MDY vs SCHX: Holdings Overlap
MDYState Street® SPDR® S&P MIDCAP 400® ETF Trust
State Street (SPDR) · 399 holdings · $27.1B · as of 2026-08-06
Schwab · 748 holdings · $74.3B · as of 2026-05-31
Holdings snapshots are 67 days apart (MDY: 2026-08-06, SCHX: 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 SCHX?
State Street® SPDR® S&P MIDCAP 400® ETF Trust (MDY, by State Street (SPDR)) holds 399 positions; Schwab U.S. Large-Cap ETF (SCHX, by Schwab) holds 748. They have 168 holdings in common, and by portfolio weight the two funds are 2.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 168MDY holds 399 · SCHX holds 748
- Weight in Shared Holdings
- MDY 61%·SCHX 3%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
231 of 399 positions (44.2% of the fund) are not held by SCHX. Showing the top 30 by weight.
Sector Breakdown
| Sector | MDY | SCHX |
|---|---|---|
| Information Technology | 15.6% | 37.4% |
| Industrials | 25.9% | 9.1% |
| Financials | 16.0% | 11.4% |
| Consumer Discretionary | 11.6% | 9.7% |
| Communication Services | 2.2% | 10.3% |
| Other Sectors | 33.7% | 22.0% |
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.
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% |
| SCHX | +3.5% | +14.0% | +23.2% | +21.2% | +12.8% | +15.3% | 0.99% |
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 SCHX →
Shared Holdings(168)
The top 10 shared positions account for 13% of the overlap, led by TWLO, FTI and CW.
 TWLOTwilio Inc. Class A | 0.80% | 0.04% | 0.04% |
|---|---|---|---|
 FTITechnipFMC plc | 0.76% | 0.04% | 0.04% |
 CWCurtiss-Wright Corporation | 0.72% | 0.04% | 0.04% |
 NVTnVent Electric plc | 0.72% | 0.04% | 0.04% |
 PEverpure Inc. Class A | 0.75% | 0.04% | 0.04% |
 XPOXPO Inc. | 0.63% | 0.04% | 0.04% |
 ILMNIllumina Inc. | 0.80% | 0.04% | 0.04% |
 UTHRUnited Therapeutics Corporation | 0.62% | 0.03% | 0.03% |
 FNFabrinet | 0.53% | 0.03% | 0.03% |
 MTZMasTec Inc. | 0.44% | 0.03% | 0.03% |
 CRSCarpenter Technology Corporation | 0.76% | 0.03% | 0.03% |
 OKTAOkta Inc. Class A | 0.66% | 0.03% | 0.03% |
 WWDWoodward Inc. | 0.60% | 0.03% | 0.03% |
 ENTGEntegris Inc. | 0.59% | 0.03% | 0.03% |
 LSCCLattice Semiconductor Corporation | 0.48% | 0.03% | 0.03% |
 AAAlcoa Corporation | 0.68% | 0.03% | 0.03% |
 BURLBurlington Stores Inc. | 0.64% | 0.03% | 0.03% |
 RSReliance Inc. | 0.58% | 0.03% | 0.03% |
 SNXTD SYNNEX Corporation | 0.53% | 0.03% | 0.03% |
 RBARB Global Inc. | 0.47% | 0.03% | 0.03% |
 RGLDRoyal Gold Inc. | 0.49% | 0.03% | 0.03% |
 BWXTBWX Technologies Inc. | 0.42% | 0.03% | 0.03% |
 RBCRBC Bearings Incorporated | 0.49% | 0.03% | 0.03% |
 USFDUS Foods Holding Corp. | 0.64% | 0.03% | 0.03% |
 WCCWESCO International Inc. | 0.50% | 0.03% | 0.03% |
Frequently Asked Questions
How much do MDY and SCHX overlap?
MDY and SCHX overlap by 2.9% of portfolio weight. They share 168 holdings (MDY holds 399 positions and SCHX holds 748), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MDY and SCHX?
The two portfolios are 2.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of MDY and SCHX?
The largest positions held by both funds are TWLO, FTI, CW, NVT and P. Together the top 10 shared positions account for 13% of the total overlap.
What does MDY own that SCHX doesn't?
231 positions (44.2% of MDY) are unique to MDY, led by ATI, FIVE and SMTC. In the other direction, 580 positions (96.9% of SCHX) are unique to SCHX.