Two of the most fundamental distinctions in metaphysics are (1) that between reality (or things in themselves) and appearance, the R/A distinction, and (2) that between entities that are fundamental (or real, etcetera) and entities that are ontologically or existentially dependent, the F/D distinction. While these appear to be two very different distinctions, in Buddhist metaphysics they are combined, raising questions about how they are related. In this paper I argue that plausible versions of the R/A distinction are essentially a special kind of F/D distinction, and conversely, that many F/D distinctions imply an R/A distinction. Nevertheless, while this does suggest that the F/D distinction is more basic than the R/A distinction, it does...