Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EWJ vs FNDX: how they differ
EWJ and FNDX hold 0% of their weight in the same names.
iShares MSCI Japan ETF and Schwab Fundamental U.S. Large Company ETF.
What they hold in common
By the books each fund has filed, EWJ and FNDX hold 0% of their money in the same securities at the same weight.
| Only in EWJ | Only in FNDX |
|---|---|
| Mitsubishi UFJ Financial Group, Inc. 4.08% | Apple Inc 4.64% |
| TOYOTA MOTOR CORPORATION 3.45% | Intel Corp 2.57% |
| SoftBank Group Corp. 3.37% | Alphabet Inc 2.38% |
| Tokyo Electron Limited 2.90% | Microsoft Corp 2.33% |
| Hitachi, Ltd. 2.86% | Exxon Mobil Corp 2.29% |
| Sumitomo Mitsui Financial Group, Inc. 2.58% | Alphabet Inc 1.90% |
| Sony Group Corporation 2.56% | Amazon.com Inc 1.86% |
| ADVANTEST CORPORATION 2.41% | Micron Technology Inc 1.60% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026.
| EWJ iShares MSCI Japan ETF | FNDX Schwab Fundamental U.S. Large Company ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Schwab |
| What it is | MSCI Japan | Fundamental U.S. Large Company |
| Total return, 1 year | +26.5% | +26.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +9.0 pts | +8.6 pts |
| Expense ratio | 0.49% | 0.25% |
| Already in the S&P 500 | 0.0% | 91.2% |
| Holdings | 179 | 733 |
EWJ in plain words
EWJ is an index equity fund tracking the MSCI Japan. Over the year to Sep 11, 2026 it returned +26.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.49% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 179 positions, with the top ten at 28.4%.
FNDX in plain words
FNDX is an index equity fund tracking the Fundamental U.S. Large Company. Over the year to Sep 11, 2026 it returned +26.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. By its holdings filed for May 31, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 733 positions, with the top ten at 22.5%.
Questions people ask
- Which returned more over the last year, EWJ or FNDX?
- In the year to Sep 12, 2026, with distributions reinvested, EWJ returned +26.5% and FNDX returned +26.1%, so EWJ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWJ or FNDX?
- EWJ charges 0.49% a year and FNDX charges 0.25%, so FNDX is cheaper. Fees come from each fund's prospectus.
- How much do EWJ and FNDX overlap with the S&P 500?
- By their latest filed holdings, 0% of EWJ and 91% of FNDX by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, EWJ against FNDX, data as of Sep 12, 2026. https://etfiq.com/compare/any/EWJ-FNDX Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources