SCHM vs VTWO: Holdings Overlap
Schwab · 496 holdings · $15.1B · as of 2026-05-31
VTWOVanguard Russell 2000 Index Fund
Vanguard · 1952 holdings · $17.4B · as of 2026-05-31
How similar are SCHM and VTWO?
Schwab U.S. Mid-Cap ETF (SCHM, by Schwab) holds 496 positions; Vanguard Russell 2000 Index Fund (VTWO, by Vanguard) holds 1952. They have 68 holdings in common, and by portfolio weight the two funds are 11.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 11.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 68SCHM holds 496 · VTWO holds 1952
- Weight in Shared Holdings
- SCHM 11%·VTWO 17%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 SCHM
428 of 496 positions (88.7% of the fund) are not held by VTWO. Showing the top 30 by weight.
Only in VTWO
1884 of 1952 positions (82.7% of the fund) are not held by SCHM. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHM | VTWO |
|---|---|---|
| Industrials | 22.5% | 19.4% |
| Information Technology | 20.2% | 17.8% |
| Health Care | 10.8% | 15.5% |
| Financials | 11.7% | 14.3% |
| Consumer Discretionary | 9.5% | 7.3% |
| Other Sectors | 25.0% | 20.8% |
| Unclassified | 0.2% | 4.8% |
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. “Unclassified” is weight we could not classify (0% of SCHM, 5% of VTWO).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SCHM | +1.6% | +20.7% | +28.9% | +15.8% | +8.2% | +11.2% | 1.22% |
| VTWO | +1.8% | +23.1% | +38.8% | +17.3% | +7.7% | +11.0% | 1.07% |
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 SCHM vs VTWO →
Shared Holdings(68)
The top 10 shared positions account for 43% of the overlap, led by BE, STRL and IONQ.
 BEBloom Energy Corporation COM CL A | 1.36% | 1.83% | 1.36% |
|---|---|---|---|
 STRLSterling Infrastructure Inc COM | 0.49% | 0.75% | 0.49% |
 IONQIonq Inc COM | 0.47% | 0.63% | 0.47% |
 FNFabrinet COM USD0.01 | 0.43% | 0.69% | 0.43% |
 NXTNextpower Inc. CLASS A COM | 0.43% | 0.67% | 0.43% |
 CDECoeur Mining Inc COM NEW | 0.37% | 0.58% | 0.37% |
 GHGuardant Health Inc COM | 0.31% | 0.47% | 0.31% |
 RMBSRambus Inc. COM | 0.29% | 0.46% | 0.29% |
 DYDycom Industries, Inc. COM | 0.28% | 0.44% | 0.28% |
 MODModine Manufacturing Co. COM | 0.27% | 0.43% | 0.27% |
 KTOSKratos Defense & Security Solutions, Inc. COM NEW | 0.22% | 0.34% | 0.22% |
 BBIOBridgebio Pharma Inc COM | 0.21% | 0.31% | 0.21% |
 SPXCSPX Technologies, Inc. COM | 0.20% | 0.31% | 0.20% |
 CYTKCytokinetics Incorporated | 0.19% | 0.29% | 0.19% |
 ENSGEnsign Group, Inc. (The) | 0.18% | 0.28% | 0.18% |
 UMBFUMB Financial Corporation | 0.17% | 0.28% | 0.17% |
| Chart Industries Inc COM | 0.17% | 0.28% | 0.17% |
 MDGLMadrigal Pharmaceuticals Inc COM | 0.17% | 0.25% | 0.17% |
 CTRECaretrust Reit Inc COM | 0.17% | 0.27% | 0.17% |
 WTSWatts Water Technologies, Inc., Class A | 0.16% | 0.25% | 0.16% |
 CMCCommercial Metals Company COM | 0.16% | 0.25% | 0.16% |
 ONBOld National Bancorp COM | 0.15% | 0.25% | 0.15% |
 OKLOOklo, Inc., Class A | 0.15% | 0.24% | 0.15% |
 HQYHealthequity Inc COM | 0.14% | 0.22% | 0.14% |
 FLRFluor Corporation COM | 0.14% | 0.22% | 0.14% |
Frequently Asked Questions
How much do SCHM and VTWO overlap?
SCHM and VTWO overlap by 11.1% of portfolio weight. They share 68 holdings (SCHM holds 496 positions and VTWO holds 1952), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHM and VTWO?
The two portfolios are 11.1% 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 SCHM and VTWO?
The largest positions held by both funds are BE, STRL, IONQ, FN and NXT. Together the top 10 shared positions account for 43% of the total overlap.
What does SCHM own that VTWO doesn't?
428 positions (88.7% of SCHM) are unique to SCHM, led by SNDK, CIEN and COHR. In the other direction, 1884 positions (82.7% of VTWO) are unique to VTWO.