PBUS vs SCHX overlap - what they share and where they differ

PBUS and SCHX share 91.5% of their weight across 496 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.

PBUS and SCHX

91.5%

496 shared positions

PBUS

Invesco MSCI USA ETF

Reported positions cover 99% of the fund, 533 positions · May 31, 2026

Top 10: 39.6%·Holdings of PBUS

SCHX

Schwab U.S. Large-Cap ETF

Reported positions cover 100% of the fund, 734 positions · May 31, 2026

Top 10: 38.5%·Holdings of SCHX

Reported positions cover PBUS 99%, SCHX 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

SCHX vs PBUS side by side

PBUSInvesco MSCI USA ETF

533

stock positions reported to the SEC

4.9% of its weight is in 37 names SCHX does not hold

SCHXSchwab U.S. Large-Cap ETF

734

stock positions reported to the SEC

7.7% of its weight is in 238 names PBUS does not hold

Where each fund's weight sits

PBUS
SCHX
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
49.4%
48.7%
Consumer Cyclical
10.2%
10.2%
Financial Services
9.3%
9.4%
Healthcare
8.6%
8.7%
Industrials
3.8%
4.1%

No sector differs by more than a point between the two.

The figures side by side

PBUSSCHX
Filing dateMay 31, 2026May 31, 2026
Stock positions reported533734
Weight of the ten largest39.6%38.5%
Largest positionNVDA 7.8%NVDA 7.5%
Held alone37 positions, 4.9%238 positions, 7.7%
Covered by stock positions99%100%

Holdings they share

StockIn PBUSIn SCHXCounted
NVDANVIDIA Corp.7.77%7.50%7.50%
AAPLApple Inc.6.94%6.69%6.69%
GOOGLAlphabet Inc.6.12%5.81%5.81%
MSFTMicrosoft Corp.4.81%4.88%4.81%
AMZNAmazon.com, Inc.3.94%3.86%3.86%
AVGOBroadcom Inc.3.05%3.10%3.05%
METAMeta Platforms, Inc.2.09%2.02%2.02%
TSLATesla, Inc.1.86%1.79%1.79%
MUMicron Technology, Inc.1.65%1.60%1.60%
LLYEli Lilly and Co.1.34%1.28%1.28%

What each holds alone

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

Only in PBUS

JPMORGAN CHASE & CO.1.23%
EXXON MOBIL CORP.0.93%
GENERAL ELECTRIC CO.0.52%
TJX COS., INC. (THE)0.26%
EATON CORP. PLC0.24%
LOWE'S COS., INC.0.18%
USBU.S. Bancorp0.13%
WILLIAMS COS., INC. (THE)0.13%
MELIMercadoLibre, Inc.0.12%
TRAVELERS COS., INC. (THE)0.10%

Only in SCHX

JPMORGAN CHASE & CO1.18%
EXXON MOBIL CORP0.89%
GENERAL ELECTRIC CO0.50%
TJX COS INC/THE0.25%
EATON CORP PLC0.23%
LOWE'S COS INC0.18%
WILLIAMS COS INC/THE0.13%
US BANCORP0.12%
TRAVELERS COS INC/THE0.09%
FLEX LTD0.08%

Questions people ask

Is PBUS the same as SCHX?

91.5% of their weight sits in the same 496 holdings. PBUS also reports JPMORGAN CHASE & CO., EXXON MOBIL CORP., GENERAL ELECTRIC CO., which the other does not. SCHX also reports JPMORGAN CHASE & CO, EXXON MOBIL CORP, GENERAL ELECTRIC CO, which the other does not.

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

Which holds more, SCHX or PBUS?

PBUS reports 533 stock positions and SCHX reports 734. 4.9% of PBUS's weight sits in names SCHX does not hold, and 7.7% of SCHX's weight in names PBUS does not hold. The ten largest positions are 39.6% of PBUS and 38.5% of SCHX.

How do PBUS and SCHX differ by sector?

No sector differs by more than a point between the two. 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.

Other pairs with these funds

PBUS against other funds in the table

SCHX against other funds in the table

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.