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

FNDF and VEA share 60.4% of their weight across 757 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 VEA

60.4%

757 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

VEA

VANGUARD DEVELOPED MARKETS INDEX FUND

Reported positions cover 96% of the fund, 1,689 positions · Jun 30, 2026

Top 10: 14.9%·Holdings of VEA

Reported positions cover FNDF 98%, VEA 96% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

VEA vs FNDF side by side

FNDFSchwab Fundamental International Equity ETF

835

stock positions reported to the SEC

3.2% of its weight is in 78 names VEA does not hold

VEAVANGUARD DEVELOPED MARKETS INDEX FUND

1,689

stock positions reported to the SEC

15.8% of its weight is in 932 names FNDF does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Financial Services
8.3%
9.4%
Technology
3.6%
8.1%
Energy
7.1%
2.3%
Basic Materials
4.2%
3.2%
Healthcare
3.0%
3.8%

The widest gap is Energy: FNDF has 4.8 points more of it.

The figures side by side

FNDFVEA
Filing dateMay 31, 2026Jun 30, 2026
Stock positions reported8351,689
Weight of the ten largest17.5%14.9%
Largest positionSAMSUNG ELECTRONICS CO LTD 5.5%SAMSUNG ELECTRONICS CO LTD 3.2%
Held alone78 positions, 3.2%932 positions, 15.8%
Covered by stock positions98%96%

Holdings they share

StockIn FNDFIn VEACounted
SAMSUNG ELECTRONICS CO LTD5.52%3.16%3.16%
SKHYSK hynix Inc1.37%3.02%1.37%
HSBCHSBC Holdings PLC1.00%1.00%1.00%
MUFGMitsubishi UFJ Financial Group Inc0.94%0.93%0.93%
ROCHE HOLDING AG0.86%0.93%0.86%
NESTLE SA0.67%0.82%0.67%
SHELShell PLC2.19%0.67%0.67%
NODKNippon Sanso Holdings Corp1.03%0.66%0.66%
BHPBHP Group Ltd1.22%0.65%0.65%
SMFGSumitomo Mitsui Trust Holdings Inc0.64%0.63%0.63%

What each holds alone

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

Only in FNDF

AUSTRALIA & NEW ZEALAND BANKING GROUP LTD0.21%
MDTMedtronic PLC0.20%
NXPINXP Semiconductors NV0.15%
MITSUBISHI CHEMICAL HOLDINGS CORP0.13%
ZIMZIM Integrated Shipping Services Ltd0.13%
MITSUI MINING & SMELTING CO LTD0.12%
ROGERS COMMUNICATIONS INC0.10%
APTVAptiv PLC0.08%
BNTXBioNTech SE0.08%
FRESENIUS MEDICAL CARE AG & CO KGAA0.08%

Only in VEA

SK SQUARE CO LTD0.31%
INVESTOR AB0.28%
ANZ GROUP HOLDINGS LTD0.23%
ARGXArgenx SE0.18%
CCJCameco Corp0.14%
CLSCelestica Inc0.13%
GALDERMA GROUP AG0.13%
IBIDEN CO LTD0.12%
FERFerrovial NV0.10%
SUNBSunbelt Rentals Holdings Inc0.09%

Questions people ask

Is FNDF the same as VEA?

60.4% of their weight sits in the same 757 holdings. FNDF also reports AUSTRALIA & NEW ZEALAND BANKING GROUP LTD, MDT, NXPI, which the other does not. VEA also reports SK SQUARE CO LTD, INVESTOR AB, ANZ GROUP HOLDINGS LTD, which the other does not.

How is the overlap between FNDF and VEA 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 96% of VEA, so the number cannot exceed the smaller coverage.

Which holds more, VEA or FNDF?

FNDF reports 835 stock positions and VEA reports 1,689. 3.2% of FNDF's weight sits in names VEA does not hold, and 15.8% of VEA's weight in names FNDF does not hold. The ten largest positions are 17.5% of FNDF and 14.9% of VEA.

How do FNDF and VEA differ by sector?

The widest gap is Energy: FNDF has 4.8 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.

Other pairs with these funds

VEA against other funds in the table

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.