SCHD vs VIG vs VYM: 2.4 Effective Funds
Held in equal weight, SCHD, VIG, VYM behave like 2.4 funds rather than 3. Every figure below is computed from the funds' current published holdings.
Different holding dates. These holdings were published 30 days apart — SCHD as of 2026-05-31, the rest through 2026-06-30. Each fund is compared using its most recent file, so any trading in between shows up as a difference.
Three tickers, and the diversification of 2.4. Three funds sharing nothing would score 3.0; three identical funds score 1.0.
How the three compare
Where the duplication is
The combined figure above hides which pair is responsible. Each row is the overlap between two of the three, computed as Σ min(wA, wB).
| Pair | Overlap | |
|---|---|---|
| SCHD vs VIG | 14.0% | |
| SCHD vs VYM | 20.8% | |
| VIG vs VYM | 61.5% |
The most duplicated pair is VIG and VYM at 61.5%.
Held by all three
The ten largest of the positions that appear in SCHD, VIG, VYM together — 13.2% of a portfolio split equally between them, by the same min-sum rule.
| Holding | Smallest of the three weights |
|---|---|
| UNH | 1.56% |
| HD | 1.46% |
| PG | 1.42% |
| MRK | 1.32% |
| KO | 1.31% |
| TXN | 1.13% |
| QCOM | 0.81% |
| PEP | 0.77% |
| AMGN | 0.75% |
| ABT | 0.65% |
Frequently asked
How much do SCHD, VIG, VYM overlap?
Held in equal weight, SCHD, VIG, VYM behave like 2.4 funds rather than 3. SCHD and VIG overlap 14.0%; SCHD and VYM overlap 20.8%; VIG and VYM overlap 61.5%. Each figure is the sum of the smaller weight in each fund over every holding both own.
Which two of SCHD, VIG, VYM are most alike?
VIG and VYM, at 61.5% by weight. That pair contributes most of the duplication in the combined figure above.
What does "2.4 Effective Funds" mean?
It is the number of genuinely independent funds this combination behaves like. Three funds sharing no holdings would score 3.0; three identical funds score 1.0. It is computed from the pairwise overlaps above, weighting each fund equally, and it is a measurement rather than a target — what counts as enough depends on what you were trying to do.
These are three funds. How many do you actually hold?
This page assumes an equal split between SCHD, VIG, VYM. Paste your real holdings — every account, in the proportions you actually own them — for your own Effective Funds number, the companies underneath, and what else is duplicated. Free, no account, nothing stored.
X-ray my portfolio — free →Watch SCHD vs VIG vs VYM
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.
Sources: issuer holdings files, SCHD as of 2026-05-31, VIG as of 2026-06-30, VYM as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.