How much do SCHD and DGRO overlap?

The weighted-overlap result uses the smaller portfolio weight for each reliably matched shared holding. Review the data timestamp and coverage states with the percentage.

Is SCHD or DGRO more diversified?

Diversification cannot be decided from the shared-holding count alone. Compare unique holdings, concentration, sector, country, and market-cap-style exposure together.

Should I own both SCHD and DGRO?

That depends on whether the duplicated exposure is intentional. The 50/50 portfolio view shows how much of a combined allocation is shared, but it is not personalized investment advice.

How many holdings do SCHD and DGRO share?

SCHD and DGRO share 32 reliably matched holdings in the stored snapshots. Check both provider dates and identified coverage before treating the count as complete.

Can AI predict whether SCHD or DGRO will perform better?

No. AI cannot predict whether SCHD or DGRO will perform better. This page measures current holdings exposure and does not compare future returns or recommend a winner.

ETF Overlap Tool

SCHD vs DGRO ETF Overlap

Snapshot overlap answer

SCHD and DGRO share 32 matched holdings in the stored snapshots. Their weighted holdings overlap is 20.4%. SCHD has 59.3% in common holdings, while DGRO has 20.4%. The holdings dates are Jul 28, 2026 and Jul 30, 2026.

Compare ETF holdings

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Examples: VOO and VTI, QQQ and VGT, or SCHD and VYM.

Data dates and coverage

Complete

Each ETF keeps its own FMP update time. Pineify does not replace different timestamps with a single date. Result retrieved Jul 30, 2026, 05:02 AM UTC.

SCHD: Updated Jul 28, 2026, 10:07 PM UTC; Identified coverage: 100.0%; Positive long weight: 100.0%. Identified long: 100.0%.; Signed source weight: 100.0%. Unmatched long: 0.0%.
DGRO: Updated Jul 30, 2026, 04:07 AM UTC; Identified coverage: 99.9%; Positive long weight: 100.0%. Identified long: 99.9%.; Signed source weight: 100.0%. Unmatched long: 0.1%.

Shared holdings: 32; Resolved holding identities present in both ETF snapshots.
Weighted overlap: 20.4%; Sum of the smaller weight for each shared holding.
SCHD common exposure: 59.3%; Share of SCHD invested in holdings that also appear in DGRO.
DGRO common exposure: 20.4%; Share of DGRO invested in holdings that also appear in SCHD.

Top shared holdings

Ranked by the smaller weight contributed by the two ETFs.

Complete

Shared holdings for SCHD and DGRO
Holding	SCHD weight	DGRO weight	Overlap slice
PGPROCTER & GAMBLE	4.04%	2.20%	2.20%
HDHOME DEPOT INC	4.18%	2.19%	2.19%
KOCOCA-COLA	4.26%	1.95%	1.95%
MRKMERCK & CO INC	4.37%	1.91%	1.91%
UNHUNITEDHEALTH GROUP INC	4.32%	1.79%	1.79%
PEPPEPSICO INC	3.81%	1.68%	1.68%
AMGNAMGEN INC	4.42%	1.31%	1.31%
ABTABBOTT LABORATORIES	4.68%	1.10%	1.10%
COPCONOCOPHILLIPS	3.48%	0.83%	0.83%
ACNACCENTURE PLC CLASS A	2.53%	0.80%	0.80%
ADPAUTOMATIC DATA PROCESSING INC	2.64%	0.67%	0.67%
LMTLOCKHEED MARTIN CORP	2.95%	0.64%	0.64%
QCOMQUALCOMM INC	2.48%	0.59%	0.59%
EOGEOG RESOURCES INC	1.86%	0.46%	0.46%
FITBFIFTH THIRD BANCORP	1.31%	0.34%	0.34%

Top unique holdings

These resolved holdings appear on one side of the current snapshots, not both.

Unique to SCHD

VZVERIZON COMMUNICATIONS INC3.93%
CVXCHEVRON CORP3.76%
TXNTEXAS INSTRUMENT INC3.41%
BMYBRISTOL MYERS SQUIBB3.25%
MOALTRIA GROUP INC3.13%
BXBLACKSTONE INC2.49%
CMCSACOMCAST CORP CLASS A2.16%
UPSUNITED PARCEL SERVICE INC CLASS B1.97%
SLBSLB NV1.87%
TGTTARGET CORP1.64%

Unique to DGRO

JPMJPMORGAN CHASE & CO3.17%
JNJJOHNSON & JOHNSON3.15%
AAPLAPPLE INC3.11%
ABBVABBVIE INC3.06%
XOMEXXONMOBIL HOLDINGS CORP2.79%
MSFTMICROSOFT CORP2.71%
AVGOBROADCOM INC2.47%
PMPHILIP MORRIS INTERNATIONAL INC2.21%
BACBANK OF AMERICA CORP1.83%
CSCOCISCO SYSTEMS INC1.31%

Sector overlap

Sector weights are compared by normalized provider labels. Unknown weight is not reassigned.

71.8%Complete

SCHD classification coverage: Classified ratio: 100.0%. Unknown weight: 0.0%.
DGRO classification coverage: Classified ratio: 100.0%. Unknown weight: 0.0%.

