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

FNDF and PICK share 6.9% of their weight across 20 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 PICK

6.9%

20 shared positions

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

PICK

iShares MSCI Global Metals & Mining Producers ETF

Reported positions cover 99% of the fund, 230 positions · May 31, 2026

Top 10: 48.9%·Holdings of PICK

Reported positions cover FNDF 98%, PICK 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

PICK vs FNDF side by side

FNDFSchwab Fundamental International Equity ETF

835

stock positions reported to the SEC

90.9% of its weight is in 815 names PICK does not hold

PICKiShares MSCI Global Metals & Mining Producers ETF

230

stock positions reported to the SEC

55.6% of its weight is in 210 names FNDF does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Basic Materials
4.2%
47.8%
Financial Services
8.3%
1.2%
Energy
7.1%
0.0%
Technology
3.6%
0.1%
Healthcare
3.0%
0.0%
Consumer Cyclical
0.0%
1.8%

The widest gap is Basic Materials: PICK has 43.6 points more of it.

The figures side by side

FNDFPICK
Filing dateMay 31, 2026May 31, 2026
Stock positions reported835230
Weight of the ten largest17.5%48.9%
Largest positionSAMSUNG ELECTRONICS CO LTD 5.5%BHP 13.0%
Held alone815 positions, 90.9%210 positions, 55.6%
Covered by stock positions98%99%

Holdings they share

StockIn FNDFIn PICKCounted
BHPBHP Group Ltd1.22%13.03%1.22%
GLENCORE PLC1.22%4.37%1.22%
RIORio Tinto Ltd1.13%9.77%1.13%
NODKNippon Sanso Holdings Corp1.03%1.19%1.03%
ANGLO AMERICAN PLC0.42%3.45%0.42%
ARCELORMITTAL SA0.40%1.69%0.40%
PKXPOSCO Holdings Inc0.34%1.18%0.34%
FORTESCUE LTD0.18%1.57%0.18%
TECKTeck Resources Ltd0.17%1.75%0.17%
NORSK HYDRO ASA0.12%0.98%0.12%

What each holds alone

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

Only in FNDF

SAMSUNG ELECTRONICS CO LTD5.52%
SHELShell PLC2.19%
TTETotalEnergies SE1.69%
SKHYSK hynix Inc1.37%
BPBP PLC1.08%
HSBCHSBC Holdings PLC1.00%
MUFGMitsubishi UFJ Financial Group Inc0.94%
TMToyota Motor Corp0.89%
ROCHE HOLDING AG0.86%
BANCO SANTANDER SA0.73%

Only in PICK

FCXFREEPORT-MCMORAN INC.5.44%
VALEVALE S.A.3.43%
NUENUCOR CORPORATION3.30%
GRUPO MEXICO, S.A.B. DE C.V.2.23%
STLDSTEEL DYNAMICS, INC.2.08%
FIRST QUANTUM MINERALS LTD.1.26%
VALTERRA PLATINUM LIMITED1.26%
LUNDIN MINING CORPORATION1.18%
AAALCOA CORPORATION1.16%
RSRELIANCE, INC.1.15%

Questions people ask

Is FNDF the same as PICK?

6.9% of their weight sits in the same 20 holdings. FNDF also reports SAMSUNG ELECTRONICS CO LTD, SHEL, TTE, which the other does not. PICK also reports FCX, VALE, NUE, which the other does not.

How is the overlap between FNDF and PICK 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 PICK, so the number cannot exceed the smaller coverage.

Which holds more, PICK or FNDF?

FNDF reports 835 stock positions and PICK reports 230. 90.9% of FNDF's weight sits in names PICK does not hold, and 55.6% of PICK's weight in names FNDF does not hold. The ten largest positions are 17.5% of FNDF and 48.9% of PICK.

How do FNDF and PICK differ by sector?

The widest gap is Basic Materials: PICK has 43.6 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.