MDYG vs SCHM: Holdings Overlap
MDYGState Street® SPDR® S&P 400™ Mid Cap Growth ETF
State Street (SPDR) · 245 holdings · $2.9B · as of 2026-08-06
Schwab · 496 holdings · $15.1B · as of 2026-05-31
Holdings snapshots are 67 days apart (MDYG: 2026-08-06, SCHM: 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 MDYG and SCHM?
State Street® SPDR® S&P 400™ Mid Cap Growth ETF (MDYG, by State Street (SPDR)) holds 245 positions; Schwab U.S. Mid-Cap ETF (SCHM, by Schwab) holds 496. They have 185 holdings in common, and by portfolio weight the two funds are 36.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 36.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 185MDYG holds 245 · SCHM holds 496
- Weight in Shared Holdings
- MDYG 81%·SCHM 36%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 MDYG
60 of 245 positions (18.7% of the fund) are not held by SCHM. Showing the top 30 by weight.
Sector Breakdown
| Sector | MDYG | SCHM |
|---|---|---|
| Industrials | 29.8% | 22.5% |
| Information Technology | 20.2% | 20.2% |
| Health Care | 15.5% | 10.8% |
| Financials | 8.0% | 11.7% |
| Consumer Discretionary | 9.0% | 9.5% |
| Other Sectors | 17.3% | 25.0% |
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 |
|---|---|---|---|---|---|---|---|
| MDYG | +3.3% | +21.6% | +28.0% | +16.0% | +8.5% | +11.3% | 0.56% |
| SCHM | +1.6% | +20.7% | +28.9% | +15.8% | +8.2% | +11.2% | 1.22% |
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 MDYG vs SCHM →
Shared Holdings(185)
The top 10 shared positions account for 13% of the overlap, led by TWLO, FTI and CW.
 TWLOTwilio, Inc., Class A | 1.56% | 0.54% | 0.54% |
|---|---|---|---|
 FTITechnipFMC PLC USD1 | 1.48% | 0.51% | 0.51% |
 CWCurtiss-Wright Corporation | 1.41% | 0.51% | 0.51% |
 NVTNVent Electric PLC COM USD0.01 | 1.41% | 0.50% | 0.50% |
 STRLSterling Infrastructure Inc COM | 0.88% | 0.49% | 0.49% |
 XPOXPO Inc COM | 1.23% | 0.47% | 0.47% |
 UTHRUnited Therapeutics Corporation COM | 1.21% | 0.44% | 0.44% |
 ATIATI Inc COM | 1.63% | 0.44% | 0.44% |
 MTSIMACOM Technology Solutions Holdings Inc. COM | 1.06% | 0.44% | 0.44% |
 FNFabrinet COM USD0.01 | 1.04% | 0.43% | 0.43% |
 CRSCarpenter Technology Corporation COM | 1.48% | 0.43% | 0.43% |
 NXTNextpower Inc. CLASS A COM | 0.51% | 0.43% | 0.43% |
 MTZMastec, Inc. COM | 0.85% | 0.43% | 0.43% |
 MKSIMKS Inc. COM | 0.74% | 0.40% | 0.40% |
 ENTGEntegris Inc COM | 0.46% | 0.39% | 0.39% |
 OKTAOkta Inc. Class A | 1.28% | 0.39% | 0.39% |
 WWDWoodward Inc. COM | 1.16% | 0.39% | 0.39% |
 BURLBurlington Stores Inc. COM | 0.76% | 0.37% | 0.37% |
 LSCCLattice Semiconductor Corporation COM | 0.55% | 0.37% | 0.37% |
 CDECoeur Mining Inc COM NEW | 0.86% | 0.37% | 0.37% |
 RBARB Global Inc COM | 0.92% | 0.37% | 0.37% |
 RGLDRoyal Gold, Inc. COM | 0.95% | 0.34% | 0.34% |
 RBCRBC Bearings Incorporated | 0.95% | 0.34% | 0.34% |
 BWXTBWX Technologies Inc. COM | 0.81% | 0.33% | 0.33% |
 TLNTalen Energy Corporation COM | 0.82% | 0.33% | 0.33% |
Frequently Asked Questions
How much do MDYG and SCHM overlap?
MDYG and SCHM overlap by 36.1% of portfolio weight. They share 185 holdings (MDYG holds 245 positions and SCHM holds 496), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MDYG and SCHM?
The two portfolios are 36.1% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of MDYG and SCHM?
The largest positions held by both funds are TWLO, FTI, CW, NVT and STRL. Together the top 10 shared positions account for 13% of the total overlap.
What does MDYG own that SCHM doesn't?
60 positions (18.7% of MDYG) are unique to MDYG, led by P, TOST and ILMN. In the other direction, 311 positions (63.8% of SCHM) are unique to SCHM.