SCHB vs VOO: Holdings Overlap
SCHBSchwab U.S. Broad Market ETF
Schwab · 2407 holdings · $44.7B · as of 2026-05-31
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
Holdings snapshots are 61 days apart (SCHB: 2026-05-31, VOO: 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 SCHB and VOO?
Schwab U.S. Broad Market ETF (SCHB, by Schwab) holds 2407 positions; Vanguard 500 Index Fund (VOO, by Vanguard) holds 504. They have 498 holdings in common, and by portfolio weight the two funds are 85.2% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 85.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 498SCHB holds 2407 · VOO holds 504
- Weight in Shared Holdings
- SCHB 89%·VOO 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
1909 of 2407 positions (11.2% of the fund) are not held by VOO. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHB | VOO |
|---|---|---|
| Information Technology | 36.4% | 32.7% |
| Financials | 11.6% | 12.4% |
| Communication Services | 9.8% | 10.5% |
| Consumer Discretionary | 9.7% | 9.9% |
| Industrials | 9.6% | 9.0% |
| Other Sectors | 22.6% | 25.3% |
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% |
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
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 VOO →
Shared Holdings(498)
The top 10 shared positions account for 40% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.02% | 7.58% | 7.02% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.26% | 6.66% | 6.26% |
 MSFTMicrosoft Corp. COM | 4.57% | 4.91% | 4.57% |
 AMZNAmazon.com, Inc. COM | 3.62% | 3.64% | 3.62% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.03% | 2.99% | 2.99% |
 AVGOBroadcom Inc COM | 2.90% | 2.62% | 2.62% |
 GOOGAlphabet Inc. CAP STK CL C | 2.41% | 2.40% | 2.40% |
 METAMeta Platforms, Inc., Class A | 1.89% | 2.24% | 1.89% |
 TSLATesla Inc COM | 1.68% | 1.87% | 1.68% |
 LLYEli Lilly & Co. COM | 1.20% | 1.30% | 1.20% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.19% | 1.57% | 1.19% |
 JPMJPMorgan Chase & Co. COM | 1.10% | 1.34% | 1.10% |
 XOMExxon Mobil Corp. COM | 0.83% | 1.27% | 0.83% |
 VVisa, Inc., Class A | 0.75% | 0.89% | 0.75% |
 JNJJohnson & Johnson COM | 0.74% | 1.05% | 0.74% |
 WMTWalmart Inc COM | 0.69% | 0.97% | 0.69% |
 MUMicron Technology Inc. COM | 1.49% | 0.68% | 0.68% |
 AMDAdvanced Micro Devices Inc. COM | 1.15% | 0.59% | 0.59% |
 COSTCostco Wholesale Corporation COM | 0.58% | 0.79% | 0.58% |
 CATCaterpillar Inc COM | 0.56% | 0.59% | 0.56% |
 MAMasterCard Incorporated CL A | 0.55% | 0.73% | 0.55% |
 CSCOCisco Systems, Inc. COM | 0.65% | 0.55% | 0.55% |
 ABBVAbbVie Inc. COM | 0.53% | 0.69% | 0.53% |
 NFLXNetflix, Inc. COM | 0.50% | 0.73% | 0.50% |
 PLTRPalantir Technologies, Inc., Class A | 0.49% | 0.60% | 0.49% |
Showing the top 250 of 498 shared holdings by overlap weight.
Frequently Asked Questions
How much do SCHB and VOO overlap?
SCHB and VOO overlap by 85.2% of portfolio weight. They share 498 holdings (SCHB holds 2407 positions and VOO holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHB and VOO?
The two portfolios are 85.2% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of SCHB and VOO?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 40% of the total overlap.
What does SCHB own that VOO doesn't?
1909 positions (11.2% of SCHB) are unique to SCHB, led by MRVL, SNOW and NET. In the other direction, 6 positions (0.1% of VOO) are unique to VOO.