IWM vs SCHB: Holdings Overlap
iShares · 1941 holdings · $82.2B · 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 (IWM: 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 IWM and SCHB?
iShares Russell 2000 ETF (IWM, by iShares) holds 1941 positions; Schwab U.S. Broad Market ETF (SCHB, by Schwab) holds 2407. They have 1351 holdings in common, and by portfolio weight the two funds are 4.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1351IWM holds 1941 · SCHB holds 2407
- Weight in Shared Holdings
- IWM 92%·SCHB 4%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
590 of 1941 positions (7.8% of the fund) are not held by SCHB. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWM | SCHB |
|---|---|---|
| Information Technology | 13.6% | 36.4% |
| Industrials | 17.9% | 9.6% |
| Health Care | 16.6% | 8.7% |
| Financials | 15.3% | 11.6% |
| Communication Services | 2.5% | 9.8% |
| Other Sectors | 28.2% | 23.6% |
| Unclassified | 5.5% | 0.1% |
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, 0% of SCHB).
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% |
| 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 IWM vs SCHB →
Shared Holdings(1351)
The top 10 shared positions account for 9% of the overlap, led by BE, CRDO and STRL.
 BEBloom Energy Corp., Class A | 1.01% | 0.10% | 0.10% |
|---|---|---|---|
 CRDOCredo Technology Group Holding Ltd. | 0.52% | 0.05% | 0.05% |
 STRLSterling Infrastructure, Inc. | 0.41% | 0.04% | 0.04% |
 IONQIonQ, Inc. | 0.34% | 0.03% | 0.03% |
 FNFabrinet | 0.64% | 0.03% | 0.03% |
 NXTNextpower, Inc., Class A | 0.60% | 0.03% | 0.03% |
 CDECoeur Mining, Inc. | 0.65% | 0.03% | 0.03% |
 TTMITTM Technologies, Inc. | 0.34% | 0.02% | 0.02% |
 ECHOEchoStar Corp., Class A | 0.54% | 0.02% | 0.02% |
 GHGuardant Health, Inc. | 0.39% | 0.02% | 0.02% |
 SITMSiTime Corp. | 0.26% | 0.02% | 0.02% |
 RMBSRambus, Inc. | 0.32% | 0.02% | 0.02% |
 DYDycom Industries, Inc. | 0.34% | 0.02% | 0.02% |
 MODModine Manufacturing Co. | 0.39% | 0.02% | 0.02% |
 PLPlanet Labs PBC, Class A | 0.26% | 0.02% | 0.02% |
 SANMSanmina Corp. | 0.24% | 0.02% | 0.02% |
 SMTCSemtech Corp. | 0.24% | 0.02% | 0.02% |
 DOCNDigitalOcean Holdings, Inc. | 0.22% | 0.02% | 0.02% |
 HUTHut 8 Corp. | 0.16% | 0.02% | 0.02% |
 HLHecla Mining Co. | 0.40% | 0.02% | 0.02% |
 APLDApplied Digital Corp. | 0.19% | 0.02% | 0.02% |
 KTOSKratos Defense & Security Solutions, Inc. | 0.43% | 0.02% | 0.02% |
 AEISAdvanced Energy Industries, Inc. | 0.41% | 0.02% | 0.02% |
 VIAVViavi Solutions, Inc. | 0.26% | 0.02% | 0.02% |
 QBTSD-Wave Quantum, Inc. | 0.18% | 0.02% | 0.02% |
Showing the top 250 of 1351 shared holdings by overlap weight.
Frequently Asked Questions
How much do IWM and SCHB overlap?
IWM and SCHB overlap by 4.4% of portfolio weight. They share 1351 holdings (IWM holds 1941 positions and SCHB holds 2407), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWM and SCHB?
The two portfolios are 4.4% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IWM and SCHB?
The largest positions held by both funds are BE, CRDO, STRL, IONQ and FN. Together the top 10 shared positions account for 9% of the total overlap.
What does IWM own that SCHB doesn't?
590 positions (7.8% of IWM) are unique to IWM, led by SSRM, GLNG and 430. In the other direction, 1056 positions (95.5% of SCHB) are unique to SCHB.