DIA vs SCHD ETF holdings comparison
SPDR Dow Jones Industrial Average ETF Trust (DIA) · Schwab U.S. Dividend Equity ETF (SCHD)
DIA and SCHD overlap by 17.8% by portfolio weight. The remaining 82.2 percentage points are not counted as shared holdings weight by this calculation. They share 7 stocks; the largest shared position is Unitedhealth Group Inc (UNH), contributing 4.40% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
DIA 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 DIA | in SCHD |
|---|---|---|---|
| Unitedhealth Group Inc | UNH | 4.40% | 5.09% |
| Amgen Inc | AMGN | 4.90% | 3.47% |
| Home Depot Inc | HD | 3.74% | 3.36% |
| Chevron Corp | CVX | 2.22% | 3.83% |
| Merck + Co. Inc. | MRK | 1.73% | 3.86% |
| Procter + Gamble Co/The | PG | 1.61% | 3.55% |
| Coca Cola Co/The | KO | 1.02% | 3.96% |
Holdings only in DIA or SCHD
DIA has 23 fund-only positions representing approximately 80.3 percentage points of reported exposure; SCHD has 92 fund-only positions representing approximately 72.6 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 DIA
| Company | Ticker | Weight |
|---|---|---|
| Goldman Sachs Group Inc | GS | 11.74% |
| Caterpillar Inc | CAT | 8.99% |
| Microsoft Corp | MSFT | 5.45% |
| Visa Inc Class A Shares | V | 4.26% |
| Travelers Cos Inc/The | TRV | 4.10% |
| Jpmorgan Chase + Co | JPM | 3.95% |
| Sherwin Williams Co/The | SHW | 3.88% |
| Alphabet Inc Cl A | GOOGL | 3.85% |
| American Express Co | AXP | 3.72% |
| Apple Inc | AAPL | 3.43% |
Largest positions only in SCHD
| Company | Ticker | Weight |
|---|---|---|
| QUALCOMM Inc | QCOM | 6.74% |
| Texas Instruments Inc | TXN | 5.90% |
| Verizon Communications Inc | VZ | 3.65% |
| ConocoPhillips | COP | 3.51% |
| PepsiCo Inc | PEP | 3.44% |
| Abbott Laboratories | ABT | 2.96% |
| Altria Group Inc | MO | 2.94% |
| Bristol-Myers Squibb Co | BMY | 2.93% |
| Accenture PLC | ACN | 2.90% |
| Lockheed Martin Corp | LMT | 2.70% |
FAQ
How much do DIA and SCHD overlap?
DIA and SCHD have 17.8% overlap by weight, sharing 7 equity positions (out of 30 in DIA and 99 in SCHD). The official holdings files used are dated 2026-08-25 for DIA and 2026-05-31 for SCHD.
What does 17.8% overlap mean?
DIA 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 DIA and SCHD both hold?
The largest shared positions are Unitedhealth Group Inc, Amgen Inc, Home Depot Inc, Chevron Corp, Merck + Co. Inc.. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between DIA and SCHD?
DIA has 23 positions not found in SCHD, while SCHD has 92 positions not found in DIA. The largest fund-only positions and their weights are shown on this page.