DGRO vs SCHD ETF holdings comparison
iShares Core Dividend Growth ETF (DGRO) · Schwab U.S. Dividend Equity ETF (SCHD)
DGRO and SCHD overlap by 20.1% by portfolio weight. The remaining 79.9 percentage points are not counted as shared holdings weight by this calculation. They share 35 stocks; the largest shared position is UNITEDHEALTH GROUP INC (UNH), contributing 2.31% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
DGRO and SCHD share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold. It answers "how much of my money is in the same stocks either way?" See methodology.
This comparison covers normalized equity positions represented in the dataset. Cash, derivatives, options, structured notes, and other non-equity assets are not included, so the result is not a complete comparison of every asset or risk in either fund.
Top shared holdings
| Company | Ticker | in DGRO | in SCHD |
|---|---|---|---|
| UNITEDHEALTH GROUP INC | UNH | 2.31% | 5.09% |
| PROCTER & GAMBLE COMPANY (THE) | PG | 2.07% | 3.55% |
| HOME DEPOT INC (THE) | HD | 1.89% | 3.36% |
| COCA-COLA COMPANY (THE) | KO | 1.79% | 3.96% |
| MERCK & COMPANY INC | MRK | 1.75% | 3.86% |
| PEPSICO INC | PEP | 1.70% | 3.44% |
| AMGEN INC | AMGN | 1.11% | 3.47% |
| QUALCOMM INC | QCOM | 1.10% | 6.74% |
| CONOCOPHILLIPS | COP | 0.99% | 3.51% |
| ABBOTT LABORATORIES | ABT | 0.79% | 2.96% |
Holdings only in DGRO or SCHD
DGRO has 359 fund-only positions representing approximately 79.6 percentage points of reported exposure; SCHD has 64 fund-only positions representing approximately 41.4 percentage points of reported exposure. These are positions whose normalized security identifiers appear in one issuer file but not the other.
Largest positions only in DGRO
| Company | Ticker | Weight |
|---|---|---|
| BROADCOM INC | AVGO | 3.25% |
| JP MORGAN CHASE & COMPANY | JPM | 3.04% |
| APPLE INC | AAPL | 2.93% |
| MICROSOFT CORP | MSFT | 2.91% |
| EXXON MOBIL CORP | XOM | 2.90% |
| JOHNSON & JOHNSON | JNJ | 2.64% |
| ABBVIE INC | ABBV | 2.52% |
| PHILIP MORRIS INTERNATIONAL INC | PM | 1.94% |
| BANK OF AMERICA CORP | BAC | 1.83% |
| CISCO SYSTEMS INC | CSCO | 1.73% |
Largest positions only in SCHD
| Company | Ticker | Weight |
|---|---|---|
| Texas Instruments Inc | TXN | 5.90% |
| Chevron Corp | CVX | 3.83% |
| Verizon Communications Inc | VZ | 3.65% |
| Altria Group Inc | MO | 2.94% |
| Bristol-Myers Squibb Co | BMY | 2.93% |
| Comcast Corp | CMCSA | 2.25% |
| Blackstone Inc | BX | 2.20% |
| SLB Ltd | SLB | 2.05% |
| United Parcel Service Inc | UPS | 1.98% |
| Ford Motor Co | F | 1.72% |
FAQ
How much do DGRO and SCHD overlap?
DGRO and SCHD have 20.1% overlap by weight, sharing 35 equity positions (out of 394 in DGRO and 99 in SCHD). The official holdings files used are dated 2026-04-30 for DGRO and 2026-05-31 for SCHD.
What does 20.1% overlap mean?
DGRO and SCHD share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Which stocks do DGRO and SCHD both hold?
The largest shared positions are UNITEDHEALTH GROUP INC, PROCTER & GAMBLE COMPANY (THE), HOME DEPOT INC (THE), COCA-COLA COMPANY (THE), MERCK & COMPANY INC. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between DGRO and SCHD?
DGRO has 359 positions not found in SCHD, while SCHD has 64 positions not found in DGRO. The largest fund-only positions and their weights are shown on this page.