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

SCHD vs VEU: Holdings Overlap

Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard FTSE All-World ex-US ETF (VEU) have little to no holdings in common — their portfolios barely overlap.

Holdings as of: SCHD October 8, 2026 · VEU September 30, 2026.

Fund pages: SCHD (Schwab U.S. Dividend Equity ETF) · VEU (Vanguard FTSE All-World ex-US ETF)

Weight overlap

0%

Shared portfolio weight

Shared holdings

0

Securities in both funds

Funds

SCHD · VEU

Compared side by side

Compare SCHD and VEU live →

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

Sector exposure: SCHD vs VEU

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 VEU
Technology
16.4%21.1%
Financial Services
9.0%24.4%
Healthcare
18.5%6.7%
Consumer Defensive
20.1%4.8%
Industrials
7.2%14.6%
Energy
15.9%4.8%
Consumer Cyclical
6.8%7.8%
Communication Services
5.9%4.1%
Basic Materials
0.0%7.0%
Utilities
0.1%3.0%
Real Estate
0.0%1.7%

Weights are of each fund’s classified equity holdings.

All holdings in SCHD and VEU

SCHD

VEU


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.