INDA vs SCHE overlap - what they share and where they differ
INDA and SCHE share 14.0% of their weight across 158 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.
INDA and SCHE
14.0%
158 shared positions
INDA
iShares MSCI India ETF
Reported positions cover 99% of the fund, 164 positions · Aug 31, 2026
Top 10: 34.2%·Holdings of INDA
SCHE
Schwab Emerging Markets Equity ETF
Reported positions cover 98% of the fund, 2,004 positions · May 31, 2026
Top 10: 30.4%·Holdings of SCHE
Reported positions cover INDA 99%, SCHE 98% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
SCHE vs INDA side by side
INDAiShares MSCI India ETF
164
stock positions reported to the SEC
2.4% of its weight is in 6 names SCHE does not hold
SCHESchwab Emerging Markets Equity ETF
2,004
stock positions reported to the SEC
84.1% of its weight is in 1,846 names INDA does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: SCHE has 18.7 points more of it.
The figures side by side
| INDA | SCHE | |
|---|---|---|
| Filing date | Aug 31, 2026 | May 31, 2026 |
| Stock positions reported | 164 | 2,004 |
| Weight of the ten largest | 34.2% | 30.4% |
| Largest position | HDB 5.9% | TSM 17.1% |
| Held alone | 6 positions, 2.4% | 1,846 positions, 84.1% |
| Covered by stock positions | 99% | 98% |
Holdings they share
| Stock | In INDA | In SCHE | Counted |
|---|---|---|---|
| RSRELIANCE INDUSTRIES LIMITED | 5.85% | 0.88% | 0.88% |
| HDBHDFC BANK LIMITED | 5.92% | 0.83% | 0.83% |
| IBNICICI BANK LIMITED | 5.64% | 0.65% | 0.65% |
| SUGPTHE SUPREME INDUSTRIES LIMITED | 2.10% | 0.58% | 0.58% |
| BHARTI AIRTEL LIMITED | 3.73% | 0.54% | 0.54% |
| INFYINFOSYS LIMITED | 2.60% | 0.39% | 0.39% |
| AXIS BANK LIMITED | 2.18% | 0.29% | 0.29% |
| INTRINTERGLOBE AVIATION LIMITED | 0.75% | 0.29% | 0.29% |
| MAHINDRA AND MAHINDRA LIMITED | 2.15% | 0.28% | 0.28% |
| LARSEN AND TOUBRO LIMITED | 2.05% | 0.27% | 0.27% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in INDA
Only in SCHE
Questions people ask
Is INDA the same as SCHE?
14.0% of their weight sits in the same 158 holdings. INDA also reports TATA MOTORS LIMITED, CIPLA LIMITED, VEDANTA ALUMINIUM METAL LIMITED, which the other does not. SCHE also reports TSM, TENCENT HOLDINGS LIMITED, BABA, which the other does not.
How is the overlap between INDA and SCHE 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 INDA and 98% of SCHE, so the number cannot exceed the smaller coverage.
Which holds more, SCHE or INDA?
INDA reports 164 stock positions and SCHE reports 2,004. 2.4% of INDA's weight sits in names SCHE does not hold, and 84.1% of SCHE's weight in names INDA does not hold. The ten largest positions are 34.2% of INDA and 30.4% of SCHE.
How do INDA and SCHE differ by sector?
The widest gap is Technology: SCHE has 18.7 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.
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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.