FSPSX vs SCHF: 70% overlap
Fidelity International Index and Schwab International Equity ETF share 69.6% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.
Different holding dates. These holdings were published about 3 months apart — FSPSX as of 2026-02-28, the rest through 2026-05-31. Each fund is compared using its most recent file, so any trading in between shows up as a difference.
You would hold two tickers and get the diversification of 1.3. Two funds that shared nothing would score 2.0; two identical funds score 1.0.
Top shared holdings
FSPSX and SCHF hold 668 of the same securities. The ten contributing most to the overlap figure:
| Holding | in FSPSX | in SCHF | Δ |
|---|---|---|---|
| NL0010273215 | 2.5% | 2.1% | 0.4% |
| GB0005405286 | 1.4% | 1.1% | 0.3% |
| CH0012005267 | 1.4% | 1.0% | 0.4% |
| GB0009895292 | 1.4% | 0.9% | 0.5% |
| CH0038863350 | 1.2% | 0.9% | 0.4% |
| GB00BP6MXD84 | 1.1% | 0.8% | 0.3% |
| DE0007236101 | 1.0% | 0.8% | 0.2% |
| AU000000BHP4 | 0.9% | 0.7% | 0.2% |
| JP3902900004 | 0.9% | 0.7% | 0.2% |
| JP3633400001 | 1.0% | 0.7% | 0.3% |
Where FSPSX and SCHF differ
Sector weights as a share of each fund, ordered by the size of the gap rather than the size of the sector — two funds that overlap heavily still usually diverge somewhere.
| Sector | FSPSX | SCHF | Δ |
|---|---|---|---|
| Unclassified | 98.0% | 95.9% | +2.2pp |
| Financials | 0.1% | 1.9% | −1.8pp |
| Cash and/or Derivatives | 1.8% | 0.5% | +1.3pp |
| Consumer Staples | 0.1% | 0.5% | −0.4pp |
| Energy | 0.0% | 0.2% | −0.2pp |
| Consumer Discretionary | 0.0% | 0.2% | −0.2pp |
| Supranational | 0.0% | 0.1% | −0.1pp |
| Utilities | 0.0% | 0.1% | −0.1pp |
Δ is FSPSX minus SCHF, in percentage points. Sector data is not published by every issuer, so “Unclassified” is a real category rather than a gap in the table.
What each fund holds alone
4.0% of FSPSX by weight, held in no part of SCHF.
29.3% of SCHF by weight, held in no part of FSPSX.
A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.
Concentration and cost
| FSPSX | SCHF | |
|---|---|---|
| Top 10 holdings | 14.3% | 14.8% |
| Positions held | 701 | 1,477 |
| Cost per $10,000 held, per year | $4 | $6 |
Cost is the expense ratio applied to $10,000; it excludes any brokerage commission, bid-ask spread or tax consequence. Figures are facts about the funds, not a suggestion about which to hold.
Frequently asked
How much do FSPSX and SCHF overlap?
FSPSX and SCHF overlap 69.6% by portfolio weight — substantial duplication if you hold both. They share 668 holdings. The figure comes from current issuer holdings files (FSPSX as of 2026-02-28, SCHF as of 2026-05-31).
How is the overlap between FSPSX and SCHF calculated?
As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If FSPSX holds a stock at 6% and SCHF holds the same stock at 4%, 4% counts as shared. The result is bounded between 0% and 100%, and it is computed after looking through any fund-of-funds to the underlying holdings.
Is it redundant to hold both FSPSX and SCHF?
That depends on your goals — we state facts, not advice. At 69.6% overlap, each fund still contributes meaningfully distinct exposure.
What does FSPSX own that SCHF doesn't?
FSPSX holds 701 positions and SCHF holds 1,477; 33 of FSPSX's positions don't appear in SCHF at all, and they are 4.0% of FSPSX by weight.
You probably hold more than two funds
This page compares FSPSX and SCHF. Paste your whole portfolio — brokerage, 401(k), IRA — and see the overlap across every fund at once, plus what you actually own underneath them and your own Effective Funds number. Free, no account, nothing stored.
X-ray my portfolio — free →Watch FSPSX vs SCHF
We re-read both funds’ published holdings every weeknight. Leave an address and we'll tell you when what's inside actually changes.
Not sending yet — email alerts are built but switched off, and you'll be among the first when they turn on. No spam, one-click unsubscribe.
Related comparisons
Sources: issuer holdings files, FSPSX as of 2026-02-28, SCHF as of 2026-05-31. Weights are fractions of each fund. Diagnostics, not advice.