ACWI vs SCHB overlap - what they share and where they differ
ACWI and SCHB share 62.8% of their weight across 529 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
ACWI and SCHB
62.8%
529 shared positions
ACWI
iShares MSCI ACWI ETF
Reported positions cover 99% of the fund, 2,068 positions · Jul 31, 2026
Top 10: 25.0%·Holdings of ACWI
SCHB
Schwab U.S. Broad Market ETF
Reported positions cover 100% of the fund, 2,398 positions · May 31, 2026
Top 10: 36.1%·Holdings of SCHB
Reported positions cover ACWI 99%, SCHB 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
SCHB vs ACWI side by side
ACWIiShares MSCI ACWI ETF
2,068
stock positions reported to the SEC
35.8% of its weight is in 1,539 names SCHB does not hold
SCHBSchwab U.S. Broad Market ETF
2,398
stock positions reported to the SEC
10.1% of its weight is in 1,869 names ACWI does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: SCHB has 11.6 points more of it.
The figures side by side
| ACWI | SCHB | |
|---|---|---|
| Filing date | Jul 31, 2026 | May 31, 2026 |
| Stock positions reported | 2,068 | 2,398 |
| Weight of the ten largest | 25.0% | 36.1% |
| Largest position | NVDA 4.6% | NVDA 7.0% |
| Held alone | 1,539 positions, 35.8% | 1,869 positions, 10.1% |
| Covered by stock positions | 99% | 100% |
Holdings they share
| Stock | In ACWI | In SCHB | Counted |
|---|---|---|---|
| NVDANVIDIA CORPORATION | 4.56% | 7.02% | 4.56% |
| AAPLAPPLE INC. | 4.46% | 6.26% | 4.46% |
| GOOGLALPHABET INC. | 3.66% | 5.44% | 3.66% |
| MSFTMICROSOFT CORPORATION | 3.22% | 4.57% | 3.22% |
| AMZNAMAZON.COM, INC. | 2.58% | 3.62% | 2.58% |
| AVGOBROADCOM INC. | 1.72% | 2.90% | 1.72% |
| METAMETA PLATFORMS, INC. | 1.20% | 1.89% | 1.20% |
| JPMJPMORGAN CHASE & CO. | 0.93% | 1.10% | 0.93% |
| LLYELI LILLY AND COMPANY | 0.91% | 1.20% | 0.91% |
| MUMICRON TECHNOLOGY, INC. | 0.91% | 1.49% | 0.91% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in ACWI
Only in SCHB
Questions people ask
Is ACWI the same as SCHB?
62.8% of their weight sits in the same 529 holdings. ACWI also reports TSM, SAMSUNG ELECTRONICS CO., LTD., ASML, which the other does not. SCHB also reports SANDISK CORP/DE, STX, ACN, which the other does not.
How is the overlap between ACWI and SCHB measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 99% of ACWI and 100% of SCHB, so the number cannot exceed the smaller coverage.
Which holds more, SCHB or ACWI?
ACWI reports 2,068 stock positions and SCHB reports 2,398. 35.8% of ACWI's weight sits in names SCHB does not hold, and 10.1% of SCHB's weight in names ACWI does not hold. The ten largest positions are 25.0% of ACWI and 36.1% of SCHB.
How do ACWI and SCHB differ by sector?
The widest gap is Technology: SCHB has 11.6 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
Other pairs with these funds
SCHB against other funds in the table
Add a third fund in the tool·All fund pairs
Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.