SCHD vs VTV: Holdings Overlap
SCHDSchwab U.S. Dividend Equity ETF
Schwab · 99 holdings · $105.7B · as of 2026-05-31
Vanguard · 311 holdings · $191.4B · as of 2026-03-31
Holdings snapshots are 61 days apart (SCHD: 2026-05-31, VTV: 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 VTV?
Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99 positions; Vanguard Value Index Fund (VTV, by Vanguard) holds 311. They have 40 holdings in common, and by portfolio weight the two funds are 18.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 18.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 40SCHD holds 99 · VTV holds 311
- Weight in Shared Holdings
- SCHD 92%·VTV 18%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
59 of 99 positions (7.9% of the fund) are not held by VTV. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHD | VTV |
|---|---|---|
| Financials | 9.0% | 21.9% |
| Consumer Staples | 18.4% | 9.5% |
| Health Care | 18.3% | 15.3% |
| Information Technology | 15.8% | 9.9% |
| Energy | 14.6% | 8.7% |
| Other Sectors | 23.6% | 33.4% |
| Unclassified | 0.0% | 0.6% |
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 (0% of SCHD, 1% of VTV).
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% |
| VTV | +2.2% | +18.7% | +29.5% | +18.0% | +12.5% | +12.6% | 1.82% |
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 VTV →
Shared Holdings(40)
The top 10 shared positions account for 59% of the overlap, led by CVX, PG and HD.
 CVXChevron Corp. COM | 3.83% | 1.61% | 1.61% |
|---|---|---|---|
 PGThe Procter & Gamble Co. COM | 3.55% | 1.38% | 1.38% |
 HDHome Depot, Inc. (The) | 3.36% | 1.34% | 1.34% |
 MRKMerck & Co., Inc COM | 3.86% | 1.22% | 1.22% |
 KOCoca-Cola Co (The) COM | 3.96% | 1.07% | 1.07% |
 UNHUnitedHealth Group Inc. COM | 5.09% | 1.00% | 1.00% |
 PEPPepsico Inc COM | 3.44% | 0.87% | 0.87% |
 VZVerizon Communications Inc. COM | 3.65% | 0.78% | 0.78% |
 AMGNAmgen Inc. COM | 3.47% | 0.78% | 0.78% |
 ABTAbbott Laboratories COM | 2.96% | 0.73% | 0.73% |
 COPConocoPhillips COM | 3.51% | 0.66% | 0.66% |
 LMTLockheed Martin Corporation COM | 2.70% | 0.57% | 0.57% |
 QCOMQUALCOMM Inc. COM | 6.74% | 0.56% | 0.56% |
 BMYBristol-Myers Squibb Company COM | 2.93% | 0.51% | 0.51% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 2.90% | 0.50% | 0.50% |
 MOAltria Group, Inc. COM | 2.94% | 0.45% | 0.45% |
 CMCSAComcast Corporation CL A | 2.25% | 0.42% | 0.42% |
 TXNTexas Instruments Inc. COM | 5.90% | 0.36% | 0.36% |
 ADPAutomatic Data Processing, Inc. COM | 2.25% | 0.34% | 0.34% |
 EOGEOG Resources Inc. COM | 1.82% | 0.32% | 0.32% |
 SLBSLB Ltd. COM USD0.01 | 2.05% | 0.31% | 0.31% |
 UPSUnited Parcel Service, Inc., Class B | 1.98% | 0.30% | 0.30% |
 OKEOneok Inc. COM | 1.33% | 0.23% | 0.23% |
 TGTTarget Corp. COM | 1.45% | 0.22% | 0.22% |
 FFord Motor Company COM | 1.72% | 0.19% | 0.19% |
Frequently Asked Questions
How much do SCHD and VTV overlap?
SCHD and VTV overlap by 18.4% of portfolio weight. They share 40 holdings (SCHD holds 99 positions and VTV holds 311), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHD and VTV?
The two portfolios are 18.4% 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 VTV?
The largest positions held by both funds are CVX, PG, HD, MRK and KO. Together the top 10 shared positions account for 59% of the total overlap.
What does SCHD own that VTV doesn't?
59 positions (7.9% of SCHD) are unique to SCHD, led by FAST, ARES and EWBC. In the other direction, 271 positions (81.0% of VTV) are unique to VTV.