IWP vs SCHD: Holdings Overlap
IWPiShares Russell Mid-Cap Growth ETF
iShares · 277 holdings · $20.5B · 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 (IWP: 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 IWP and SCHD?
iShares Russell Mid-Cap Growth ETF (IWP, by iShares) holds 277 positions; Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99. They have 11 holdings in common, and by portfolio weight the two funds are 3.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 11IWP holds 277 · SCHD holds 99
- Weight in Shared Holdings
- IWP 5%·SCHD 5%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 IWP
266 of 277 positions (95.2% of the fund) are not held by SCHD. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWP | SCHD |
|---|---|---|
| Industrials | 24.4% | 10.8% |
| Consumer Discretionary | 21.2% | 6.7% |
| Consumer Staples | 1.7% | 18.4% |
| Health Care | 14.9% | 18.3% |
| Information Technology | 15.6% | 15.8% |
| Other Sectors | 22.2% | 29.7% |
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 |
|---|---|---|---|---|---|---|---|
| IWP | +1.5% | +5.4% | +3.1% | +14.6% | +5.1% | +12.1% | 0.34% |
| 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 IWP vs SCHD →
Shared Holdings(11)
The top 10 shared positions account for 100% of the overlap, led by FAST, ARES and DRI.
 FASTFastenal Co. | 1.57% | 1.28% | 1.28% |
|---|---|---|---|
 ARESAres Management Corp., Class A | 0.74% | 0.67% | 0.67% |
 DRIDarden Restaurants, Inc. | 0.77% | 0.59% | 0.59% |
 BRBroadridge Financial Solutions, Inc. | 0.62% | 0.45% | 0.45% |
 PAYXPaychex, Inc. | 0.34% | 0.79% | 0.34% |
 BAHBooz Allen Hamilton Holding Corp. | 0.34% | 0.24% | 0.24% |
 HSYHershey Co. (The) | 0.13% | 0.72% | 0.13% |
 MTNVail Resorts, Inc. | 0.13% | 0.12% | 0.12% |
 DINOHF Sinclair Corp. | 0.04% | 0.28% | 0.04% |
 WENWendy's Co. (The) | 0.02% | 0.03% | 0.02% |
 NXSTNexstar Media Group, Inc. | 0.01% | 0.13% | 0.01% |
Frequently Asked Questions
How much do IWP and SCHD overlap?
IWP and SCHD overlap by 3.9% of portfolio weight. They share 11 holdings (IWP holds 277 positions and SCHD holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWP and SCHD?
The two portfolios are 3.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IWP and SCHD?
The largest positions held by both funds are FAST, ARES, DRI, BR and PAYX. Together the top 10 shared positions account for 100% of the total overlap.
What does IWP own that SCHD doesn't?
266 positions (95.2% of IWP) are unique to IWP, led by VRT, HWM and RCL. In the other direction, 88 positions (94.5% of SCHD) are unique to SCHD.