SCHD vs VYM: Holdings Overlap
SCHDSchwab U.S. Dividend Equity ETF
Schwab · 99 holdings · $105.7B · as of 2026-05-31
VYMVanguard High Dividend Yield Index Fund
Vanguard · 608 holdings · $83.4B · as of 2026-04-30
Holdings snapshots are 31 days apart (SCHD: 2026-05-31, VYM: 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 VYM?
Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99 positions; Vanguard High Dividend Yield Index Fund (VYM, by Vanguard) holds 608. They have 80 holdings in common, and by portfolio weight the two funds are 21.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 21.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 80SCHD holds 99 · VYM holds 608
- Weight in Shared Holdings
- SCHD 99%·VYM 21%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
19 of 99 positions (0.7% of the fund) are not held by VYM.
Sector Breakdown
| Sector | SCHD | VYM |
|---|---|---|
| Financials | 9.0% | 20.6% |
| Consumer Staples | 18.4% | 8.1% |
| Health Care | 18.3% | 12.1% |
| Information Technology | 15.8% | 16.7% |
| Energy | 14.6% | 9.7% |
| Other Sectors | 23.6% | 32.2% |
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% |
| VYM | +3.1% | +16.8% | +26.1% | +18.1% | +12.5% | +11.9% | 2.19% |
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 VYM →
Shared Holdings(80)
The top 10 shared positions account for 55% of the overlap, led by CVX, PG and UNH.
 CVXChevron Corp. COM | 3.83% | 1.51% | 1.51% |
|---|---|---|---|
 PGThe Procter & Gamble Co. COM | 3.55% | 1.44% | 1.44% |
 UNHUnitedHealth Group Inc. COM | 5.09% | 1.40% | 1.40% |
 HDHome Depot, Inc. (The) | 3.36% | 1.36% | 1.36% |
 KOCoca-Cola Co (The) COM | 3.96% | 1.28% | 1.28% |
 MRKMerck & Co., Inc COM | 3.86% | 1.13% | 1.13% |
 TXNTexas Instruments Inc. COM | 5.90% | 1.06% | 1.06% |
 PEPPepsico Inc COM | 3.44% | 0.90% | 0.90% |
 VZVerizon Communications Inc. COM | 3.65% | 0.84% | 0.84% |
 QCOMQUALCOMM Inc. COM | 6.74% | 0.80% | 0.80% |
 AMGNAmgen Inc. COM | 3.47% | 0.71% | 0.71% |
 ABTAbbott Laboratories COM | 2.96% | 0.65% | 0.65% |
 COPConocoPhillips COM | 3.51% | 0.65% | 0.65% |
 BMYBristol-Myers Squibb Company COM | 2.93% | 0.51% | 0.51% |
 MOAltria Group, Inc. COM | 2.94% | 0.51% | 0.51% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 2.90% | 0.46% | 0.46% |
 LMTLockheed Martin Corporation COM | 2.70% | 0.44% | 0.44% |
 CMCSAComcast Corporation CL A | 2.25% | 0.41% | 0.41% |
 BXBlackstone Inc., Class A | 2.20% | 0.39% | 0.39% |
 ADPAutomatic Data Processing, Inc. COM | 2.25% | 0.36% | 0.36% |
 SLBSLB Ltd. COM USD0.01 | 2.05% | 0.36% | 0.36% |
 UPSUnited Parcel Service, Inc., Class B | 1.98% | 0.33% | 0.33% |
 EOGEOG Resources Inc. COM | 1.82% | 0.32% | 0.32% |
 TGTTarget Corp. COM | 1.45% | 0.25% | 0.25% |
 OKEOneok Inc. COM | 1.33% | 0.24% | 0.24% |
Frequently Asked Questions
How much do SCHD and VYM overlap?
SCHD and VYM overlap by 21.3% of portfolio weight. They share 80 holdings (SCHD holds 99 positions and VYM holds 608), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHD and VYM?
The two portfolios are 21.3% 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 VYM?
The largest positions held by both funds are CVX, PG, UNH, HD and KO. Together the top 10 shared positions account for 55% of the total overlap.
What does SCHD own that VYM doesn't?
19 positions (0.7% of SCHD) are unique to SCHD, led by ERIE, FHI and OFG. In the other direction, 528 positions (78.2% of VYM) are unique to VYM.