCCWarrior Met Coal Inc COM | 0.33% | 0.25% | 0.25% |
 ENPHEnphase Energy Inc COM | 1.04% | 0.25% | 0.25% |
 IRDMIridium Communications, Inc. COM | 0.25% | 0.24% | 0.24% |
 ACHCAcadia Healthcare Company, Inc. COM | 0.25% | 0.22% | 0.22% |
 RXORXO Inc. COMMON STOCK | 0.49% | 0.22% | 0.22% |
 MTCHMatch Group Inc COM | 0.99% | 0.21% | 0.21% |
 CNRCore Natural Resources Inc. COM SHS | 0.53% | 0.20% | 0.20% |
 MGYMagnolia Oil & Gas Corporation CL A | 0.58% | 0.20% | 0.20% |
 LCIILCI Industries COM | 0.31% | 0.20% | 0.20% |
 PHINPhinia Inc. COMMON STOCK | 0.34% | 0.20% | 0.20% |
 BHEBenchmark Electronics, Inc. COM | 0.35% | 0.20% | 0.20% |
 MPTMedical Properties Trust Inc. COM | 0.29% | 0.20% | 0.20% |
 KMTKennametal Inc COM | 0.29% | 0.19% | 0.19% |
 UNFUnifirst Corp COM | 0.27% | 0.19% | 0.19% |
 BKUBankUnited Inc. COM | 0.21% | 0.19% | 0.19% |
Showing the top 250 of 323 shared holdings by overlap weight.
Frequently Asked Questions
How much do VIOV and FNDA overlap?
VIOV and FNDA overlap by 31.1% of portfolio weight. They share 323 holdings (VIOV holds 460 positions and FNDA holds 930), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VIOV and FNDA?
The two portfolios are 31.1% 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 VIOV and FNDA?
The largest positions held by both funds are VSXY, ARCB, LBRT, WERN and CRGY. Together the top 10 shared positions account for 9% of the total overlap.
What does VIOV own that FNDA doesn't?
137 positions (35.5% of VIOV) are unique to VIOV, led by MOH, EMN and JXN. In the other direction, 607 positions (67.7% of FNDA) are unique to FNDA.