SCHX vs SPY: fund overlap

ETF comparisons  /  SCHX vs SPY

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

SCHX vs SPY

Schwab U.S. Large-Cap ETF compared with State Street SPDR S&P 500 ETF Trust

These funds provide similar company exposure.SCHX has 252 companies outside the overlap; SPY has 6.

Do SCHX and SPY overlap?

SCHX and SPY overlap by 92.6% by weight, across 495 shared companies.

SCHXUS equity

Schwab U.S. Large-Cap ETF

750holdings
0.03%annual fee
USmarket
Valuation723 companies covered
25.9×P / E96% by weight
5.15×P / B85% by weight
3.9%Earnings yield
SCHX 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

495 companies held in both funds

SCHX weight SPY weight
Shared companySCHX SPY
NVIDIA CORP NVDA
7.70%
7.77%
Apple Inc AAPL
6.70%
7.66%
Microsoft Corp MSFT
5.42%
5.92%
ALPHABET INC GOOGL 2 share classes
5.15%
4.52%
↳ ALPHABET INC-CL A GOOGL2.86%2.50%
↳ ALPHABET INC-CL C GOOG2.28%2.02%
AMAZON.COM INC AMZN
3.66%
3.60%
BROADCOM INC AVGO
2.53%
2.47%
META PLATFORMS INC-CLASS A META
1.81%
2.07%
Micron Technology Inc MU
1.56%
1.59%
TESLA INC TSLA
1.49%
1.71%
JPMorgan Chase & Co JPM
1.37%
1.37%
BERKSHIRE HATHAWAY INC. BRK/B
1.33%
1.52%
ELI LILLY & CO LLY
1.32%
1.65%
ADVANCED MICRO DEVICES AMD
1.11%
1.39%
ExxonMobil Holdings Corporation 2670549D
0.96%
1.13%
JOHNSON & JOHNSON JNJ
0.92%
1.00%
Visa Inc V
0.91%
1.05%
Mastercard Inc MA
0.68%
0.77%
WALMART INC. WMT
0.66%
0.81%
AbbVie Inc ABBV
0.65%
0.77%
Intel Corp INTC
0.64%
0.69%
CISCO SYSTEMS, INC. CSCO
0.63%
0.64%
PALANTIR TECHNOLOGIES INC-A PLTR
0.62%
0.68%
Costco Wholesale Corp COST
0.60%
0.66%
Chevron Corp CVX
0.56%
0.69%
Merck & Co Inc MRK
0.53%
0.54%

SCHX and SPY questions

Based on the holdings compared above

How much do SCHX and SPY overlap?

SCHX and SPY overlap by 92.6% by weight, across 495 shared companies.

Which companies do SCHX 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 SCHX and SPY?

Holding both means 92.6% 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 SCHX or SPY cheaper?

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

How do SCHX and SPY compare on valuation?

SCHX has a weighted P/E of 25.9 and SPY has a weighted P/E of 27.0.

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