AWSHX vs SCHD: 10% overlap
American Funds Washington Mutual A and Schwab U.S. Dividend Equity ETF share 10.2% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.
Different holding dates. These holdings were published 31 days apart — AWSHX as of 2026-04-30, the rest through 2026-05-31. Each fund is compared using its most recent file, so any trading in between shows up as a difference.
You would hold two tickers and get the diversification of 1.9. Two funds that shared nothing would score 2.0; two identical funds score 1.0.
Top shared holdings
AWSHX and SCHD hold 23 of the same securities. The ten contributing most to the overlap figure:
| Holding | in AWSHX | in SCHD | Δ |
|---|---|---|---|
| UNH | 1.5% | 5.1% | 3.6% |
| AMGN | 1.2% | 3.5% | 2.3% |
| COP | 0.8% | 3.5% | 2.7% |
| ABT | 0.7% | 3.0% | 2.3% |
| CMCSA | 0.7% | 2.2% | 1.6% |
| HD | 0.6% | 3.4% | 2.7% |
| PAYX | 0.6% | 0.8% | 0.2% |
| EOG | 0.6% | 1.8% | 1.2% |
| DRI | 0.5% | 0.6% | 0.1% |
| KO | 0.5% | 4.0% | 3.5% |
Where AWSHX and SCHD differ
Sector weights as a share of each fund, ordered by the size of the gap rather than the size of the sector — two funds that overlap heavily still usually diverge somewhere.
| Sector | AWSHX | SCHD | Δ |
|---|---|---|---|
| Consumer Staples | 7.0% | 18.4% | −11.4pp |
| Energy | 3.3% | 14.6% | −11.3pp |
| Information Technology | 21.9% | 12.9% | +8.9pp |
| Health Care | 10.7% | 18.3% | −7.6pp |
| Financials | 15.0% | 8.8% | +6.2pp |
| Unclassified | 7.9% | 2.9% | +5.0pp |
| Utilities | 3.8% | 0.1% | +3.7pp |
| Real Estate | 3.3% | 0.0% | +3.3pp |
Δ is AWSHX minus SCHD, in percentage points. Sector data is not published by every issuer, so “Unclassified” is a real category rather than a gap in the table.
What each fund holds alone
89.3% of AWSHX by weight, held in no part of SCHD.
41.8% of SCHD by weight, held in no part of AWSHX.
A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.
Concentration and cost
| AWSHX | SCHD | |
|---|---|---|
| Top 10 holdings | 29.9% | 43.6% |
| Positions held | 197 | 101 |
| Cost per $10,000 held, per year | $57 | $6 |
Cost is the expense ratio applied to $10,000; it excludes any brokerage commission, bid-ask spread or tax consequence. Figures are facts about the funds, not a suggestion about which to hold.
Frequently asked
How much do AWSHX and SCHD overlap?
AWSHX and SCHD overlap 10.2% by portfolio weight — largely distinct portfolios. They share 23 holdings. The figure comes from current issuer holdings files (AWSHX as of 2026-04-30, SCHD as of 2026-05-31).
How is the overlap between AWSHX and SCHD calculated?
As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If AWSHX holds a stock at 6% and SCHD holds the same stock at 4%, 4% counts as shared. The result is bounded between 0% and 100%, and it is computed after looking through any fund-of-funds to the underlying holdings.
Is it redundant to hold both AWSHX and SCHD?
That depends on your goals — we state facts, not advice. At 10.2% overlap, each fund still contributes meaningfully distinct exposure.
What does AWSHX own that SCHD doesn't?
AWSHX holds 197 positions and SCHD holds 101; 174 of AWSHX's positions don't appear in SCHD at all, and they are 89.3% of AWSHX by weight.
You probably hold more than two funds
This page compares AWSHX and SCHD. Paste your whole portfolio — brokerage, 401(k), IRA — and see the overlap across every fund at once, plus what you actually own underneath them and your own Effective Funds number. Free, no account, nothing stored.
X-ray my portfolio — free →Watch AWSHX vs SCHD
We re-read both funds’ published holdings every weeknight. Leave an address and we'll tell you when what's inside actually changes.
Not sending yet — email alerts are built but switched off, and you'll be among the first when they turn on. No spam, one-click unsubscribe.
Related comparisons
Sources: issuer holdings files, AWSHX as of 2026-04-30, SCHD as of 2026-05-31. Weights are fractions of each fund. Diagnostics, not advice.