SCHB vs VOO Overlap AnalysisOverlap
Comparing Schwab U.S. Broad Market ETF and Vanguard S&P 500 ETF
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ ๏ธRisk Metrics
Interpretation:
- ๐ Lower volatility = smoother ride
- โก Higher Sharpe/Sortino = better risk-adjusted returns
- โ ๏ธ Smaller max drawdown = less worst-case pain
- ๐ Beta > 1 = more volatile than S&P 500
โ๏ธHead-to-Head Comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: SCHB and VOO are very similar. Choose based on your broker's commission structure or personal preference.
Detailed Overlap Analysis
404 shared holdings representing 72.9% portfolio overlap
Top Shared Holdings
| # | Stock | SCHB Weight | VOO Weight | Overlap |
|---|---|---|---|---|
| 1 | NVDA NVDA | 7.17% | 7.37% | 7.17% |
| 2 | MSFT MSFT | 6.47% | 6.24% | 6.24% |
| 3 | AAPL AAPL | 5.00% | 7.07% | 5.00% |
| 4 | AMZN AMZN | 3.33% | 3.86% | 3.33% |
| 5 | META META | 2.73% | 2.40% | 2.40% |
| 6 | AVGO AVGO | 2.27% | 3.24% | 2.27% |
| 7 | GOOGL GOOGL | 1.87% | 3.18% | 1.87% |
| 8 | GOOG GOOG | 1.51% | 2.55% | 1.51% |
| 9 | TSLA TSLA | 1.43% | 2.06% | 1.43% |
| 10 | BRK-B BRK-B | 1.40% | 1.61% | 1.40% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in SCHB
Unique to SCHB
| Symbol | Name | Weight |
|---|---|---|
| ORCL | ORCL | 0.69% |
| HD | HD | 0.63% |
| PLTR | PLTR | 0.61% |
| PG | PG | 0.58% |
| QCOM | QCOM | 0.54% |
Top Holdings Only in VOO
Unique to VOO
| Symbol | Name | Weight |
|---|---|---|
| BLK | BLK | 0.26% |
| FICO | FICO | 0.07% |
| A | A | 0.07% |
| EQT | EQT | 0.06% |
| FISV | FISV | 0.06% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.