SCHB vs SDY ETF holdings comparison
Schwab U.S. Broad Market ETF (SCHB) · SPDR S&P Dividend ETF (SDY)
SCHB and SDY overlap by 12.2% by portfolio weight. The remaining 87.8 percentage points are not counted as shared holdings weight by this calculation. They share 152 stocks; the largest shared position is Johnson & Johnson (JNJ), contributing 0.74% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
SCHB and SDY 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 SCHB | in SDY |
|---|---|---|---|
| Johnson & Johnson | JNJ | 0.74% | 0.96% |
| AbbVie Inc | ABBV | 0.53% | 1.22% |
| Microsoft Corp | MSFT | 4.57% | 0.52% |
| Chevron Corp | CVX | 0.47% | 1.89% |
| Procter & Gamble Co/The | PG | 0.46% | 1.23% |
| Coca-Cola Co/The | KO | 0.42% | 1.23% |
| International Business Machines Corp | IBM | 0.38% | 1.16% |
| Texas Instruments Inc | TXN | 0.38% | 0.71% |
| QUALCOMM Inc | QCOM | 0.37% | 0.77% |
| Walmart Inc | WMT | 0.69% | 0.36% |
Holdings only in SCHB or SDY
SCHB has 2251 fund-only positions representing approximately 82.6 percentage points of reported exposure; SDY has 4 fund-only positions representing approximately 2.3 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 SCHB
| Company | Ticker | Weight |
|---|---|---|
| NVIDIA Corp | NVDA | 7.02% |
| Apple Inc | AAPL | 6.26% |
| Amazon.com Inc | AMZN | 3.62% |
| Alphabet Inc | GOOGL | 3.03% |
| Broadcom Inc | AVGO | 2.90% |
| Alphabet Inc | GOOG | 2.41% |
| Meta Platforms Inc | META | 1.89% |
| Tesla Inc | TSLA | 1.68% |
| Micron Technology Inc | MU | 1.49% |
| Eli Lilly & Co | LLY | 1.20% |
Largest positions only in SDY
| Company | Ticker | Weight |
|---|---|---|
| Exxonmobil Holdings Corp | XOM | 1.33% |
| Amcor Plc | AMCR | 0.91% |
| Mobility Global Inc | MBGL | 0.02% |
| S+P500 Emini Fut Sep26 | ESU6 | <0.01% |
FAQ
How much do SCHB and SDY overlap?
SCHB and SDY have 12.2% overlap by weight, sharing 152 equity positions (out of 2403 in SCHB and 156 in SDY). The official holdings files used are dated 2026-05-31 for SCHB and 2026-08-25 for SDY.
What does 12.2% overlap mean?
SCHB and SDY 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 SCHB and SDY both hold?
The largest shared positions are Johnson & Johnson, AbbVie Inc, Microsoft Corp, Chevron Corp, Procter & Gamble Co/The. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between SCHB and SDY?
SCHB has 2251 positions not found in SDY, while SDY has 4 positions not found in SCHB. The largest fund-only positions and their weights are shown on this page.