SCHG vs VGSLX: 1% overlap

Schwab U.S. Large-Cap Growth ETF and Vanguard Real Estate Index Admiral 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 — SCHG 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.

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
0.5%
SCHG expense ratio
0.04%
VGSLX expense ratio
0.13%

Top shared holdings

SCHG and VGSLX hold 4 of the same securities. The ten contributing most to the overlap figure:

Holdingin SCHGin VGSLXΔ
EQIX0.4%5.5%5.1%
SBAC0.1%1.0%0.9%
CASH0.1%0.6%0.6%
SUI0.0%0.8%0.7%

Where SCHG and VGSLX 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.

SectorSCHGVGSLXΔ
Real Estate0.5%84.0%83.5pp
Information Technology46.1%0.0%+46.1pp
Communication Services14.7%0.0%+14.7pp
Unclassified1.9%14.7%12.8pp
Consumer Discretionary12.1%0.2%+11.9pp
Health Care8.3%0.0%+8.3pp
Financials6.8%0.3%+6.5pp
Industrials6.0%0.0%+6.0pp

Δ is SCHG minus VGSLX, 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 SCHG
190 positions

99.4% of SCHG by weight, held in no part of VGSLX.

Only in VGSLX
141 positions

92.2% of VGSLX by weight, held in no part of SCHG.

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

Concentration and cost

SCHGVGSLX
Top 10 holdings57.2%54.1%
Positions held195145
Cost per $10,000 held, per year$4$13

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 SCHG and VGSLX overlap?

SCHG and VGSLX overlap 0.5% by portfolio weight — largely distinct portfolios. They share 4 holdings. The figure comes from current issuer holdings files (SCHG as of 2026-05-31, VGSLX as of 2026-06-30).

How is the overlap between SCHG and VGSLX calculated?

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

That depends on your goals — we state facts, not advice. At 0.5% overlap, each fund still contributes meaningfully distinct exposure.

What does SCHG own that VGSLX doesn't?

SCHG holds 195 positions and VGSLX holds 145; 190 of SCHG's positions don't appear in VGSLX at all, and they are 99.4% of SCHG by weight.

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Related comparisons

Sources: issuer holdings files, SCHG as of 2026-05-31, VGSLX as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.