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
194 holdings in all 3 funds| Fund | FNDE | PXH | SCHE | Positions | Holdings |
|---|---|---|---|---|---|
| FNDESchwab Fundamental Emerging Markets Equity ETF | — | 57% 202 shared | 47% 334 shared |
354 | as of May 31, 2026SEC filing |
| PXHInvesco RAFI Emerging Markets ETF | 57% 202 shared | — | 40% 243 shared |
346 | as of Oct 20, 2026issuer data |
| SCHESchwab Emerging Markets Equity ETF | 47% 334 shared | 40% 243 shared | — | 2,178 | as of May 31, 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 all 3 funds
34.3% common weight| Holding | FNDE | PXH | SCHE | Smallest |
|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 6.48% | 5.64% | 17.05% | 5.64% |
| MediaTek Inc | 1.79% | 1.73% | 1.88% | 1.73% |
| Tencent Holdings Ltd | 1.51% | 2.18% | 3.15% | 1.51% |
| Hon Hai Precision Industry Co Ltd | 3.31% | 2.48% | 1.04% | 1.04% |
| China Construction Bank Corp | 2.38% | 2.66% | 0.88% | 0.88% |
| Reliance Industries Ltd | 0.80% | 0.93% | 0.88% | 0.80% |
| Industrial & Commercial Bank of China Ltd | 1.28% | 2.04% | 0.63% | 0.63% |
| ASE Technology Holding Co Ltd | 1.20% | 0.73% | 0.59% | 0.59% |
| Vale SA | 3.03% | 1.89% | 0.55% | 0.55% |
| United Microelectronics Corp | 1.15% | 0.82% | 0.50% | 0.50% |
| Ping An Insurance Group Co of China Ltd | 1.11% | 1.24% | 0.46% | 0.46% |
| HDFC Bank Ltd | 0.44% | 0.70% | 0.83% | 0.44% |
| Bank of China Ltd | 1.19% | 1.63% | 0.42% | 0.42% |
| ICICI Bank Ltd | 0.42% | 0.64% | 0.65% | 0.42% |
| Saudi Arabian Oil Co | 0.74% | 0.58% | 0.41% | 0.41% |
| Infosys Ltd | 0.45% | 0.57% | 0.39% | 0.39% |
| Baidu Inc | 0.60% | 0.49% | 0.33% | 0.33% |
| Grupo Mexico SAB de CV | 0.66% | 0.51% | 0.33% | 0.33% |
| CTBC Financial Holding Co Ltd | 0.41% | 0.45% | 0.32% | 0.32% |
| Delta Electronics Inc | 0.77% | 0.32% | 1.40% | 0.32% |
| Xiaomi Corp | 0.30% | 0.53% | 0.57% | 0.30% |
| Grupo Financiero Banorte SAB de CV | 0.46% | 0.53% | 0.28% | 0.28% |
| FirstRand Ltd | 0.43% | 0.38% | 0.28% | 0.28% |
| Unimicron Technology Corp | 0.59% | 0.28% | 0.42% | 0.28% |
| Larsen & Toubro Ltd | 0.28% | 0.27% | 0.27% | 0.27% |
| Fubon Financial Holding Co Ltd | 0.34% | 0.53% | 0.27% | 0.27% |
| PetroChina Co Ltd | 1.25% | 1.09% | 0.27% | 0.27% |
| Axis Bank Ltd | 0.27% | 0.31% | 0.29% | 0.27% |
| Meituan | 0.24% | 0.54% | 0.46% | 0.24% |
| Bharti Airtel Ltd | 0.25% | 0.24% | 0.54% | 0.24% |
| Cathay Financial Holding Co Ltd | 0.26% | 0.42% | 0.24% | 0.24% |
| Standard Bank Group Ltd | 0.45% | 0.38% | 0.23% | 0.23% |
| Tata Consultancy Services Ltd | 0.22% | 0.29% | 0.23% | 0.22% |
| BYD Co Ltd | 0.22% | 0.35% | 0.40% | 0.22% |
| China Merchants Bank Co Ltd | 0.40% | 0.91% | 0.21% | 0.21% |
| Agricultural Bank of China Ltd | 0.42% | 0.73% | 0.21% | 0.21% |
| Saudi Telecom Co | 0.32% | 0.22% | 0.21% | 0.21% |
| Valterra Platinum Ltd | 0.57% | 0.49% | 0.21% | 0.21% |
| MTN Group Ltd | 0.62% | 0.36% | 0.20% | 0.20% |
| Saudi National Bank/The | 0.20% | 0.27% | 0.29% | 0.20% |
| Yageo Corp | 0.44% | 0.19% | 0.34% | 0.19% |
| Malayan Banking Bhd | 0.21% | 0.21% | 0.19% | 0.19% |
| Zijin Mining Group Co Ltd | 0.19% | 0.22% | 0.23% | 0.19% |
| America Movil SAB de CV | 0.68% | 0.43% | 0.19% | 0.19% |
| NTPC Ltd | 0.28% | 0.23% | 0.18% | 0.18% |
| China Shenhua Energy Co Ltd | 0.41% | 0.46% | 0.18% | 0.18% |
| GFI | 0.25% | 0.18% | 0.33% | 0.18% |
| State Bank of India | 0.30% | 0.36% | 0.18% | 0.18% |
| Tata Steel Ltd | 0.40% | 0.29% | 0.17% | 0.17% |
| Al Rajhi Bank | 0.16% | 0.20% | 0.49% | 0.16% |
| Hindalco Industries Ltd | 0.41% | 0.27% | 0.16% | 0.16% |
| Public Bank Bhd | 0.16% | 0.18% | 0.16% | 0.16% |
| Mahindra & Mahindra Ltd | 0.16% | 0.17% | 0.28% | 0.16% |
| Chunghwa Telecom Co Ltd | 0.25% | 0.31% | 0.15% | 0.15% |
| B3 SA - Brasil Bolsa Balcao | 0.15% | 0.23% | 0.16% | 0.15% |
| China Life Insurance Co Ltd | 0.15% | 0.15% | 0.26% | 0.15% |
| Wal-Mart de Mexico SAB de CV | 0.27% | 0.25% | 0.14% | 0.14% |
| Nan Ya Plastics Corp | 0.49% | 0.91% | 0.14% | 0.14% |
| YUMC | 0.23% | 0.23% | 0.14% | 0.14% |
| CIMB Group Holdings Bhd | 0.14% | 0.17% | 0.14% | 0.14% |
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.