SCHA vs IWM: Holdings Overlap
Schwab · 1705 holdings · $23.3B · as of 2026-05-31
iShares · 1941 holdings · $82.2B · as of 2026-03-31
Holdings snapshots are 61 days apart (SCHA: 2026-05-31, IWM: 2026-03-31). 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 SCHA and IWM?
Schwab U.S. Small-Cap ETF (SCHA, by Schwab) holds 1705 positions; iShares Russell 2000 ETF (IWM, by iShares) holds 1941. They have 1379 holdings in common, and by portfolio weight the two funds are 62.1% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 62.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1379SCHA holds 1705 · IWM holds 1941
- Weight in Shared Holdings
- SCHA 64%·IWM 88%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
326 of 1705 positions (35.9% of the fund) are not held by IWM. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHA | IWM |
|---|---|---|
| Information Technology | 22.1% | 13.6% |
| Industrials | 17.7% | 17.9% |
| Health Care | 13.4% | 16.6% |
| Financials | 15.1% | 15.3% |
| Consumer Discretionary | 9.3% | 8.0% |
| Other Sectors | 21.4% | 22.7% |
| Unclassified | 0.8% | 5.5% |
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, 5% of IWM).
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% |
| IWM | +1.8% | +23.0% | +38.6% | +17.1% | +7.5% | +10.8% | 0.88% |
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 IWM →
Shared Holdings(1379)
The top 10 shared positions account for 6% of the overlap, led by NXT, CDE and STRL.
 NXTNextpower, Inc., Class A | 0.49% | 0.60% | 0.49% |
|---|---|---|---|
 CDECoeur Mining, Inc. | 0.42% | 0.65% | 0.42% |
 STRLSterling Infrastructure, Inc. | 0.56% | 0.41% | 0.41% |
 ECHOEchoStar Corp., Class A | 0.37% | 0.54% | 0.37% |
 GHGuardant Health, Inc. | 0.35% | 0.39% | 0.35% |
 TTMITTM Technologies, Inc. | 0.38% | 0.34% | 0.34% |
 DYDycom Industries, Inc. | 0.32% | 0.34% | 0.32% |
 RMBSRambus, Inc. | 0.33% | 0.32% | 0.32% |
 MODModine Manufacturing Co. | 0.31% | 0.39% | 0.31% |
 SITMSiTime Corp. | 0.33% | 0.26% | 0.26% |
 PLPlanet Labs PBC, Class A | 0.30% | 0.26% | 0.26% |
 HLHecla Mining Co. | 0.25% | 0.40% | 0.25% |
 SMTCSemtech Corp. | 0.30% | 0.24% | 0.24% |
 AEISAdvanced Energy Industries, Inc. | 0.24% | 0.41% | 0.24% |
 BBIOBridgebio Pharma, Inc. | 0.24% | 0.40% | 0.24% |
 VIAVViavi Solutions, Inc. | 0.24% | 0.26% | 0.24% |
 SANMSanmina Corp. | 0.30% | 0.24% | 0.24% |
 ARWRArrowhead Pharmaceuticals, Inc. | 0.23% | 0.29% | 0.23% |
 SPXCSPX Technologies, Inc. | 0.23% | 0.33% | 0.23% |
 DOCNDigitalOcean Holdings, Inc. | 0.26% | 0.22% | 0.22% |
 LUMNLumen Technologies, Inc. | 0.22% | 0.23% | 0.22% |
 MOG-AMoog, Inc., Class A | 0.22% | 0.28% | 0.22% |
 CYTKCytokinetics, Inc. | 0.21% | 0.27% | 0.21% |
 AXSMAxsome Therapeutics, Inc. | 0.21% | 0.24% | 0.21% |
 ENSGEnsign Group, Inc. (The) | 0.20% | 0.38% | 0.20% |
Showing the top 250 of 1379 shared holdings by overlap weight.
Frequently Asked Questions
How much do SCHA and IWM overlap?
SCHA and IWM overlap by 62.1% of portfolio weight. They share 1379 holdings (SCHA holds 1705 positions and IWM holds 1941), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHA and IWM?
The two portfolios are 62.1% 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 IWM?
The largest positions held by both funds are NXT, CDE, STRL, ECHO and GH. Together the top 10 shared positions account for 6% of the total overlap.
What does SCHA own that IWM doesn't?
326 positions (35.9% of SCHA) are unique to SCHA, led by SNDK, LITE and RVMD. In the other direction, 562 positions (11.2% of IWM) are unique to IWM.