FNDB vs QLC: holdings overlap, shared companies and scores
As of October 9, 2026, FNDB and QLC overlap 42.2% by weight. Schwab Fundamental U.S. Broad Market Index ETF (FNDB): U.S. companies by fundamentals. Northern Trust US Quality Large Cap ETF (QLC): U.S. quality large-cap stocks.
Updated October 9, 2026
Where FNDB and QLC trade against their own history
FNDB trades at 19.1 times earnings, against its own median of 17.5, and is more expensive than 66% of its own last 9 years.
QLC trades at 20.0 times earnings, against its own median of 18.6, and is more expensive than 60% of its own last 9 years.
What moved FNDB and QLC this week
FNDB rose 1.3% in the week to October 9, 2026. The holdings that moved it most were Microsoft (+3.4%), Moderna (+18.4%) and Amazon.com (+4.3%); Intel (−12.3%) pushed the other way.
QLC rose 0.9% in the week to October 9, 2026. The holdings that moved it most were Microsoft (+3.4%), Amazon.com (+4.3%) and Alphabet (+2.4%); Nvidia (−2.0%) pushed the other way.
What do FNDB and QLC each hold?
What's inside FNDB: Tech 22%, Magnificent 7 15%.
21% of FNDB is its ten largest holdings.
What's inside QLC: Tech 45%, Magnificent 7 30%.
37% of QLC is its ten largest holdings.
How much do FNDB and QLC overlap? 42.2% by weight
As of October 9, 2026, FNDB and QLC overlap 42.2% by weight.
47% of FNDB is already inside QLC.
100% of QLC is already inside FNDB.
FNDB holds 1,618 companies and QLC holds 156; 155 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FNDB and QLC? 5.6 and 7.0 out of 10
As of October 9, 2026, ETF Copilot scores FNDB 5.6 out of 10 and QLC 7.0 out of 10.
They differ most on Quality: FNDB 4.9 and QLC 8.6.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FNDB | QLC |
|---|---|---|
| Growth | 2.9 | 6.2 |
| Value | 3.9 | 4.5 |
| Risk | 8.6 | 6.9 |
| Quality | 4.9 | 8.6 |
| Return | 7.8 | 8.5 |
FNDB is the cheaper of the two at 0.25% a year
As of October 9, 2026, FNDB charges 0.25% a year, yields 1.46% and holds $1.5B in assets across 1618 positions.
As of October 9, 2026, QLC charges 0.26% a year, yields 0.93% and holds $1.1B in assets across 156 positions.
| Measure | FNDB | QLC |
|---|---|---|
| Expense ratio | 0.25% | 0.26% |
| Dividend yield | 1.46% | 0.93% |
| Assets under management | $1.5B | $1.1B |
| Holdings | 1618 | 156 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “FNDB vs QLC holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/fndb-vs-qlc
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