ETF Overlap Tool
Enter up to six ETFs to see how much of each is the same securities. Overlap by weight is the sum, over every holding two funds share, of the smaller of the two weights: 100% means identical portfolios, 0% means nothing in common.
Overlap by weight
232 holdings in all 2 funds| Fund | FNDE | JHEM | Positions | Holdings |
|---|---|---|---|---|
| FNDESchwab Fundamental Emerging Markets Equity ETF | — | 45% 232 shared |
354 | as of May 31, 2026SEC filing |
| JHEMJohn Hancock Multifactor Emerging Markets ETF | 45% 232 shared | — | 953 | as of Jun 30, 2026SEC filing |
Each cell: overlap by weight, and how many positions the two funds share. Stocks, funds and bonds are compared, a bond by its own identifier and a Treasury bill by its maturity date; cash and derivatives are not, and a fund that is partly either shows how much of it is compared.
Held by both funds
44.6% common weight| Holding | FNDE | JHEM | Smallest |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 6.48% | 4.48% | 4.48% |
| MediaTek Inc | 1.79% | 2.38% | 1.79% |
| Alibaba Group Holding Ltd | 2.71% | 1.70% | 1.70% |
| Tencent Holdings Ltd | 1.51% | 2.23% | 1.51% |
| Hon Hai Precision Industry Co Ltd | 3.31% | 1.07% | 1.07% |
| ASE Technology Holding Co Ltd | 1.20% | 0.94% | 0.94% |
| China Construction Bank Corp | 2.38% | 0.81% | 0.81% |
| Reliance Industries Ltd | 0.80% | 0.77% | 0.77% |
| Vale SA | 3.03% | 0.74% | 0.74% |
| United Microelectronics Corp | 1.15% | 0.72% | 0.72% |
| Delta Electronics Inc | 0.77% | 0.65% | 0.65% |
| Unimicron Technology Corp | 0.59% | 0.74% | 0.59% |
| Industrial & Commercial Bank of China Ltd | 1.28% | 0.52% | 0.52% |
| MTN Group Ltd | 0.62% | 0.49% | 0.49% |
| Bank of China Ltd | 1.19% | 0.47% | 0.47% |
| Petroleo Brasileiro SA - Petrobras | 2.48% | 0.46% | 0.46% |
| Lenovo Group Ltd | 0.73% | 0.46% | 0.46% |
| Yageo Corp | 0.44% | 0.99% | 0.44% |
| HDFC Bank Ltd | 0.44% | 0.70% | 0.44% |
| Petroleo Brasileiro SA - Petrobras | 2.34% | 0.42% | 0.42% |
| ICICI Bank Ltd | 0.42% | 0.67% | 0.42% |
| CTBC Financial Holding Co Ltd | 0.41% | 0.52% | 0.41% |
| PDD | 0.40% | 0.67% | 0.40% |
| Nan Ya Plastics Corp | 0.49% | 0.40% | 0.40% |
| Ping An Insurance Group Co of China Ltd | 1.11% | 0.38% | 0.38% |
| FirstRand Ltd | 0.43% | 0.36% | 0.36% |
| Standard Bank Group Ltd | 0.45% | 0.34% | 0.34% |
| Fubon Financial Holding Co Ltd | 0.34% | 0.41% | 0.34% |
| Grupo Mexico SAB de CV | 0.66% | 0.34% | 0.34% |
| Quanta Computer Inc | 0.35% | 0.33% | 0.33% |
| Infosys Ltd | 0.45% | 0.32% | 0.32% |
| NetEase Inc | 0.31% | 0.55% | 0.31% |
| Yuanta Financial Holding Co Ltd | 0.31% | 0.45% | 0.31% |
| America Movil SAB de CV | 0.68% | 0.29% | 0.29% |
| Saudi Telecom Co | 0.32% | 0.29% | 0.29% |
| Itau Unibanco Holding SA | 0.69% | 0.28% | 0.28% |
| Baidu Inc | 0.60% | 0.28% | 0.28% |
| PetroChina Co Ltd | 1.25% | 0.28% | 0.28% |
| Cemex SAB de CV | 0.53% | 0.28% | 0.28% |
| Grupo Financiero Banorte SAB de CV | 0.46% | 0.27% | 0.27% |
| Axis Bank Ltd | 0.27% | 0.32% | 0.27% |
| Cathay Financial Holding Co Ltd | 0.26% | 0.35% | 0.26% |
| Bharti Airtel Ltd | 0.25% | 0.46% | 0.25% |
| Gold Fields Ltd | 0.25% | 0.32% | 0.25% |
| Meituan | 0.24% | 0.34% | 0.24% |
| Asustek Computer Inc | 0.37% | 0.24% | 0.24% |
| Agricultural Bank of China Ltd | 0.42% | 0.23% | 0.23% |
| Hindalco Industries Ltd | 0.41% | 0.22% | 0.22% |
| Zhen Ding Technology Holding Ltd | 0.34% | 0.22% | 0.22% |
| BYD Co Ltd | 0.22% | 0.30% | 0.22% |
| China Merchants Bank Co Ltd | 0.40% | 0.21% | 0.21% |
| Lite-On Technology Corp | 0.21% | 0.26% | 0.21% |
| State Bank of India | 0.30% | 0.20% | 0.20% |
| Saudi National Bank/The | 0.20% | 0.28% | 0.20% |
| Larsen & Toubro Ltd | 0.28% | 0.20% | 0.20% |
| Bank of Communications Co Ltd | 0.20% | 0.20% | 0.20% |
| PICC Property & Casualty Co Ltd | 0.28% | 0.20% | 0.20% |
| NTPC Ltd | 0.28% | 0.20% | 0.20% |
| Fomento Economico Mexicano SAB de CV | 0.54% | 0.20% | 0.20% |
| China Shenhua Energy Co Ltd | 0.41% | 0.19% | 0.19% |
Reading overlap
Two funds with 80% overlap move together and holding both mostly doubles one exposure and both fees. Low overlap is not the same as diversification: two funds can share no holdings and still be driven by the same factor. To see what a whole portfolio owns, use the portfolio x-ray.
Holdings come from each issuer's daily file where we have one and otherwise from the fund's latest SEC filing, so the two sides of a comparison can be from different dates. The table shows each fund's date.
Bond funds are matched issue by issue: two Treasury funds overlap only where they hold the same bill, note or bond. A fund of short-dated bills replaces its whole portfolio every few months, so holdings from an older filing may have matured; the table says when they have.
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.