SCHV vs IWD: Holdings Overlap
SCHVSchwab U.S. Large-Cap Value ETF
Schwab · 555 holdings · $16.1B · as of 2026-05-31
IWDiShares Russell 1000 Value ETF
iShares · 866 holdings · $83.6B · as of 2026-03-31
Holdings snapshots are 61 days apart (SCHV: 2026-05-31, IWD: 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 SCHV and IWD?
Schwab U.S. Large-Cap Value ETF (SCHV, by Schwab) holds 555 positions; iShares Russell 1000 Value ETF (IWD, by iShares) holds 866. They have 500 holdings in common, and by portfolio weight the two funds are 74.3% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 74.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 500SCHV holds 555 · IWD holds 866
- Weight in Shared Holdings
- SCHV 90%·IWD 77%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 SCHV
55 of 555 positions (9.4% of the fund) are not held by IWD. Showing the top 30 by weight.
Only in IWD
366 of 866 positions (22.7% of the fund) are not held by SCHV. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHV | IWD |
|---|---|---|
| Information Technology | 21.3% | 11.7% |
| Financials | 18.9% | 20.0% |
| Industrials | 14.0% | 13.4% |
| Health Care | 10.8% | 11.7% |
| Consumer Staples | 8.3% | 7.5% |
| Other Sectors | 26.4% | 35.6% |
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 |
|---|---|---|---|---|---|---|---|
| SCHV | +1.5% | +18.8% | +27.7% | +17.6% | +10.9% | +11.4% | 1.75% |
| IWD | +4.0% | +23.3% | +34.5% | +19.0% | +11.9% | +11.7% | 1.36% |
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 SCHV vs IWD →
Shared Holdings(500)
The top 10 shared positions account for 22% of the overlap, led by BRK-B, JPM and XOM.
 BRK-BBerkshire Hathaway, Inc., Class B | 2.82% | 2.91% | 2.82% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 2.62% | 2.63% | 2.62% |
 XOMExxon Mobil Corp. COM | 1.97% | 2.36% | 1.97% |
 JNJJohnson & Johnson COM | 1.76% | 1.94% | 1.76% |
 WMTWalmart Inc COM | 1.65% | 1.60% | 1.60% |
 MUMicron Technology Inc. COM | 3.54% | 1.24% | 1.24% |
 CVXChevron Corp. COM | 1.11% | 1.28% | 1.11% |
 PGThe Procter & Gamble Co. COM | 1.08% | 1.12% | 1.08% |
 CSCOCisco Systems, Inc. COM | 1.54% | 1.02% | 1.02% |
 BACBank of America Corp. COM | 1.11% | 0.97% | 0.97% |
 MRKMerck & Co., Inc COM | 0.96% | 0.98% | 0.96% |
 CATCaterpillar Inc COM | 1.32% | 0.95% | 0.95% |
 PMPhilip Morris International Inc. COM | 0.90% | 0.85% | 0.85% |
 RTXRTX Corp. COM | 0.78% | 0.85% | 0.78% |
 WFCWells Fargo & Co. COM | 0.78% | 0.81% | 0.78% |
 GSGoldman Sachs Group, Inc. (The) | 1.00% | 0.77% | 0.77% |
 IBMInternational Business Machines Corp. COM | 0.90% | 0.74% | 0.74% |
 VZVerizon Communications Inc. COM | 0.65% | 0.70% | 0.65% |
 MCDMcDonald's Corp. COM | 0.64% | 0.69% | 0.64% |
 INTCIntel Corporation COM | 1.75% | 0.64% | 0.64% |
 AMATApplied Materials Inc. COM | 1.16% | 0.64% | 0.64% |
 MSMorgan Stanley COM NEW | 0.81% | 0.61% | 0.61% |
 PEPPepsico Inc COM | 0.64% | 0.60% | 0.60% |
 NEENextEra Energy Inc COM | 0.59% | 0.64% | 0.59% |
 TAT&T Inc COM | 0.56% | 0.66% | 0.56% |
Showing the top 250 of 500 shared holdings by overlap weight.
Frequently Asked Questions
How much do SCHV and IWD overlap?
SCHV and IWD overlap by 74.3% of portfolio weight. They share 500 holdings (SCHV holds 555 positions and IWD holds 866), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHV and IWD?
The two portfolios are 74.3% 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 SCHV and IWD?
The largest positions held by both funds are BRK-B, JPM, XOM, JNJ and WMT. Together the top 10 shared positions account for 22% of the total overlap.
What does SCHV own that IWD doesn't?
55 positions (9.4% of SCHV) are unique to SCHV, led by LRCX, ABBV and ORCL. In the other direction, 366 positions (22.7% of IWD) are unique to IWD.