SCHA vs DFAS: Holdings Overlap
Schwab · 1705 holdings · $23.3B · as of 2026-05-31
DFASDimensional U.S. Small Cap ETF
Dimensional · 2121 holdings · $15.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (SCHA: 2026-05-31, DFAS: 2026-04-30). 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 SCHA and DFAS?
Schwab U.S. Small-Cap ETF (SCHA, by Schwab) holds 1705 positions; Dimensional U.S. Small Cap ETF (DFAS, by Dimensional) holds 2121. They have 1342 holdings in common, and by portfolio weight the two funds are 64.5% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 64.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1342SCHA holds 1705 · DFAS holds 2121
- Weight in Shared Holdings
- SCHA 77%·DFAS 75%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 SCHA
363 of 1705 positions (23.1% of the fund) are not held by DFAS. Showing the top 30 by weight.
Only in DFAS
779 of 2121 positions (24.7% of the fund) are not held by SCHA. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHA | DFAS |
|---|---|---|
| Information Technology | 22.1% | 12.0% |
| Industrials | 17.7% | 20.6% |
| Financials | 15.1% | 19.2% |
| Health Care | 13.4% | 11.1% |
| Consumer Discretionary | 9.3% | 12.4% |
| Other Sectors | 21.4% | 21.9% |
| Unclassified | 0.8% | 2.7% |
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. “Unclassified” is weight we could not classify (1% of SCHA, 3% of DFAS).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SCHA | +1.0% | +22.8% | +36.7% | +17.1% | +7.9% | +10.8% | 1.02% |
| DFAS | +3.2% | +20.5% | +31.3% | +14.8% | +9.1% | — | 0.95% |
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 SCHA vs DFAS →
Shared Holdings(1342)
The top 10 shared positions account for 4% of the overlap, led by TTMI, MOD and ONTO.
 TTMITTM Technologies Inc COM | 0.38% | 0.34% | 0.34% |
|---|---|---|---|
 MODModine Manufacturing Co. COM | 0.31% | 0.28% | 0.28% |
 ONTOOnto Innovation Inc. COM | 0.27% | 0.26% | 0.26% |
 SANMSanmina Corporation | 0.30% | 0.24% | 0.24% |
 AEISAdvanced Energy Industries, Inc. COM | 0.24% | 0.29% | 0.24% |
 RMBSRambus Inc. COM | 0.33% | 0.24% | 0.24% |
 HLHecla Mining Company COM | 0.25% | 0.23% | 0.23% |
 PNFPPinnacle Financial Partners Inc. COM | 0.31% | 0.23% | 0.23% |
 VIAVViavi Solutions Inc COM | 0.24% | 0.23% | 0.23% |
 AITApplied Industrial Technologies Inc. COM | 0.24% | 0.23% | 0.23% |
 NYTNew York Times Co. (The), Class A | 0.26% | 0.22% | 0.22% |
 WTFCWintrust Financial Corporation COM | 0.21% | 0.21% | 0.21% |
 SPXCSPX Technologies, Inc. COM | 0.23% | 0.21% | 0.21% |
 LFUSLittelfuse Inc. COM | 0.25% | 0.20% | 0.20% |
 PLPlanet Labs PBC, Class A | 0.30% | 0.20% | 0.20% |
 ENSGEnsign Group, Inc. (The) | 0.20% | 0.22% | 0.20% |
 FORMFormfactor Inc COM | 0.20% | 0.21% | 0.20% |
 MLIMueller Industries Inc. COM | 0.30% | 0.20% | 0.20% |
 ESIElement Solutions Inc COM | 0.20% | 0.23% | 0.20% |
 BPOPPopular, Inc. COM USD0.01 | 0.21% | 0.20% | 0.20% |
 ALSNAllison Transmission Holdings Inc COM | 0.20% | 0.22% | 0.20% |
 STRLSterling Infrastructure Inc COM | 0.56% | 0.20% | 0.20% |
 SSBSouthState Bank Corporation | 0.20% | 0.20% | 0.20% |
 DARDarling Ingredients, Inc COM | 0.20% | 0.21% | 0.20% |
 UMBFUMB Financial Corporation | 0.20% | 0.19% | 0.19% |
Showing the top 250 of 1342 shared holdings by overlap weight.
Frequently Asked Questions
How much do SCHA and DFAS overlap?
SCHA and DFAS overlap by 64.5% of portfolio weight. They share 1342 holdings (SCHA holds 1705 positions and DFAS holds 2121), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHA and DFAS?
The two portfolios are 64.5% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of SCHA and DFAS?
The largest positions held by both funds are TTMI, MOD, ONTO, SANM and AEIS. Together the top 10 shared positions account for 4% of the total overlap.
What does SCHA own that DFAS doesn't?
363 positions (23.1% of SCHA) are unique to SCHA, led by SNDK, LITE and ECHO. In the other direction, 779 positions (24.7% of DFAS) are unique to DFAS.