SCHD vs MTUM overlap
SCHD and MTUM overlap 6.9% by weight, across 10 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (SCHD: May 31, 2026, MTUM: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | SCHD | MTUM | Overlap |
|---|---|---|---|
| Texas InstrumentTXN | 5.90% | 1.87% | 1.87% |
| Chevron Corp.CVX | 3.83% | 1.75% | 1.75% |
| ConocophillipsCOP | 3.51% | 0.82% | 0.82% |
| Altria Group Inc.MO | 2.94% | 0.59% | 0.59% |
| SLB Ltd.SLB | 2.05% | 0.47% | 0.47% |
| EOG ResourcesEOG | 1.82% | 0.37% | 0.37% |
| Target Corp.TGT | 1.45% | 0.32% | 0.32% |
| Devon Energy CoDVN | 1.29% | 0.32% | 0.32% |
| Oneok Inc.OKE | 1.33% | 0.26% | 0.26% |
| Archer-DanielsADM | 0.96% | 0.17% | 0.17% |
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: SCHD, SEC Form N-PORT, May 31, 2026; MTUM, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SCHD | MTUM |
|---|---|---|
| Envestnet Asset Management Inc. | $560.2M | $2.7B |
| Mercer Global Advisors Inc. | $89.9M | $2.8B |
| LPL Financial LLC | $1.1B | $1.2B |
| FMR LLC | $27.8M | $2.0B |
| Morgan Stanley | $884.2M | $928.7M |
| Raymond James Financial Inc. | $572.9M | $1.2B |
| Bank of America Corp. | $1.1B | $452.3M |
| Cetera Investment Advisers | $808.2M | $204.3M |
| Ameriprise Financial Inc. | $259.7M | $457.9M |
| Wells Fargo & Company | $323.1M | $372.4M |
| UBS Group AG | $452.6M | $237.2M |
| Cambridge Investment Research Advisors, Inc. | $421.7M | $143.7M |
| Northwestern Mutual Wealth Management Co | $424.9M | $115.6M |
| Royal Bank of Canada | $349.1M | $168.4M |
| MML Investors Services, LLC | $214.0M | $284.6M |
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: SCHD institutional holders, MTUM institutional holders.
Frequently asked questions
How much do SCHD and MTUM overlap?
6.9% by weight, with 10 holdings in common, using holdings for SCHD as of May 31, 2026 and MTUM as of July 31, 2026. The largest shared position is TXN.
Do institutions hold both SCHD and MTUM?
781 Form 13F filers report positions in both, out of 2,563 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%.