etf overlap tool · little overlap
SCHD vs CSPX overlap
95% of SCHD's money sits in companies CSPX also holds; 8.1% of the two funds is the same money, spread over 45 companies both hold.
Holdings as of October 13, 2026 · source: Schwab (SCHD), iShares (CSPX) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
Hold SCHD and CSPX with other funds or stocks? The free portfolio optimizer opens SCHD and CSPX beside the rest of what you own: the companies you hold twice, what the funds cost a year, and where the next deposit should go. No account.
The companies you would own twice
What only one of them gives you
AMZNAMAZON.COM INC3.72%Where each fund puts its money
SCHD and CSPX: what people ask
How much do SCHD and CSPX overlap?
8.1% by weight, as of October 13, 2026: little overlap. 45 companies appear in both funds; they make up 95% of SCHD and 8.1% of CSPX.
Which stocks do SCHD and CSPX both hold?
The largest shared positions are CVX, PG, KO, UNH and MRK. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both SCHD and CSPX?
Out of every $100 split evenly between them, about $8 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 55 names only in SCHD, 458 only in CSPX. Half in each behaves like 69 equally weighted stocks, against 34 for SCHD alone and 44 for CSPX alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.
What is CSPX, next to SCHD?
CSPX is iShares Core S&P 500 UCITS ETF (ISIN IE00B5BMR087), an Irish-domiciled UCITS fund on the S&P 500 index. Next to SCHD, 8.1% of the money is the same, spread over 45 companies both hold, as of October 13, 2026.
Does the SCHD vs CSPX overlap apply to other tickers?
Yes. CSPX also trades as CSP1 (London, GBP), SXR8 (Xetra, EUR) and CSSPX (Borsa Italiana, EUR). Each is the same portfolio in another currency, on another exchange or paying its dividends out, so SCHD vs SXR8 also overlaps 8.1%.
How is ETF overlap calculated here?
For every company held by both funds we take the smaller of its two weights and add them up. The weights come from the full holdings files Schwab and iShares publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart. Sector overlap applies the same rule to the issuers' sector labels; "behaves like N equally weighted stocks" is one over the sum of the squared weights.
Weights come from each issuer's published holdings file and are matched company by company on their ISIN. Cash, futures and currency positions are left out. This page describes what the funds hold; it is not investment advice.