etf overlap · little overlap

SCHD vs VEA overlap
SCHD and VEA hold no company in common. Still, 55% of their money sits in the same sectors, led by Information Technology.
Holdings as of August 31, 2026 · source: Schwab (SCHD), Vanguard (VEA) · How we measured all 435 pairs
- same money
- same companies, extra weight
- only in this fund
What only one of them gives you
No stock in common, 55% in the same sectors
SCHD and VEA: what people ask
How much do SCHD and VEA overlap?
None by holdings, as of August 31, 2026: no company appears in both funds. By sector, 55% of their money sits in the same sectors, led by Information Technology.
Which stocks do SCHD and VEA both hold?
None. SCHD and VEA have no holding in common.
Is it redundant to hold both SCHD and VEA?
No. Out of every $100 split evenly between them, none buys the same company. Half in each gives you 3,991 different holdings that behave like 121 equally weighted stocks, against 34 for SCHD alone and 266 for VEA alone. Whether that mix suits you depends on what you want to own; 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 Vanguard 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.
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.