SCHG vs SPYG: Holdings Overlap
SCHGSchwab U.S. Large-Cap Growth ETF
Schwab · 193 holdings · $62.4B · as of 2026-05-31
SPYGState Street® SPDR® Portfolio S&P 500® Growth ETF
State Street (SPDR) · 147 holdings · $54.7B · as of 2026-08-06
Holdings snapshots are 67 days apart (SCHG: 2026-05-31, SPYG: 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 SPYG?
Schwab U.S. Large-Cap Growth ETF (SCHG, by Schwab) holds 193 positions; State Street® SPDR® Portfolio S&P 500® Growth ETF (SPYG, by State Street (SPDR)) holds 147. They have 73 holdings in common, and by portfolio weight the two funds are 65.9% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 65.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 73SCHG holds 193 · SPYG holds 147
- Weight in Shared Holdings
- SCHG 83%·SPYG 75%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
120 of 193 positions (16.5% of the fund) are not held by SPYG. Showing the top 30 by weight.
Only in SPYG
74 of 147 positions (24.6% of the fund) are not held by SCHG. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHG | SPYG |
|---|---|---|
| Information Technology | 45.9% | 52.5% |
| Communication Services | 15.3% | 15.3% |
| Consumer Discretionary | 12.3% | 8.4% |
| Financials | 6.8% | 9.0% |
| Health Care | 8.4% | 6.1% |
| Other Sectors | 11.2% | 8.8% |
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% |
| SPYG | +4.4% | +15.6% | +25.4% | +26.9% | +14.2% | +17.9% | 0.47% |
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 SPYG →
Shared Holdings(73)
The top 10 shared positions account for 75% of the overlap, led by NVDA, MSFT and AAPL.
 NVDANVIDIA Corp. COM | 11.01% | 14.58% | 11.01% |
|---|---|---|---|
 MSFTMicrosoft Corp. COM | 7.17% | 10.20% | 7.17% |
 AAPLApple Inc. COM | 9.83% | 6.30% | 6.30% |
 GOOGLAlphabet Inc. CAP STK CL A | 4.75% | 5.76% | 4.75% |
 AVGOBroadcom Inc COM | 4.55% | 5.47% | 4.55% |
 AMZNAmazon.com, Inc. COM | 5.67% | 3.88% | 3.88% |
 GOOGAlphabet Inc. CAP STK CL C | 3.78% | 4.63% | 3.78% |
 METAMeta Platforms, Inc., Class A | 3.45% | 3.56% | 3.45% |
 LLYEli Lilly & Co. COM | 3.05% | 2.59% | 2.59% |
 AMDAdvanced Micro Devices Inc. COM | 2.93% | 2.19% | 2.19% |
 TSLATesla Inc COM | 3.91% | 1.53% | 1.53% |
 PLTRPalantir Technologies, Inc., Class A | 1.25% | 0.98% | 0.98% |
 VVisa, Inc., Class A | 1.92% | 0.93% | 0.93% |
 MAMasterCard Incorporated CL A | 1.40% | 0.86% | 0.86% |
 NFLXNetflix, Inc. COM | 1.27% | 0.85% | 0.85% |
 GEVGE Vernova Inc. COM | 0.91% | 0.74% | 0.74% |
 KLACKLA Corp. COM NEW | 0.88% | 0.69% | 0.69% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.64% | 0.58% | 0.58% |
 GEGeneral Electric Co. | 1.18% | 0.56% | 0.56% |
 ANETArista Networks Inc COM SHS | 0.57% | 0.55% | 0.55% |
 PANWPalo Alto Networks Inc COM | 0.79% | 0.45% | 0.45% |
 BKNGBooking Holdings Inc COM | 0.47% | 0.44% | 0.44% |
 UBERUber Technologies Inc COM | 0.51% | 0.39% | 0.39% |
 ISRGIntuitive Surgical Inc. COM NEW | 0.53% | 0.36% | 0.36% |
 VRTVertiv Holdings Co., Class A | 0.42% | 0.29% | 0.29% |
Frequently Asked Questions
How much do SCHG and SPYG overlap?
SCHG and SPYG overlap by 65.9% of portfolio weight. They share 73 holdings (SCHG holds 193 positions and SPYG holds 147), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHG and SPYG?
The two portfolios are 65.9% 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 SCHG and SPYG?
The largest positions held by both funds are NVDA, MSFT, AAPL, GOOGL and AVGO. Together the top 10 shared positions account for 75% of the total overlap.
What does SCHG own that SPYG doesn't?
120 positions (16.5% of SCHG) are unique to SCHG, led by COST, UNH and LIN. In the other direction, 74 positions (24.6% of SPYG) are unique to SPYG.