RSP vs SCHD: Holdings Overlap
RSPInvesco S&P 500 Equal Weight ETF
Invesco · 504 holdings · $97.5B · as of 2026-04-30
SCHDSchwab U.S. Dividend Equity ETF
Schwab · 99 holdings · $105.7B · as of 2026-05-31
Holdings snapshots are 31 days apart (RSP: 2026-04-30, 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 RSP and SCHD?
Invesco S&P 500 Equal Weight ETF (RSP, by Invesco) holds 504 positions; Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99. They have 46 holdings in common, and by portfolio weight the two funds are 9.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 46RSP holds 504 · SCHD holds 99
- Weight in Shared Holdings
- RSP 9%·SCHD 95%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 RSP
458 of 504 positions (90.3% of the fund) are not held by SCHD. Showing the top 30 by weight.
Sector Breakdown
| Sector | RSP | SCHD |
|---|---|---|
| Consumer Staples | 6.7% | 18.4% |
| Health Care | 10.9% | 18.3% |
| Information Technology | 15.9% | 15.8% |
| Industrials | 15.5% | 10.8% |
| Financials | 15.5% | 9.0% |
| Other Sectors | 35.0% | 27.3% |
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 |
|---|---|---|---|---|---|---|---|
| RSP | +2.5% | +15.8% | +22.4% | +14.8% | +9.2% | +12.0% | 1.46% |
| 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 RSP vs SCHD →
Shared Holdings(46)
The top 10 shared positions account for 26% of the overlap, led by TXN, QCOM and UNH.
 TXNTexas Instruments Inc. | 0.27% | 5.90% | 0.27% |
|---|---|---|---|
 QCOMQUALCOMM Inc. | 0.26% | 6.74% | 0.26% |
 UNHUnitedHealth Group Inc. | 0.25% | 5.09% | 0.25% |
 SWKSSkyworks Solutions, Inc. | 0.24% | 0.29% | 0.24% |
 APAAPA Corp. | 0.24% | 0.33% | 0.24% |
 SLBSLB Ltd. | 0.23% | 2.05% | 0.23% |
 BXBlackstone Inc., Class A | 0.22% | 2.20% | 0.22% |
 TROWT. Rowe Price Group, Inc. | 0.22% | 0.57% | 0.22% |
 PFGPrincipal Financial Group, Inc. | 0.22% | 0.52% | 0.22% |
 ARESAres Management Corp., Class A | 0.22% | 0.67% | 0.22% |
 DVNDevon Energy Corp. | 0.22% | 1.29% | 0.22% |
 FITBFifth Third Bancorp | 0.22% | 1.13% | 0.22% |
 MOAltria Group, Inc. | 0.21% | 2.94% | 0.21% |
 TGTTarget Corp. | 0.21% | 1.45% | 0.21% |
 RFRegions Financial Corp. | 0.21% | 0.61% | 0.21% |
 UPSUnited Parcel Service, Inc., Class B | 0.21% | 1.98% | 0.21% |
 OKEONEOK, Inc. | 0.21% | 1.33% | 0.21% |
 COPConocoPhillips | 0.21% | 3.51% | 0.21% |
 EOGEOG Resources, Inc. | 0.20% | 1.82% | 0.20% |
 ADMArcher-Daniels-Midland Co. | 0.20% | 0.96% | 0.20% |
 SNASnap-on Inc. | 0.20% | 0.48% | 0.20% |
 KOCoca-Cola Co. (The) | 0.19% | 3.96% | 0.19% |
 BMYBristol-Myers Squibb Co. | 0.19% | 2.93% | 0.19% |
 CVXChevron Corp. | 0.19% | 3.83% | 0.19% |
 FFord Motor Co. | 0.19% | 1.72% | 0.19% |
Frequently Asked Questions
How much do RSP and SCHD overlap?
RSP and SCHD overlap by 9.1% of portfolio weight. They share 46 holdings (RSP holds 504 positions and SCHD holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both RSP and SCHD?
The two portfolios are 9.1% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of RSP and SCHD?
The largest positions held by both funds are TXN, QCOM, UNH, SWKS and APA. Together the top 10 shared positions account for 26% of the total overlap.
What does RSP own that SCHD doesn't?
458 positions (90.3% of RSP) are unique to RSP, led by INTC, STX and AMD. In the other direction, 53 positions (4.8% of SCHD) are unique to SCHD.