SCHX vs XLK: Holdings Overlap
Schwab · 748 holdings · $74.3B · as of 2026-05-31
XLKState Street® Technology Select Sector SPDR® ETF
State Street (SPDR) · 73 holdings · $122.8B · as of 2026-08-06
Holdings snapshots are 67 days apart (SCHX: 2026-05-31, XLK: 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 XLK?
Schwab U.S. Large-Cap ETF (SCHX, by Schwab) holds 748 positions; State Street® Technology Select Sector SPDR® ETF (XLK, by State Street (SPDR)) holds 73. They have 71 holdings in common, and by portfolio weight the two funds are 36.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 36.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 71SCHX holds 748 · XLK holds 73
- Weight in Shared Holdings
- SCHX 36%·XLK 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
677 of 748 positions (63.6% of the fund) are not held by XLK. Showing the top 30 by weight.
Sector Breakdown
| Sector | SCHX | XLK |
|---|---|---|
| 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% |
| XLK | +4.9% | +30.9% | +43.5% | +30.7% | +20.3% | +24.4% | 0.42% |
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 XLK →
Shared Holdings(71)
The top 10 shared positions account for 76% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.50% | 14.35% | 7.50% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.69% | 12.41% | 6.69% |
 MSFTMicrosoft Corp. COM | 4.88% | 10.04% | 4.88% |
 AVGOBroadcom Inc COM | 3.10% | 5.39% | 3.10% |
 MUMicron Technology Inc. COM | 1.60% | 3.70% | 1.60% |
 AMDAdvanced Micro Devices Inc. COM | 1.23% | 4.11% | 1.23% |
 INTCIntel Corporation COM | 0.79% | 3.11% | 0.79% |
 CSCOCisco Systems, Inc. COM | 0.70% | 3.15% | 0.70% |
 LRCXLam Research Corporation COM NEW | 0.58% | 2.53% | 0.58% |
 ORCLOracle Corp. COM | 0.56% | 1.61% | 0.56% |
 PLTRPalantir Technologies, Inc., Class A | 0.52% | 2.36% | 0.52% |
 AMATApplied Materials Inc. COM | 0.52% | 2.77% | 0.52% |
 IBMInternational Business Machines Corp. COM | 0.41% | 1.45% | 0.41% |
 TXNTexas Instruments Inc. COM | 0.41% | 1.67% | 0.41% |
 QCOMQUALCOMM Inc. COM | 0.39% | 1.12% | 0.39% |
 KLACKLA Corp. COM NEW | 0.37% | 1.67% | 0.37% |
 PANWPalo Alto Networks Inc COM | 0.33% | 1.93% | 0.33% |
 ADIAnalog Devices Inc. COM | 0.30% | 1.22% | 0.30% |
 STXSeagate Technology Holdings PLC ORD SHS | 0.28% | 1.26% | 0.28% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.27% | 1.39% | 0.27% |
 APHAmphenol Corporation CL A | 0.27% | 1.39% | 0.27% |
 WDCWestern Digital Corp. COM | 0.26% | 1.03% | 0.26% |
 CRMSalesforce Inc. COM | 0.26% | 1.01% | 0.26% |
 MRVLMarvell Technology Inc COM | 0.26% | 1.22% | 0.26% |
 ANETArista Networks Inc COM SHS | 0.24% | 1.31% | 0.24% |
Frequently Asked Questions
How much do SCHX and XLK overlap?
SCHX and XLK overlap by 36.2% of portfolio weight. They share 71 holdings (SCHX holds 748 positions and XLK holds 73), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHX and XLK?
The two portfolios are 36.2% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of SCHX and XLK?
The largest positions held by both funds are NVDA, AAPL, MSFT, AVGO and MU. Together the top 10 shared positions account for 76% of the total overlap.
What does SCHX own that XLK doesn't?
677 positions (63.6% of SCHX) are unique to SCHX, led by AMZN, GOOGL and GOOG. In the other direction, 2 positions (1.7% of XLK) are unique to XLK.