SCHD vs VLUE: Holdings Overlap
SCHDSchwab U.S. Dividend Equity ETF
Schwab · 99 holdings · $105.7B · as of 2026-05-31
VLUEiShares MSCI USA Value Factor ETF
iShares · 148 holdings · $9.5B · as of 2026-04-30
Holdings snapshots are 31 days apart (SCHD: 2026-05-31, VLUE: 2026-04-30). 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 VLUE?
Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99 positions; iShares MSCI USA Value Factor ETF (VLUE, by iShares) holds 148. They have 18 holdings in common, and by portfolio weight the two funds are 15.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 18SCHD holds 99 · VLUE holds 148
- Weight in Shared Holdings
- SCHD 35%·VLUE 15%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
81 of 99 positions (64.8% of the fund) are not held by VLUE. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHD | VLUE |
|---|---|---|
| Information Technology | 15.8% | 43.9% |
| Consumer Staples | 18.4% | 4.0% |
| Health Care | 18.3% | 8.4% |
| Energy | 14.6% | 3.2% |
| Financials | 9.0% | 10.9% |
| Other Sectors | 23.6% | 29.4% |
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 |
|---|---|---|---|---|---|---|---|
| SCHD | +4.2% | +25.6% | +31.4% | +14.9% | +9.7% | +12.8% | 3.09% |
| VLUE | +3.0% | +45.7% | +77.9% | +30.1% | +16.5% | +14.7% | 1.42% |
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 VLUE →
Shared Holdings(18)
The top 10 shared positions account for 86% of the overlap, led by VZ, QCOM and MRK.
 VZVerizon Communications Inc. COM | 3.65% | 2.66% | 2.66% |
|---|---|---|---|
 QCOMQUALCOMM Inc. COM | 6.74% | 1.80% | 1.80% |
 MRKMerck & Co., Inc COM | 3.86% | 1.57% | 1.57% |
 CMCSAComcast Corporation CL A | 2.25% | 1.50% | 1.50% |
 FFord Motor Company COM | 1.72% | 1.50% | 1.50% |
 BMYBristol-Myers Squibb Company COM | 2.93% | 1.08% | 1.08% |
 ADMArcher-Daniels-Midland Co. COM | 0.96% | 0.87% | 0.87% |
 UPSUnited Parcel Service, Inc., Class B | 1.98% | 0.83% | 0.83% |
 EOGEOG Resources Inc. COM | 1.82% | 0.66% | 0.66% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 2.90% | 0.65% | 0.65% |
 TGTTarget Corp. COM | 1.45% | 0.61% | 0.61% |
 DVNDevon Energy Corporation COM | 1.29% | 0.49% | 0.49% |
 SNASnap-On Incorporated COM | 0.48% | 0.25% | 0.25% |
 BBYBest Buy Co Inc. COM | 0.38% | 0.21% | 0.21% |
 FITBFifth Third Bancorp COM | 1.13% | 0.18% | 0.18% |
 RFRegions Financial Corporation COM | 0.61% | 0.17% | 0.17% |
 PFGPrincipal Financial Group Inc. COM | 0.52% | 0.13% | 0.13% |
 FNFFidelity National Financial Inc. - FNF Group | 0.30% | 0.06% | 0.06% |
Frequently Asked Questions
How much do SCHD and VLUE overlap?
SCHD and VLUE overlap by 15.2% of portfolio weight. They share 18 holdings (SCHD holds 99 positions and VLUE holds 148), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHD and VLUE?
The two portfolios are 15.2% 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 VLUE?
The largest positions held by both funds are VZ, QCOM, MRK, CMCSA and F. Together the top 10 shared positions account for 86% of the total overlap.
What does SCHD own that VLUE doesn't?
81 positions (64.8% of SCHD) are unique to SCHD, led by TXN, UNH and KO. In the other direction, 130 positions (84.6% of VLUE) are unique to VLUE.