FNDF vs VEU overlap - what they share and where they differ
FNDF and VEU share 53.2% of their weight across 709 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 VEU
53.2%
709 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
VEU
VANGUARD FTSE ALL-WORLD EX-US INDEX FUND
Reported positions cover 98% of the fund, 3,463 positions · Jul 31, 2026
Top 10: 14.5%·Holdings of VEU
Reported positions cover FNDF 98%, VEU 98% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
VEU vs FNDF side by side
FNDFSchwab Fundamental International Equity ETF
819
stock positions reported to the SEC
4.6% of its weight is in 110 names VEU does not hold
VEUVANGUARD FTSE ALL-WORLD EX-US INDEX FUND
3,463
stock positions reported to the SEC
34.2% of its weight is in 2,754 names FNDF does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: VEU has 7.2 points more of it.
The figures side by side
| FNDF | VEU | |
|---|---|---|
| Filing date | May 31, 2026 | Jul 31, 2026 |
| Stock positions reported | 819 | 3,463 |
| Weight of the ten largest | 17.7% | 14.5% |
| Largest position | SAMSUNG ELECTRONICS CO., LTD. 5.5% | TSM 4.4% |
| Held alone | 110 positions, 4.6% | 2,754 positions, 34.2% |
| Covered by stock positions | 98% | 98% |
Holdings they share
| Stock | In FNDF | In VEU | Counted |
|---|---|---|---|
| SAMSUNG ELECTRONICS CO., LTD.Samsung Electronics Co Ltd | 5.52% | 1.99% | 1.99% |
| SKHYSK hynix Inc | 1.37% | 1.56% | 1.37% |
| HSBCHSBC Holdings PLC | 1.00% | 0.91% | 0.91% |
| MUFGMitsubishi UFJ Financial Group Inc | 0.95% | 0.84% | 0.84% |
| ROCHE HOLDING AG | 0.86% | 0.80% | 0.80% |
| NESTLE S.A.Nestle SA | 0.67% | 0.64% | 0.64% |
| SHELShell PLC | 2.19% | 0.64% | 0.64% |
| NVSNovartis AG | 0.59% | 0.72% | 0.59% |
| SUGPSuntory Beverage & Food Ltd | 1.21% | 0.56% | 0.56% |
| NODKNissin Foods Holdings Co Ltd | 1.04% | 0.55% | 0.55% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in FNDF
Only in VEU
Questions people ask
Is FNDF the same as VEU?
53.2% of their weight sits in the same 709 holdings. FNDF also reports AUSTRALIA & NEW ZEALAND BANKING GROUP LTD, MDT, NXPI, which the other does not. VEU also reports TSM, TENCENT HOLDINGS LIMITED, BABA, which the other does not.
How is the overlap between FNDF and VEU 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 98% of VEU, so the number cannot exceed the smaller coverage.
Which holds more, VEU or FNDF?
FNDF reports 819 stock positions and VEU reports 3,463. 4.6% of FNDF's weight sits in names VEU does not hold, and 34.2% of VEU's weight in names FNDF does not hold. The ten largest positions are 17.7% of FNDF and 14.5% of VEU.
How do FNDF and VEU differ by sector?
The widest gap is Technology: VEU has 7.2 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
VEU 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.