DXJ vs FNDF overlap - what they share and where they differ
DXJ and FNDF share 6.3% of their weight across 41 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.
DXJ and FNDF
6.3%
41 shared positions
DXJ
WisdomTree Japan Hedged Equity Fund
Reported positions cover 96% of the fund, 396 positions · Mar 31, 2026
Top 10: 36.3%·Holdings of DXJ
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 DXJ 96%, 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 DXJ side by side
DXJWisdomTree Japan Hedged Equity Fund
396
stock positions reported to the SEC
60.2% of its weight is in 355 names FNDF does not hold
FNDFSchwab Fundamental International Equity ETF
835
stock positions reported to the SEC
91.3% of its weight is in 794 names DXJ does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Financial Services: DXJ has 11.9 points more of it.
The figures side by side
| DXJ | FNDF | |
|---|---|---|
| Filing date | Mar 31, 2026 | May 31, 2026 |
| Stock positions reported | 396 | 835 |
| Weight of the ten largest | 36.3% | 17.5% |
| Largest position | MUFG 7.8% | SAMSUNG ELECTRONICS CO LTD 5.5% |
| Held alone | 355 positions, 60.2% | 794 positions, 91.3% |
| Covered by stock positions | 96% | 98% |
Holdings they share
| Stock | In DXJ | In FNDF | Counted |
|---|---|---|---|
| NODKNippon Paper Industries Co., Ltd. | 3.96% | 1.03% | 1.03% |
| MUFGMitsubishi Corp. | 7.77% | 0.94% | 0.94% |
| TMToyota Motor Corp. | 4.56% | 0.89% | 0.89% |
| SMFGSumitomo Mitsui Trust Group Inc. | 5.30% | 0.64% | 0.64% |
| HMCHonda Motor Co Ltd. | 1.47% | 0.42% | 0.42% |
| ENEOS HOLDINGS INC | 0.58% | 0.30% | 0.30% |
| SONYSony Group Corp. | 0.48% | 0.30% | 0.30% |
| TAKTakeda Pharmaceutical Co Ltd. | 2.05% | 0.28% | 0.28% |
| MFGMizuho Financial Group Inc. | 2.31% | 0.22% | 0.22% |
| JAPAN TOBACCO INC | 2.42% | 0.13% | 0.13% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in DXJ
Only in FNDF
Questions people ask
Is DXJ the same as FNDF?
6.3% of their weight sits in the same 41 holdings. DXJ also reports TOKIO MARINE HOLDINGS INC., MITSUI & CO LTD., NTT INC., which the other does not. FNDF also reports SAMSUNG ELECTRONICS CO LTD, SHEL, TTE, which the other does not.
How is the overlap between DXJ 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 96% of DXJ and 98% of FNDF, so the number cannot exceed the smaller coverage.
Which holds more, FNDF or DXJ?
DXJ reports 396 stock positions and FNDF reports 835. 60.2% of DXJ's weight sits in names FNDF does not hold, and 91.3% of FNDF's weight in names DXJ does not hold. The ten largest positions are 36.3% of DXJ and 17.5% of FNDF.
How do DXJ and FNDF differ by sector?
The widest gap is Financial Services: DXJ has 11.9 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.
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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.