SCHD vs TDIV: Holdings Overlap
SCHDSchwab U.S. Dividend Equity ETF
Schwab · 99 holdings · $105.7B · as of 2026-05-31
TDIVFirst Trust NASDAQ Technology Dividend Index Fund
First Trust · 95 holdings · $4.4B · as of 2026-03-31
Holdings snapshots are 61 days apart (SCHD: 2026-05-31, TDIV: 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 SCHD and TDIV?
Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99 positions; First Trust NASDAQ Technology Dividend Index Fund (TDIV, by First Trust) holds 95. They have 5 holdings in common, and by portfolio weight the two funds are 14.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5SCHD holds 99 · TDIV holds 95
- Weight in Shared Holdings
- SCHD 19%·TDIV 16%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 SCHD
94 of 99 positions (80.9% of the fund) are not held by TDIV. Showing the top 30 by weight.
Only in TDIV
90 of 95 positions (83.8% of the fund) are not held by SCHD. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHD | TDIV |
|---|---|---|
| Information Technology | 15.8% | 80.7% |
| Consumer Staples | 18.4% | 0.0% |
| Health Care | 18.3% | 0.0% |
| Energy | 14.6% | 0.0% |
| Communication Services | 6.0% | 14.1% |
| Other Sectors | 26.6% | 2.1% |
| Unclassified | 0.0% | 2.9% |
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 (0% of SCHD, 3% of TDIV).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SCHD | +4.2% | +25.6% | +31.4% | +14.9% | +9.7% | +12.8% | 3.09% |
| TDIV | +4.3% | +21.7% | +31.1% | +27.8% | +17.1% | +17.5% | 1.29% |
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 SCHD vs TDIV →
Shared Holdings(5)
The top 5 shared positions account for 100% of the overlap, led by TXN, QCOM and VZ.
Frequently Asked Questions
How much do SCHD and TDIV overlap?
SCHD and TDIV overlap by 14.0% of portfolio weight. They share 5 holdings (SCHD holds 99 positions and TDIV holds 95), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHD and TDIV?
The two portfolios are 14.0% 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 SCHD and TDIV?
The largest positions held by both funds are TXN, QCOM, VZ, CMCSA and SWKS. Together the top 5 shared positions account for 100% of the total overlap.
What does SCHD own that TDIV doesn't?
94 positions (80.9% of SCHD) are unique to SCHD, led by UNH, KO and MRK. In the other direction, 90 positions (83.8% of TDIV) are unique to TDIV.