SCHV vs DIA: Complete Comparison
Schwab U.S. Large-Cap Value ETF vs SPDR Dow Jones Industrial Average ETF โ overlap, correlation, performance & risk analysis
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
๐ SCHV wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: SCHV wins with better expense ratio and number of holdings. Consider SCHV for your portfolio, but DIA is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
3 shared holdings representing 4.3% portfolio overlap
Top Shared Holdings
| # | Stock | SCHV Weight | DIA Weight | Overlap |
|---|---|---|---|---|
| 1 | HD HD | 1.26% | 6.65% | 1.26% |
| 2 | CAT CAT | 1.02% | 6.25% | 1.02% |
| 3 | GS GS | 0.98% | 8.25% | 0.98% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in SCHV
Unique to SCHV
| Symbol | Name | Weight |
|---|---|---|
| BRK-B | BRK-B | 3.31% |
| JPM | JPM | 3.04% |
| WMT | WMT | 1.86% |
| XOM | XOM | 1.85% |
| JNJ | JNJ | 1.77% |
Top Holdings Only in DIA
Unique to DIA
| Symbol | Name | Weight |
|---|---|---|
| UNH | UnitedHealth Group | 9.85% |
| MSFT | Microsoft Corp | 6.85% |
| AMGN | Amgen Inc | 5.85% |
| V | Visa Inc | 5.65% |
| CRM | Salesforce Inc | 5.45% |
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.
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