SCHE vs VWO overlap - what they share and where they differ
SCHE and VWO share 85.9% of their weight across 1,944 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.
SCHE and VWO
85.9%
1,944 shared positions
SCHE
Schwab Emerging Markets Equity ETF
Reported positions cover 98% of the fund, 2,004 positions · May 31, 2026
Top 10: 30.4%·Holdings of SCHE
VWO
VANGUARD EMERGING MARKETS STOCK INDEX FUND
Reported positions cover 98% of the fund, 4,548 positions · Jul 31, 2026
Top 10: 27.5%·Holdings of VWO
Reported positions cover SCHE 98%, VWO 98% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
VWO vs SCHE side by side
SCHESchwab Emerging Markets Equity ETF
2,004
stock positions reported to the SEC
1.7% of its weight is in 60 names VWO does not hold
VWOVANGUARD EMERGING MARKETS STOCK INDEX FUND
4,548
stock positions reported to the SEC
10.1% of its weight is in 2,604 names SCHE does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: SCHE has 1.8 points more of it.
The figures side by side
| SCHE | VWO | |
|---|---|---|
| Filing date | May 31, 2026 | Jul 31, 2026 |
| Stock positions reported | 2,004 | 4,548 |
| Weight of the ten largest | 30.4% | 27.5% |
| Largest position | TSM 17.1% | TSM 15.6% |
| Held alone | 60 positions, 1.7% | 2,604 positions, 10.1% |
| Covered by stock positions | 98% | 98% |
Holdings they share
| Stock | In SCHE | In VWO | Counted |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Co Ltd | 17.06% | 15.59% | 15.59% |
| TENCENT HOLDINGS LIMITEDTencent Holdings Ltd | 3.15% | 3.31% | 3.15% |
| BABAAlibaba Group Holding Ltd | 2.57% | 2.41% | 2.41% |
| MEDIATEK INC.MediaTek Inc | 1.88% | 1.36% | 1.36% |
| CHINA CONSTRUCTION BANK CORPORATIONChina Construction Bank Corp | 0.90% | 0.92% | 0.90% |
| DELTA ELECTRONICS, INC.Delta Electronics Inc | 1.40% | 0.82% | 0.82% |
| HON HAI PRECISION INDUSTRY CO., LTD.Hon Hai Precision Industry Co Ltd | 1.04% | 0.81% | 0.81% |
| RSReliance Industries Ltd | 0.88% | 0.81% | 0.81% |
| HDBHDFC Bank Ltd | 0.83% | 0.78% | 0.78% |
| INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITEDIndustrial & Commercial Bank of China Ltd | 0.68% | 0.72% | 0.68% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in SCHE
Only in VWO
Questions people ask
Is SCHE the same as VWO?
85.9% of their weight sits in the same 1,944 holdings. SCHE also reports PBR, TAISHIN FINANCIAL HOLDING CO LTD, HUA HONG SEMICONDUCTOR LTD, which the other does not. VWO also reports PETROLEO BRASILEIRO SA, TS FINANCIAL HOLDING CO., LTD., KGI FINANCIAL HOLDING CO., LTD., which the other does not.
How is the overlap between SCHE and VWO measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 98% of SCHE and 98% of VWO, so the number cannot exceed the smaller coverage.
Which holds more, VWO or SCHE?
SCHE reports 2,004 stock positions and VWO reports 4,548. 1.7% of SCHE's weight sits in names VWO does not hold, and 10.1% of VWO's weight in names SCHE does not hold. The ten largest positions are 30.4% of SCHE and 27.5% of VWO.
How do SCHE and VWO differ by sector?
The widest gap is Technology: SCHE has 1.8 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.
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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.