etf overlap · little overlap

iShares Core S&P 500 ETF logoSchwab U.S. Dividend Equity ETF logoIVV vs SCHD overlap

7.7% of IVV and SCHD is the same money, spread over 45 companies both funds hold.

Holdings as of September 24, 2026 · source: iShares (IVV), Schwab (SCHD)

overlapfull holdings, by weight
7.7%of each fund is money the other holds at the same weight, across 45 shared companies.
IVV
92%
SCHD
87%
  • same money
  • same companies, extra weight
  • only in this fund
Overlap = the sum, over companies both funds hold, of the smaller of the two weights. Cash and derivatives excluded.
01Shared

The companies you would own twice

held by bothtop 15 of 45
companyIVVSCHD
CHEVRON logoCVXCHEVRON0.61%4.04%
MERCK & CO INC logoMRKMERCK & CO INC0.55%4.06%
COCA-COLA logoKOCOCA-COLA0.51%4.16%
PROCTER & GAMBLE logoPGPROCTER & GAMBLE0.51%4.11%
UNITEDHEALTH GROUP logoUNHUNITEDHEALTH GROUP0.51%3.91%
HOME DEPOT logoHDHOME DEPOT0.44%3.82%
TEXAS INSTRUMENT INC logoTXNTEXAS INSTRUMENT INC0.37%4.42%
AMGEN INC logoAMGNAMGEN INC0.33%3.82%
QUALCOMM logoQCOMQUALCOMM0.31%4.76%
VERIZON COMMUNICATIONS INC logoVZVERIZON COMMUNICATIONS INC0.30%3.92%
PEPSICO logoPEPPEPSICO0.26%3.80%
ABBOTT LABORATORIES logoABTABBOTT LABORATORIES0.26%3.81%
CONOCOPHILLIPS logoCOPCONOCOPHILLIPS0.23%3.92%
BRISTOL MYERS SQUIBB logoBMYBRISTOL MYERS SQUIBB0.19%3.17%
MOMOALTRIA GROUP INC0.17%2.90%
02Different

What only one of them gives you

only in IVV458 names
NVIDIA logoNVDANVIDIA8.18%
APPLE logoAAPLAPPLE7.37%
MICROSOFT logoMSFTMICROSOFT5.56%
AMAZON.COM INC logoAMZNAMAZON.COM INC3.68%
ALPHABET CLASS A logoGOOGLALPHABET CLASS A3.02%
META PLATFORMS CLASS A logoMETAMETA PLATFORMS CLASS A2.58%
BROADCOM INC logoAVGOBROADCOM INC2.51%
ALPHABET CLASS C logoGOOGALPHABET CLASS C2.42%
only in SCHD55 names
GVGVMXXSSC GOVERNMENT MM GVMXX0.83%
EWEWBCEAST WEST BANCORP0.43%
DIDINOHF SINCLAIR0.41%
WSWSOWATSCO0.29%
FNFNFFIDELITY NATIONAL FINANCIAL INC0.26%
AFAFGAMERICAN FINANCIAL GROUP0.24%
BABAHBOOZ ALLEN HAMILTON HOLDING CLASS0.22%
COCOLBCOLUMBIA BANKING SYSTEM INC0.21%
03Sectors

Where each fund puts its money

sectorsIVV vs SCHD, share of each fund
Information Technology39.15%11.92%
Health Care9.27%18.77%
Consumer Staples4.39%19.80%
Financials11.56%7.74%
Industrials8.07%10.73%
Energy3.42%15.11%
Communication Services10.06%5.90%
Consumer Discretionary8.65%6.18%
Utilities1.86%0.00%
Materials1.72%0.00%
Real Estate1.72%0.00%
Not classified0.00%3.87%
04Questions

IVV and SCHD: what people ask

questions4 answered

How much do IVV and SCHD overlap?

7.7% by weight, as of September 24, 2026: little overlap. 45 companies appear in both funds; they make up 7.7% of IVV and 94% of SCHD.

Which stocks do IVV and SCHD both hold?

The largest shared positions are CVX, MRK, KO, PG and UNH. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both IVV and SCHD?

Out of every $100 split evenly between them, about $8 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 458 names only in IVV, 55 only in SCHD. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.

How is ETF overlap calculated here?

For every company held by both funds we take the smaller of its two weights and add them up. The weights come from the full holdings files iShares and Schwab publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart.

Hold IVV and SCHD?Import your positions and see what your funds hold together, company by company, with the fees you pay on each.Import my portfolio

Weights come from each issuer's published holdings file and are matched company by company on their ISIN. Cash, futures and currency positions are left out. This page describes what the funds hold; it is not investment advice.