SCHB vs SPY: fund overlap

ETF comparisons  /  SCHB vs SPY

US equity comparison · SCHB 2026-08-31 · SPY 2026-10-29

SCHB vs SPY

Schwab U.S. Broad Market ETF compared with State Street SPDR S&P 500 ETF Trust

These funds provide similar company exposure.SCHB has 1,874 companies outside the overlap; SPY has 3.

Do SCHB and SPY overlap?

SCHB and SPY overlap by 88.1% by weight, across 498 shared companies.

SCHBUS equity

Schwab U.S. Broad Market ETF

2,378holdings
0.03%annual fee
USmarket
Valuation2,201 companies covered
25.6×P / E95% by weight
4.77×P / B85% by weight
3.9%Earnings yield
SCHB holdings and fund profile
SPYUS equity

State Street SPDR S&P 500 ETF Trust

504holdings
0.09%annual fee
USmarket
Valuation492 companies covered
27.0×P / E97% by weight
5.48×P / B86% by weight
3.7%Earnings yield
SPY holdings and fund profile

Price development

Both lines rebased to 0% over their shared dates

Largest shared positions

498 companies held in both funds

SCHB weight SPY weight
Shared companySCHB SPY
NVIDIA CORP NVDA
7.20%
7.77%
Apple Inc AAPL
6.27%
7.66%
Microsoft Corp MSFT
5.08%
5.92%
ALPHABET INC GOOGL 2 share classes
4.82%
4.52%
↳ ALPHABET INC-CL A GOOGL2.68%2.50%
↳ ALPHABET INC-CL C GOOG2.14%2.02%
AMAZON.COM INC AMZN
3.43%
3.60%
BROADCOM INC AVGO
2.36%
2.47%
META PLATFORMS INC-CLASS A META
1.69%
2.07%
Micron Technology Inc MU
1.46%
1.59%
TESLA INC TSLA
1.40%
1.71%
JPMorgan Chase & Co JPM
1.29%
1.37%
BERKSHIRE HATHAWAY INC. BRK/B
1.25%
1.52%
ELI LILLY & CO LLY
1.23%
1.65%
ADVANCED MICRO DEVICES AMD
1.03%
1.39%
ExxonMobil Holdings Corporation 2670549D
0.90%
1.13%
JOHNSON & JOHNSON JNJ
0.86%
1.00%
Visa Inc V
0.85%
1.05%
Mastercard Inc MA
0.64%
0.77%
WALMART INC. WMT
0.62%
0.81%
AbbVie Inc ABBV
0.61%
0.77%
Intel Corp INTC
0.60%
0.69%
CISCO SYSTEMS, INC. CSCO
0.59%
0.64%
PALANTIR TECHNOLOGIES INC-A PLTR
0.58%
0.68%
Costco Wholesale Corp COST
0.56%
0.66%
Chevron Corp CVX
0.52%
0.69%
Bank of America Corp BAC
0.54%
0.50%

SCHB and SPY questions

Based on the holdings compared above

How much do SCHB and SPY overlap?

SCHB and SPY overlap by 88.1% by weight, across 498 shared companies.

Which companies do SCHB and SPY both hold?

The largest companies held in both funds are NVIDIA CORP, Apple Inc, Microsoft Corp, ALPHABET INC, AMAZON.COM INC.

Can I hold both SCHB and SPY?

Holding both means 88.1% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.

Is SCHB or SPY cheaper?

SCHB has a 0.03% expense ratio and SPY has 0.09%.

How do SCHB and SPY compare on valuation?

SCHB has a weighted P/E of 25.6 and SPY has a weighted P/E of 27.0.

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