RSPH vs SCHM: Holdings Overlap
RSPHInvesco S&P 500 Equal Weight Health Care ETF
Invesco · 59 holdings · $776M · as of 2026-04-30
Schwab · 496 holdings · $15.1B · as of 2026-05-31
Holdings snapshots are 31 days apart (RSPH: 2026-04-30, 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 RSPH and SCHM?
Invesco S&P 500 Equal Weight Health Care ETF (RSPH, by Invesco) holds 59 positions; Schwab U.S. Mid-Cap ETF (SCHM, by Schwab) holds 496. They have 14 holdings in common, and by portfolio weight the two funds are 3.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 14RSPH holds 59 · SCHM holds 496
- Weight in Shared Holdings
- RSPH 25%·SCHM 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 RSPH
45 of 59 positions (75.4% of the fund) are not held by SCHM. Showing the top 30 by weight.
Sector Breakdown
| Sector | RSPH | SCHM |
|---|---|---|
| Health Care | 100.5% | 10.8% |
| Industrials | 0.0% | 22.5% |
| Information Technology | 0.0% | 20.2% |
| Financials | 0.0% | 11.7% |
| Consumer Discretionary | 0.0% | 9.5% |
| Other Sectors | 0.0% | 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 |
|---|---|---|---|---|---|---|---|
| RSPH | +3.0% | +12.0% | +28.4% | +7.0% | +3.5% | +8.9% | 0.65% |
| 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 RSPH vs SCHM →
Shared Holdings(14)
The top 10 shared positions account for 83% of the overlap, led by CNC, VTRS and MRNA.
 CNCCentene Corp. | 2.66% | 0.52% | 0.52% |
|---|---|---|---|
 VTRSViatris Inc. | 1.90% | 0.35% | 0.35% |
 MRNAModerna, Inc. | 1.46% | 0.30% | 0.30% |
 INCYIncyte Corp. | 1.79% | 0.30% | 0.30% |
 COOCooper Cos., Inc. (The) | 1.52% | 0.22% | 0.22% |
 RVTYRevvity, Inc. | 1.72% | 0.22% | 0.22% |
 ALGNAlign Technology, Inc. | 1.79% | 0.22% | 0.22% |
 SOLVSolventum Corp. | 1.77% | 0.20% | 0.20% |
 BAXBaxter International Inc. | 1.73% | 0.18% | 0.18% |
 CRLCharles River Laboratories International, Inc. | 1.76% | 0.17% | 0.17% |
 TECHBio-Techne Corp. | 1.83% | 0.15% | 0.15% |
 UHSUniversal Health Services, Inc., Class B | 1.61% | 0.15% | 0.15% |
 HSICHenry Schein, Inc. | 1.73% | 0.14% | 0.14% |
 DVADaVita Inc. | 1.78% | 0.12% | 0.12% |
Frequently Asked Questions
How much do RSPH and SCHM overlap?
RSPH and SCHM overlap by 3.2% of portfolio weight. They share 14 holdings (RSPH holds 59 positions and SCHM holds 496), based on each fund's latest SEC-reported holdings.
Is it redundant to own both RSPH and SCHM?
The two portfolios are 3.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of RSPH and SCHM?
The largest positions held by both funds are CNC, VTRS, MRNA, INCY and COO. Together the top 10 shared positions account for 83% of the total overlap.
What does RSPH own that SCHM doesn't?
45 positions (75.4% of RSPH) are unique to RSPH, led by HUM, UNH and ELV. In the other direction, 482 positions (96.6% of SCHM) are unique to SCHM.