VBK vs SCHM: Holdings Overlap
VBKVanguard Small-cap Growth Index Fund
Vanguard · 551 holdings · $24.3B · as of 2026-03-31
Schwab · 496 holdings · $15.1B · as of 2026-05-31
Holdings snapshots are 61 days apart (VBK: 2026-03-31, SCHM: 2026-05-31). 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 VBK and SCHM?
Vanguard Small-cap Growth Index Fund (VBK, by Vanguard) holds 551 positions; Schwab U.S. Mid-Cap ETF (SCHM, by Schwab) holds 496. They have 205 holdings in common, and by portfolio weight the two funds are 40.3% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 40.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 205VBK holds 551 · SCHM holds 496
- Weight in Shared Holdings
- VBK 60%·SCHM 44%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 VBK
346 of 551 positions (40.1% of the fund) are not held by SCHM. Showing the top 30 by weight.
Sector Breakdown
| Sector | VBK | SCHM |
|---|---|---|
| Industrials | 24.6% | 22.5% |
| Information Technology | 21.6% | 20.2% |
| Health Care | 16.1% | 10.8% |
| Financials | 6.1% | 11.7% |
| Consumer Discretionary | 9.9% | 9.5% |
| Other Sectors | 20.6% | 25.0% |
| Unclassified | 0.9% | 0.2% |
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 (1% of VBK, 0% of SCHM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VBK | +1.8% | +19.6% | +29.4% | +16.6% | +5.3% | +11.4% | 0.42% |
| SCHM | +1.6% | +20.7% | +28.9% | +15.8% | +8.2% | +11.2% | 1.22% |
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 VBK vs SCHM →
Shared Holdings(205)
The top 10 shared positions account for 16% of the overlap, led by CIEN, LITE and COHR.
 CIENCiena Corporation COM NEW | 0.92% | 1.52% | 0.92% |
|---|---|---|---|
 LITELumentum Holdings Inc. COM | 0.84% | 1.13% | 0.84% |
 COHRCoherent Corp COM | 0.74% | 1.26% | 0.74% |
 BEBloom Energy Corporation COM CL A | 0.60% | 1.36% | 0.60% |
 RVMDRevolution Medicines Inc COM | 0.61% | 0.57% | 0.57% |
 TWLOTwilio, Inc., Class A | 0.64% | 0.54% | 0.54% |
 CASYCasey'S General Stores Inc. COM | 0.90% | 0.53% | 0.53% |
 ASTSAST SpaceMobile, Inc., Class A | 0.72% | 0.52% | 0.52% |
 FTITechnipFMC PLC USD1 | 0.92% | 0.51% | 0.51% |
 CWCurtiss-Wright Corporation | 0.84% | 0.51% | 0.51% |
 NVTNVent Electric PLC COM USD0.01 | 0.64% | 0.50% | 0.50% |
 FTAIFTAI Aviation Ltd COM USD0.01 | 0.84% | 0.50% | 0.50% |
 ATIATI Inc COM | 0.66% | 0.44% | 0.44% |
 MTSIMACOM Technology Solutions Holdings Inc. COM | 0.50% | 0.44% | 0.44% |
 FNFabrinet COM USD0.01 | 0.62% | 0.43% | 0.43% |
 CRSCarpenter Technology Corporation COM | 0.62% | 0.43% | 0.43% |
 NXTNextpower Inc. CLASS A COM | 0.57% | 0.43% | 0.43% |
 MTZMastec, Inc. COM | 0.68% | 0.43% | 0.43% |
 TPLTexas Pacific Land Corporation COM | 0.46% | 0.42% | 0.42% |
 STRLSterling Infrastructure Inc COM | 0.40% | 0.49% | 0.40% |
 ENTGEntegris Inc COM | 0.59% | 0.39% | 0.39% |
 OKTAOkta Inc. Class A | 0.44% | 0.39% | 0.39% |
 WWDWoodward Inc. COM | 0.71% | 0.39% | 0.39% |
 LSCCLattice Semiconductor Corporation COM | 0.42% | 0.37% | 0.37% |
 RBARB Global Inc COM | 0.59% | 0.37% | 0.37% |
Frequently Asked Questions
How much do VBK and SCHM overlap?
VBK and SCHM overlap by 40.3% of portfolio weight. They share 205 holdings (VBK holds 551 positions and SCHM holds 496), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VBK and SCHM?
The two portfolios are 40.3% 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 VBK and SCHM?
The largest positions held by both funds are CIEN, LITE, COHR, BE and RVMD. Together the top 10 shared positions account for 16% of the total overlap.
What does VBK own that SCHM doesn't?
346 positions (40.1% of VBK) are unique to VBK, led by NTRA, FIX and SOFI. In the other direction, 291 positions (56.2% of SCHM) are unique to SCHM.