IWM vs SCHD: Holdings Overlap
iShares · 1941 holdings · $82.2B · as of 2026-03-31
SCHDSchwab U.S. Dividend Equity ETF
Schwab · 99 holdings · $105.7B · as of 2026-05-31
Holdings snapshots are 61 days apart (IWM: 2026-03-31, SCHD: 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 SCHD?
iShares Russell 2000 ETF (IWM, by iShares) holds 1941 positions; Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99. They have 31 holdings in common, and by portfolio weight the two funds are 1.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 31IWM holds 1941 · SCHD holds 99
- Weight in Shared Holdings
- IWM 2%·SCHD 1%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
1910 of 1941 positions (98.0% of the fund) are not held by SCHD. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWM | SCHD |
|---|---|---|
| Consumer Staples | 1.7% | 18.4% |
| Health Care | 16.6% | 18.3% |
| Industrials | 17.9% | 10.8% |
| Information Technology | 13.6% | 15.8% |
| Financials | 15.3% | 9.0% |
| Other Sectors | 29.1% | 27.3% |
| Unclassified | 5.5% | 0.0% |
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. “Unclassified” is weight we could not classify (5% of IWM, 0% of SCHD).
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% |
| SCHD | +4.2% | +25.6% | +31.4% | +14.9% | +9.7% | +12.8% | 3.09% |
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 SCHD →
Shared Holdings(31)
The top 10 shared positions account for 56% of the overlap, led by MUR, MC and KFY.
 MURMurphy Oil Corp. | 0.19% | 0.12% | 0.12% |
|---|---|---|---|
 MCMoelis & Co., Class A | 0.12% | 0.13% | 0.12% |
 KFYKorn Ferry | 0.11% | 0.09% | 0.09% |
 APAMArtisan Partners Asset Management, Inc., Class A | 0.08% | 0.07% | 0.07% |
 CVBFCVB Financial Corp. | 0.09% | 0.07% | 0.07% |
 MZTIMarzetti Company/The | 0.09% | 0.06% | 0.06% |
 BANRBanner Corp. | 0.07% | 0.06% | 0.06% |
 OFGOFG Bancorp | 0.06% | 0.05% | 0.05% |
 CNSCohen & Steers, Inc. | 0.06% | 0.05% | 0.05% |
 NBHCNational Bank Holdings Corp., Class A | 0.05% | 0.05% | 0.05% |
 CHCOCity Holding Co. | 0.05% | 0.05% | 0.05% |
 IPARInterparfums, Inc. | 0.06% | 0.04% | 0.04% |
 STBAS&T Bancorp, Inc. | 0.05% | 0.04% | 0.04% |
 AGMFederal Agricultural Mortgage Corp., Class C | 0.05% | 0.04% | 0.04% |
 GABCGerman American Bancorp, Inc. | 0.05% | 0.04% | 0.04% |
 LKFNLakeland Financial Corp. | 0.05% | 0.04% | 0.04% |
 BKEBuckle, Inc. (The) | 0.05% | 0.03% | 0.03% |
 SRCE1st Source Corp. | 0.04% | 0.03% | 0.03% |
 NSPInsperity, Inc. | 0.03% | 0.03% | 0.03% |
 PFBCPreferred Bank/Los Angeles CA | 0.02% | 0.03% | 0.02% |
 VRTSVirtus Investment Partners, Inc. | 0.03% | 0.02% | 0.02% |
 CPFCentral Pacific Financial Corp. | 0.03% | 0.02% | 0.02% |
 HAFCHanmi Financial Corp. | 0.03% | 0.02% | 0.02% |
 THFFFirst Financial Corp. | 0.03% | 0.02% | 0.02% |
 ORRFOrrstown Financial Services, Inc. | 0.02% | 0.02% | 0.02% |
Frequently Asked Questions
How much do IWM and SCHD overlap?
IWM and SCHD overlap by 1.3% of portfolio weight. They share 31 holdings (IWM holds 1941 positions and SCHD holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWM and SCHD?
The two portfolios are 1.3% 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 SCHD?
The largest positions held by both funds are MUR, MC, KFY, APAM and CVBF. Together the top 10 shared positions account for 56% of the total overlap.
What does IWM own that SCHD doesn't?
1910 positions (98.0% of IWM) are unique to IWM, led by BE, CDE and FN. In the other direction, 68 positions (98.5% of SCHD) are unique to SCHD.