FNDX vs VLUE overlap - what they share and where they differ

FNDX and VLUE share 29.2% of their weight across 129 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.

FNDX and VLUE

29.2%

129 shared positions

FNDX

Schwab Fundamental U.S. Large Company ETF

Reported positions cover 100% of the fund, 722 positions · May 31, 2026

Top 10: 23.8%·Holdings of FNDX

VLUE

iShares MSCI USA Value Factor ETF

Reported positions cover 100% of the fund, 147 positions · Apr 30, 2026

Top 10: 43.5%·Holdings of VLUE

Reported positions cover FNDX 100%, VLUE 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

VLUE vs FNDX side by side

FNDXSchwab Fundamental U.S. Large Company ETF

722

stock positions reported to the SEC

70.4% of its weight is in 593 names VLUE does not hold

VLUEiShares MSCI USA Value Factor ETF

147

stock positions reported to the SEC

7.1% of its weight is in 18 names FNDX does not hold

Where each fund's weight sits

FNDX
VLUE
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
29.3%
42.3%
Healthcare
11.6%
0.0%
Financial Services
11.0%
10.3%
Consumer Cyclical
10.5%
9.1%
Industrials
0.0%
9.1%
Communication Services
0.0%
8.3%

The widest gap is Technology: VLUE has 13.0 points more of it.

The figures side by side

FNDXVLUE
Filing dateMay 31, 2026Apr 30, 2026
Stock positions reported722147
Weight of the ten largest23.8%43.5%
Largest positionAAPL 4.6%MU 11.6%
Held alone593 positions, 70.4%18 positions, 7.1%
Covered by stock positions100%100%

Holdings they share

StockIn FNDXIn VLUECounted
INTCIntel Corp2.57%9.26%2.57%
MUMicron Technology Inc1.59%11.60%1.59%
VZVerizon Communications Inc0.99%2.66%0.99%
CVSCVS Health Corp0.91%1.11%0.91%
CSCOCisco Systems Inc0.90%4.96%0.90%
BACBank of America Corp0.87%1.88%0.87%
CCitigroup Inc0.85%1.94%0.85%
TAT&T Inc0.81%2.53%0.81%
GMGeneral Motors Co0.74%3.15%0.74%
VLOValero Energy Corp0.71%0.70%0.70%

What each holds alone

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

Only in FNDX

AAPLApple Inc4.63%
GOOGLAlphabet Inc4.27%
MSFTMicrosoft Corp2.32%
EXXON MOBIL CORP2.28%
AMZNAmazon.com Inc1.85%
CVXChevron Corp1.48%
BRK.ABerkshire Hathaway Inc1.41%
JPMORGAN CHASE & CO1.38%
UNHUnitedHealth Group Inc1.37%
METAMeta Platforms Inc1.24%

Only in VLUE

NXPINXP Semiconductors N.V.1.00%
TE CONNECTIVITY PUBLIC LIMITED COMPANY0.92%
DHID.R. HORTON, INC.0.87%
ACCENTURE PUBLIC LIMITED COMPANY0.65%
USBU.S. BANCORP0.52%
PG&E CORPORATION0.50%
COTERRA ENERGY INC.0.39%
TWLOTWILIO INC.0.35%
MSTRSTRATEGY INC0.30%
FLEX LTD.0.25%

Questions people ask

Is FNDX the same as VLUE?

29.2% of their weight sits in the same 129 holdings. FNDX also reports AAPL, GOOGL, MSFT, which the other does not. VLUE also reports NXPI, TE CONNECTIVITY PUBLIC LIMITED COMPANY, DHI, which the other does not.

How is the overlap between FNDX and VLUE measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of FNDX and 100% of VLUE, so the number cannot exceed the smaller coverage.

Which holds more, VLUE or FNDX?

FNDX reports 722 stock positions and VLUE reports 147. 70.4% of FNDX's weight sits in names VLUE does not hold, and 7.1% of VLUE's weight in names FNDX does not hold. The ten largest positions are 23.8% of FNDX and 43.5% of VLUE.

How do FNDX and VLUE differ by sector?

The widest gap is Technology: VLUE has 13.0 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.