Data as of Oct 28, 2026.

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EWJ vs FNDX: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EWJ returned +18.1% to FNDX's +23.9%; 0% of their weight is in the same names.

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Net assets: $23.9bn on Oct 28, 2026 for iShares MSCI Japan ETF, and $27.6bn on Aug 31, 2026 for Schwab Fundamental U.S. Large Company ETF.

At a glance
+18.1%
EWJ total return, 1 year
+23.9%
FNDX total return, 1 year
0.49%
EWJ expense ratio
0.25%
FNDX expense ratio

Pair scorecard

FNDX costs 0.24 points a year less; their one-year returns differ by 5.8 points.

EWJ vs FNDX: Differences, Returns & Fees
MeasureEWJFNDX
Return
Total return, 1 year+18.1%+23.9%
Drawdown
Below its high4.4%, high on Oct 6, 2026
Benchmark
What it tracksMSCI Japan IndexFundamental U.S. Large Company
Cost and size
Expense ratio0.49%0.25%
Net assets, EWJ as of Oct 28, 2026 and FNDX as of Aug 31, 2026$23.9bn$27.6bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund29.5%21.0%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, EWJ and FNDX hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EWJ FNDX
Only in one fund ↓
Only in EWJ
MITSUBISHI UFJ FINANCIAL GROUP 4.40%
TOYOTA MOTOR 3.59%
ADVANTEST 3.03%
HITACHI 3.03%
RECRUIT HOLDINGS LTD 3.03%
SONY GROUP 2.89%
SUMITOMO MITSUI FINANCIAL GROUP 2.83%
TOKYO ELECTRON 2.55%
Only in FNDX
Apple Inc 4.46%
Microsoft Corp 2.82%
ExxonMobil Holdings Corp 2.42%
Amazon.com Inc 1.80%
Alphabet Inc 1.78%
JPMorgan Chase & Co 1.63%
Chevron Corp 1.61%
Berkshire Hathaway Inc 1.60%
Check overlap with more funds →

Side by side

EWJ iShares MSCI Japan ETF FNDX Schwab Fundamental U.S. Large Company ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Japan Tracks an index of Fundamental U.S. Large Company
Total return, 1 year +18.1% +23.9%
Its benchmark over the same days +14.3% (ACWX) +13.1% (IWB)
Gap to its benchmark +3.8 pts vs ACWX +10.8 pts vs IWB
Expense ratio 0.49% 0.25%
Already in the S&P 500 0.0% 88.4%
Holdings 169 731
Net assets, EWJ as of Oct 28, 2026 and FNDX as of Aug 31, 2026 $23.9bn $27.6bn

EWJ and FNDX on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
EWJ

EWJ tracks the MSCI Japan. Over the year to Oct 28, 2026 it returned +18.1% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.49% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 169 positions, with the top ten at 29.5%. It sat 4.4% below its high of Oct 6, 2026 on Oct 28, 2026.

FNDX

Over the year to Oct 28, 2026 it returned +23.9% with distributions reinvested, against +13.1% for its benchmark, the Russell 1000 Index.

FNDX tracks an index of Fundamental U.S. Large Company. The prospectus expense ratio is 0.25% a year. By its holdings filed for Aug 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 731 positions, with the top ten at 21.0%.

Questions people ask

Which returned more over the last year, EWJ or FNDX?
In the year to Oct 28, 2026, with distributions reinvested, EWJ returned +18.1% and FNDX +23.9%.
Which is cheaper, EWJ or FNDX?
FNDX is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. 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 88% of FNDX by weight is stocks the S&P 500 already holds.
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ETFIQ, EWJ against FNDX, data as of Oct 28, 2026. https://etfiq.com/compare/any/ewj-vs-fndx

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