IWD vs SCHB: Holdings Overlap
IWDiShares Russell 1000 Value ETF
iShares · 866 holdings · $83.6B · as of 2026-03-31
SCHBSchwab U.S. Broad Market ETF
Schwab · 2407 holdings · $44.7B · as of 2026-05-31
Holdings snapshots are 61 days apart (IWD: 2026-03-31, SCHB: 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 IWD and SCHB?
iShares Russell 1000 Value ETF (IWD, by iShares) holds 866 positions; Schwab U.S. Broad Market ETF (SCHB, by Schwab) holds 2407. They have 827 holdings in common, and by portfolio weight the two funds are 51.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 51.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 827IWD holds 866 · SCHB holds 2407
- Weight in Shared Holdings
- IWD 99%·SCHB 59%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 IWD
39 of 866 positions (0.8% of the fund) are not held by SCHB. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWD | SCHB |
|---|---|---|
| Information Technology | 11.7% | 36.4% |
| Financials | 20.0% | 11.6% |
| Industrials | 13.4% | 9.6% |
| Health Care | 11.7% | 8.7% |
| Communication Services | 7.9% | 9.8% |
| Other Sectors | 35.1% | 23.6% |
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 |
|---|---|---|---|---|---|---|---|
| IWD | +4.0% | +23.3% | +34.5% | +19.0% | +11.9% | +11.7% | 1.36% |
| SCHB | +3.3% | +14.6% | +24.0% | +20.9% | +12.4% | +14.9% | 1.00% |
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 IWD vs SCHB →
Shared Holdings(827)
The top 10 shared positions account for 23% of the overlap, led by GOOGL, AMZN and GOOG.
 GOOGLAlphabet Inc. CAP STK CL A | 1.95% | 3.03% | 1.95% |
|---|---|---|---|
 AMZNAmazon.com, Inc. COM | 1.81% | 3.62% | 1.81% |
 GOOGAlphabet Inc. CAP STK CL C | 1.59% | 2.41% | 1.59% |
 MUMicron Technology Inc. COM | 1.24% | 1.49% | 1.24% |
 BRK-BBerkshire Hathaway, Inc., Class B | 2.91% | 1.19% | 1.19% |
 JPMJPMorgan Chase & Co. COM | 2.63% | 1.10% | 1.10% |
 XOMExxon Mobil Corp. COM | 2.36% | 0.83% | 0.83% |
 JNJJohnson & Johnson COM | 1.94% | 0.74% | 0.74% |
 METAMeta Platforms, Inc., Class A | 0.73% | 1.89% | 0.73% |
 WMTWalmart Inc COM | 1.60% | 0.69% | 0.69% |
 CSCOCisco Systems, Inc. COM | 1.02% | 0.65% | 0.65% |
 INTCIntel Corporation COM | 0.64% | 0.74% | 0.64% |
 CATCaterpillar Inc COM | 0.95% | 0.56% | 0.56% |
 AMATApplied Materials Inc. COM | 0.64% | 0.49% | 0.49% |
 UNHUnitedHealth Group Inc. COM | 0.81% | 0.47% | 0.47% |
 BACBank of America Corp. COM | 0.97% | 0.47% | 0.47% |
 CVXChevron Corp. COM | 1.28% | 0.47% | 0.47% |
 PGThe Procter & Gamble Co. COM | 1.12% | 0.46% | 0.46% |
 AMDAdvanced Micro Devices Inc. COM | 0.45% | 1.15% | 0.45% |
 GSGoldman Sachs Group, Inc. (The) | 0.77% | 0.42% | 0.42% |
 KOCoca-Cola Co (The) COM | 0.50% | 0.42% | 0.42% |
 MRKMerck & Co., Inc COM | 0.98% | 0.40% | 0.40% |
 IBMInternational Business Machines Corp. COM | 0.74% | 0.38% | 0.38% |
 PMPhilip Morris International Inc. COM | 0.85% | 0.38% | 0.38% |
 QCOMQUALCOMM Inc. COM | 0.35% | 0.37% | 0.35% |
Showing the top 250 of 827 shared holdings by overlap weight.
Frequently Asked Questions
How much do IWD and SCHB overlap?
IWD and SCHB overlap by 51.2% of portfolio weight. They share 827 holdings (IWD holds 866 positions and SCHB holds 2407), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWD and SCHB?
The two portfolios are 51.2% 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 IWD and SCHB?
The largest positions held by both funds are GOOGL, AMZN, GOOG, MU and BRK-B. Together the top 10 shared positions account for 23% of the total overlap.
What does IWD own that SCHB doesn't?
39 positions (0.8% of IWD) are unique to IWD, led by AU, CTRA and CCL. In the other direction, 1580 positions (40.9% of SCHB) are unique to SCHB.