SPDW vs SCHF overlap
SPDW and SCHF overlap 85.6% by weight, across 1,380 shared holdings.
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Top shared holdings
| Holding | SPDW | SCHF | Overlap |
|---|---|---|---|
| SK Hynix Inc.000660 | 2.79% | 2.81% | 2.79% |
| ASML Holding NVASML | 2.28% | 2.10% | 2.10% |
| HSBC Holdings PLHSBA | 0.97% | 1.08% | 0.97% |
| Astrazeneca PLCAZN | 0.87% | 0.93% | 0.87% |
| Roper TechnologiROP | 0.86% | 0.99% | 0.86% |
| Royal Bank of CARY | 0.86% | 0.90% | 0.86% |
| Novartis AG-REGNOVN | 0.86% | 0.97% | 0.86% |
| Nestle SA-REGNESN | 0.80% | 0.88% | 0.80% |
| Siemens AG-REGSIE | 0.70% | 0.77% | 0.70% |
| Mitsubishi UFJ F8306 | 0.72% | 0.69% | 0.69% |
| Shell PLCSHELL | 0.68% | 0.80% | 0.68% |
| BHP Group Ltd.BHP | 0.63% | 0.74% | 0.63% |
| Toyota Motor7203 | 0.61% | 0.68% | 0.61% |
| Banco SantanderSAN | 0.60% | 0.61% | 0.60% |
| Toronto-DOM BankTD | 0.60% | 0.64% | 0.60% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: SPDW, SEC Form N-PORT, June 30, 2026; SCHF, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | SPDW | SCHF |
|---|---|---|
| Northwestern Mutual Wealth Management Co | $146.1M | $8.6B |
| Creative Planning | $7.3B | $1.3B |
| Financial Engines Advisors L.L.C. | $2.6B | $4.1B |
| Empower Advisory Group, LLC | $757K | $5.1B |
| Wealthfront Advisers LLC | $808K | $3.2B |
| LPL Financial LLC | $2.0B | $199.5M |
| Allworth Financial LP | $1.1B | $9.4M |
| Morgan Stanley | $691.6M | $340.2M |
| Betterment LLC | $403.3M | $569.5M |
| HighTower Advisors, LLC | $221.2M | $598.7M |
| Jane Street Group, LLC | $542.0M | $110.9M |
| TIAA-CREF Individual & Institutional Services, LLC | $613.3M | $2.3M |
| UBS Group AG | $448.4M | $140.0M |
| Envestnet Asset Management Inc. | $422.0M | $160.6M |
| Mariner, LLC | $209.9M | $268.1M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: SPDW institutional holders, SCHF institutional holders.
Frequently asked questions
How much do SPDW and SCHF overlap?
85.6% by weight, with 1,380 holdings in common, using holdings for SPDW as of June 30, 2026 and SCHF as of May 31, 2026. The largest shared position is 000660.
Do institutions hold both SPDW and SCHF?
687 Form 13F filers report positions in both, out of 2,208 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.