PRGFX vs SCHD: 0% overlap
T. Rowe Price Growth Stock and Schwab U.S. Dividend Equity ETF share 0.3% 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 — PRGFX as of 2026-03-31, 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 2.0. Two funds that shared nothing would score 2.0; two identical funds score 1.0.
Top shared holdings
PRGFX and SCHD hold 1 of the same securities. The ten contributing most to the overlap figure:
| Holding | in PRGFX | in SCHD | Δ |
|---|---|---|---|
| UNH | 0.3% | 5.1% | 4.8% |
Where PRGFX 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 | PRGFX | SCHD | Δ |
|---|---|---|---|
| Information Technology | 48.2% | 12.9% | +35.3pp |
| Consumer Staples | 0.8% | 18.4% | −17.6pp |
| Energy | 0.0% | 14.6% | −14.6pp |
| Health Care | 6.5% | 18.3% | −11.9pp |
| Communication Services | 13.1% | 6.0% | +7.1pp |
| Industrials | 5.6% | 10.8% | −5.3pp |
| Consumer Discretionary | 10.7% | 6.8% | +3.8pp |
| Financials | 5.1% | 8.8% | −3.7pp |
Δ is PRGFX 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
96.3% of PRGFX by weight, held in no part of SCHD.
94.7% of SCHD by weight, held in no part of PRGFX.
A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.
Concentration and cost
| PRGFX | SCHD | |
|---|---|---|
| Top 10 holdings | 62.8% | 43.6% |
| Positions held | 79 | 101 |
| Cost per $10,000 held, per year | $64 | $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 PRGFX and SCHD overlap?
PRGFX and SCHD overlap 0.3% by portfolio weight — largely distinct portfolios. They share 1 holdings. The figure comes from current issuer holdings files (PRGFX as of 2026-03-31, SCHD as of 2026-05-31).
How is the overlap between PRGFX and SCHD calculated?
As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If PRGFX 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 PRGFX and SCHD?
That depends on your goals — we state facts, not advice. At 0.3% overlap, each fund still contributes meaningfully distinct exposure.
What does PRGFX own that SCHD doesn't?
PRGFX holds 79 positions and SCHD holds 101; 77 of PRGFX's positions don't appear in SCHD at all, and they are 96.3% of PRGFX by weight.
You probably hold more than two funds
This page compares PRGFX 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.
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Related comparisons
Sources: issuer holdings files, PRGFX as of 2026-03-31, SCHD as of 2026-05-31. Weights are fractions of each fund. Diagnostics, not advice.