SCHA vs SPY: Holdings Overlap
Schwab · 1705 holdings · $23.3B · as of 2026-05-31
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 67 days apart (SCHA: 2026-05-31, SPY: 2026-08-06). 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 SPY?
Schwab U.S. Small-Cap ETF (SCHA, by Schwab) holds 1705 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 3 holdings in common, and by portfolio weight the two funds are 0.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3SCHA holds 1705 · SPY holds 504
- Weight in Shared Holdings
- SCHA 7%·SPY 0%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
1702 of 1705 positions (92.9% of the fund) are not held by SPY. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHA | SPY |
|---|---|---|
| Information Technology | 22.1% | 37.6% |
| Industrials | 17.7% | 8.8% |
| Financials | 15.1% | 12.3% |
| Health Care | 13.4% | 8.9% |
| Communication Services | 2.9% | 9.7% |
| Other Sectors | 27.7% | 22.6% |
| Unclassified | 0.8% | 0.0% |
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. “Unclassified” is weight we could not classify (1% of SCHA, 0% of SPY).
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% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 SPY →
Shared Holdings(3)
The top 3 shared positions account for 99% of the overlap, led by SNDK, LITE and ECHO.
Frequently Asked Questions
How much do SCHA and SPY overlap?
SCHA and SPY overlap by 0.4% of portfolio weight. They share 3 holdings (SCHA holds 1705 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHA and SPY?
The two portfolios are 0.4% 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 SPY?
The largest positions held by both funds are SNDK, LITE and ECHO. Together the top 3 shared positions account for 99% of the total overlap.
What does SCHA own that SPY doesn't?
1702 positions (92.9% of SCHA) are unique to SCHA, led by RVMD, STRL and ATI. In the other direction, 501 positions (99.5% of SPY) are unique to SPY.