Guardfolio Research · ETF Overlap
VUG vs SCHD Overlap: 0.0% of Weight in Shared Holdings
VUG (Vanguard Growth) and SCHD (Schwab US Dividend Equity) share none of their top-10 holdings. With 42.0% sector overlap, this is one of the more complementary pairs — holding both adds real breadth instead of doubling down on the same names.
Overlap Summary
Bottom line
VUG and SCHD share no top-10 holdings (42.0% sector overlap). They are complementary exposures — a large-cap growth fund paired with a dividend fund — and combining them genuinely broadens a portfolio rather than concentrating it..
The Data
Exactly which stocks VUG and SCHD share
The table below shows every holding that appears in both funds' top 10, with each fund's weight and the shared (minimum) weight that counts toward overlap.
Weights are approximate, based on the most recent quarterly holdings. The 0.0% figure is the sum of the lesser of each fund's weight per shared holding (the conservative top-10 method).
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Sector Picture
VUG vs SCHD: sector exposure side by side
Two funds can share few holdings yet still concentrate the same sectors. Here is how the top sectors compare (42.0% combined sector overlap).
| Sector | VUG | SCHD |
|---|---|---|
| Technology | 50.5% | 8.5% |
| Consumer Discretionary | 14.3% | 8.5% |
| Financial Services | 6.6% | 9.2% |
| Healthcare | 5.5% | 15.9% |
| Industrials | 5.5% | 11.7% |
| Communication Services | 10.7% | 4.5% |
The Verdict
Should you hold both VUG and SCHD?
VUG and SCHD share no top-10 holdings (42.0% sector overlap). They are complementary exposures — a large-cap growth fund paired with a dividend fund — and combining them genuinely broadens a portfolio rather than concentrating it.
FAQ
VUG vs SCHD overlap: common questions
How much do VUG and SCHD overlap?
VUG (Vanguard Growth) and SCHD (Schwab US Dividend Equity) overlap by approximately 0.0% of weight based on their top-10 holdings, with 42.0% sector overlap. They share 0 top-10 holdings: no top-10 holdings.
What stocks do VUG and SCHD both hold?
VUG and SCHD share none of their top-10 holdings, which is why their overlap is effectively 0% at the top of each fund.
Is it worth holding both VUG and SCHD?
VUG and SCHD share no top-10 holdings (42.0% sector overlap). They are complementary exposures — a large-cap growth fund paired with a dividend fund — and combining them genuinely broadens a portfolio rather than concentrating it.
What is the difference between VUG and SCHD?
VUG is a large-cap growth fund (US Large-Cap Growth, 0.04% expense ratio) and SCHD is a dividend fund (US Dividend, 0.06% expense ratio). VUG's top 10 is 64.8% of the fund; SCHD's is 43.5%.
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