FNDB vs SMRI: holdings overlap, shared companies and scores
As of October 9, 2026, FNDB and SMRI overlap 10.2% by weight. Schwab Fundamental U.S. Broad Market Index ETF (FNDB): U.S. companies by fundamentals. Bushido Capital US Equity ETF (SMRI): U.S. large cap value stocks.
Updated October 9, 2026
Where FNDB and SMRI 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 115 monthly readings since 2017.
SMRI trades at 17.5 times earnings, against its own median of 15.5, and is more expensive than 79% of its own 38 monthly readings since 2023.
What moved FNDB and SMRI 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.
SMRI rose 2.3% in the week to October 9, 2026. The holdings that moved it most were Vistra Energy (+15.3%), NRG Energy (+13.4%) and Autodesk (+11.0%); T-Mobile US (−9.2%) pushed the other way.
What do FNDB and SMRI each hold?
What's inside FNDB: Tech 22%, Magnificent 7 15%.
21% of FNDB is its ten largest holdings.
What's inside SMRI: Tech 30%, Memory 5%.
22% of SMRI is its ten largest holdings.
How much do FNDB and SMRI overlap? 10.2% by weight
As of October 9, 2026, FNDB and SMRI overlap 10.2% by weight.
10% of FNDB is already inside SMRI.
100% of SMRI is already inside FNDB.
FNDB holds 1,618 companies and SMRI holds 52; 50 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 SMRI? 5.6 and 6.2 out of 10
As of October 9, 2026, ETF Copilot scores FNDB 5.6 out of 10 and SMRI 6.2 out of 10.
They differ most on Growth: FNDB 2.9 and SMRI 5.1.
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 | SMRI |
|---|---|---|
| Growth | 2.9 | 5.1 |
| Value | 3.9 | 2.9 |
| Risk | 8.6 | 7.7 |
| Quality | 4.9 | 6.1 |
| 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, SMRI charges 0.71% a year, yields 1.48% and holds $687M in assets across 52 positions.
| Measure | FNDB | SMRI |
|---|---|---|
| Expense ratio | 0.25% | 0.71% |
| Dividend yield | 1.46% | 1.48% |
| Assets under management | $1.5B | $687M |
| Holdings | 1618 | 52 |
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 SMRI holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/fndb-vs-smri
ETF Copilot Pro unlocks FNDB vs SMRI prices and holdings.
Try Pro free →