SCHF vs SPDW: Holdings Overlap
SCHFSchwab International Equity ETF
Schwab · 1476 holdings · $67.5B · as of 2026-05-31
SPDWState Street® SPDR® Portfolio Developed World ex-US ETF
State Street (SPDR) · 2342 holdings · $40.5B · as of 2026-08-04
Holdings snapshots are 65 days apart (SCHF: 2026-05-31, SPDW: 2026-08-04). 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 SCHF and SPDW?
Schwab International Equity ETF (SCHF, by Schwab) holds 1476 positions; State Street® SPDR® Portfolio Developed World ex-US ETF (SPDW, by State Street (SPDR)) holds 2342. They have 1287 holdings in common, and by portfolio weight the two funds are 82.7% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 82.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1287SCHF holds 1476 · SPDW holds 2342
- Weight in Shared Holdings
- SCHF 95%·SPDW 88%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 SCHF
189 of 1476 positions (4.4% of the fund) are not held by SPDW. Showing the top 30 by weight.
Only in SPDW
1055 of 2342 positions (10.5% of the fund) are not held by SCHF. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHF | SPDW |
|---|---|---|
| Financials | 21.7% | 21.9% |
| Information Technology | 15.5% | 12.6% |
| Industrials | 14.5% | 13.2% |
| Health Care | 7.1% | 6.3% |
| Materials | 6.4% | 5.9% |
| Other Sectors | 22.6% | 21.5% |
| Unclassified | 11.5% | 17.3% |
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. “Unclassified” is weight we could not classify (12% of SCHF, 18% of SPDW).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SCHF | +2.7% | +18.1% | +30.6% | +20.0% | +10.5% | +10.4% | 2.99% |
| SPDW | +3.1% | +17.9% | +30.1% | +19.9% | +10.1% | +10.3% | 2.94% |
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 SCHF vs SPDW →
Shared Holdings(1287)
The top 10 shared positions account for 12% of the overlap, led by ASML, 000660 and HSBA.
 ASMLASML Holding NV | 2.10% | 1.96% | 1.96% |
|---|---|---|---|
 000660SK hynix Inc | 2.81% | 1.68% | 1.68% |
 HSBAHSBC Holdings PLC | 1.08% | 1.03% | 1.03% |
 ROPRoche Holding AG | 0.99% | 0.93% | 0.93% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.90% | 0.87% | 0.87% |
 NOVNNovartis AG (Registered) | 0.97% | 0.83% | 0.83% |
 NESNNestle SA (Registered) | 0.88% | 0.76% | 0.76% |
 SHELShell PLC | 0.80% | 0.76% | 0.76% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.93% | 0.73% | 0.73% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.69% | 0.81% | 0.69% |
 SIESiemens AG (Registered) | 0.77% | 0.68% | 0.68% |
 7203Toyota Motor Corp. NPV | 0.68% | 0.67% | 0.67% |
 BHPBHP Group Ltd. | 0.74% | 0.66% | 0.66% |
 CBACommonwealth Bank of Australia | 0.66% | 0.62% | 0.62% |
 SANBanco Santander SA | 0.61% | 0.64% | 0.61% |
 TDThe Toronto-Dominion Bank COM NEW | 0.64% | 0.59% | 0.59% |
 SAPSAP SE | 0.62% | 0.59% | 0.59% |
 SUSchneider Electric SE | 0.57% | 0.57% | 0.57% |
 ALVAllianz SE (Registered) | 0.57% | 0.56% | 0.56% |
 RR-Rolls-Royce Holdings PLC | 0.51% | 0.54% | 0.51% |
 TTETotalEnergies SE EUR2.5 | 0.53% | 0.51% | 0.51% |
 UBSGUBS Group AG (Registered) | 0.50% | 0.50% | 0.50% |
 SHOPShopify, Inc., Class A | 0.49% | 0.53% | 0.49% |
 8035Tokyo Electron Ltd. NPV | 0.49% | 0.49% | 0.49% |
 ABBNABB Ltd. (Registered) | 0.56% | 0.48% | 0.48% |
Showing the top 250 of 1287 shared holdings by overlap weight.
Frequently Asked Questions
How much do SCHF and SPDW overlap?
SCHF and SPDW overlap by 82.7% of portfolio weight. They share 1287 holdings (SCHF holds 1476 positions and SPDW holds 2342), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHF and SPDW?
The two portfolios are 82.7% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of SCHF and SPDW?
The largest positions held by both funds are ASML, 000660, HSBA, ROP and RY. Together the top 10 shared positions account for 12% of the total overlap.
What does SCHF own that SPDW doesn't?
189 positions (4.4% of SCHF) are unique to SCHF, led by SAN, WBC and 8031. In the other direction, 1055 positions (10.5% of SPDW) are unique to SPDW.