MGV vs SCHV overlap - what they share and where they differ

MGV and SCHV share 59.6% of their weight across 99 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 SCHV

59.6%

99 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

SCHV

Schwab U.S. Large-Cap Value ETF

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

Top 10: 20.3%·Holdings of SCHV

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

SCHV vs MGV side by side

MGVVANGUARD MEGA CAP VALUE INDEX FUND

119

stock positions reported to the SEC

13.4% of its weight is in 20 names SCHV does not hold

SCHVSchwab U.S. Large-Cap Value ETF

552

stock positions reported to the SEC

39.6% of its weight is in 453 names MGV does not hold

Where each fund's weight sits

MGV
SCHV
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
22.0%
25.7%
Financial Services
18.2%
14.9%
Healthcare
16.0%
11.6%
Consumer Defensive
9.6%
6.7%
Consumer Cyclical
0.0%
7.7%
Industrials
5.3%
0.0%

The widest gap is Consumer Cyclical: SCHV has 7.7 points more of it.

The figures side by side

MGVSCHV
Filing dateMay 31, 2026May 31, 2026
Stock positions reported119552
Weight of the ten largest29.3%20.3%
Largest positionMU 5.3%MU 3.5%
Held alone20 positions, 13.4%453 positions, 39.6%
Covered by stock positions100%100%

Holdings they share

StockIn MGVIn SCHVCounted
MUMicron Technology Inc5.26%3.54%3.54%
BRK.ABerkshire Hathaway Inc4.21%2.82%2.82%
JPMORGAN CHASE & CO3.64%2.62%2.62%
EXXON MOBIL CORP2.91%1.97%1.97%
JNJJohnson & Johnson2.61%1.76%1.76%
INTCIntel Corp2.20%1.75%1.75%
WMTWalmart Inc2.44%1.65%1.65%
CSCOCisco Systems Inc2.06%1.54%1.54%
CATCaterpillar Inc1.96%1.32%1.32%
ABBVAbbVie Inc1.85%1.25%1.25%

What each holds alone

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

Only in MGV

COSTCostco Wholesale Corp2.04%
UNHUnitedHealth Group Inc1.66%
GENERAL ELECTRIC CO1.55%
LINLinde PLC1.11%
TMOThermo Fisher Scientific Inc0.88%
DISWalt Disney Co/The0.87%
BLKBlackRock Funding Inc/DE0.70%
DHRDanaher Corp0.56%
PGRProgressive Corp/The0.54%
PHParker-Hannifin Corp0.51%

Only in SCHV

LRCXLam Research Corp1.29%
ORCLOracle Corp1.24%
STXSeagate Technology Holdings PLC0.62%
APHAmphenol Corp0.59%
BABoeing Co/The0.59%
MRVLMarvell Technology Inc0.58%
WDCWestern Digital Corp0.58%
TJX COS INC/THE0.56%
GLWCorning Inc0.46%
WELLWelltower Inc0.46%

Questions people ask

Is MGV the same as SCHV?

59.6% of their weight sits in the same 99 holdings. MGV also reports COST, UNH, GENERAL ELECTRIC CO, which the other does not. SCHV also reports LRCX, ORCL, STX, which the other does not.

How is the overlap between MGV and SCHV 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 SCHV, so the number cannot exceed the smaller coverage.

Which holds more, SCHV or MGV?

MGV reports 119 stock positions and SCHV reports 552. 13.4% of MGV's weight sits in names SCHV does not hold, and 39.6% of SCHV's weight in names MGV does not hold. The ten largest positions are 29.3% of MGV and 20.3% of SCHV.

How do MGV and SCHV differ by sector?

The widest gap is Consumer Cyclical: SCHV has 7.7 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.