SCHD vs SPYD ETF holdings comparison
Schwab U.S. Dividend Equity ETF (SCHD) · SPDR Portfolio S&P 500 High Dividend ETF (SPYD)
SCHD and SPYD overlap by 20.8% by portfolio weight. The remaining 79.2 percentage points are not counted as shared holdings weight by this calculation. They share 19 stocks; the largest shared position is Accenture PLC (ACN), contributing 2.03% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
SCHD and SPYD 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 SCHD | in SPYD |
|---|---|---|---|
| Accenture PLC | ACN | 2.90% | 2.03% |
| Chevron Corp | CVX | 3.83% | 1.50% |
| Target Corp | TGT | 1.45% | 1.53% |
| EOG Resources Inc | EOG | 1.82% | 1.41% |
| Verizon Communications Inc | VZ | 3.65% | 1.41% |
| Altria Group Inc | MO | 2.94% | 1.35% |
| Bristol-Myers Squibb Co | BMY | 2.93% | 1.34% |
| PepsiCo Inc | PEP | 3.44% | 1.29% |
| Blackstone Inc | BX | 2.20% | 1.25% |
| Comcast Corp | CMCSA | 2.25% | 1.23% |
Holdings only in SCHD or SPYD
SCHD has 80 fund-only positions representing approximately 64.4 percentage points of reported exposure; SPYD has 60 fund-only positions representing approximately 73.8 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 SCHD
| Company | Ticker | Weight |
|---|---|---|
| QUALCOMM Inc | QCOM | 6.74% |
| Texas Instruments Inc | TXN | 5.90% |
| UnitedHealth Group Inc | UNH | 5.09% |
| Coca-Cola Co/The | KO | 3.96% |
| Merck & Co Inc | MRK | 3.86% |
| Procter & Gamble Co/The | PG | 3.55% |
| ConocoPhillips | COP | 3.51% |
| Amgen Inc | AMGN | 3.47% |
| Home Depot Inc/The | HD | 3.36% |
| Abbott Laboratories | ABT | 2.96% |
Largest positions only in SPYD
| Company | Ticker | Weight |
|---|---|---|
| Hp Inc | HPQ | 1.77% |
| Pfizer Inc | PFE | 1.53% |
| Medtronic Plc | MDT | 1.46% |
| At+T Inc | T | 1.46% |
| Hasbro Inc | HAS | 1.42% |
| Jm Smucker Co/The | SJM | 1.38% |
| Aes Corp | AES | 1.37% |
| American Tower Corp | AMT | 1.37% |
| Franklin Templeton Inc | BEN | 1.37% |
| Stanley Black + Decker Inc | SWK | 1.37% |
FAQ
How much do SCHD and SPYD overlap?
SCHD and SPYD have 20.8% overlap by weight, sharing 19 equity positions (out of 99 in SCHD and 79 in SPYD). The official holdings files used are dated 2026-05-31 for SCHD and 2026-10-08 for SPYD.
What does 20.8% overlap mean?
SCHD and SPYD 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 SCHD and SPYD both hold?
The largest shared positions are Accenture PLC, Chevron Corp, Target Corp, EOG Resources Inc, Verizon Communications Inc. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between SCHD and SPYD?
SCHD has 80 positions not found in SPYD, while SPYD has 60 positions not found in SCHD. The largest fund-only positions and their weights are shown on this page.