SCHB vs VOO: how much do they overlap?
Schwab U.S. Broad Market ETF (SCHB) · Vanguard S&P 500 ETF (VOO)
overlap by weight · 500 shared holdings
SCHB: 2403 holdings (as of 2026-02-28) · VOO: 504 holdings (as of 2026-03-31)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
High overlap
What this means
SCHB and VOO are largely the same portfolio. Holding both adds little diversification — most dollars end up in the same underlying stocks.
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 SCHB | in VOO |
|---|---|---|---|
| NVIDIA Corp | NVDA | 6.47% | 7.58% |
| Apple Inc | AAPL | 5.87% | 6.66% |
| Microsoft Corp | MSFT | 4.39% | 4.91% |
| Amazon.com Inc | AMZN | 3.07% | 3.64% |
| Alphabet Inc | GOOGL | 2.73% | 2.99% |
| Broadcom Inc | AVGO | 2.27% | 2.62% |
| Alphabet Inc | GOOG | 2.18% | 2.4% |
| Meta Platforms Inc | META | 2.12% | 2.24% |
| Tesla Inc | TSLA | 1.7% | 1.87% |
| Berkshire Hathaway Inc | BRK.B | 1.39% | 1.57% |
FAQ
How much do SCHB and VOO overlap?
SCHB and VOO have a 88.4% overlap by weight, sharing 500 holdings (out of 2403 in SCHB and 504 in VOO), based on official issuer holdings as of 2026-02-28.
What does 88.4% overlap mean?
SCHB and VOO are largely the same portfolio. Holding both adds little diversification — most dollars end up in the same underlying stocks.
Which stocks do SCHB and VOO both hold?
The largest shared positions are NVIDIA Corp, Apple Inc, Microsoft Corp, Amazon.com Inc, Alphabet Inc. The full list of top shared holdings with weights in each fund is shown on this page.