SCHF vs VTIP: 1% overlap
Schwab International Equity ETF and Vanguard Short-Term Inflation-Protected Securities ETF share 0.5% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.
Different holding dates. These holdings were published 30 days apart — SCHF 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.
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
SCHF and VTIP hold 1 of the same securities. The ten contributing most to the overlap figure:
| Holding | in SCHF | in VTIP | Δ |
|---|---|---|---|
| CASH | 0.5% | 0.7% | 0.2% |
Where SCHF and VTIP 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 | SCHF | VTIP | Δ |
|---|---|---|---|
| Treasuries | 0.0% | 99.3% | −99.3pp |
| Unclassified | 95.9% | 0.0% | +95.9pp |
| Financials | 1.9% | 0.0% | +1.9pp |
| Consumer Staples | 0.5% | 0.0% | +0.5pp |
| Industrials | 0.3% | 0.0% | +0.3pp |
| Energy | 0.2% | 0.0% | +0.2pp |
| Cash and/or Derivatives | 0.5% | 0.7% | −0.2pp |
| Consumer Discretionary | 0.2% | 0.0% | +0.2pp |
Δ is SCHF minus VTIP, 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
99.3% of SCHF by weight, held in no part of VTIP.
99.3% of VTIP by weight, held in no part of SCHF.
A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.
Concentration and cost
| SCHF | VTIP | |
|---|---|---|
| Top 10 holdings | 14.8% | 100.0% |
| Positions held | 1,477 | 3 |
| Cost per $10,000 held, per year | $6 | $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 SCHF and VTIP overlap?
SCHF and VTIP overlap 0.5% by portfolio weight — largely distinct portfolios. They share 1 holdings. The figure comes from current issuer holdings files (SCHF as of 2026-05-31, VTIP as of 2026-06-30).
How is the overlap between SCHF and VTIP calculated?
As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If SCHF holds a stock at 6% and VTIP 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 SCHF and VTIP?
That depends on your goals — we state facts, not advice. At 0.5% overlap, each fund still contributes meaningfully distinct exposure.
What does SCHF own that VTIP doesn't?
SCHF holds 1,477 positions and VTIP holds 3; 1,475 of SCHF's positions don't appear in VTIP at all, and they are 99.3% of SCHF by weight.
You probably hold more than two funds
This page compares SCHF and VTIP. 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 SCHF vs VTIP
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, SCHF as of 2026-05-31, VTIP as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.