SCHA vs SKYY: Holdings Overlap
Schwab · 1705 holdings · $23.3B · as of 2026-05-31
SKYYFirst Trust Cloud Computing ETF
First Trust · 62 holdings · $3.1B · as of 2026-03-31
Holdings snapshots are 61 days apart (SCHA: 2026-05-31, SKYY: 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 SKYY?
Schwab U.S. Small-Cap ETF (SCHA, by Schwab) holds 1705 positions; First Trust Cloud Computing ETF (SKYY, by First Trust) holds 62. They have 18 holdings in common, and by portfolio weight the two funds are 1.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 18SCHA holds 1705 · SKYY holds 62
- Weight in Shared Holdings
- SCHA 1%·SKYY 23%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
1687 of 1705 positions (98.4% of the fund) are not held by SKYY. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHA | SKYY |
|---|---|---|
| Information Technology | 22.1% | 82.6% |
| Industrials | 17.7% | 0.6% |
| Financials | 15.1% | 0.6% |
| Health Care | 13.4% | 0.6% |
| Consumer Discretionary | 9.3% | 3.7% |
| Other Sectors | 21.4% | 8.7% |
| Unclassified | 0.8% | 3.1% |
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 SKYY).
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% |
| SKYY | +12.3% | +20.1% | +27.6% | +25.7% | +8.0% | +17.1% | — |
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 SKYY →
Shared Holdings(18)
The top 10 shared positions account for 80% of the overlap, led by DOCN, LUMN and DBX.
 DOCNDigitalOcean Holdings Inc COM | 0.26% | 3.85% | 0.26% |
|---|---|---|---|
 LUMNLumen Technologies Inc COM | 0.22% | 3.02% | 0.22% |
 DBXDropbox Inc CL A | 0.10% | 0.56% | 0.10% |
 GTLBGitlab Inc CLASS A COM | 0.09% | 1.53% | 0.09% |
 TTANServiceTitan Inc. SHS CL A | 0.09% | 1.63% | 0.09% |
 APPFAppFolio Inc. COM CL A | 0.08% | 0.55% | 0.08% |
 QLYSQualys Inc COM | 0.08% | 0.59% | 0.08% |
 BOXBox Inc. CL A | 0.08% | 0.62% | 0.08% |
 RNGRingcentral Inc CL A | 0.07% | 1.51% | 0.07% |
 QTWOQ2 Holdings Inc COM | 0.06% | 0.61% | 0.06% |
 WKWorkiva Inc COM CL A | 0.05% | 1.80% | 0.05% |
 FSLYFastly Inc. CL A | 0.05% | 2.82% | 0.05% |
 KVYOKlaviyo Inc COM SER A | 0.05% | 0.69% | 0.05% |
 FIVNFive9 Inc. COM | 0.04% | 0.80% | 0.04% |
 BLBlackline Inc COM | 0.03% | 0.65% | 0.03% |
 BLKBBlackbaud Inc COM | 0.02% | 0.49% | 0.02% |
 APPNAppian Corporation CL A | 0.02% | 0.71% | 0.02% |
 ASANAsana Inc CL A | 0.01% | 0.46% | 0.01% |
Frequently Asked Questions
How much do SCHA and SKYY overlap?
SCHA and SKYY overlap by 1.4% of portfolio weight. They share 18 holdings (SCHA holds 1705 positions and SKYY holds 62), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHA and SKYY?
The two portfolios are 1.4% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of SCHA and SKYY?
The largest positions held by both funds are DOCN, LUMN, DBX, GTLB and TTAN. Together the top 10 shared positions account for 80% of the total overlap.
What does SCHA own that SKYY doesn't?
1687 positions (98.4% of SCHA) are unique to SCHA, led by SNDK, LITE and RVMD. In the other direction, 44 positions (77.1% of SKYY) are unique to SKYY.