What does SCHD add to a portfolio that already holds VTI?

Q: Which other funds already hold most of SCHD?

Share of SCHD s weight the other fund already holds A fund near the bottom is the useful one: same category, genuinely different holdings. VIG holds 57.0% of SCHD, against 99.8% for VTI. VTI: Of SCHD it holds 99.8%, Of it SCHD holds 7.1%, Companies in both 96. VT: Of SCHD it holds 99.3%, Of it SCHD holds 4.4%, Companies in both 79. VYM: Of SCHD it holds 99.3%, Of it SCHD holds 21.9%, Companies in both 79. SCHX: Of SCHD it holds 97.4%, Of it SCHD holds 7.8%, Companies in both 55. VIG: Of SCHD it holds 57.0%, Of it SCHD holds 14.5%, Companies in both 33.

Q: Is SCHD expensive compared with its peers?

Trailing price-to-earnings of the underlying holdings Rolling every holding s valuation up to fund level, SCHD has the lowest multiple of its 4 largest peers, at 19.5 trailing earnings against its own median of 16.9 . The five run from 19.5 to 25.7 . Own-history percentile is the share of that fund s own history sitting below today s reading. The last two columns are the same fund measured against itself; the first two are the comparison a peer table makes. SCHD: P/E now 19.5 , Own median 16.9 , Own-history percentile 83rd. VYM: P/E now 20.4 , Own median 17.5 , Own-history percentile 87th. DGRO: P/E now 22.9 , Own median 19.3 , Own-history percentile 93rd. CGDV: P/E now 24.5 , Own median 23.2 , Own-history percentile 62nd. VIG: P/E now 25.7 , Own median 23.6 , Own-history percentile 82nd.

Q: How does SCHD compare with VTI on cost, income and size?

Expense ratio: SCHD 0.06%, VTI 0.03%. Dividend yield: SCHD 3.00%, VTI 1.04%. Assets under management: SCHD $118.5B, VTI $2.3T. Holdings: SCHD 98, VTI 3,432. ETF Copilot score: SCHD 6.0/10, VTI 6.7/10.

Written by the ETF Copilot research team

Updated October 28, 2026

As of October 28, 2026, 99.8% of Schwab U.S. Dividend Equity ETF (SCHD) by weight is already inside VTI.

SCHD is the fund people most often put beside a total-market holding, which makes it the clearest case for reading a fund three ways instead of one.

How much of SCHD is already inside VTI?

Of SCHD inside VTI99.8%by weight, not by holding count

Of VTI that is SCHD7.1%the same pair, the other way

Companies in both96of SCHD's 98

The figure is directional: SCHD sits inside the broad fund rather than beside it, which is why the two columns differ so far.

Which other funds already hold most of SCHD?

Share of SCHD’s weight the other fund already holds

VTI99.8%VT99.3%VYM99.3%SCHX97.4%VIG57.0%

A fund near the bottom is the useful one: same category, genuinely different holdings.

VIG holds 57.0% of SCHD, against 99.8% for VTI.

Both directions, and the companies in common
Fund	Of SCHD it holds	Of it SCHD holds	Companies in both
VTI	99.8%	7.1%	96
VT	99.3%	4.4%	79
VYM	99.3%	21.9%	79
SCHX	97.4%	7.8%	55
VIG	57.0%	14.5%	33

Directional and measured by weight, not by holding count: a fund can be wholly inside a larger one and be a small part of it. Computed across every holding of both funds, and recomputed every day.

Is SCHD expensive compared with its peers?

Trailing price-to-earnings of the underlying holdings

SCHD19.5×VYM20.4×DGRO22.9×CGDV24.5×VIG25.7×

Rolling every holding’s valuation up to fund level, SCHD has the lowest multiple of its 4 largest peers, at 19.5× trailing earnings against its own median of 16.9×.

The five run from 19.5× to 25.7×.

Each fund against its own median, not only against the others
Fund	P/E now	Own median	Own-history percentile
SCHD	19.5×	16.9×	83rd
VYM	20.4×	17.5×	87th
DGRO	22.9×	19.3×	93rd
CGDV	24.5×	23.2×	62nd
VIG	25.7×	23.6×	82nd

“Own-history percentile” is the share of that fund’s own history sitting below today’s reading.

The last two columns are the same fund measured against itself; the first two are the comparison a peer table makes.

Is SCHD expensive against its own record?

SCHD look-through price-to-earnings, against its own history

Against its own 9-year history, SCHD’s trailing P/E of 19.5× sits in the 83rd percentile — against a median of 16.9× and a low of 13.2×.

How concentrated is SCHD?

Carry half the fund13of 98 holdings

In the ten largest41.8%of the fund's weight

Effective holdings33the equally weighted count that concentrates the same

More concentrated than83%of its peer funds

How does SCHD compare with VTI on cost, income and size?

SCHD against VTI, side by side
Measure	SCHD	VTI
Expense ratio	0.06%	0.03%
Dividend yield	3.00%	1.04%
Assets under management	$118.5B	$2.3T
Holdings	98	3,432
ETF Copilot score	6.0/10	6.7/10

Why can the three readings disagree?

Overlap99.8%of SCHD is inside VTI

Valuation, own record83rdpercentile of its own history

Concentration83%of its peer funds are less concentrated

The three readings measure different things, so a fund can be unremarkable on one and unusual on another.

Overlap asks which companies a fund holds — and a dividend screen run over the US market returns companies a total-market fund already owns.
Valuation asks what those companies cost. A screen that selects on payout and quality lands on a different part of the market than the index does.
Concentration asks how the weight is spread across them, which is a property of the weighting rule rather than of the screen.

Where is each of these figures kept up to date?

Every SCHD figure in this look-through, and the page that recomputes it each day
Page	What it answers
SCHD	Scores, the valuation read against its own history, and the ten largest holdings by name.
SCHD vs VTI	The SCHD and VTI overlap figure, both directions, with the shared companies.
Concentration	Where SCHD sits against every fund we track.

Cite this
ETF Copilot, “What does SCHD add to a portfolio that already holds VTI?”, figures as of October 28, 2026. https://etf-copilot.com/learn/schd-look-through

Method.

Overlap is computed by weight across every holding of both funds, in both directions, and is not symmetric.
The price-to-earnings ratio is trailing twelve-month, computed by ETF Copilot from all of each fund’s holdings.
Concentration figures — the share in the ten largest, how many holdings reach half the weight, the effective number of holdings and the peer-fund percentile — are ETF Copilot’s own.
Figures are as of October 28, 2026 and are recalculated daily.

Sources: SEC filings: Schwab Strategic Trust summary prospectuses, Vanguard VIG fund page, Vanguard VYM fund page

Nothing on this page is investment advice, a recommendation, or a forecast of returns.