Sector overlap for SCHD and DGRO
Bucket	SCHD	DGRO	Overlap
Health Care	20.77%	17.87%	17.87%
Information Technology	12.72%	17.29%	12.72%
Consumer Staples	20.64%	11.86%	11.86%
Financials	9.92%	20.43%	9.92%
Industrials	7.79%	11.30%	7.79%
Consumer Discretionary	7.69%	6.51%	6.51%
Energy	14.13%	4.83%	4.83%
Communication Services	6.22%	0.13%	0.13%
Utilities	0.11%	7.27%	0.11%
Cash & Others	0.01%	0.01%	0.01%
Materials	0.00%	2.50%	0.00%

Country overlap

Country exposure uses the current provider classification for each ETF.

97.9%Complete

SCHD classification coverage: Classified ratio: 100.0%. Unknown weight: 0.0%.
DGRO classification coverage: Classified ratio: 100.0%. Unknown weight: 0.0%.

Country overlap for SCHD and DGRO
Bucket	SCHD	DGRO	Overlap
United States	97.24%	95.32%	95.32%
Ireland	2.40%	2.83%	2.40%
Other	0.09%	0.19%	0.09%
Puerto Rico	0.06%	0.04%	0.04%
United Kingdom	0.00%	0.79%	0.00%
Switzerland	0.00%	0.46%	0.00%
Sweden	0.21%	0.00%	0.00%
Netherlands	0.00%	0.19%	0.00%
Bermuda	0.00%	0.18%	0.00%

Market-cap style overlap

Applicable equity holdings are grouped by Pineify v1 market-cap thresholds. Bonds, cash, and derivatives are excluded.

95.1%Complete

SCHD classification coverage: Classified ratio: 99.9%. Unknown weight: 0.1%.
DGRO classification coverage: Classified ratio: 98.3%. Unknown weight: 1.7%.

Market-cap style overlap for SCHD and DGRO
Bucket	SCHD	DGRO	Overlap
Large cap	96.37%	92.59%	92.59%
Mid cap	3.03%	2.47%	2.47%
Unclassified	0.08%	1.67%	0.00%
Small cap	0.52%	0.00%	0.00%

Model your whole-portfolio exposure

Enter each ETF as a share of the whole portfolio. Pineify keeps any remainder unmodeled and does not rescale the inputs.

SCHD allocation (%)DGRO allocation (%)

0% remains outside this two-ETF model.

Shared exposure: 39.8%; Combined exposure to holdings present in both ETFs.
Duplicate slice: 10.2%; The smaller scaled position for every shared holding.
Unmodeled remainder: 0.0%; Portfolio weight outside the two entered ETFs.

Method

Weighted overlap is the sum of the smaller holding weight for every matched security.
Pineify retains valid ISIN, CUSIP, and symbol aliases. Matching proceeds in stages and only accepts unique, non-conflicting identities. Names are not fuzzy matched.
Common exposure is calculated separately for each ETF. It is not the same metric as weighted overlap.
Negative weights are reported separately and excluded from the long-only overlap calculation.
Market-cap style uses Pineify methodology v1: small below $2 billion, mid from $2 billion to below $10 billion, and large at $10 billion or more. Market-cap data older than seven days is stale and the affected weight remains unclassified.

Methodology version: holdings-overlap-v1

Sources and warnings

FMP etf-holdings for SCHDProvider time: Jul 28, 2026, 10:07 PM UTC. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-info for SCHDProvider time: Jul 30, 2026, 04:33 AM UTC. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-sector-weightings for SCHDProvider time: No provider timestamp. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-country-weightings for SCHDProvider time: No provider timestamp. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-holdings for DGROProvider time: Jul 30, 2026, 04:07 AM UTC. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-info for DGROProvider time: Jul 30, 2026, 01:32 AM UTC. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-sector-weightings for DGROProvider time: No provider timestamp. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-country-weightings for DGROProvider time: No provider timestamp. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP market-capitalization-batchProvider time: No provider timestamp. Retrieved Jul 30, 2026, 05:02 AM UTC.

Data notes

Some positive holding weight did not have a reliable security identity.
Holding tables show the highest-weight rows; calculations use every resolved holding.
7 market-cap observations were too old for current style classification.
1 applicable symbols did not have a current market-cap observation.
The two ETF holdings snapshots have different FMP update times.

What this SCHD and DGRO result means

Holding count and weight answer different questions

The shared count shows how many resolved holding identities appear on both sides. Weighted overlap shows how much of the smaller position lines up for each shared security.

This is not a performance comparison

The page does not compare fees, liquidity, tracking error, taxes, or historical returns. Use those factors in a separate fund review before making an investment decision.

Published pair pages

Open the ETF Overlap tool

SCHD / VYMSCHD vs VYM ETF OverlapInspect shared holdings and duplicate exposure for this pair.SPY / VOOSPY vs VOO ETF OverlapInspect shared holdings and duplicate exposure for this pair.VOO / VTIVOO vs VTI ETF OverlapInspect shared holdings and duplicate exposure for this pair.

ETF overlap questions

A next step after overlap

Put the duplicate exposure in research context

ETF overlap explains portfolio composition. Finance Agent can help you inspect the funds, sectors, and holdings behind the result. It does not turn overlap into a buy or sell recommendation.

Research with Finance Agent Open portfolio analysis

Pineify ETF Overlap is an information tool, not investment advice. The analysis does not compare fees, liquidity, past performance, or expected returns, and it does not recommend one ETF over another. Data can be incomplete or delayed. No tool or AI system can predict ETF prices or guarantee a return.