SCHD vs VWCE ETF holdings comparison
Schwab U.S. Dividend Equity ETF (SCHD) · Vanguard FTSE All-World UCITS ETF (USD Acc) (VWCE)
SCHD and VWCE overlap by 4.8% by portfolio weight. The remaining 95.2 percentage points are not counted as shared holdings weight by this calculation. They share 44 stocks; the largest shared position is UnitedHealth Group Inc (UNH), contributing 0.35% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
SCHD and VWCE 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 VWCE |
|---|---|---|---|
| UnitedHealth Group Inc | UNH | 5.09% | 0.35% |
| Chevron Corp | CVX | 3.83% | 0.34% |
| Coca-Cola Co/The | KO | 3.96% | 0.32% |
| Procter & Gamble Co/The | PG | 3.55% | 0.32% |
| Home Depot Inc/The | HD | 3.36% | 0.31% |
| Merck & Co Inc | MRK | 3.86% | 0.31% |
| Texas Instruments Inc | TXN | 5.90% | 0.24% |
| Amgen Inc | AMGN | 3.47% | 0.20% |
| Verizon Communications Inc | VZ | 3.65% | 0.19% |
| PepsiCo Inc | PEP | 3.44% | 0.18% |
Holdings only in SCHD or VWCE
SCHD has 55 fund-only positions representing approximately 5.3 percentage points of reported exposure; VWCE has 3597 fund-only positions representing approximately 93.9 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 |
|---|---|---|
| East West Bancorp Inc | EWBC | 0.42% |
| APA Corp | APA | 0.33% |
| Watsco Inc | WSO | 0.32% |
| Skyworks Solutions Inc | SWKS | 0.29% |
| 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% |
Largest positions only in VWCE
| Company | Ticker | Weight |
|---|---|---|
| NVIDIA Corp | NVDA | 4.44% |
| Apple Inc | AAPL | 4.23% |
| Microsoft Corp | MSFT | 3.27% |
| Amazon.com Inc | AMZN | 2.50% |
| Alphabet Inc | GOOGL | 1.99% |
| Taiwan Semiconductor Manufacturing Co Ltd | 2330 | 1.73% |
| Broadcom Inc | AVGO | 1.72% |
| Alphabet Inc | GOOG | 1.58% |
| Meta Platforms Inc | META | 1.16% |
| JPMorgan Chase & Co | JPM | 0.89% |
FAQ
How much do SCHD and VWCE overlap?
SCHD and VWCE have 4.8% overlap by weight, sharing 44 equity positions (out of 99 in SCHD and 3641 in VWCE). The official holdings files used are dated 2026-05-31 for SCHD and 2026-07-31 for VWCE.
What does 4.8% overlap mean?
SCHD and VWCE 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 VWCE both hold?
The largest shared positions are UnitedHealth Group Inc, Chevron Corp, Coca-Cola Co/The, Procter & Gamble Co/The, Home Depot Inc/The. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between SCHD and VWCE?
SCHD has 55 positions not found in VWCE, while VWCE has 3597 positions not found in SCHD. The largest fund-only positions and their weights are shown on this page.
Related comparisons
One side of this pair is a UCITS ETF. How share classes and listings map to one fund, and which popular UCITS combinations repeat the same US mega-caps, is covered in ETF overlap for European investors.