Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FNDX vs IYW: how they differ
FNDX and IYW hold 25% of their weight in the same names, and IYW returned more over the year.
Schwab Fundamental U.S. Large Company ETF and iShares U.S. Technology ETF.
What they hold in common
By the books each fund has filed, FNDX and IYW hold 25% of their money in the same securities at the same weight.
| Holding | FNDX | IYW |
|---|---|---|
| Apple Inc | 4.64% | 13.65% |
| Intel Corp | 2.57% | 2.56% |
| Alphabet Inc | 2.38% | 7.84% |
| Microsoft Corp | 2.33% | 3.99% |
| Alphabet Inc | 1.90% | 6.34% |
| Micron Technology Inc | 1.60% | 2.98% |
| Meta Platforms Inc | 1.24% | 2.81% |
| Broadcom Inc | 0.65% | 3.78% |
| NVIDIA Corp | 0.55% | 16.25% |
| QUALCOMM Inc | 0.53% | 1.18% |
| Applied Materials Inc | 0.47% | 1.92% |
| Texas Instruments Inc | 0.43% | 1.57% |
| Only in FNDX | Only in IYW |
|---|---|
| Exxon Mobil Corp 2.29% | PALANTIR TECHNOLOGIES INC. 1.86% |
| Amazon.com Inc 1.86% | CROWDSTRIKE HOLDINGS, INC. 0.68% |
| Chevron Corp 1.49% | APPLOVIN CORPORATION 0.65% |
| Berkshire Hathaway Inc 1.41% | CLOUDFLARE, INC. 0.39% |
| JPMorgan Chase & Co 1.38% | DOORDASH, INC. 0.38% |
| UnitedHealth Group Inc 1.37% | Coherent Corp. 0.34% |
| Walmart Inc 1.01% | STRATEGY INC 0.32% |
| Verizon Communications Inc 0.99% | SNOWFLAKE INC. 0.28% |
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 Apr 30, 2026 and May 31, 2026.
| FNDX Schwab Fundamental U.S. Large Company ETF | IYW iShares U.S. Technology ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | iShares |
| What it is | Fundamental U.S. Large Company | U.S. Technology |
| Total return, 1 year | +26.1% | +34.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +8.6 pts | +17.4 pts |
| Expense ratio | 0.25% | 0.37% |
| Already in the S&P 500 | 91.2% | 95.5% |
| Holdings | 733 | 139 |
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%.
IYW in plain words
IYW is an index equity fund tracking the U.S. Technology. Over the year to Sep 11, 2026 it returned +34.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 139 positions, with the top ten at 63.7%.
Questions people ask
- Which returned more over the last year, FNDX or IYW?
- In the year to Sep 12, 2026, with distributions reinvested, FNDX returned +26.1% and IYW returned +34.9%, so IYW returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FNDX or IYW?
- FNDX charges 0.25% a year and IYW charges 0.37%, so FNDX is cheaper. Fees come from each fund's prospectus.
- How much do FNDX and IYW overlap with the S&P 500?
- By their latest filed holdings, 91% of FNDX and 96% of IYW by weight is stocks the S&P 500 already holds. Between the two funds, 25% 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, FNDX against IYW, data as of Sep 12, 2026. https://etfiq.com/compare/any/FNDX-IYW Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources