MDY vs SCHG: Holdings Overlap
MDYState Street® SPDR® S&P MIDCAP 400® ETF Trust
State Street (SPDR) · 399 holdings · $27.1B · as of 2026-08-06
SCHGSchwab U.S. Large-Cap Growth ETF
Schwab · 193 holdings · $62.4B · as of 2026-05-31
Holdings snapshots are 67 days apart (MDY: 2026-08-06, SCHG: 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 MDY and SCHG?
State Street® SPDR® S&P MIDCAP 400® ETF Trust (MDY, by State Street (SPDR)) holds 399 positions; Schwab U.S. Large-Cap Growth ETF (SCHG, by Schwab) holds 193. They have 33 holdings in common, and by portfolio weight the two funds are 1.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 33MDY holds 399 · SCHG holds 193
- Weight in Shared Holdings
- MDY 12%·SCHG 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 MDY
366 of 399 positions (93.5% of the fund) are not held by SCHG. Showing the top 30 by weight.
Sector Breakdown
| Sector | MDY | SCHG |
|---|---|---|
| Information Technology | 15.6% | 45.9% |
| Industrials | 25.9% | 6.6% |
| Financials | 16.0% | 6.8% |
| Communication Services | 2.2% | 15.3% |
| Consumer Discretionary | 11.6% | 12.3% |
| Other Sectors | 33.7% | 13.1% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| MDY | +3.1% | +18.1% | +25.6% | +14.2% | +8.8% | +10.9% | 0.99% |
| SCHG | +4.3% | +9.9% | +19.1% | +24.1% | +14.0% | +18.6% | 0.37% |
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 MDY vs SCHG →
Shared Holdings(33)
The top 10 shared positions account for 48% of the overlap, led by CW, CRS and MTZ.
 CWCurtiss-Wright Corporation | 0.72% | 0.10% | 0.10% |
|---|---|---|---|
 CRSCarpenter Technology Corporation | 0.76% | 0.08% | 0.08% |
 MTZMasTec Inc. | 0.44% | 0.08% | 0.08% |
 OKTAOkta Inc. Class A | 0.66% | 0.07% | 0.07% |
 RBCRBC Bearings Incorporated | 0.49% | 0.06% | 0.06% |
 TLNTalen Energy Corp | 0.42% | 0.06% | 0.06% |
 NBIXNeurocrine Biosciences Inc. | 0.44% | 0.06% | 0.06% |
 PFGCPerformance Food Group Co | 0.49% | 0.05% | 0.05% |
 CLHClean Harbors Inc. | 0.42% | 0.05% | 0.05% |
 CSLCarlisle Companies Incorporated | 0.42% | 0.05% | 0.05% |
 ROIVRoivant Sciences Ltd. | 0.43% | 0.05% | 0.05% |
 DTDynatrace Inc. | 0.39% | 0.04% | 0.04% |
 PENPenumbra Inc. | 0.35% | 0.04% | 0.04% |
 TOSTToast Inc. Class A | 0.45% | 0.04% | 0.04% |
 SAIASaia Inc. | 0.26% | 0.04% | 0.04% |
 TXRHTexas Roadhouse Inc. | 0.37% | 0.04% | 0.04% |
 PINSPinterest Inc. Class A | 0.64% | 0.04% | 0.04% |
 CACICACI International Inc Class A | 0.38% | 0.04% | 0.04% |
 DOCUDocuSign Inc. | 0.30% | 0.04% | 0.04% |
 MEDPMedpace Holdings Inc. | 0.36% | 0.03% | 0.03% |
 WMSAdvanced Drainage Systems Inc. | 0.29% | 0.03% | 0.03% |
 AALAmerican Airlines Group Inc. | 0.29% | 0.03% | 0.03% |
 CNMCore & Main Inc. Class A | 0.23% | 0.03% | 0.03% |
 CAVACAVA Group Inc. | 0.17% | 0.03% | 0.03% |
 RGENRepligen Corporation | 0.23% | 0.02% | 0.02% |
Frequently Asked Questions
How much do MDY and SCHG overlap?
MDY and SCHG overlap by 1.4% of portfolio weight. They share 33 holdings (MDY holds 399 positions and SCHG holds 193), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MDY and SCHG?
The two portfolios are 1.4% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of MDY and SCHG?
The largest positions held by both funds are CW, CRS, MTZ, OKTA and RBC. Together the top 10 shared positions account for 48% of the total overlap.
What does MDY own that SCHG doesn't?
366 positions (93.5% of MDY) are unique to MDY, led by ATI, TWLO and ILMN. In the other direction, 160 positions (98.5% of SCHG) are unique to SCHG.