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 55% of SCHD, against 100% for VTI. VTI: Of SCHD it holds 100%, Of it SCHD holds 7%, Companies in both 96. VT: Of SCHD it holds 99%, Of it SCHD holds 5%, Companies in both 79. VYM: Of SCHD it holds 99%, Of it SCHD holds 21%, Companies in both 79. SCHX: Of SCHD it holds 97%, Of it SCHD holds 8%, Companies in both 55. VIG: Of SCHD it holds 55%, Of it SCHD holds 14%, Companies in both 33.

Q: Is SCHD expensive compared with its peers?

Trailing price-to-earnings of the underlying holdings On its holdings trailing earnings SCHD is the cheapest of its 4 largest peers, at 19.1 times earnings. The five run from 19.1 to 25.4 . More expensive than is the share of that fund s own monthly readings sitting below today s. 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 19.1 , Own median 17.1 , More expensive than 82%. VYM: P/E now 20.7 , Own median 17.4 , More expensive than 91%. DGRO: P/E now 22.6 , Own median 19.0 , More expensive than 92%. CGDV: P/E now 25.2 , Own median 25.0 , More expensive than 52%. VIG: P/E now 25.4 , Own median 23.4 , More expensive than 82%.

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

Expense ratio: SCHD 0.06%, VTI 0.03%. Dividend yield: SCHD 3.48%, VTI 1.12%. Assets under management: SCHD $110.6B, VTI $2.3T. Holdings: SCHD 98, VTI 3,427. ETF Copilot score: SCHD 6.0/10, VTI 5.1/10.

Updated September 11, 2026

As of September 11, 2026, 100% 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: what it overlaps, what it costs in earnings, and how much of it is in how few companies.

How much of SCHD is already inside VTI?

Of SCHD inside VTI100%by weight, not by holding count

Of VTI that is SCHD7%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

VTI100%VT99%VYM99%SCHX97%VIG55%

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

VIG holds 55% of SCHD, against 100% for VTI.

Both directions, and the companies in common
Fund	Of SCHD it holds	Of it SCHD holds	Companies in both
VTI	100%	7%	96
VT	99%	5%	79
VYM	99%	21%	79
SCHX	97%	8%	55
VIG	55%	14%	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

SCHD19.1×VYM20.7×DGRO22.6×CGDV25.2×VIG25.4×

On its holdings’ trailing earnings SCHD is the cheapest of its 4 largest peers, at 19.1 times earnings.

The five run from 19.1× to 25.4×.

Each fund against its own median, not only against the others
Fund	P/E now	Own median	More expensive than
SCHD	19.1×	17.1×	82%
VYM	20.7×	17.4×	91%
DGRO	22.6×	19.0×	92%
CGDV	25.2×	25.0×	52%
VIG	25.4×	23.4×	82%

“More expensive than” is the share of that fund’s own monthly readings sitting below today’s.

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

More expensive than 82% of its own 114 monthly readings since 2017, at 19.1 times earnings against its own median of 17.1.

How concentrated is SCHD?

Carry half the fund13of 98 holdings

In the ten largest42%of the fund's weight

Effective holdings34the equally weighted count that concentrates the same

More concentrated than86%of Dividend US 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	3.48%	1.12%
Assets under management	$110.6B	$2.3T
Holdings	98	3,427
ETF Copilot score	6.0/10	5.1/10

Why can the three readings disagree?

Overlap100%of SCHD is inside VTI

Valuation, own record82%of its own months were cheaper

Concentration86%of its category is 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 figure above, 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 overlap figure above, 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 September 11, 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 category percentile — are ETF Copilot’s own.
Figures are as of September 11, 2026 and are recalculated daily.

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