SCHA vs XAR: Holdings Overlap
Schwab · 1705 holdings · $23.3B · as of 2026-05-31
XARState Street® SPDR® S&P® Aerospace & Defense ETF
State Street (SPDR) · 47 holdings · $6.4B · as of 2026-08-06
Holdings snapshots are 67 days apart (SCHA: 2026-05-31, XAR: 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 XAR?
Schwab U.S. Small-Cap ETF (SCHA, by Schwab) holds 1705 positions; State Street® SPDR® S&P® Aerospace & Defense ETF (XAR, by State Street (SPDR)) holds 47. They have 22 holdings in common, and by portfolio weight the two funds are 1.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 22SCHA holds 1705 · XAR holds 47
- Weight in Shared Holdings
- SCHA 2%·XAR 37%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
1683 of 1705 positions (98.0% of the fund) are not held by XAR. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHA | XAR |
|---|---|---|
| Industrials | 17.7% | 98.4% |
| Information Technology | 22.1% | 0.0% |
| Financials | 15.1% | 0.0% |
| Health Care | 13.4% | 0.0% |
| Consumer Discretionary | 9.3% | 0.0% |
| Other Sectors | 21.4% | 0.0% |
| Unclassified | 0.8% | 1.6% |
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, 2% of XAR).
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% |
| XAR | +2.7% | +19.0% | +33.7% | +33.2% | +18.5% | +18.1% | 0.28% |
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 XAR →
Shared Holdings(22)
The top 10 shared positions account for 83% of the overlap, led by ATI, MOG-A and HXL.
 ATIATI Inc COMMON STOCK | 0.50% | 3.15% | 0.50% |
|---|---|---|---|
 MOG-AMoog, Inc., Class A | 0.22% | 2.78% | 0.22% |
 HXLHexcel Corporation COM | 0.14% | 2.91% | 0.14% |
 MRCYMercury Systems Inc COM | 0.12% | 2.01% | 0.12% |
 VSECVSE Corp. COM | 0.11% | 3.37% | 0.11% |
 LUNRIntuitive Machines Inc CLASS A COM | 0.10% | 1.46% | 0.10% |
 KRMNKarman Holdings Inc. COMMON STOCK | 0.09% | 3.11% | 0.09% |
 AIRAAR Corp. COM | 0.09% | 2.72% | 0.09% |
 ACHRArcher Aviation, Inc., Class A | 0.09% | 2.68% | 0.09% |
 ATROAstronics Corp. COM | 0.06% | 1.95% | 0.06% |
 LOARLoar Holdings Inc COM SHS | 0.05% | 1.83% | 0.05% |
 DCODucommun Incorporated COM | 0.04% | 1.55% | 0.04% |
 RDWRedwire Corporation COM | 0.04% | 1.55% | 0.04% |
 RCATRed Cat Holdings Inc. COM | 0.04% | 1.09% | 0.04% |
 VVXV2X Inc COM | 0.04% | 1.19% | 0.04% |
 FLYFirefly Aerospace Inc. COM | 0.02% | 0.79% | 0.02% |
 CDRECadre Holdings Inc. COM | 0.02% | 0.67% | 0.02% |
 NPKNational Presto Industries Inc. COM | 0.01% | 0.51% | 0.01% |
 VOYGVoyager Technologies, Inc., Class A | 0.01% | 0.42% | 0.01% |
 YSSYork Space Systems, Inc. | 0.01% | 0.18% | 0.01% |
 BETABeta Technologies Inc. COM SHS CL A | 0.01% | 0.59% | 0.01% |
 SPCEVirgin Galactic Holdings Inc | 0.01% | 0.28% | 0.01% |
Frequently Asked Questions
How much do SCHA and XAR overlap?
SCHA and XAR overlap by 1.8% of portfolio weight. They share 22 holdings (SCHA holds 1705 positions and XAR holds 47), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHA and XAR?
The two portfolios are 1.8% 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 XAR?
The largest positions held by both funds are ATI, MOG-A, HXL, MRCY and VSEC. Together the top 10 shared positions account for 83% of the total overlap.
What does SCHA own that XAR doesn't?
1683 positions (98.0% of SCHA) are unique to SCHA, led by SNDK, LITE and RVMD. In the other direction, 25 positions (63.2% of XAR) are unique to XAR.