SCHG is a U.S. growth equity ETF from Schwab, while VYM is a dividend-focused equity ETF from Vanguard. SCHG and VYM show limited overlap, with an estimated weighted overlap of 8.98%. They share 19 holdings in the loaded dataset, led by AVGO, UNH, and DIS.
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SCHG is a U.S. growth equity ETF from Schwab, while VYM is a dividend-focused equity ETF from Vanguard. SCHG and VYM show limited overlap, with an estimated weighted overlap of 8.98%. They share 19 holdings in the loaded dataset, led by AVGO, UNH, and DIS.
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SCHG is a U.S. growth equity ETF from Schwab, while VYM is a dividend-focused equity ETF from Vanguard. SCHG and VYM 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 AVGO, UNH, and DIS.
SCHG is a U.S. growth equity ETF from Schwab, while VYM is a dividend-focused equity ETF from Vanguard. SCHG is the broader fund, while VYM is the more targeted sleeve. SCHG and VYM are priced very similarly on expense ratio.
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 71.06% 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, VYM is the narrower expression. SCHG and VYM are priced very similarly on expense ratio.
Concentration
The top three shared holdings explain 71.06% 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 VYM.
| Holding | Name | SCHG Wt. | VYM Wt. | Overlap |
|---|---|---|---|---|
| AVGO | Broadcom Inc | 4.55% | 8.03% | 4.55% |
| UNH | UnitedHealth Group Inc | 1.20% | 1.40% | 1.20% |
| DIS | Walt Disney Co/The | 0.63% | 0.77% | 0.63% |
| BLK | Blackrock Inc | 0.52% | 0.68% | 0.52% |
| PGR | Progressive Corp/The | 0.39% | 0.49% | 0.39% |
| TMUS | T-Mobile US Inc | 0.31% | 0.39% | 0.31% |
| PSX | Phillips 66 | 0.25% | 0.30% | 0.25% |
| BKR | Baker Hughes a GE Co LLC | 0.22% | 0.29% | 0.22% |
| APO | Apollo Global Management Inc | 0.21% | 0.22% | 0.21% |
| TRGP | Targa Resources Corp | 0.19% | 0.23% | 0.19% |
SCHG is a U.S. growth equity ETF from Schwab, while VYM is a dividend-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 AVGO, UNH, and DIS, which appear in both portfolios and push the overlap score higher.
Holding both SCHG and VYM 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.
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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.