etf overlap tool · light overlap
SCHD vs VYM overlap
99% of SCHD's money sits in companies VYM also holds; 22% of the two funds is the same money, spread over 79 companies both hold.
Holdings as of September 30, 2026 · source: Schwab (SCHD), Vanguard (VYM) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
The companies you would own twice
What only one of them gives you
Where each fund puts its money
SCHD and VYM: what people ask
How much do SCHD and VYM overlap?
22% by weight, as of September 30, 2026: light overlap. 79 companies appear in both funds; they make up 99% of SCHD and 22% of VYM.
Which stocks do SCHD and VYM both hold?
The largest shared positions are CVX, MRK, PG, KO and UNH. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both SCHD and VYM?
Out of every $100 split evenly between them, about $22 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 21 names only in SCHD, 514 only in VYM. Half in each behaves like 70 equally weighted stocks, against 34 for SCHD alone and 75 for VYM alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.
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 Vanguard 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.