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ETF comparison

SCHD vs VO

Dividend vs US Mid Cap.

Schwab U.S. Dividend Equity ETF · Vanguard Morningstar Mid-Cap ETF

Holdings overlap

Weighted by ISIN/CUSIP
6.9 %

20 positions appear in both funds. Buying equal dollars of SCHD and VO would leave roughly 6.9% of each dollar exposed to the same underlying securities.

SCHD unmatched 92.9% Shared 6.9% VO unmatched 92.8%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In SCHD only
79 positions
Shared
20 positions
In VO only
262 positions

Side by side

SCHD

Schwab U.S. Dividend Equity ETF

Schwab · Dividend

85 composite / 100
Expense ratio
0.060%
Net assets
$107.89B
TTM yield
2.99%
Top-10 conc.
43.6%
VO

Vanguard Morningstar Mid-Cap ETF

Vanguard · US Mid Cap

96 composite / 100
Expense ratio
0.030%
Net assets
$216.43B
whole fund, 5 share classes
TTM yield
1.00%
Top-10 conc.
9.5%

Sub-score comparison

94
Cost
97
75
Tax efficiency
88
100
Liquidity
100
52
Concentration
100
—
Tracking quality
—
SCHD sub-score VO

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

VO is 3 bps cheaper than SCHD. On a $100,000 position that's about $30/yr more in fees for SCHD.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with SCHD vs VO.

Top shared holdings

20 shared in total
# Holding In SCHD In VO Overlap
1 SLB Ltd 2.05% 0.67% 0.67%
2 Target Corp 1.45% 0.57% 0.57%
3 Fastenal Co 1.28% 0.53% 0.53%
4 ONEOK Inc 1.33% 0.53% 0.53%
5 Ford Motor Co 1.72% 0.53% 0.53%
6 Fifth Third Bancorp 1.13% 0.49% 0.49%
7 Devon Energy Corp 1.29% 0.46% 0.46%
8 Archer-Daniels-Midland Co 0.96% 0.36% 0.36%
9 Kimberly-Clark Corp 0.81% 0.35% 0.35%
10 Paychex Inc 0.79% 0.31% 0.31%
11 Cincinnati Financial Corp 0.62% 0.28% 0.28%
12 Hershey Co/The 0.72% 0.25% 0.25%

Only in SCHD

79 total
  • QUALCOMM Inc 6.74%
  • Texas Instruments Inc 5.90%
  • UnitedHealth Group Inc 5.09%
  • Coca-Cola Co/The 3.96%
  • Merck & Co Inc 3.86%
  • Chevron Corp 3.83%
  • Verizon Communications Inc 3.65%
  • Procter & Gamble Co/The 3.55%
  • ConocoPhillips 3.51%
  • Amgen Inc 3.47%

Only in VO

262 total
  • Vertiv Holdings Co 1.22%
  • Western Digital Corp 1.06%
  • Seagate Technology Holdings PLC 1.05%
  • Quanta Services Inc 1.04%
  • Howmet Aerospace Inc 1.04%
  • Cummins Inc 0.95%
  • Datadog Inc 0.83%
  • Bloom Energy Corp 0.79%
  • Constellation Energy Corp 0.78%
  • Robinhood Markets Inc 0.77%

Percentages are holdings overlap with the named fund.

Open SCHD or VO at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.