FNDB vs RAFE: holdings overlap, shared companies and scores
As of October 9, 2026, FNDB and RAFE overlap 50.9% by weight. Schwab Fundamental U.S. Broad Market Index ETF (FNDB): U.S. companies by fundamentals. PIMCO RAFI ESG U.S. ETF (RAFE): US large-mid cap ESG stocks.
Updated October 9, 2026
Where FNDB and RAFE 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.
RAFE trades at 20.8 times earnings, against its own median of 18.8, and is more expensive than 82% of its own last 7 years.
What moved FNDB and RAFE 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.
RAFE rose 1.0% in the week to October 9, 2026. The holdings that moved it most were Moderna (+18.4%), Microsoft (+3.4%) and Abbvie (+5.2%); Verizon Communications (−9.3%) pushed the other way.
What do FNDB and RAFE each hold?
What's inside FNDB: Tech 22%, Magnificent 7 15%.
21% of FNDB is its ten largest holdings.
What's inside RAFE: Tech 29%, Magnificent 7 13%.
28% of RAFE is its ten largest holdings.
How much do FNDB and RAFE overlap? 50.9% by weight
As of October 9, 2026, FNDB and RAFE overlap 50.9% by weight.
52% of FNDB is already inside RAFE.
100% of RAFE is already inside FNDB.
FNDB holds 1,618 companies and RAFE holds 289; 287 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 RAFE? 5.6 and 5.6 out of 10
As of October 9, 2026, ETF Copilot scores FNDB 5.6 out of 10 and RAFE 5.6 out of 10.
They differ most on Quality: FNDB 4.9 and RAFE 6.3.
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 | RAFE |
|---|---|---|
| Growth | 2.9 | 3.8 |
| Value | 3.9 | 3.2 |
| Risk | 8.6 | 7.8 |
| Quality | 4.9 | 6.3 |
| Return | 7.8 | 7.0 |
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, RAFE charges 0.30% a year, yields 1.47% and holds $171M in assets across 289 positions.
| Measure | FNDB | RAFE |
|---|---|---|
| Expense ratio | 0.25% | 0.30% |
| Dividend yield | 1.46% | 1.47% |
| Assets under management | $1.5B | $171M |
| Holdings | 1618 | 289 |
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 RAFE holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/fndb-vs-rafe
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