SCHA vs SPSM overlap - what they share and where they differ
SCHA and SPSM share 33.7% of their weight across 577 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.
SCHA and SPSM
33.7%
577 shared positions
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
SPSM
State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF
Reported positions cover 100% of the fund, 599 positions · Jun 30, 2026
Top 10: 5.9%·Holdings of SPSM
Reported positions cover SCHA 100%, SPSM 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
SPSM vs SCHA side by side
SCHASchwab U.S. Small-Cap ETF
1,552
stock positions reported to the SEC
66.1% of its weight is in 975 names SPSM does not hold
SPSMState Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF
599
stock positions reported to the SEC
6.4% of its weight is in 22 names SCHA does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Consumer Cyclical: SPSM has 11.3 points more of it.
The figures side by side
| SCHA | SPSM | |
|---|---|---|
| Filing date | May 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 1,552 | 599 |
| Weight of the ten largest | 10.5% | 5.9% |
| Largest position | SANDISK CORP/DE 5.3% | FORM 0.7% |
| Held alone | 975 positions, 66.1% | 22 positions, 6.4% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In SCHA | In SPSM | Counted |
|---|---|---|---|
| VSATViasat Inc | 0.23% | 0.66% | 0.23% |
| LUMNLumen Technologies Inc | 0.22% | 0.39% | 0.22% |
| AGXArgan Inc | 0.20% | 0.60% | 0.20% |
| ESIElement Solutions Inc | 0.20% | 0.59% | 0.20% |
| FORMFormFactor Inc | 0.20% | 0.68% | 0.20% |
| ENPHEnphase Energy Inc | 0.19% | 0.35% | 0.19% |
| BTSGBrightSpring Health Services Inc | 0.17% | 0.60% | 0.17% |
| KRYSKrystal Biotech Inc | 0.17% | 0.53% | 0.17% |
| POWLPowell Industries Inc | 0.17% | 0.44% | 0.17% |
| SNEXStoneX Group Inc | 0.17% | 0.45% | 0.17% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in SCHA
Only in SPSM
Questions people ask
Is SCHA the same as SPSM?
33.7% of their weight sits in the same 577 holdings. SCHA also reports SANDISK CORP/DE, LITE, RVMD, which the other does not. SPSM also reports MOH, MTCH, EMN, which the other does not.
How is the overlap between SCHA and SPSM 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 SCHA and 100% of SPSM, so the number cannot exceed the smaller coverage.
Which holds more, SPSM or SCHA?
SCHA reports 1,552 stock positions and SPSM reports 599. 66.1% of SCHA's weight sits in names SPSM does not hold, and 6.4% of SPSM's weight in names SCHA does not hold. The ten largest positions are 10.5% of SCHA and 5.9% of SPSM.
How do SCHA and SPSM differ by sector?
The widest gap is Consumer Cyclical: SPSM has 11.3 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.
Other pairs with these funds
SPSM 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.