MGV vs SCHD overlap - what they share and where they differ
MGV and SCHD share 20.1% of their weight across 22 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.
MGV and SCHD
20.1%
22 shared positions
MGV
VANGUARD MEGA CAP VALUE INDEX FUND
Reported positions cover 100% of the fund, 119 positions · May 31, 2026
Top 10: 29.3%·Holdings of MGV
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 MGV 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 MGV side by side
MGVVANGUARD MEGA CAP VALUE INDEX FUND
119
stock positions reported to the SEC
79.4% of its weight is in 97 names SCHD does not hold
SCHDSchwab U.S. Dividend Equity ETF
99
stock positions reported to the SEC
24.5% of its weight is in 77 names MGV does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Financial Services: MGV has 22.7 points more of it.
The figures side by side
| MGV | SCHD | |
|---|---|---|
| Filing date | May 31, 2026 | May 31, 2026 |
| Stock positions reported | 119 | 99 |
| Weight of the ten largest | 29.3% | 43.6% |
| Largest position | MU 5.3% | QCOM 6.7% |
| Held alone | 97 positions, 79.4% | 77 positions, 24.5% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In MGV | In SCHD | Counted |
|---|---|---|---|
| CVXChevron Corp | 1.66% | 3.83% | 1.66% |
| UNHUnitedHealth Group Inc | 1.66% | 5.09% | 1.66% |
| PGProcter & Gamble Co/The | 1.60% | 3.55% | 1.60% |
| HDHome Depot Inc/The | 1.52% | 3.36% | 1.52% |
| MRKMerck & Co Inc | 1.41% | 3.86% | 1.41% |
| TXNTexas Instruments Inc | 1.33% | 5.90% | 1.33% |
| KOCoca-Cola Co/The | 1.31% | 3.96% | 1.31% |
| QCOMQUALCOMM Inc | 1.29% | 6.74% | 1.29% |
| PEPPepsiCo Inc | 0.95% | 3.44% | 0.95% |
| AMGNAmgen Inc | 0.87% | 3.47% | 0.87% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in MGV
Only in SCHD
Questions people ask
Is MGV the same as SCHD?
20.1% of their weight sits in the same 22 holdings. MGV also reports MU, BRK.A, JPM, which the other does not. SCHD also reports SLB, F, TGT, which the other does not.
How is the overlap between MGV 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 MGV and 100% of SCHD, so the number cannot exceed the smaller coverage.
Which holds more, SCHD or MGV?
MGV reports 119 stock positions and SCHD reports 99. 79.4% of MGV's weight sits in names SCHD does not hold, and 24.5% of SCHD's weight in names MGV does not hold. The ten largest positions are 29.3% of MGV and 43.6% of SCHD.
How do MGV and SCHD differ by sector?
The widest gap is Financial Services: MGV has 22.7 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.
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.