IWB vs SCHX: Holdings Overlap
iShares · 1005 holdings · $49.9B · as of 2026-03-31
Schwab · 748 holdings · $74.3B · as of 2026-05-31
Holdings snapshots are 61 days apart (IWB: 2026-03-31, SCHX: 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 IWB and SCHX?
iShares Russell 1000 ETF (IWB, by iShares) holds 1005 positions; Schwab U.S. Large-Cap ETF (SCHX, by Schwab) holds 748. They have 726 holdings in common, and by portfolio weight the two funds are 90.0% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 90.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 726IWB holds 1005 · SCHX holds 748
- Weight in Shared Holdings
- IWB 97%·SCHX 99%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 IWB
279 of 1005 positions (2.9% of the fund) are not held by SCHX. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWB | SCHX |
|---|---|---|
| Information Technology | 30.9% | 37.4% |
| Financials | 12.9% | 11.4% |
| Communication Services | 10.2% | 10.3% |
| Consumer Discretionary | 10.0% | 9.7% |
| Industrials | 9.9% | 9.1% |
| Other Sectors | 26.0% | 22.0% |
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 |
|---|---|---|---|---|---|---|---|
| IWB | +3.4% | +13.9% | +23.1% | +20.9% | +12.6% | +15.0% | 0.89% |
| SCHX | +3.5% | +14.0% | +23.2% | +21.2% | +12.8% | +15.3% | 0.99% |
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 IWB vs SCHX →
Shared Holdings(726)
The top 10 shared positions account for 37% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 6.81% | 7.50% | 6.81% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.10% | 6.69% | 6.10% |
 MSFTMicrosoft Corp. COM | 4.58% | 4.88% | 4.58% |
 AMZNAmazon.com, Inc. COM | 3.33% | 3.86% | 3.33% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.79% | 3.23% | 2.79% |
 AVGOBroadcom Inc COM | 2.39% | 3.10% | 2.39% |
 GOOGAlphabet Inc. CAP STK CL C | 2.27% | 2.57% | 2.27% |
 METAMeta Platforms, Inc., Class A | 2.08% | 2.02% | 2.02% |
 TSLATesla Inc COM | 1.75% | 1.79% | 1.75% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.47% | 1.27% | 1.27% |
 LLYEli Lilly & Co. COM | 1.23% | 1.28% | 1.23% |
 JPMJPMorgan Chase & Co. COM | 1.33% | 1.18% | 1.18% |
 XOMExxon Mobil Corp. COM | 1.20% | 0.89% | 0.89% |
 VVisa, Inc., Class A | 0.85% | 0.80% | 0.80% |
 JNJJohnson & Johnson COM | 0.98% | 0.79% | 0.79% |
 WMTWalmart Inc COM | 0.90% | 0.74% | 0.74% |
 MUMicron Technology Inc. COM | 0.63% | 1.60% | 0.63% |
 COSTCostco Wholesale Corporation COM | 0.74% | 0.62% | 0.62% |
 MAMasterCard Incorporated CL A | 0.67% | 0.59% | 0.59% |
 ABBVAbbVie Inc. COM | 0.64% | 0.56% | 0.56% |
 CATCaterpillar Inc COM | 0.55% | 0.60% | 0.55% |
 AMDAdvanced Micro Devices Inc. COM | 0.55% | 1.23% | 0.55% |
 NFLXNetflix, Inc. COM | 0.68% | 0.53% | 0.53% |
 PLTRPalantir Technologies, Inc., Class A | 0.53% | 0.52% | 0.52% |
 CSCOCisco Systems, Inc. COM | 0.52% | 0.70% | 0.52% |
Showing the top 250 of 726 shared holdings by overlap weight.
Frequently Asked Questions
How much do IWB and SCHX overlap?
IWB and SCHX overlap by 90.0% of portfolio weight. They share 726 holdings (IWB holds 1005 positions and SCHX holds 748), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWB and SCHX?
The two portfolios are 90.0% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of IWB and SCHX?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 37% of the total overlap.
What does IWB own that SCHX doesn't?
279 positions (2.9% of IWB) are unique to IWB, led by SNDK, SPOT and LITE. In the other direction, 22 positions (1.0% of SCHX) are unique to SCHX.