etf overlap tool · little overlap

SCHD vs IWM overlap

1.4% of SCHD and IWM is the same money, spread over 33 companies both funds hold.

Holdings as of October 13, 2026 · source: Schwab (SCHD), iShares (IWM) · How we measured all 1,431 pairs

overlapfull holdings, by weight

1.4%of each fund is money the other holds at the same weight, across 33 shared companies.

SCHD

99%

1.4% in IWM

IWM

98%

2.0% in SCHD

same money
same companies, extra weight
only in this fund

Hold SCHD and IWM with other funds or stocks? The free portfolio optimizer opens SCHD and IWM beside the rest of what you own: the companies you hold twice, what the funds cost a year, and where the next deposit should go. No account.

01Shared

The companies you would own twice

held by bothtop 15 of 33

companySCHDIWM

MUMURMURPHY OIL0.13%0.20%

MCMCMOELIS CLASS A0.11%0.14%

KFKFYKORN FERRY0.09%0.13%

CVCVBFCVB FINANCIAL CORP0.09%0.13%

BABANRBANNER CORP0.06%0.08%

APAPAMARTISAN PARTNERS ASSET MANAGEMENT0.06%0.07%

OFOFGOFG BANCORP0.05%0.07%

IPIPARINTERPARFUMS INC0.05%0.07%

CNCNSCOHEN & STEERS INC0.05%0.07%

MZMZTIMARZETTI0.05%0.07%

AGAGMFEDERAL AGRICULTURAL MORTGAGE NON0.05%0.07%

GAGABCGERMAN AMERICAN BANCORP INC0.05%0.07%

CHCHCOCITY HOLDING0.05%0.07%

NSNSPINSPERITY0.04%0.07%

STSTBAS AND T BANCORP INC0.04%0.06%

02Different

What only one of them gives you

only in SCHD67 names

TXNTEXAS INSTRUMENT INC4.71%

QCOMQUALCOMM4.34%

PGPROCTER & GAMBLE4.32%

CVXCHEVRON4.29%

COCOPCONOCOPHILLIPS4.27%

KOCOCA-COLA4.26%

UNHUNITEDHEALTH GROUP3.94%

MRKMERCK & CO INC3.90%

only in IWM1,938 names

MOMOG-AMOOG INC CLASS A0.36%

BTBTSGBRIGHTSPRING HEALTH SERVICES INC0.35%

UMUMBFUMB FINANCIAL0.34%

SMSMSM ENERGY0.33%

GKGKOSGLAUKOS0.33%

FRFROGJFROG0.32%

EAEATBRINKER INTERNATIONAL INC0.31%

FCFCFSFIRSTCASH HOLDINGS INC0.31%

03Sectors

Where each fund puts its money

sectorsSCHD vs IWM, share of each fund

Health Care18.52%19.84%

Financials8.88%19.72%

Information Technology12.35%12.83%

Industrials11.33%13.79%

Energy16.35%7.02%

Consumer Staples20.12%2.06%

Consumer Discretionary6.73%9.31%

Communication Services5.60%2.37%

Real Estate0.00%5.88%

Materials0.00%4.17%

Utilities0.09%2.87%

04Questions

SCHD and IWM: what people ask

questions4 answered

How much do SCHD and IWM overlap?

1.4% by weight, as of October 13, 2026: little overlap. 33 companies appear in both funds; they make up 1.4% of SCHD and 2.0% of IWM.

Which stocks do SCHD and IWM both hold?

The largest shared positions are MUR, MC, KFY, CVBF and BANR. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both SCHD and IWM?

Out of every $100 split evenly between them, about $1 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 67 names only in SCHD, 1,938 only in IWM. Half in each behaves like 129 equally weighted stocks, against 34 for SCHD alone and 834 for IWM alone. 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 Schwab and iShares publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart. Sector overlap applies the same rule to the issuers' sector labels; "behaves like N equally weighted stocks" is one over the sum of the squared weights.

Hold SCHD and IWM?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.