DON vs SCHM: Holdings Overlap
DONWisdomTree U.S. Midcap Dividend Fund
WisdomTree · 295 holdings · $4.1B · as of 2026-03-31
Schwab · 496 holdings · $15.1B · as of 2026-05-31
Holdings snapshots are 61 days apart (DON: 2026-03-31, SCHM: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are DON and SCHM?
WisdomTree U.S. Midcap Dividend Fund (DON, by WisdomTree) holds 295 positions; Schwab U.S. Mid-Cap ETF (SCHM, by Schwab) holds 496. They have 223 holdings in common, and by portfolio weight the two funds are 37.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 37.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 223DON holds 295 · SCHM holds 496
- Weight in Shared Holdings
- DON 81%·SCHM 39%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DON
72 of 295 positions (18.5% of the fund) are not held by SCHM. Showing the top 30 by weight.
Sector Breakdown
| Sector | DON | SCHM |
|---|---|---|
| Industrials | 17.1% | 22.5% |
| Financials | 22.3% | 11.7% |
| Information Technology | 4.2% | 20.2% |
| Health Care | 2.2% | 10.8% |
| Consumer Discretionary | 10.2% | 9.5% |
| Other Sectors | 43.7% | 25.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DON | +3.0% | +14.3% | +18.2% | +12.4% | +9.3% | +9.4% | 2.27% |
| SCHM | +1.6% | +20.7% | +28.9% | +15.8% | +8.2% | +11.2% | 1.22% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DON vs SCHM →
Shared Holdings(223)
The top 10 shared positions account for 10% of the overlap, led by OMC, ALB and AA.
 OMCOmnicom Group Inc COM | 0.98% | 0.42% | 0.42% |
|---|---|---|---|
 ALBAlbemarle Corp COM | 0.51% | 0.39% | 0.39% |
 AAAlcoa Corporation COM | 0.46% | 0.37% | 0.37% |
 RSReliance Inc COM | 0.48% | 0.37% | 0.37% |
 JBHTJ. B. Hunt Transport Services, Inc. COM | 0.37% | 0.38% | 0.37% |
 SNASnap-On Incorporated COM | 0.91% | 0.36% | 0.36% |
 VTRSViatris Inc COM | 1.17% | 0.35% | 0.35% |
 RGLDRoyal Gold, Inc. COM | 0.39% | 0.34% | 0.34% |
 CFCF Industries Holdings, Inc. COM | 0.93% | 0.32% | 0.32% |
 SNXTD Synnex Corp COM | 0.31% | 0.36% | 0.31% |
 EWBCEast West Bancorp Inc COM | 0.50% | 0.31% | 0.31% |
 ITTITT Inc COM | 0.34% | 0.31% | 0.31% |
 CRSCarpenter Technology Corporation COM | 0.30% | 0.43% | 0.30% |
 WPCW. P. Carey Inc COM | 0.86% | 0.30% | 0.30% |
 KIMKimco Realty Corporation COM | 0.80% | 0.30% | 0.30% |
 BWXTBWX Technologies Inc. COM | 0.29% | 0.33% | 0.29% |
 OVVOvintiv Inc COM | 0.76% | 0.29% | 0.29% |
 NDSNNordson Corp COM | 0.39% | 0.28% | 0.28% |
 MKSIMKS Inc. COM | 0.28% | 0.40% | 0.28% |
 BWABorgWarner Inc. COM | 0.37% | 0.28% | 0.28% |
 PNFPPinnacle Financial Partners Inc. COM | 0.39% | 0.27% | 0.27% |
 HSTHost Hotels & Resorts Inc COM | 0.64% | 0.27% | 0.27% |
 BALLBall Corporation COM | 0.49% | 0.27% | 0.27% |
 MASMasco Corporation COM | 0.45% | 0.27% | 0.27% |
 MLIMueller Industries Inc. COM | 0.31% | 0.27% | 0.27% |
Frequently Asked Questions
How much do DON and SCHM overlap?
DON and SCHM overlap by 37.6% of portfolio weight. They share 223 holdings (DON holds 295 positions and SCHM holds 496), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DON and SCHM?
The two portfolios are 37.6% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of DON and SCHM?
The largest positions held by both funds are OMC, ALB, AA, RS and JBHT. Together the top 10 shared positions account for 10% of the total overlap.
What does DON own that SCHM doesn't?
72 positions (18.5% of DON) are unique to DON, led by BBY, SUI and IFF. In the other direction, 273 positions (60.7% of SCHM) are unique to SCHM.