MDY vs SCHD: how much do they overlap?
SPDR S&P MIDCAP 400 ETF Trust (MDY) · Schwab U.S. Dividend Equity ETF (SCHD)
overlap by weight · 17 shared holdings
MDY: 400 holdings (as of 09-Jul-2026) · 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
MDY 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
| Company | Ticker | in MDY | in SCHD |
|---|---|---|---|
| East West Bancorp Inc. | EWBC | 0.5% | 0.54% |
| Ovintiv Inc | OVV | 0.42% | 0.46% |
| Watsco Inc. | WSO | 0.37% | 0.52% |
| Unum Group | UNM | 0.36% | 0.4% |
| Fidelity National Financial Inc. - Fnf Group | FNF | 0.35% | 0.48% |
| Hf Sinclair Corporation | DINO | 0.33% | 0.28% |
| American Financial Group Inc. | AFG | 0.27% | 0.33% |
| Columbia Banking System Inc. | COLB | 0.26% | 0.31% |
| Autoliv Inc. | ALV | 0.23% | 0.3% |
| Msc Industrial Direct Co. Inc. Class A | MSM | 0.15% | 0.15% |
FAQ
How much do MDY and SCHD overlap?
MDY and SCHD have a 4% overlap by weight, sharing 17 holdings (out of 400 in MDY and 97 in SCHD), based on official issuer holdings as of 09-Jul-2026.
What does 4% overlap mean?
MDY and SCHD hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do MDY and SCHD both hold?
The largest shared positions are East West Bancorp Inc., Ovintiv Inc, Watsco Inc., Unum Group, Fidelity National Financial Inc. - Fnf Group. The full list of top shared holdings with weights in each fund is shown on this page.