SCHV vs VEA Overlap
SCHV is a U.S. value equity ETF from Schwab, while VEA is an equity ETF from Vanguard. SCHV and VEA show limited overlap, with an estimated weighted overlap of 0.05%. They share 3 holdings in the loaded dataset, led by STE, SCI, and COR.
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Quick Answer
SCHV is a U.S. value equity ETF from Schwab, while VEA is an equity ETF from Vanguard. SCHV and VEA show limited overlap, with an estimated weighted overlap of 0.05%. They share 3 holdings in the loaded dataset, led by STE, SCI, and COR.
- 0.05% weighted overlap across 3 shared holdings.
- The top three shared holdings explain 106% of the measured overlap.
- SCHV is the broader fund, while VEA 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
- SCHV holdings
- Mar 12, 2026
- VEA holdings
- Mar 12, 2026
- Overlap computed
- Mar 14, 2026
- Data source
- Financial Modeling Prep
Review the methodology for the overlap formula and refresh policy.
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About These ETFs
What Stands Out In This Comparison
What This Means
SCHV is a U.S. value equity ETF from Schwab, while VEA is an equity ETF from Vanguard. SCHV and VEA 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 STE, SCI, and COR.
How They Differ
SCHV is a U.S. value equity ETF from Schwab, while VEA is an equity ETF from Vanguard. SCHV is the broader fund, while VEA is the more targeted sleeve. VEA has the lower expense ratio, while SCHV charges more for its exposure.
What Drives The Overlap
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 106% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.
When One May Fit Better
If you want the broader portfolio building block, SCHV is usually the wider choice. If you want the more focused tilt, VEA is the narrower expression. VEA has the lower expense ratio, while SCHV charges more for its exposure.
Overlap Driver Snapshot
Concentration
The top three shared holdings explain 106% 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 SCHV and VEA.
| Holding | Name | SCHV Wt. | VEA Wt. | Overlap |
|---|---|---|---|---|
| STE | STERIS | 0.08% | 0.04% | 0.04% |
| SCI | SERVICE CORPORATION INTERNATIONAL | 0.04% | 0.01% | 0.01% |
| COR | CENCORA INC | 0.24% | 0.00% | 0.00% |
Why These ETFs Overlap
SCHV is a U.S. value equity ETF from Schwab, while VEA is an 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 STE, SCI, and COR, which appear in both portfolios and push the overlap score higher.
Holding both SCHV and VEA 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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Frequently Asked Questions About SCHV and VEA
What is the overlap between SCHV and VEA?+
How many holdings do SCHV and VEA share?+
Is the SCHV and VEA overlap high?+
Why do SCHV and VEA overlap?+
Which ETF is broader, SCHV or VEA?+
How Overlap Is Calculated
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.