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ETF comparison

FNDA vs IWO

Both US Small Cap.

Schwab Fundamental U.S. Small Company ETF · iShares Russell 2000 Growth ETF

Holdings overlap

Weighted by ISIN/CUSIP
21.0 %

275 positions appear in both funds. Buying equal dollars of FNDA and IWO would leave roughly 21.0% of each dollar exposed to the same underlying securities.

FNDA unmatched 78.9% Shared 21.0% IWO unmatched 78.6%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In FNDA only
638 positions
Shared
275 positions
In IWO only
858 positions

Side by side

FNDA

Schwab Fundamental U.S. Small Company ETF

Schwab · US Small Cap

87 composite / 100
Expense ratio
0.25%
Net assets
$8.91B
TTM yield
1.22%
Top-10 conc.
3.8%
IWO

iShares Russell 2000 Growth ETF

iShares · US Small Cap

88 composite / 100
Expense ratio
0.24%
Net assets
$13.99B
TTM yield
0.48%
Top-10 conc.
6.0%

Sub-score comparison

75
Cost
76
88
Tax efficiency
90
98
Liquidity
100
100
Concentration
100
—
Tracking quality
—
FNDA sub-score IWO

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

IWO is 1 bps cheaper than FNDA. On a $100,000 position that's about $10/yr more in fees for FNDA.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FNDA vs IWO.

Top shared holdings

275 shared in total
# Holding In FNDA In IWO Overlap
1 Compass Inc 0.43% 0.45% 0.43%
2 Victoria's Secret & Co 0.46% 0.35% 0.35%
3 EnerSys 0.27% 0.49% 0.27%
4 Moog Inc 0.25% 0.73% 0.25%
5 Abercrombie & Fitch Co 0.36% 0.24% 0.24%
6 Plexus Corp 0.23% 0.49% 0.23%
7 Warrior Met Coal Inc 0.27% 0.22% 0.22%
8 Enova International Inc 0.22% 0.35% 0.22%
9 Magnolia Oil & Gas Corp 0.21% 0.28% 0.21%
10 Diodes Inc 0.21% 0.25% 0.21%
11 Laureate Education Inc 0.21% 0.27% 0.21%
12 Concentra Group Holdings Parent Inc 0.21% 0.21% 0.21%

Only in FNDA

638 total
  • Lumentum Holdings Inc 0.55%
  • Twilio Inc 0.34%
  • Crescent Energy Co 0.33%
  • MKS Inc 0.32%
  • Royalty Pharma PLC 0.32%
  • Coherent Corp 0.32%
  • ATI Inc 0.31%
  • Terex Corp 0.31%
  • FactSet Research Systems Inc 0.31%
  • Southern Copper Corp 0.30%

Only in IWO

858 total
  • Argan, Inc. 0.66%
  • JFrog Ltd. 0.59%
  • Krystal Biotech, Inc. 0.58%
  • D-Wave Quantum, Inc. 0.53%
  • StoneX Group, Inc. 0.52%
  • Praxis Precision Medicines, Inc. 0.51%
  • Cipher Digital, Inc. 0.50%
  • Glaukos Corp. 0.48%
  • TG Therapeutics, Inc. 0.48%
  • Protagonist Therapeutics, Inc. 0.45%

Percentages are holdings overlap with the named fund.

Open FNDA or IWO at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.