SCHG vs SMH: Holdings Overlap
SCHGSchwab U.S. Large-Cap Growth ETF
Schwab · 193 holdings · $62.4B · as of 2026-05-31
VanEck · 25 holdings · $71.5B · as of 2026-03-31
Holdings snapshots are 61 days apart (SCHG: 2026-05-31, SMH: 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 SCHG and SMH?
Schwab U.S. Large-Cap Growth ETF (SCHG, by Schwab) holds 193 positions; VanEck Semiconductor ETF (SMH, by VanEck) holds 25. They have 8 holdings in common, and by portfolio weight the two funds are 20.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 20.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8SCHG holds 193 · SMH holds 25
- Weight in Shared Holdings
- SCHG 20%·SMH 43%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 SCHG
185 of 193 positions (79.4% of the fund) are not held by SMH. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHG | SMH |
|---|---|---|
| Information Technology | 45.9% | 99.9% |
| Communication Services | 15.3% | 0.0% |
| Consumer Discretionary | 12.3% | 0.0% |
| Health Care | 8.4% | 0.0% |
| Financials | 6.8% | 0.0% |
| Other Sectors | 11.2% | 0.0% |
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 |
|---|---|---|---|---|---|---|---|
| SCHG | +4.3% | +9.9% | +19.1% | +24.1% | +14.0% | +18.6% | 0.37% |
| SMH | +0.2% | +61.8% | +100.8% | +55.9% | +34.9% | +34.9% | 0.19% |
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 SCHG vs SMH →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by NVDA, AVGO and AMD.
 NVDANVIDIA Corp | 11.01% | 19.64% | 11.01% |
|---|---|---|---|
 AVGOBroadcom Inc | 4.55% | 7.79% | 4.55% |
 AMDAdvanced Micro Devices Inc | 2.93% | 4.68% | 2.93% |
 KLACKLA Corp | 0.88% | 4.74% | 0.88% |
 CDNSCadence Design Systems Inc | 0.36% | 2.43% | 0.36% |
 SNPSSynopsys Inc | 0.32% | 2.50% | 0.32% |
 MPWRMonolithic Power Systems Inc | 0.27% | 1.23% | 0.27% |
 ALABAstera Labs Inc | 0.16% | 0.44% | 0.16% |
Frequently Asked Questions
How much do SCHG and SMH overlap?
SCHG and SMH overlap by 20.5% of portfolio weight. They share 8 holdings (SCHG holds 193 positions and SMH holds 25), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHG and SMH?
The two portfolios are 20.5% 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 SCHG and SMH?
The largest positions held by both funds are NVDA, AVGO, AMD, KLAC and CDNS. Together the top 8 shared positions account for 100% of the total overlap.
What does SCHG own that SMH doesn't?
185 positions (79.4% of SCHG) are unique to SCHG, led by AAPL, MSFT and AMZN. In the other direction, 17 positions (56.5% of SMH) are unique to SMH.