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

FNDF and VPL share 36.7% of their weight across 352 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 VPL

36.7%

352 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

VPL

VANGUARD PACIFIC STOCK INDEX FUND

Reported positions cover 97% of the fund, 1,355 positions · Apr 30, 2026

Top 10: 23.7%·Holdings of VPL

Reported positions cover FNDF 98%, VPL 97% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

VPL vs FNDF side by side

FNDFSchwab Fundamental International Equity ETF

835

stock positions reported to the SEC

56.5% of its weight is in 483 names VPL does not hold

VPLVANGUARD PACIFIC STOCK INDEX FUND

1,355

stock positions reported to the SEC

23.1% of its weight is in 1,003 names FNDF does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Financial Services
8.3%
9.0%
Energy
7.1%
0.0%
Technology
3.6%
6.6%
Basic Materials
4.2%
2.4%
Healthcare
3.0%
0.5%
Consumer Cyclical
0.0%
2.1%

The widest gap is Energy: FNDF has 7.1 points more of it.

The figures side by side

FNDFVPL
Filing dateMay 31, 2026Apr 30, 2026
Stock positions reported8351,355
Weight of the ten largest17.5%23.7%
Largest positionSAMSUNG ELECTRONICS CO LTD 5.5%SAMSUNG ELECTRONICS CO LTD 6.0%
Held alone483 positions, 56.5%1,003 positions, 23.1%
Covered by stock positions98%97%

Holdings they share

StockIn FNDFIn VPLCounted
SAMSUNG ELECTRONICS CO LTD5.52%6.00%5.52%
SKHYSK hynix Inc1.37%4.08%1.37%
BHPBHP Group Ltd1.22%1.64%1.22%
NODKNippon Sanso Holdings Corp1.03%2.06%1.03%
MUFGMitsubishi UFJ Financial Group Inc0.94%2.56%0.94%
TMToyota Motor Corp0.89%1.73%0.89%
SMFGSumitomo Mitsui Trust Holdings Inc0.64%1.59%0.64%
MITSUI & CO LTD0.46%0.80%0.46%
MURATA MANUFACTURING CO LTD0.47%0.46%0.46%
HYUNDAI MOTOR CO0.50%0.41%0.41%

What each holds alone

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

Only in FNDF

SHELShell PLC2.19%
TTETotalEnergies SE1.69%
GLENCORE PLC1.22%
BPBP PLC1.08%
HSBCHSBC Holdings PLC1.00%
ROCHE HOLDING AG0.86%
BANCO SANTANDER SA0.73%
NESTLE SA0.67%
MERCEDES-BENZ GROUP AG0.65%
DEUTSCHE TELEKOM AG0.62%

Only in VPL

ANZ GROUP HOLDINGS LTD0.68%
SK SQUARE CO LTD0.44%
DOOSAN ENERBILITY CO LTD0.33%
HANWHA AEROSPACE CO LTD0.28%
IBIDEN CO LTD0.18%
LASERTEC CORP0.18%
BOC HONG KONG HOLDINGS LTD0.17%
CELLTRION INC0.17%
ASICS CORP0.16%
HD HYUNDAI ELECTRIC CO LTD0.16%

Questions people ask

Is FNDF the same as VPL?

36.7% of their weight sits in the same 352 holdings. FNDF also reports SHEL, TTE, GLENCORE PLC, which the other does not. VPL also reports ANZ GROUP HOLDINGS LTD, SK SQUARE CO LTD, DOOSAN ENERBILITY CO LTD, which the other does not.

How is the overlap between FNDF and VPL 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 97% of VPL, so the number cannot exceed the smaller coverage.

Which holds more, VPL or FNDF?

FNDF reports 835 stock positions and VPL reports 1,355. 56.5% of FNDF's weight sits in names VPL does not hold, and 23.1% of VPL's weight in names FNDF does not hold. The ten largest positions are 17.5% of FNDF and 23.7% of VPL.

How do FNDF and VPL differ by sector?

The widest gap is Energy: FNDF has 7.1 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.