ETF overlap · Updated September 27, 2026

SCHD vs SCHX: Holdings Overlap

Schwab U.S. Dividend Equity ETF (SCHD) and Schwab U.S. Large-Cap ETF (SCHX) share 55 holdings, with roughly 7.6% of their portfolio weight overlapping.

Weight overlap

7.6%

Shared portfolio weight

Shared holdings

55

Securities in both funds

Funds

SCHD · SCHX

Compared side by side

Compare SCHD and SCHX live →

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

All 55 holdings SCHD and SCHX share

Every holding both funds own, ranked by shared exposure (how much of the position they hold in common). The weight gap shows which fund tilts more heavily into it.

HoldingIn SCHDIn SCHXWeight gap
CVXChevron4.17%0.58%3.59%SCHD
MRKMerck &4.88%0.51%4.37%SCHD
KOCoca-Cola4.23%0.50%3.73%SCHD
UNHUNITEDHEALTH GROUP4.01%0.50%3.51%SCHD
PGPROCTER + GAMBLE3.91%0.49%3.42%SCHD
HDHome Depot3.78%0.45%3.33%SCHD
TXNTEXAS INSTRUMENTS3.16%0.35%2.81%SCHD
VZVerizon Communications4.07%0.31%3.76%SCHD
AMGNAmgen4.38%0.29%4.09%SCHD
QCOMQUALCOMM2.62%0.28%2.34%SCHD
PEPPEPSICO3.66%0.27%3.39%SCHD
ABTABBOTT LABORATORIES4.56%0.26%4.30%SCHD
COPCONOCOPHILLIPS4.08%0.24%3.84%SCHD
BMYBRISTOL MYERS SQUIBB3.28%0.19%3.09%SCHD
MOALTRIA GROUP2.83%0.17%2.66%SCHD
ACNACCENTURE CL A2.73%0.16%2.57%SCHD
ADPAUTOMATIC DATA PROCESSING2.66%0.16%2.50%SCHD
LMTLOCKHEED MARTIN2.70%0.15%2.55%SCHD
BXBLACKSTONE2.47%0.14%2.33%SCHD
CMCSACOMCAST CLASS A2.33%0.13%2.20%SCHD
SLBSLB LTD2.12%0.12%2.00%SCHD
EOGEOG RESOURCES1.92%0.11%1.81%SCHD
UPSUNITED PARCEL SERVICE CL B1.86%0.11%1.75%SCHD
TGTTARGET1.83%0.10%1.73%SCHD
DVNDEVON ENERGY1.39%0.08%1.31%SCHD
FFORD MOTOR1.36%0.08%1.28%SCHD
FASTFASTENAL1.41%0.08%1.33%SCHD
FITBFIFTH THIRD BANCORP1.23%0.07%1.16%SCHD
ADMArcher-Daniels-Midland1.01%0.06%0.95%SCHD
GVMXXSSC GOVERNMENT MM GVMXX0.06%0.08%0.02%SCHX
KMBKIMBERLY CLARK0.85%0.05%0.80%SCHD
PAYXPAYCHEX0.94%0.05%0.89%SCHD
ARESARES MANAGEMENT A0.73%0.04%0.69%SCHD
CINFCINCINNATI FINANCIAL0.65%0.04%0.61%SCHD
HSYHERSHEY0.64%0.04%0.60%SCHD
RFREGIONS FINANCIAL0.64%0.04%0.60%SCHD
BBYBEST BUY0.43%0.03%0.40%SCHD
BRBROADRIDGE FINANCIAL SOLUTIO0.48%0.03%0.45%SCHD
DRIDARDEN RESTAURANTS0.61%0.03%0.58%SCHD
EWBCEast West Bancorp0.44%0.03%0.41%SCHD
GISGENERAL MILLS0.50%0.03%0.47%SCHD
PFGPRINCIPAL FINANCIAL GROUP0.56%0.03%0.53%SCHD
SNASNAP ON0.49%0.03%0.46%SCHD
TROWT ROWE PRICE GROUP0.58%0.03%0.55%SCHD
APA0.38%0.02%0.36%SCHD
DINOHF Sinclair0.41%0.02%0.39%SCHD
FNFFidelity National Financial0.28%0.02%0.26%SCHD
WSOWatsco0.27%0.02%0.25%SCHD
AFGAmerican Financial Group /OH0.24%0.01%0.23%SCHD
BAHBooz Allen Hamilton Holding Class A0.22%0.01%0.21%SCHD
ERIEERIE INDEMNITY CL A0.15%0.01%0.14%SCHD
ORIOld Republic International0.23%0.01%0.22%SCHD
PAGPenske Automotive Group0.10%0.01%0.09%SCHD
ALVAUTOLIV0.21%0.01%0.20%SCHD
CNACNA FINANCIAL0.03%0.00%0.03%SCHD

1–20 of 55

Sector exposure: SCHD vs SCHX

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

SectorIn SCHDIn SCHX
Technology
12.6%38.1%
Healthcare
21.1%9.2%
Consumer Defensive
19.6%4.4%
Financial Services
9.7%12.0%
Energy
16.1%3.6%
Communication Services
6.5%9.4%
Consumer Cyclical
6.8%9.1%
Industrials
7.4%8.5%
Utilities
0.1%2.0%
Real Estate
0.0%1.9%
Basic Materials
0.0%1.7%

Weights are of each fund’s classified equity holdings.

All holdings in SCHD and SCHX

SCHD

SCHX


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

Data reflects the latest holdings we have for each fund as of September 27, 2026. Holdings change over time. For information only — not investment advice.