SCHG is a U.S. growth equity ETF from Schwab, while VGT is a technology-focused equity ETF from Vanguard. SCHG and VGT show meaningful overlap, with an estimated weighted overlap of 45.75%. They share 46 holdings in the loaded dataset, led by NVDA, AAPL, and MSFT.
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SCHG is a U.S. growth equity ETF from Schwab, while VGT is a technology-focused equity ETF from Vanguard. SCHG and VGT show meaningful overlap, with an estimated weighted overlap of 45.75%. They share 46 holdings in the loaded dataset, led by NVDA, AAPL, and MSFT.
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SCHG is a U.S. growth equity ETF from Schwab, while VGT is a technology-focused equity ETF from Vanguard. SCHG and VGT overlap enough to matter, but they still bring different exposures to a portfolio. The overlap is concentrated in holdings such as NVDA, AAPL, and MSFT, which explains why the score lands at 45.75%.
SCHG is a U.S. growth equity ETF from Schwab, while VGT is a technology-focused equity ETF from Vanguard. SCHG is the broader fund, while VGT is the more targeted sleeve. SCHG has the lower expense ratio, while VGT charges more for its exposure.
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 61.23% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.
If you want the broader portfolio building block, SCHG is usually the wider choice. If you want the more focused tilt, VGT is the narrower expression. SCHG has the lower expense ratio, while VGT charges more for its exposure.
Concentration
The top three shared holdings explain 61.23% 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.
These are the holdings contributing the most to the overlap score between SCHG and VGT.
| Holding | Name | SCHG Wt. | VGT Wt. | Overlap |
|---|---|---|---|---|
| NVDA | NVIDIA Corp | 11.01% | 16.82% | 11.01% |
| AAPL | Apple Inc | 9.83% | 14.57% | 9.83% |
| MSFT | Microsoft Corp | 7.17% | 9.46% | 7.17% |
| AVGO | Broadcom Inc | 4.55% | 4.21% | 4.21% |
| AMD | Advanced Micro Devices Inc | 2.93% | 3.21% | 2.93% |
| PLTR | Palantir Technologies Inc | 1.25% | 1.35% | 1.25% |
| KLAC | KLA Corp | 0.88% | 1.00% | 0.88% |
| PANW | Palo Alto Networks Inc | 0.79% | 0.92% | 0.79% |
| CRWD | Crowdstrike Holdings Inc | 0.64% | 0.75% | 0.64% |
| CRM | Salesforce Inc | 0.62% | 0.69% | 0.62% |
SCHG is a U.S. growth equity ETF from Schwab, while VGT is a technology-focused equity ETF from Vanguard. The overlap exists because both funds allocate meaningful weight to the same holdings. In this dataset, the biggest shared drivers are NVDA, AAPL, and MSFT, which appear in both portfolios and push the overlap score higher.
Holding both SCHG and VGT can still be reasonable, but you should expect some duplication. The decision comes down to whether the non-overlapping parts of each ETF are important enough for your strategy.
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A straightforward approach used by portfolio analysts.
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.