IJH vs SCHB: 5% overlap

iShares Core S&P Mid-Cap ETF and Schwab U.S. Broad Market ETF share 4.7% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.

Different holding dates. These holdings were published about 2 months apart — SCHB as of 2026-05-31, the rest through 2026-07-23. Each fund is compared using its most recent file, so any trading in between shows up as a difference.

Hold both, 50/50
2.0Effective Funds

You would hold two tickers and get the diversification of 2.0. Two funds that shared nothing would score 2.0; two identical funds score 1.0.

Overlap
4.7%
IJH expense ratio
0.05%
SCHB expense ratio
0.03%

Top shared holdings

IJH and SCHB hold 386 of the same securities. The ten contributing most to the overlap figure:

Holdingin IJHin SCHBΔ
CASH0.1%0.2%0.1%
TWLO0.8%0.0%0.7%
CW0.8%0.0%0.7%
STRL0.6%0.0%0.6%
XPO0.7%0.0%0.7%
P0.7%0.0%0.6%
ILMN0.8%0.0%0.8%
ATI0.8%0.0%0.7%
UTHR0.6%0.0%0.6%
MTSI0.5%0.0%0.5%

Where IJH and SCHB 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.

SectorIJHSCHBΔ
Information Technology13.9%35.8%21.9pp
Industrials25.5%8.8%+16.7pp
Communication Services1.5%9.6%8.1pp
Real Estate6.9%2.2%+4.8pp
Financials15.1%11.1%+4.0pp
Materials5.5%1.6%+3.9pp
Unclassified0.0%3.5%3.5pp
Energy4.9%3.2%+1.8pp

Δ is IJH minus SCHB, 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

Only in IJH
17 positions

5.3% of IJH by weight, held in no part of SCHB.

Only in SCHB
2,020 positions

95.3% of SCHB by weight, held in no part of IJH.

A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.

Concentration and cost

IJHSCHB
Top 10 holdings7.6%34.9%
Positions held4042,407
Cost per $10,000 held, per year$5$3

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 IJH and SCHB overlap?

IJH and SCHB overlap 4.7% by portfolio weight — largely distinct portfolios. They share 386 holdings. The figure comes from current issuer holdings files (IJH as of 2026-07-23, SCHB as of 2026-05-31).

How is the overlap between IJH and SCHB calculated?

As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If IJH holds a stock at 6% and SCHB 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 IJH and SCHB?

That depends on your goals — we state facts, not advice. At 4.7% overlap, each fund still contributes meaningfully distinct exposure.

What does IJH own that SCHB doesn't?

IJH holds 404 positions and SCHB holds 2,407; 17 of IJH's positions don't appear in SCHB at all, and they are 5.3% of IJH by weight.

You probably hold more than two funds

This page compares IJH and SCHB. 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 IJH vs SCHB

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, IJH as of 2026-07-23, SCHB as of 2026-05-31. Weights are fractions of each fund. Diagnostics, not advice.