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
202 holdings in all 2 funds| Fund | FNDE | PXH | Positions | Holdings |
|---|---|---|---|---|
| FNDESchwab Fundamental Emerging Markets Equity ETF | — | 57% 202 shared |
354 | as of May 31, 2026SEC filing |
| PXHInvesco RAFI Emerging Markets ETF | 57% 202 shared | — | 346 | as of Oct 20, 2026issuer data |
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
57.1% common weight| Holding | FNDE | PXH | Smallest |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 6.48% | 5.64% | 5.64% |
| Hon Hai Precision Industry Co Ltd | 3.31% | 2.48% | 2.48% |
| China Construction Bank Corp | 2.38% | 2.66% | 2.38% |
| Vale SA | 3.03% | 1.89% | 1.89% |
| MediaTek Inc | 1.79% | 1.73% | 1.73% |
| Tencent Holdings Ltd | 1.51% | 2.18% | 1.51% |
| Industrial & Commercial Bank of China Ltd | 1.28% | 2.04% | 1.28% |
| Bank of China Ltd | 1.19% | 1.63% | 1.19% |
| Ping An Insurance Group Co of China Ltd | 1.11% | 1.24% | 1.11% |
| PetroChina Co Ltd | 1.25% | 1.09% | 1.09% |
| China Petroleum & Chemical Corp | 0.95% | 0.89% | 0.89% |
| United Microelectronics Corp | 1.15% | 0.82% | 0.82% |
| Reliance Industries Ltd | 0.80% | 0.93% | 0.80% |
| ASE Technology Holding Co Ltd | 1.20% | 0.73% | 0.73% |
| Lenovo Group Ltd | 0.73% | 0.64% | 0.64% |
| Evergreen Marine Corp Taiwan Ltd | 0.61% | 0.68% | 0.61% |
| Saudi Arabian Oil Co | 0.74% | 0.58% | 0.58% |
| Sasol Ltd | 0.90% | 0.56% | 0.56% |
| Grupo Mexico SAB de CV | 0.66% | 0.51% | 0.51% |
| Nan Ya Plastics Corp | 0.49% | 0.91% | 0.49% |
| Baidu Inc | 0.60% | 0.49% | 0.49% |
| Valterra Platinum Ltd | 0.57% | 0.49% | 0.49% |
| Banco do Brasil SA | 0.48% | 0.60% | 0.48% |
| Grupo Financiero Banorte SAB de CV | 0.46% | 0.53% | 0.46% |
| Infosys Ltd | 0.45% | 0.57% | 0.45% |
| Vibra Energia SA | 0.49% | 0.44% | 0.44% |
| HDFC Bank Ltd | 0.44% | 0.70% | 0.44% |
| America Movil SAB de CV | 0.68% | 0.43% | 0.43% |
| Agricultural Bank of China Ltd | 0.42% | 0.73% | 0.42% |
| ICICI Bank Ltd | 0.42% | 0.64% | 0.42% |
| China Shenhua Energy Co Ltd | 0.41% | 0.46% | 0.41% |
| CTBC Financial Holding Co Ltd | 0.41% | 0.45% | 0.41% |
| China Merchants Bank Co Ltd | 0.40% | 0.91% | 0.40% |
| FirstRand Ltd | 0.43% | 0.38% | 0.38% |
| Standard Bank Group Ltd | 0.45% | 0.38% | 0.38% |
| China Resources Land Ltd | 0.39% | 0.36% | 0.36% |
| MTN Group Ltd | 0.62% | 0.36% | 0.36% |
| Fubon Financial Holding Co Ltd | 0.34% | 0.53% | 0.34% |
| Wistron Corp | 0.32% | 0.34% | 0.32% |
| Delta Electronics Inc | 0.77% | 0.32% | 0.32% |
| State Bank of India | 0.30% | 0.36% | 0.30% |
| Xiaomi Corp | 0.30% | 0.53% | 0.30% |
| Tata Steel Ltd | 0.40% | 0.29% | 0.29% |
| China Overseas Land & Investment Ltd | 0.42% | 0.28% | 0.28% |
| Unimicron Technology Corp | 0.59% | 0.28% | 0.28% |
| Tupras Turkiye Petrol Rafinerileri AS | 0.28% | 0.27% | 0.27% |
| Larsen & Toubro Ltd | 0.28% | 0.27% | 0.27% |
| Hindalco Industries Ltd | 0.41% | 0.27% | 0.27% |
| Axis Bank Ltd | 0.27% | 0.31% | 0.27% |
| Cathay Financial Holding Co Ltd | 0.26% | 0.42% | 0.26% |
| KOC Holding AS | 0.29% | 0.26% | 0.26% |
| BOC Hong Kong Holdings Ltd | 0.26% | 0.34% | 0.26% |
| Oil & Natural Gas Corp Ltd | 0.34% | 0.25% | 0.25% |
| China CITIC Bank Corp Ltd | 0.25% | 0.32% | 0.25% |
| Chunghwa Telecom Co Ltd | 0.25% | 0.31% | 0.25% |
| Impala Platinum Holdings Ltd | 0.46% | 0.25% | 0.25% |
| Wal-Mart de Mexico SAB de CV | 0.27% | 0.25% | 0.25% |
| Ambev SA | 0.25% | 0.24% | 0.24% |
| Bharti Airtel Ltd | 0.25% | 0.24% | 0.24% |
| Meituan | 0.24% | 0.54% | 0.24% |
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.