SCHD vs VOO: how much do they overlap?
Schwab U.S. Dividend Equity ETF (SCHD) · Vanguard S&P 500 ETF (VOO)
overlap by weight · 41 shared holdings
SCHD: 97 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.
Low overlap
What this means
SCHD and VOO 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 SCHD | in VOO |
|---|---|---|---|
| Chevron Corp | CVX | 4.31% | 0.69% |
| AbbVie Inc | ABBV | 3.53% | 0.69% |
| Home Depot Inc/The | HD | 3.72% | 0.59% |
| Cisco Systems Inc | CSCO | 3.58% | 0.55% |
| Merck & Co Inc | MRK | 4.24% | 0.53% |
| Coca-Cola Co/The | KO | 4.03% | 0.53% |
| PepsiCo Inc | PEP | 4.01% | 0.38% |
| Verizon Communications Inc | VZ | 4.31% | 0.38% |
| Amgen Inc | AMGN | 3.93% | 0.34% |
| Texas Instruments Inc | TXN | 4.06% | 0.32% |
FAQ
How much do SCHD and VOO overlap?
SCHD and VOO have a 7.6% overlap by weight, sharing 41 holdings (out of 97 in SCHD and 504 in VOO), based on official issuer holdings as of 2026-02-28.
What does 7.6% overlap mean?
SCHD and VOO hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do SCHD and VOO both hold?
The largest shared positions are Chevron Corp, AbbVie Inc, Home Depot Inc/The, Cisco Systems Inc, Merck & Co Inc. The full list of top shared holdings with weights in each fund is shown on this page.