DVY vs SCHD: how much do they overlap?

iShares Select Dividend ETF (DVY) · Schwab U.S. Dividend Equity ETF (SCHD)

26.3%

overlap by weight · 31 shared holdings

DVY: 100 holdings (as of 2026-04-30) · SCHD: 97 holdings (as of 2026-02-28)

Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.

Low overlap

What this means

DVY and SCHD hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.

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.

Top shared holdings

CompanyTickerin DVYin SCHD
ALTRIA GROUP INC MO 2.29% 4.14%
VERIZON COMMUNICATIONS INC VZ 1.85% 4.31%
ONEOK INC OKE 1.83% 1.87%
TARGET CORP TGT 1.45% 1.86%
FORD MOTOR CO F 1.38% 1.98%
CHEVRON CORP CVX 1.38% 4.31%
KIMBERLY CLARK CORP KMB 1.51% 1.33%
EOG RESOURCES INC EOG 1.25% 2.42%
ARCHER DANIELS MIDLAND COMPANY ADM 1.17% 1.19%
FIFTH THIRD BANCORP FITB 1.05% 1.18%

FAQ

How much do DVY and SCHD overlap?

DVY and SCHD have a 26.3% overlap by weight, sharing 31 holdings (out of 100 in DVY and 97 in SCHD), based on official issuer holdings as of 2026-04-30.

What does 26.3% overlap mean?

DVY and SCHD hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.

Which stocks do DVY and SCHD both hold?

The largest shared positions are ALTRIA GROUP INC, VERIZON COMMUNICATIONS INC, ONEOK INC, TARGET CORP, FORD MOTOR CO. The full list of top shared holdings with weights in each fund is shown on this page.

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