AVDE vs FNDF overlap - what they share and where they differ

AVDE and FNDF share 54.1% of their weight across 683 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

AVDE and FNDF

54.1%

683 shared positions

AVDE

Avantis International Equity ETF

Reported positions cover 98% of the fund, 1,568 positions · May 31, 2026

Top 10: 7.6%·Holdings of AVDE

FNDF

Schwab Fundamental International Equity ETF

Reported positions cover 98% of the fund, 835 positions · May 31, 2026

Top 10: 17.5%·Holdings of FNDF

Reported positions cover AVDE 98%, FNDF 98% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

FNDF vs AVDE side by side

AVDEAvantis International Equity ETF

1,568

stock positions reported to the SEC

25.5% of its weight is in 885 names FNDF does not hold

FNDFSchwab Fundamental International Equity ETF

835

stock positions reported to the SEC

16.7% of its weight is in 152 names AVDE does not hold

Where each fund's weight sits

AVDE
FNDF
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Financial Services
8.5%
8.3%
Energy
3.4%
7.1%
Basic Materials
4.2%
4.2%
Technology
3.8%
3.6%
Healthcare
2.5%
3.0%

The widest gap is Energy: FNDF has 3.7 points more of it.

The figures side by side

AVDEFNDF
Filing dateMay 31, 2026May 31, 2026
Stock positions reported1,568835
Weight of the ten largest7.6%17.5%
Largest positionASML 1.3%SAMSUNG ELECTRONICS CO LTD 5.5%
Held alone885 positions, 25.5%152 positions, 16.7%
Covered by stock positions98%98%

Holdings they share

StockIn AVDEIn FNDFCounted
NODKNippon Air Conditioning Services Co Ltd0.99%1.03%0.99%
ROCHE HOLDING AG0.98%0.86%0.86%
SHELShell PLC0.83%2.19%0.83%
HSBCHS Holdings Co Ltd0.81%1.00%0.81%
BHPBHP Group Ltd0.59%1.22%0.59%
NVSNovartis AG0.54%0.59%0.54%
MUFGMitsubishi Corp0.53%0.94%0.53%
RIORio Tinto Ltd0.52%1.13%0.52%
SMFGSumitomo Corp0.52%0.64%0.52%
DEUTSCHE TELEKOM AG0.49%0.62%0.49%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in AVDE

MITSUI KINZOKU CO LTD0.49%
CLSCelestica Inc0.46%
IBIDEN CO LTD0.25%
TSEMTOWER Ltd0.24%
PAASPan American Silver Corp0.23%
ANZ GROUP HOLDINGS LTD0.22%
EVOLUTION MINING LTD0.16%
SUNBSunbelt Rentals Holdings Inc0.16%
ARITZIA INC0.15%
DEXERIALS CORP0.15%

Only in FNDF

SAMSUNG ELECTRONICS CO LTD5.52%
SKHYSK hynix Inc1.37%
BTIBritish American Tobacco PLC0.58%
HYUNDAI MOTOR CO0.50%
LG ELECTRONICS INC0.41%
SAMSUNG ELECTRO-MECHANICS CO LTD0.40%
PKXPOSCO Holdings Inc0.34%
SK INC0.31%
HYUNDAI MOBIS CO LTD0.27%
KIA CORP0.25%

Questions people ask

Is AVDE the same as FNDF?

54.1% of their weight sits in the same 683 holdings. AVDE also reports MITSUI KINZOKU CO LTD, CLS, IBIDEN CO LTD, which the other does not. FNDF also reports SAMSUNG ELECTRONICS CO LTD, SKHY, BTI, which the other does not.

How is the overlap between AVDE and FNDF measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 98% of AVDE and 98% of FNDF, so the number cannot exceed the smaller coverage.

Which holds more, FNDF or AVDE?

AVDE reports 1,568 stock positions and FNDF reports 835. 25.5% of AVDE's weight sits in names FNDF does not hold, and 16.7% of FNDF's weight in names AVDE does not hold. The ten largest positions are 7.6% of AVDE and 17.5% of FNDF.

How do AVDE and FNDF differ by sector?

The widest gap is Energy: FNDF has 3.7 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.