IWM vs SCHA: Holdings Overlap
iShares · 1941 holdings · $82.2B · as of 2026-03-31
Schwab · 1705 holdings · $23.3B · as of 2026-05-31
Holdings snapshots are 61 days apart (IWM: 2026-03-31, SCHA: 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 IWM and SCHA?
iShares Russell 2000 ETF (IWM, by iShares) holds 1941 positions; Schwab U.S. Small-Cap ETF (SCHA, by Schwab) holds 1705. They have 1379 holdings in common, and by portfolio weight the two funds are 62.1% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 62.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1379IWM holds 1941 · SCHA holds 1705
- Weight in Shared Holdings
- IWM 88%·SCHA 64%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 IWM
562 of 1941 positions (11.2% of the fund) are not held by SCHA. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWM | SCHA |
|---|---|---|
| Information Technology | 13.6% | 22.1% |
| Industrials | 17.9% | 17.7% |
| Health Care | 16.6% | 13.4% |
| Financials | 15.3% | 15.1% |
| Consumer Discretionary | 8.0% | 9.3% |
| Other Sectors | 22.7% | 21.4% |
| Unclassified | 5.5% | 0.8% |
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. “Unclassified” is weight we could not classify (5% of IWM, 1% of SCHA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IWM | +1.8% | +23.0% | +38.6% | +17.1% | +7.5% | +10.8% | 0.88% |
| SCHA | +1.0% | +22.8% | +36.7% | +17.1% | +7.9% | +10.8% | 1.02% |
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 IWM vs SCHA →
Shared Holdings(1379)
The top 10 shared positions account for 6% of the overlap, led by NXT, CDE and STRL.
 NXTNextpower, Inc., Class A | 0.60% | 0.49% | 0.49% |
|---|---|---|---|
 CDECoeur Mining, Inc. | 0.65% | 0.42% | 0.42% |
 STRLSterling Infrastructure, Inc. | 0.41% | 0.56% | 0.41% |
 ECHOEchoStar Corp., Class A | 0.54% | 0.37% | 0.37% |
 GHGuardant Health, Inc. | 0.39% | 0.35% | 0.35% |
 TTMITTM Technologies, Inc. | 0.34% | 0.38% | 0.34% |
 DYDycom Industries, Inc. | 0.34% | 0.32% | 0.32% |
 RMBSRambus, Inc. | 0.32% | 0.33% | 0.32% |
 MODModine Manufacturing Co. | 0.39% | 0.31% | 0.31% |
 SITMSiTime Corp. | 0.26% | 0.33% | 0.26% |
 PLPlanet Labs PBC, Class A | 0.26% | 0.30% | 0.26% |
 HLHecla Mining Co. | 0.40% | 0.25% | 0.25% |
 SMTCSemtech Corp. | 0.24% | 0.30% | 0.24% |
 AEISAdvanced Energy Industries, Inc. | 0.41% | 0.24% | 0.24% |
 BBIOBridgebio Pharma, Inc. | 0.40% | 0.24% | 0.24% |
 VIAVViavi Solutions, Inc. | 0.26% | 0.24% | 0.24% |
 SANMSanmina Corp. | 0.24% | 0.30% | 0.24% |
 ARWRArrowhead Pharmaceuticals, Inc. | 0.29% | 0.23% | 0.23% |
 SPXCSPX Technologies, Inc. | 0.33% | 0.23% | 0.23% |
 DOCNDigitalOcean Holdings, Inc. | 0.22% | 0.26% | 0.22% |
 LUMNLumen Technologies, Inc. | 0.23% | 0.22% | 0.22% |
 MOG-AMoog, Inc., Class A | 0.28% | 0.22% | 0.22% |
 CYTKCytokinetics, Inc. | 0.27% | 0.21% | 0.21% |
 AXSMAxsome Therapeutics, Inc. | 0.24% | 0.21% | 0.21% |
 ENSGEnsign Group, Inc. (The) | 0.38% | 0.20% | 0.20% |
Showing the top 250 of 1379 shared holdings by overlap weight.
Frequently Asked Questions
How much do IWM and SCHA overlap?
IWM and SCHA overlap by 62.1% of portfolio weight. They share 1379 holdings (IWM holds 1941 positions and SCHA holds 1705), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWM and SCHA?
The two portfolios are 62.1% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of IWM and SCHA?
The largest positions held by both funds are NXT, CDE, STRL, ECHO and GH. Together the top 10 shared positions account for 6% of the total overlap.
What does IWM own that SCHA doesn't?
562 positions (11.2% of IWM) are unique to IWM, led by BE, FN and CRDO. In the other direction, 326 positions (35.9% of SCHA) are unique to SCHA.