RSP vs SCHD ETF holdings comparison
Invesco S&P 500 Equal Weight ETF (RSP) · Schwab U.S. Dividend Equity ETF (SCHD)
RSP and SCHD overlap by 9.1% by portfolio weight. The remaining 90.9 percentage points are not counted as shared holdings weight by this calculation. They share 46 stocks; the largest shared position is Texas Instruments Inc. (TXN), contributing 0.27% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
RSP 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 RSP | in SCHD |
|---|---|---|---|
| Texas Instruments Inc. | TXN | 0.27% | 5.90% |
| QUALCOMM Inc. | QCOM | 0.26% | 6.74% |
| UnitedHealth Group Inc. | UNH | 0.25% | 5.09% |
| Skyworks Solutions, Inc. | SWKS | 0.24% | 0.29% |
| APA Corp. | APA | 0.24% | 0.33% |
| SLB Ltd. | SLB | 0.23% | 2.05% |
| Blackstone Inc. | BX | 0.22% | 2.20% |
| T. Rowe Price Group, Inc. | TROW | 0.22% | 0.57% |
| Principal Financial Group, Inc. | PFG | 0.22% | 0.52% |
| Ares Management Corp. | ARES | 0.22% | 0.67% |
Holdings only in RSP or SCHD
RSP has 457 fund-only positions representing approximately 90.3 percentage points of reported exposure; SCHD has 53 fund-only positions representing approximately 4.8 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 RSP
| Company | Ticker | Weight |
|---|---|---|
| Intel Corp. | INTC | 0.38% |
| Seagate Technology Holdings PLC | STX | 0.34% |
| Advanced Micro Devices, Inc. | AMD | 0.33% |
| ON Semiconductor Corp. | ON | 0.33% |
| Sandisk Corp. | SNDK | 0.32% |
| Western Digital Corp. | WDC | 0.31% |
| Ciena Corp. | CIEN | 0.30% |
| Monolithic Power Systems, Inc. | MPWR | 0.29% |
| Centene Corp. | CNC | 0.29% |
| NXP Semiconductors N.V. | NXPI | 0.28% |
Largest positions only in SCHD
| Company | Ticker | Weight |
|---|---|---|
| East West Bancorp Inc | EWBC | 0.42% |
| Watsco Inc | WSO | 0.32% |
| Fidelity National Financial Inc | FNF | 0.30% |
| HF Sinclair Corp | DINO | 0.28% |
| Booz Allen Hamilton Holding Corp | BAH | 0.24% |
| American Financial Group Inc/OH | AFG | 0.23% |
| Columbia Banking System Inc | COLB | 0.22% |
| Autoliv Inc | ALV | 0.22% |
| Old Republic International Corp | ORI | 0.21% |
| Macy's Inc | M | 0.15% |
FAQ
How much do RSP and SCHD overlap?
RSP and SCHD have 9.1% overlap by weight, sharing 46 equity positions (out of 503 in RSP and 99 in SCHD). The official holdings files used are dated 2026-04-30 for RSP and 2026-05-31 for SCHD.
What does 9.1% overlap mean?
RSP 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 RSP and SCHD both hold?
The largest shared positions are Texas Instruments Inc., QUALCOMM Inc., UnitedHealth Group Inc., Skyworks Solutions, Inc., APA Corp.. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between RSP and SCHD?
RSP has 457 positions not found in SCHD, while SCHD has 53 positions not found in RSP. The largest fund-only positions and their weights are shown on this page.