ETF & mutual fund overlap · Page updated November 8, 2026

SCHB vs VWO: Holdings Overlap

Schwab U.S. Broad Market ETF (SCHB) and Vanguard FTSE Emerging Markets ETF (VWO) have little to no holdings in common — their portfolios barely overlap.

Holdings as of: SCHB October 8, 2026 · VWO September 30, 2026.

Fund pages: SCHB (Schwab U.S. Broad Market ETF) · VWO (Vanguard FTSE Emerging Markets ETF)

Weight overlap

0%

Shared portfolio weight

Shared holdings

0

Securities in both funds

Funds

SCHB · VWO

Compared side by side

Compare SCHB and VWO live →

Interactive charts, sector exposure, combined allocation, and the full overlap heatmap.

Sector exposure: SCHB vs VWO

How each fund's equity holdings break down by sector, side by side — the clearest read on where the two funds tilt differently.

SectorIn SCHBIn VWO
Technology
38.7%33.4%
Financial Services
11.3%19.7%
Consumer Cyclical
8.8%9.3%
Industrials
8.8%7.3%
Communication Services
9.2%6.6%
Healthcare
9.4%3.9%
Basic Materials
1.8%7.6%
Consumer Defensive
4.3%3.4%
Energy
3.7%4.0%
Utilities
1.9%2.7%
Real Estate
2.0%2.1%

Weights are of each fund’s classified equity holdings.

All holdings in SCHB and VWO

SCHB

VWO


What does ETF overlap mean?

Two ETFs overlap when they hold the same underlying securities. Holding both funds can leave you more concentrated than you think — you may own the same large companies twice, at a combined weight neither fund shows on its own. The weight overlap above is the share of portfolio weight the two funds hold in common: for every security both own, it counts only the smaller of the two weights (the slice you genuinely double up on). 0% means completely different books; 100% means effectively identical funds.

Related comparisons

Computed on November 8, 2026 from the latest holdings each fund has published (dated at the top of the page). Holdings change over time. For information only — not investment advice.