IJH vs SCHD: 3% overlap
iShares Core S&P Mid-Cap ETF and Schwab U.S. Dividend Equity ETF share 3.5% 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 — SCHD 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.
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.
Top shared holdings
IJH and SCHD hold 19 of the same securities. The ten contributing most to the overlap figure:
| Holding | in IJH | in SCHD | Δ |
|---|---|---|---|
| EWBC | 0.5% | 0.4% | 0.1% |
| WSO | 0.4% | 0.3% | 0.0% |
| FNF | 0.3% | 0.3% | 0.0% |
| DINO | 0.4% | 0.3% | 0.1% |
| AFG | 0.3% | 0.2% | 0.0% |
| BAH | 0.2% | 0.2% | 0.0% |
| COLB | 0.3% | 0.2% | 0.0% |
| ALV | 0.2% | 0.2% | 0.0% |
| ORI | 0.3% | 0.2% | 0.0% |
| M | 0.2% | 0.1% | 0.0% |
Where IJH 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 | IJH | SCHD | Δ |
|---|---|---|---|
| Consumer Staples | 3.1% | 18.4% | −15.3pp |
| Industrials | 25.5% | 10.8% | +14.7pp |
| Energy | 4.9% | 14.6% | −9.6pp |
| Health Care | 10.0% | 18.3% | −8.4pp |
| Real Estate | 6.9% | 0.0% | +6.9pp |
| Financials | 15.1% | 8.8% | +6.3pp |
| Materials | 5.5% | 0.1% | +5.4pp |
| Communication Services | 1.5% | 6.0% | −4.5pp |
Δ is IJH 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
95.9% of IJH by weight, held in no part of SCHD.
96.3% of SCHD 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
| IJH | SCHD | |
|---|---|---|
| Top 10 holdings | 7.6% | 43.6% |
| Positions held | 404 | 101 |
| Cost per $10,000 held, per year | $5 | $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 IJH and SCHD overlap?
IJH and SCHD overlap 3.5% by portfolio weight — largely distinct portfolios. They share 19 holdings. The figure comes from current issuer holdings files (IJH as of 2026-07-23, SCHD as of 2026-05-31).
How is the overlap between IJH and SCHD 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 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 IJH and SCHD?
That depends on your goals — we state facts, not advice. At 3.5% overlap, each fund still contributes meaningfully distinct exposure.
What does IJH own that SCHD doesn't?
IJH holds 404 positions and SCHD holds 101; 384 of IJH's positions don't appear in SCHD at all, and they are 95.9% of IJH by weight.
You probably hold more than two funds
This page compares IJH 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 IJH 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, IJH as of 2026-07-23, SCHD as of 2026-05-31. Weights are fractions of each fund. Diagnostics, not advice.