ETF Overlap Checker
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ETF Overlap Checker

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IGV vs SCHG Overlap

IGV is a technology-focused equity ETF from IShares, while SCHG is a U.S. growth equity ETF from Schwab. IGV and SCHG show limited overlap, with an estimated weighted overlap of 14.83%. They share 31 holdings in the loaded dataset, led by MSFT, PLTR, and PANW.

14.8% overlap
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31Shared Holdings
OK
Low Overlap

Served from cache.

Quick Answer

IGV is a technology-focused equity ETF from IShares, while SCHG is a U.S. growth equity ETF from Schwab. IGV and SCHG show limited overlap, with an estimated weighted overlap of 14.83%. They share 31 holdings in the loaded dataset, led by MSFT, PLTR, and PANW.

  • 14.83% weighted overlap across 31 shared holdings.
  • The top three shared holdings explain 62.13% of the measured overlap.
  • SCHG is the broader fund, while IGV is more targeted.
  • The overlap is mostly explained by the top shared positions rather than sector labels alone.
  • Holding both can still add materially different exposure.

Data Freshness

IGV holdings
Aug 13, 2026
SCHG holdings
Aug 13, 2026
Overlap computed
Aug 14, 2026
Data source
Financial Modeling Prep

Review the methodology for the overlap formula and refresh policy.

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About These ETFs

ETF A

IGV

iShares Expanded Tech-Software Sector ETF

Issuer
IShares
Asset class
Equity
Expense ratio
0.38%
AUM
$14B
Inception
Jul 10, 2001

ETF B

SCHG

Schwab U.S. Large-Cap Growth ETF

Issuer
Schwab
Asset class
Equity
Expense ratio
0.04%
AUM
$62B
Inception
Dec 11, 2009

What Stands Out In This Comparison

01

What This Means

IGV is a technology-focused equity ETF from IShares, while SCHG is a U.S. growth equity ETF from Schwab. IGV and SCHG do not own much of the same portfolio weight. That usually means you are combining different parts of the market, with only a small amount of duplication through names like MSFT, PLTR, and PANW.

02

How They Differ

IGV is a technology-focused equity ETF from IShares, while SCHG is a U.S. growth equity ETF from Schwab. SCHG is the broader fund, while IGV is the more targeted sleeve. SCHG has the lower expense ratio, while IGV charges more for its exposure.

03

What Drives The Overlap

The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 62.13% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.

04

When One May Fit Better

If you want the broader portfolio building block, SCHG is usually the wider choice. If you want the more focused tilt, IGV is the narrower expression. SCHG has the lower expense ratio, while IGV charges more for its exposure.

Overlap Driver Snapshot

Concentration

The top three shared holdings explain 62.13% of the full overlap score.

That helps show whether the score comes from a handful of giant shared positions or from a broader mix of common holdings.

Shared Sector Tilt

Sector tags are not consistently available for the biggest shared positions in this dataset, so this comparison leans more on the specific holdings than on sector labels.

Top Shared Holdings

These are the holdings contributing the most to the overlap score between IGV and SCHG.

HoldingNameIGV Wt.SCHG Wt.Overlap
MSFTMicrosoft Corp.8.36%7.17%7.17%
PLTRPalantir Technologies, Inc.8.82%1.25%1.25%
PANWPalo Alto Networks, Inc.5.48%0.79%0.79%
CRWDCrowdstrike Holdings, Inc.4.21%0.64%0.64%
CRMSalesforce, Inc.7.40%0.62%0.62%
APPAppLovin Corp.4.56%0.58%0.58%
NOWServiceNow, Inc.4.38%0.45%0.45%
ADBEAdobe, Inc.4.27%0.37%0.37%
CDNSCadence Design Systems, Inc.3.24%0.36%0.36%
INTUIntuit, Inc.4.75%0.32%0.32%

Why These ETFs Overlap

IGV is a technology-focused equity ETF from IShares, while SCHG is a U.S. growth equity ETF from Schwab. The overlap exists because both funds allocate meaningful weight to the same holdings. In this dataset, the biggest shared drivers are MSFT, PLTR, and PANW, which appear in both portfolios and push the overlap score higher.

Holding both IGV and SCHG can make sense if you want exposure to different sleeves of the market. The overlap is small enough that both funds may still improve diversification.

Related Comparisons

AGG vs IGV->AGG vs SCHG->BND vs IGV->BND vs SCHG->

Frequently Asked Questions About IGV and SCHG

What is the overlap between IGV and SCHG?+
IGV and SCHG currently show an estimated weighted overlap of 14.83% based on the loaded holdings data.
How many holdings do IGV and SCHG share?+
They share 31 holdings in the current dataset.
Is the IGV and SCHG overlap high?+
The current verdict is Low Overlap. That means the two ETFs have limited duplication in portfolio weight.
Why do IGV and SCHG overlap?+
IGV and SCHG overlap because the same large positions appear in both funds. In this comparison, the top three shared holdings explain 62.13% of the measured overlap score.
Which ETF is broader, IGV or SCHG?+
SCHG is the broader fund, while IGV is the more targeted sleeve. That does not automatically make one better, but it helps explain why the pair can overlap while still serving different roles.

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How Overlap Is Calculated

A straightforward approach used by portfolio analysts.

Overlap = sum(min(Weight_A, Weight_B)) for each shared holding

For every stock that appears in both ETFs, we take the smaller of the two weights. Adding up all those minimums gives the total overlap percentage. A score of 100% means the two ETFs hold the exact same stocks in the same proportions.

Want the full explanation? Read the methodology page.

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