SCHX vs SMH: Holdings Overlap
Schwab · 748 holdings · $74.3B · as of 2026-05-31
VanEck · 25 holdings · $71.5B · as of 2026-03-31
Holdings snapshots are 61 days apart (SCHX: 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 SCHX and SMH?
Schwab U.S. Large-Cap ETF (SCHX, by Schwab) holds 748 positions; VanEck Semiconductor ETF (SMH, by VanEck) holds 25. They have 21 holdings in common, and by portfolio weight the two funds are 17.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 17.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 21SCHX holds 748 · SMH holds 25
- Weight in Shared Holdings
- SCHX 18%·SMH 81%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 SCHX
727 of 748 positions (82.0% of the fund) are not held by SMH. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHX | SMH |
|---|---|---|
| Information Technology | 37.4% | 99.9% |
| Financials | 11.4% | 0.0% |
| Communication Services | 10.3% | 0.0% |
| Consumer Discretionary | 9.7% | 0.0% |
| Industrials | 9.1% | 0.0% |
| Other Sectors | 22.0% | 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 |
|---|---|---|---|---|---|---|---|
| SCHX | +3.5% | +14.0% | +23.2% | +21.2% | +12.8% | +15.3% | 0.99% |
| 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 SCHX vs SMH →
Shared Holdings(21)
The top 10 shared positions account for 92% of the overlap, led by NVDA, AVGO and MU.
 NVDANVIDIA Corp | 7.50% | 19.64% | 7.50% |
|---|---|---|---|
 AVGOBroadcom Inc | 3.10% | 7.79% | 3.10% |
 MUMicron Technology Inc | 1.60% | 4.23% | 1.60% |
 AMDAdvanced Micro Devices Inc | 1.23% | 4.68% | 1.23% |
 INTCIntel Corp | 0.79% | 4.34% | 0.79% |
 LRCXLam Research Corp | 0.58% | 4.60% | 0.58% |
 AMATApplied Materials Inc | 0.52% | 4.59% | 0.52% |
 TXNTexas Instruments Inc | 0.41% | 4.61% | 0.41% |
 QCOMQUALCOMM Inc | 0.39% | 4.09% | 0.39% |
 KLACKLA Corp | 0.37% | 4.74% | 0.37% |
 ADIAnalog Devices Inc | 0.30% | 4.70% | 0.30% |
 MRVLMarvell Technology Inc | 0.26% | 2.35% | 0.26% |
 CDNSCadence Design Systems Inc | 0.15% | 2.43% | 0.15% |
 SNPSSynopsys Inc | 0.13% | 2.50% | 0.13% |
 NXPINXP Semiconductors NV | 0.12% | 1.24% | 0.12% |
 MPWRMonolithic Power Systems Inc | 0.11% | 1.23% | 0.11% |
 TERTeradyne Inc | 0.09% | 1.41% | 0.09% |
 MCHPMicrochip Technology Inc | 0.07% | 1.00% | 0.07% |
 ONON Semiconductor Corp | 0.07% | 0.60% | 0.07% |
 ALABAstera Labs Inc | 0.07% | 0.44% | 0.07% |
 SWKSSkyworks Solutions Inc | 0.02% | 0.21% | 0.02% |
Frequently Asked Questions
How much do SCHX and SMH overlap?
SCHX and SMH overlap by 17.9% of portfolio weight. They share 21 holdings (SCHX holds 748 positions and SMH holds 25), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHX and SMH?
The two portfolios are 17.9% 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 SCHX and SMH?
The largest positions held by both funds are NVDA, AVGO, MU, AMD and INTC. Together the top 10 shared positions account for 92% of the total overlap.
What does SCHX own that SMH doesn't?
727 positions (82.0% of SCHX) are unique to SCHX, led by AAPL, MSFT and AMZN. In the other direction, 4 positions (18.5% of SMH) are unique to SMH.