FNDF vs IVLU overlap - what they share and where they differ
FNDF and IVLU share 45.8% of their weight across 270 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.
FNDF and IVLU
45.8%
270 shared positions
FNDF
Schwab Fundamental International Equity ETF
Reported positions cover 98% of the fund, 819 positions · May 31, 2026
Top 10: 17.7%·Holdings of FNDF
IVLU
iShares MSCI Intl Value Factor ETF
Reported positions cover 99% of the fund, 329 positions · Jul 31, 2026
Top 10: 17.6%·Holdings of IVLU
Reported positions cover FNDF 98%, IVLU 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
IVLU vs FNDF side by side
FNDFSchwab Fundamental International Equity ETF
819
stock positions reported to the SEC
47.1% of its weight is in 549 names IVLU does not hold
IVLUiShares MSCI Intl Value Factor ETF
329
stock positions reported to the SEC
7.5% of its weight is in 59 names FNDF does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Financial Services: IVLU has 6.3 points more of it.
The figures side by side
| FNDF | IVLU | |
|---|---|---|
| Filing date | May 31, 2026 | Jul 31, 2026 |
| Stock positions reported | 819 | 329 |
| Weight of the ten largest | 17.7% | 17.6% |
| Largest position | SAMSUNG ELECTRONICS CO., LTD. 5.5% | HSBC 2.3% |
| Held alone | 549 positions, 47.1% | 59 positions, 7.5% |
| Covered by stock positions | 98% | 99% |
Holdings they share
| Stock | In FNDF | In IVLU | Counted |
|---|---|---|---|
| SHELShell PLC | 2.19% | 1.67% | 1.67% |
| TTETotalEnergies SE | 1.69% | 1.14% | 1.14% |
| NODKNissin Foods Holdings Co Ltd | 1.04% | 1.08% | 1.04% |
| HSBCHSBC Holdings PLC | 1.00% | 2.29% | 1.00% |
| RIORio Tinto Ltd | 1.13% | 1.00% | 1.00% |
| BHPBHP Group Ltd | 1.22% | 0.95% | 0.95% |
| MUFGMitsubishi UFJ Financial Group Inc | 0.95% | 2.18% | 0.95% |
| TMToyota Motor Corp | 0.89% | 1.87% | 0.89% |
| ROCHE HOLDING AG | 0.86% | 1.44% | 0.86% |
| SUGPSuntory Beverage & Food Ltd | 1.21% | 0.80% | 0.80% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in FNDF
Only in IVLU
Questions people ask
Is FNDF the same as IVLU?
45.8% of their weight sits in the same 270 holdings. FNDF also reports SAMSUNG ELECTRONICS CO., LTD., SKHY, NESTLE S.A., which the other does not. IVLU also reports UNICREDIT, SOCIETA PER AZIONI, COMPAGNIE DE SAINT-GOBAIN SA, VODAFONE GROUP PUBLIC LIMITED COMPANY, which the other does not.
How is the overlap between FNDF and IVLU 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 FNDF and 99% of IVLU, so the number cannot exceed the smaller coverage.
Which holds more, IVLU or FNDF?
FNDF reports 819 stock positions and IVLU reports 329. 47.1% of FNDF's weight sits in names IVLU does not hold, and 7.5% of IVLU's weight in names FNDF does not hold. The ten largest positions are 17.7% of FNDF and 17.6% of IVLU.
How do FNDF and IVLU differ by sector?
The widest gap is Financial Services: IVLU has 6.3 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.