SCHV is a U.S. value equity ETF from Schwab, while VYM is a dividend-focused equity ETF from Vanguard. SCHV and VYM show heavy overlap, with an estimated weighted overlap of 59.56%. They share 282 holdings in the loaded dataset, led by JPM, 30231G102, and JNJ.
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SCHV is a U.S. value equity ETF from Schwab, while VYM is a dividend-focused equity ETF from Vanguard. SCHV and VYM show heavy overlap, with an estimated weighted overlap of 59.56%. They share 282 holdings in the loaded dataset, led by JPM, 30231G102, and JNJ.
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SCHV is a U.S. value equity ETF from Schwab, while VYM is a dividend-focused equity ETF from Vanguard. SCHV and VYM share a large chunk of the same portfolio weight. The overlap is driven by positions like JPM, 30231G102, and JNJ, so owning both may not diversify your stock exposure as much as the fund names suggest.
SCHV is a U.S. value equity ETF from Schwab, while VYM is a dividend-focused equity ETF from Vanguard. SCHV is the broader fund, while VYM is the more targeted sleeve. SCHV 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 10.66% 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, SCHV is usually the wider choice. If you want the more focused tilt, VYM is the narrower expression. SCHV and VYM are priced very similarly on expense ratio.
Concentration
The top three shared holdings explain 10.66% 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 SCHV and VYM.
| Holding | Name | SCHV Wt. | VYM Wt. | Overlap |
|---|---|---|---|---|
| JPM | JPMorgan Chase & Co | 2.62% | 3.34% | 2.62% |
| 30231G102 | Exxon Mobil Corp | 1.97% | 2.72% | 1.97% |
| JNJ | Johnson & Johnson | 1.76% | 2.30% | 1.76% |
| CSCO | Cisco Systems Inc | 1.54% | 1.52% | 1.52% |
| CAT | Caterpillar Inc | 1.32% | 1.72% | 1.32% |
| ABBV | AbbVie Inc | 1.25% | 1.56% | 1.25% |
| ORCL | Oracle Corp | 1.24% | 1.13% | 1.13% |
| BAC | Bank of America Corp | 1.11% | 1.44% | 1.11% |
| CVX | Chevron Corp | 1.11% | 1.51% | 1.11% |
| PG | Procter & Gamble Co/The | 1.08% | 1.44% | 1.08% |
SCHV is a U.S. value 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 JPM, 30231G102, and JNJ, which appear in both portfolios and push the overlap score higher.
Holding both SCHV and VYM may add less diversification than you expect. Many investors would choose the ETF that best matches their goal and avoid paying for duplicate exposure.
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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.