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ETF comparison

SCHD vs VOO

Dividend vs US Large Cap.

Schwab U.S. Dividend Equity ETF · Vanguard S&P 500 ETF

Holdings overlap

Weighted by ISIN/CUSIP
7.6 %

46 positions appear in both funds. Buying equal dollars of SCHD and VOO would leave roughly 7.6% of each dollar exposed to the same underlying securities.

SCHD unmatched 92.1% Shared 7.6% VOO unmatched 92.1%

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
53 positions
Shared
46 positions
In VOO only
458 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%
VOO

Vanguard S&P 500 ETF

Vanguard · US Large Cap

91 composite / 100
Expense ratio
0.030%
Net assets
$1.73T
whole fund, 4 share classes
TTM yield
1.06%
Top-10 conc.
36.4%

Sub-score comparison

94
Cost
97
75
Tax efficiency
88
100
Liquidity
100
52
Concentration
62
—
Tracking quality
—
SCHD sub-score VOO

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

Cost difference

VOO 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 VOO.

Top shared holdings

46 shared in total
# Holding In SCHD In VOO Overlap
1 UnitedHealth Group Inc 5.09% 0.59% 0.59%
2 Home Depot Inc/The 3.36% 0.54% 0.54%
3 Procter & Gamble Co/The 3.55% 0.53% 0.53%
4 Merck & Co Inc 3.86% 0.49% 0.49%
5 Coca-Cola Co/The 3.96% 0.49% 0.49%
6 Chevron Corp 3.83% 0.48% 0.48%
7 Texas Instruments Inc 5.90% 0.42% 0.42%
8 Amgen Inc 3.47% 0.30% 0.30%
9 QUALCOMM Inc 6.74% 0.30% 0.30%
10 PepsiCo Inc 3.44% 0.29% 0.29%
11 Verizon Communications Inc 3.65% 0.27% 0.27%
12 Abbott Laboratories 2.96% 0.25% 0.25%

Only in SCHD

53 total
  • East West Bancorp Inc 0.42%
  • Watsco Inc 0.32%
  • Fidelity National Financial Inc 0.30%
  • HF Sinclair Corp 0.28%
  • Booz Allen Hamilton Holding Corp 0.24%
  • American Financial Group Inc/OH 0.23%
  • Columbia Banking System Inc 0.22%
  • Autoliv Inc 0.22%
  • Old Republic International Corp 0.21%
  • Macy's Inc 0.15%

Only in VOO

458 total
  • NVIDIA Corp 7.51%
  • Apple Inc 6.59%
  • Microsoft Corp 4.30%
  • Amazon.com Inc 3.62%
  • Alphabet Inc 3.25%
  • Broadcom Inc 2.77%
  • Alphabet Inc 2.59%
  • Micron Technology Inc 2.02%
  • Meta Platforms Inc 1.92%
  • Tesla Inc 1.84%

Percentages are holdings overlap with the named fund.

Open SCHD or VOO 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.