SCHG vs SPLG: Holdings Overlap
SCHGSchwab U.S. Large-Cap Growth ETF
Schwab · 193 holdings · $62.4B · as of 2026-05-31
SPLGState Street® SPDR® Portfolio S&P 500® ETF
State Street (SPDR) · 504 holdings · $157.4B · as of 2026-08-06
Holdings snapshots are 67 days apart (SCHG: 2026-05-31, SPLG: 2026-08-06). 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 SPLG?
Schwab U.S. Large-Cap Growth ETF (SCHG, by Schwab) holds 193 positions; State Street® SPDR® Portfolio S&P 500® ETF (SPLG, by State Street (SPDR)) holds 504. They have 121 holdings in common, and by portfolio weight the two funds are 54.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 54.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 121SCHG holds 193 · SPLG holds 504
- Weight in Shared Holdings
- SCHG 95%·SPLG 55%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
72 of 193 positions (4.6% of the fund) are not held by SPLG. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHG | SPLG |
|---|---|---|
| Information Technology | 45.9% | 37.6% |
| Communication Services | 15.3% | 9.7% |
| Consumer Discretionary | 12.3% | 9.3% |
| Financials | 6.8% | 12.3% |
| Health Care | 8.4% | 8.9% |
| Other Sectors | 11.2% | 22.1% |
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% |
| SPLG | +3.4% | +14.1% | +23.7% | +21.3% | +13.4% | +15.4% | 1.00% |
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 SPLG →
Shared Holdings(121)
The top 10 shared positions account for 69% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 11.01% | 8.00% | 8.00% |
|---|---|---|---|
 AAPLApple Inc. COM | 9.83% | 6.92% | 6.92% |
 MSFTMicrosoft Corp. COM | 7.17% | 5.60% | 5.60% |
 AMZNAmazon.com, Inc. COM | 5.67% | 4.02% | 4.02% |
 GOOGLAlphabet Inc. CAP STK CL A | 4.75% | 3.16% | 3.16% |
 AVGOBroadcom Inc COM | 4.55% | 3.00% | 3.00% |
 GOOGAlphabet Inc. CAP STK CL C | 3.78% | 2.54% | 2.54% |
 METAMeta Platforms, Inc., Class A | 3.45% | 1.95% | 1.95% |
 LLYEli Lilly & Co. COM | 3.05% | 1.42% | 1.42% |
 TSLATesla Inc COM | 3.91% | 1.36% | 1.36% |
 AMDAdvanced Micro Devices Inc. COM | 2.93% | 1.20% | 1.20% |
 VVisa, Inc., Class A | 1.92% | 0.93% | 0.93% |
 MAMasterCard Incorporated CL A | 1.40% | 0.70% | 0.70% |
 COSTCostco Wholesale Corporation COM | 1.48% | 0.63% | 0.63% |
 GEGeneral Electric Co. | 1.18% | 0.59% | 0.59% |
 UNHUnitedHealth Group Inc. COM | 1.20% | 0.55% | 0.55% |
 PLTRPalantir Technologies, Inc., Class A | 1.25% | 0.54% | 0.54% |
 NFLXNetflix, Inc. COM | 1.27% | 0.47% | 0.47% |
 PANWPalo Alto Networks Inc COM | 0.79% | 0.44% | 0.44% |
 GEVGE Vernova Inc. COM | 0.91% | 0.41% | 0.41% |
 KLACKLA Corp. COM NEW | 0.88% | 0.38% | 0.38% |
 LINLinde PLC COM EUR0.001 | 0.81% | 0.34% | 0.34% |
 TMOThermo Fisher Scientific Inc COM | 0.65% | 0.32% | 0.32% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.64% | 0.32% | 0.32% |
 ANETArista Networks Inc COM SHS | 0.57% | 0.30% | 0.30% |
Frequently Asked Questions
How much do SCHG and SPLG overlap?
SCHG and SPLG overlap by 54.9% of portfolio weight. They share 121 holdings (SCHG holds 193 positions and SPLG holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHG and SPLG?
The two portfolios are 54.9% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of SCHG and SPLG?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 69% of the total overlap.
What does SCHG own that SPLG doesn't?
72 positions (4.6% of SCHG) are unique to SCHG, led by SNOW, NET and RKLB. In the other direction, 383 positions (45.0% of SPLG) are unique to SPLG.