IWM vs SCHA overlap - what they share and where they differ

IWM and SCHA share 54.0% of their weight across 1,230 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.

IWM and SCHA

54.0%

1,230 shared positions

IWM

iShares Russell 2000 ETF

Reported positions cover 100% of the fund, 1,785 positions · Jun 30, 2026

Top 10: 3.4%·Holdings of IWM

SCHA

Schwab U.S. Small-Cap ETF

Reported positions cover 100% of the fund, 1,552 positions · May 31, 2026

Top 10: 10.5%·Holdings of SCHA

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

SCHA vs IWM side by side

IWMiShares Russell 2000 ETF

1,785

stock positions reported to the SEC

13.4% of its weight is in 555 names SCHA does not hold

SCHASchwab U.S. Small-Cap ETF

1,552

stock positions reported to the SEC

45.6% of its weight is in 322 names IWM does not hold

Where each fund's weight sits

IWM
SCHA
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
18.8%
22.2%
Healthcare
19.5%
15.0%
Financial Services
16.0%
12.9%
Industrials
9.9%
9.0%
Basic Materials
7.8%
7.9%

The widest gap is Healthcare: IWM has 4.5 points more of it.

The figures side by side

IWMSCHA
Filing dateJun 30, 2026May 31, 2026
Stock positions reported1,7851,552
Weight of the ten largest3.4%10.5%
Largest positionMOG.A 0.4%SANDISK CORP/DE 5.3%
Held alone555 positions, 13.4%322 positions, 45.6%
Covered by stock positions100%100%

Holdings they share

StockIn IWMIn SCHACounted
HUTHut 8 Corp.0.37%0.25%0.25%
QBTSD-Wave Quantum, Inc.0.27%0.23%0.23%
VSATViasat, Inc.0.35%0.23%0.23%
LUMNLumen Technologies, Inc.0.23%0.22%0.22%
MOG.AMoog, Inc.0.38%0.22%0.22%
CYTKCytokinetics, Inc.0.35%0.21%0.21%
AGXArgan, Inc.0.34%0.20%0.20%
UMBFUMB Financial Corp.0.33%0.20%0.20%
CTRECareTrust REIT, Inc.0.28%0.19%0.19%
PRAXPraxis Precision Medicines, Inc.0.26%0.19%0.19%

What each holds alone

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

Only in IWM

FROGJFrog Ltd.0.31%
KULICKE & SOFFA INDUSTRIES, INC.0.21%
NUVALENT, INC.0.21%
TAYLOR MORRISON HOME CORP.0.21%
SSRMSSR Mining, Inc.0.20%
JOBYJoby Aviation, Inc.0.19%
NEW JERSEY RESOURCES CORP.0.18%
VICTORIA'S SECRET & CO.0.18%
XENEXenon Pharmaceuticals, Inc.0.18%
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL, INC.0.16%

Only in SCHA

SANDISK CORP/DE5.28%
LITELumentum Holdings Inc1.29%
RVMDRevolution Medicines Inc0.65%
STRLSterling Infrastructure Inc0.56%
ATIATI Inc0.50%
MTSIMACOM Technology Solutions Holdings Inc0.50%
NXTNextpower Inc0.49%
MKSIMKS Inc0.46%
CDECoeur Mining Inc0.42%
TTMITTM Technologies Inc0.38%

Questions people ask

Is IWM the same as SCHA?

54.0% of their weight sits in the same 1,230 holdings. IWM also reports FROG, KULICKE & SOFFA INDUSTRIES, INC., NUVALENT, INC., which the other does not. SCHA also reports SANDISK CORP/DE, LITE, RVMD, which the other does not.

How is the overlap between IWM and SCHA 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 IWM and 100% of SCHA, so the number cannot exceed the smaller coverage.

Which holds more, SCHA or IWM?

IWM reports 1,785 stock positions and SCHA reports 1,552. 13.4% of IWM's weight sits in names SCHA does not hold, and 45.6% of SCHA's weight in names IWM does not hold. The ten largest positions are 3.4% of IWM and 10.5% of SCHA.

How do IWM and SCHA differ by sector?

The widest gap is Healthcare: IWM has 4.5 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.