VOE vs SCHM: Holdings Overlap
VOEVanguard Mid-cap Value Index Fund
Vanguard · 170 holdings · $24.2B · as of 2026-03-31
Schwab · 496 holdings · $15.1B · as of 2026-05-31
Holdings snapshots are 61 days apart (VOE: 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 VOE and SCHM?
Vanguard Mid-cap Value Index Fund (VOE, by Vanguard) holds 170 positions; Schwab U.S. Mid-Cap ETF (SCHM, by Schwab) holds 496. They have 10 holdings in common, and by portfolio weight the two funds are 2.6% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 10VOE holds 170 · SCHM holds 496
- Weight in Shared Holdings
- VOE 3%·SCHM 4%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 VOE
160 of 170 positions (96.8% of the fund) are not held by SCHM. Showing the top 30 by weight.
Sector Breakdown
| Sector | VOE | SCHM |
|---|---|---|
| Industrials | 13.6% | 22.5% |
| Information Technology | 8.2% | 20.2% |
| Financials | 17.6% | 11.7% |
| Energy | 13.0% | 3.3% |
| Utilities | 12.7% | 3.0% |
| Other Sectors | 34.4% | 39.0% |
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 |
|---|---|---|---|---|---|---|---|
| VOE | +3.2% | +17.9% | +26.2% | +15.9% | +10.1% | +10.8% | 1.80% |
| 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 VOE vs SCHM →
Shared Holdings(10)
The top 10 shared positions account for 100% of the overlap, led by KEY, PKG and SNA.
 KEYKeyCorp COM | 0.41% | 0.37% | 0.37% |
|---|---|---|---|
 PKGPackaging Corporation of America COM | 0.35% | 0.36% | 0.35% |
 SNASnap-On Incorporated COM | 0.35% | 0.36% | 0.35% |
 LNTAlliant Energy Corporation COM | 0.35% | 0.34% | 0.34% |
 LLoews Corporation COM | 0.33% | 0.32% | 0.32% |
 STLDSteel Dynamics, Inc. COM | 0.23% | 0.66% | 0.23% |
 NINiSource Inc. COM | 0.21% | 0.41% | 0.21% |
 EVRGEvergy Inc COM | 0.17% | 0.35% | 0.17% |
 CNCCentene Corp. COM | 0.15% | 0.52% | 0.15% |
 TRMBTrimble Inc COM | 0.07% | 0.25% | 0.07% |
Frequently Asked Questions
How much do VOE and SCHM overlap?
VOE and SCHM overlap by 2.6% of portfolio weight. They share 10 holdings (VOE holds 170 positions and SCHM holds 496), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VOE and SCHM?
The two portfolios are 2.6% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of VOE and SCHM?
The largest positions held by both funds are KEY, PKG, SNA, LNT and L. Together the top 10 shared positions account for 100% of the total overlap.
What does VOE own that SCHM doesn't?
160 positions (96.8% of VOE) are unique to VOE, led by SLB, CMI and VLO. In the other direction, 486 positions (95.9% of SCHM) are unique to SCHM.