SCHX vs SPLG: Holdings Overlap
Schwab · 748 holdings · $74.3B · 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 (SCHX: 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 SCHX and SPLG?
Schwab U.S. Large-Cap ETF (SCHX, by Schwab) holds 748 positions; State Street® SPDR® Portfolio S&P 500® ETF (SPLG, by State Street (SPDR)) holds 504. They have 493 holdings in common, and by portfolio weight the two funds are 91.5% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 91.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 493SCHX holds 748 · SPLG holds 504
- Weight in Shared Holdings
- SCHX 94%·SPLG 98%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
255 of 748 positions (6.2% of the fund) are not held by SPLG. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHX | SPLG |
|---|---|---|
| Information Technology | 37.4% | 37.6% |
| Financials | 11.4% | 12.3% |
| Communication Services | 10.3% | 9.7% |
| Consumer Discretionary | 9.7% | 9.3% |
| Industrials | 9.1% | 8.8% |
| Other Sectors | 22.0% | 22.3% |
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% |
| 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 SCHX vs SPLG →
Shared Holdings(493)
The top 10 shared positions account for 40% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.50% | 8.00% | 7.50% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.69% | 6.92% | 6.69% |
 MSFTMicrosoft Corp. COM | 4.88% | 5.60% | 4.88% |
 AMZNAmazon.com, Inc. COM | 3.86% | 4.02% | 3.86% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.23% | 3.16% | 3.16% |
 AVGOBroadcom Inc COM | 3.10% | 3.00% | 3.00% |
 GOOGAlphabet Inc. CAP STK CL C | 2.57% | 2.54% | 2.54% |
 METAMeta Platforms, Inc., Class A | 2.02% | 1.95% | 1.95% |
 MUMicron Technology Inc. COM | 1.60% | 1.50% | 1.50% |
 TSLATesla Inc COM | 1.79% | 1.36% | 1.36% |
 LLYEli Lilly & Co. COM | 1.28% | 1.42% | 1.28% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.27% | 1.45% | 1.27% |
 AMDAdvanced Micro Devices Inc. COM | 1.23% | 1.20% | 1.20% |
 JPMJPMorgan Chase & Co. COM | 1.18% | 1.44% | 1.18% |
 VVisa, Inc., Class A | 0.80% | 0.93% | 0.80% |
 JNJJohnson & Johnson COM | 0.79% | 0.93% | 0.79% |
 WMTWalmart Inc COM | 0.74% | 0.74% | 0.74% |
 INTCIntel Corporation COM | 0.79% | 0.71% | 0.71% |
 CSCOCisco Systems, Inc. COM | 0.70% | 0.72% | 0.70% |
 COSTCostco Wholesale Corporation COM | 0.62% | 0.63% | 0.62% |
 CATCaterpillar Inc COM | 0.60% | 0.59% | 0.59% |
 MAMasterCard Incorporated CL A | 0.59% | 0.70% | 0.59% |
 LRCXLam Research Corporation COM NEW | 0.58% | 0.58% | 0.58% |
 ABBVAbbVie Inc. COM | 0.56% | 0.65% | 0.56% |
 PLTRPalantir Technologies, Inc., Class A | 0.52% | 0.54% | 0.52% |
Showing the top 250 of 493 shared holdings by overlap weight.
Frequently Asked Questions
How much do SCHX and SPLG overlap?
SCHX and SPLG overlap by 91.5% of portfolio weight. They share 493 holdings (SCHX holds 748 positions and SPLG holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHX and SPLG?
The two portfolios are 91.5% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of SCHX and SPLG?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 40% of the total overlap.
What does SCHX own that SPLG doesn't?
255 positions (6.2% of SCHX) are unique to SCHX, led by XOM, HON and SNOW. In the other direction, 11 positions (1.6% of SPLG) are unique to SPLG.