SCHB vs SCHD: Holdings Overlap
SCHBSchwab U.S. Broad Market ETF
Schwab · 2407 holdings · $44.7B · as of 2026-05-31
SCHDSchwab U.S. Dividend Equity ETF
Schwab · 99 holdings · $105.7B · as of 2026-05-31
How similar are SCHB and SCHD?
Schwab U.S. Broad Market ETF (SCHB, by Schwab) holds 2407 positions; Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99. They have 99 holdings in common, and by portfolio weight the two funds are 7.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 99SCHB holds 2407 · SCHD holds 99
- Weight in Shared Holdings
- SCHB 7%·SCHD 100%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 SCHB
2308 of 2407 positions (92.8% of the fund) are not held by SCHD. Showing the top 30 by weight.
Only in SCHD
Every position in SCHD is also held by SCHB, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | SCHB | SCHD |
|---|---|---|
| Information Technology | 36.4% | 15.8% |
| Consumer Staples | 4.3% | 18.4% |
| Health Care | 8.7% | 18.3% |
| Energy | 3.3% | 14.6% |
| Financials | 11.6% | 9.0% |
| Other Sectors | 35.5% | 23.6% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SCHB | +3.3% | +14.6% | +24.0% | +20.9% | +12.4% | +14.9% | 1.00% |
| SCHD | +4.2% | +25.6% | +31.4% | +14.9% | +9.7% | +12.8% | 3.09% |
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 SCHB vs SCHD →
Shared Holdings(99)
The top 10 shared positions account for 55% of the overlap, led by UNH, CVX and PG.
 UNHUnitedHealth Group Inc | 0.47% | 5.09% | 0.47% |
|---|---|---|---|
 CVXChevron Corp | 0.47% | 3.83% | 0.47% |
 PGProcter & Gamble Co/The | 0.46% | 3.55% | 0.46% |
 HDHome Depot Inc/The | 0.43% | 3.36% | 0.43% |
 KOCoca-Cola Co/The | 0.42% | 3.96% | 0.42% |
 MRKMerck & Co Inc | 0.40% | 3.86% | 0.40% |
 TXNTexas Instruments Inc | 0.38% | 5.90% | 0.38% |
 QCOMQUALCOMM Inc | 0.37% | 6.74% | 0.37% |
 VZVerizon Communications Inc | 0.28% | 3.65% | 0.28% |
 PEPPepsiCo Inc | 0.27% | 3.44% | 0.27% |
 AMGNAmgen Inc | 0.25% | 3.47% | 0.25% |
 ABTAbbott Laboratories | 0.20% | 2.96% | 0.20% |
 COPConocoPhillips | 0.19% | 3.51% | 0.19% |
 MOAltria Group Inc | 0.16% | 2.94% | 0.16% |
 BMYBristol-Myers Squibb Co | 0.16% | 2.93% | 0.16% |
 ACNAccenture PLC | 0.16% | 2.90% | 0.16% |
 LMTLockheed Martin Corp | 0.15% | 2.70% | 0.15% |
 ADPAutomatic Data Processing Inc | 0.12% | 2.25% | 0.12% |
 CMCSAComcast Corp | 0.12% | 2.25% | 0.12% |
 BXBlackstone Inc | 0.12% | 2.20% | 0.12% |
 SLBSLB Ltd | 0.11% | 2.05% | 0.11% |
 UPSUnited Parcel Service Inc | 0.11% | 1.98% | 0.11% |
 EOGEOG Resources Inc | 0.10% | 1.82% | 0.10% |
 FFord Motor Co | 0.09% | 1.72% | 0.09% |
 TGTTarget Corp | 0.08% | 1.45% | 0.08% |
Frequently Asked Questions
How much do SCHB and SCHD overlap?
SCHB and SCHD overlap by 7.1% of portfolio weight. They share 99 holdings (SCHB holds 2407 positions and SCHD holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHB and SCHD?
The two portfolios are 7.1% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of SCHB and SCHD?
The largest positions held by both funds are UNH, CVX, PG, HD and KO. Together the top 10 shared positions account for 55% of the total overlap.
What does SCHB own that SCHD doesn't?
2308 positions (92.8% of SCHB) are unique to SCHB, led by NVDA, AAPL and MSFT. In the other direction, 0 positions (0.0% of SCHD) are unique to SCHD.