COWZ vs SCHD overlap - what they share and where they differ

COWZ and SCHD share 26.6% of their weight across 18 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.

COWZ and SCHD

26.6%

18 shared positions

COWZ

Pacer US Cash Cows 100 ETF

Reported positions cover 100% of the fund, 100 positions · Apr 30, 2026

Top 10: 21.1%·Holdings of COWZ

SCHD

Schwab U.S. Dividend Equity ETF

Reported positions cover 100% of the fund, 99 positions · May 31, 2026

Top 10: 43.6%·Holdings of SCHD

Reported positions cover COWZ 100%, SCHD 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

SCHD vs COWZ side by side

COWZPacer US Cash Cows 100 ETF

100

stock positions reported to the SEC

72.3% of its weight is in 82 names SCHD does not hold

SCHDSchwab U.S. Dividend Equity ETF

99

stock positions reported to the SEC

59.6% of its weight is in 81 names COWZ does not hold

Where each fund's weight sits

COWZ
SCHD
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
22.3%
18.6%
Healthcare
15.2%
18.8%
Consumer Cyclical
16.5%
13.6%
Energy
15.2%
13.0%
Consumer Defensive
0.0%
13.0%
Industrials
9.3%
0.0%

The widest gap is Consumer Defensive: SCHD has 13.0 points more of it.

The figures side by side

COWZSCHD
Filing dateApr 30, 2026May 31, 2026
Stock positions reported10099
Weight of the ten largest21.1%43.6%
Largest positionQCOM 2.7%QCOM 6.7%
Held alone82 positions, 72.3%81 positions, 59.6%
Covered by stock positions100%100%

Holdings they share

StockIn COWZIn SCHDCounted
QCOMQUALCOMM Inc2.67%6.74%2.67%
MOAltria Group Inc2.20%2.94%2.20%
COPConocoPhillips2.17%3.51%2.17%
BMYBristol-Myers Squibb Co2.03%2.93%2.03%
VZVerizon Communications Inc1.90%3.65%1.90%
SLBSLB Ltd1.83%2.05%1.83%
FFord Motor Co2.01%1.72%1.72%
CMCSAComcast Corp1.71%2.25%1.71%
ACNAccenture PLC1.68%2.90%1.68%
UPSUnited Parcel Service Inc1.68%1.98%1.68%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in COWZ

CVSCVS Health Corp2.16%
UBERUber Technologies Inc2.00%
PFEPfizer Inc1.99%
FANGDiamondback Energy Inc1.98%
NEMNewmont Corp1.93%
BKNGBooking Holdings Inc1.87%
TAT&T Inc1.84%
GILDGilead Sciences Inc1.83%
MCKMcKesson Corp1.79%
MPCMarathon Petroleum Corp1.78%

Only in SCHD

TXNTexas Instruments Inc5.90%
UNHUnitedHealth Group Inc5.09%
KOCoca-Cola Co/The3.96%
MRKMerck & Co Inc3.86%
CVXChevron Corp3.83%
PGProcter & Gamble Co/The3.55%
AMGNAmgen Inc3.47%
PEPPepsiCo Inc3.44%
HDHome Depot Inc/The3.36%
ABTAbbott Laboratories2.96%

Questions people ask

Is COWZ the same as SCHD?

26.6% of their weight sits in the same 18 holdings. COWZ also reports CVS, UBER, PFE, which the other does not. SCHD also reports TXN, UNH, KO, which the other does not.

How is the overlap between COWZ and SCHD measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of COWZ and 100% of SCHD, so the number cannot exceed the smaller coverage.

Which holds more, SCHD or COWZ?

COWZ reports 100 stock positions and SCHD reports 99. 72.3% of COWZ's weight sits in names SCHD does not hold, and 59.6% of SCHD's weight in names COWZ does not hold. The ten largest positions are 21.1% of COWZ and 43.6% of SCHD.

How do COWZ and SCHD differ by sector?

The widest gap is Consumer Defensive: SCHD has 13.0 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.

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.