SCHO vs DFCF overlap

SCHO and DFCF overlap 4.3% by weight, across 15 shared holdings.

SCHODFCF

Pick 2 to 4 ETFs.

4.3%

overlap by weight, across 15 shared holdings

SCHO17.6% of the fund is in shared holdings, of 96

DFCF4.3% of the fund is in shared holdings, of 1,770

Top shared holdings

Holding	SCHO	DFCF	Overlap
US Treasury N/BT	1.35%	1.06%	1.06%
US Treasury N/B	0.84%	0.60%	0.60%
US Treasury N/B	1.13%	0.47%	0.47%
US Treasury N/B	1.14%	0.46%	0.46%
US Treasury N/B	1.35%	0.44%	0.44%
US Treasury N/B	2.18%	0.39%	0.39%
US Treasury N/BT	1.36%	0.27%	0.27%
US Treasury N/B	0.84%	0.19%	0.19%
US Treasury N/B	0.81%	0.10%	0.10%
US Treasury N/BT	0.88%	0.08%	0.08%
UST Notes 3.875% 03/15/2028	1.14%	0.05%	0.05%
US Treasury N/B	1.12%	0.05%	0.05%
US Treasury N/B	0.80%	0.04%	0.04%
US Treasury N/BT	1.37%	0.04%	0.04%
US Treasury N/B	1.32%	0.03%	0.03%

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: SCHO, SEC Form N-PORT, June 30, 2026; DFCF, SEC Form N-PORT, July 31, 2026.

187

institutions report holding both, of 1,043 holding any

SCHO66.8% of its 13F dollars, 26.0% of its 720 holders

DFCF36.4% of its 13F dollars, 36.7% of its 510 holders

Largest institutions holding both

Firm	SCHO	DFCF
Bank of America Corp.	$2.7B	$17.9M
JPMorgan Chase & Co	$536.2M	$23.2M
SEI Investments Co	$419.8M	$689K
Envestnet Asset Management Inc.	$319.8M	$49.1M
Apella Capital, LLC	$5.9M	$196.1M
True Link Financial Advisors, LLC	$1.4M	$187.2M
Beacon Pointe Advisors, LLC	$6.8M	$164.5M
Savant Capital, LLC	$21.9M	$143.5M
Great Waters Wealth Management	$1.3M	$161.8M
LPL Financial LLC	$105.1M	$53.8M
Vise Technologies, Inc.	$1.9M	$155.3M
OneDigital Investment Advisors LLC	$619K	$146.7M
Beaird Harris Wealth Management, LLC	$20K	$139.1M
Stifel Financial Corp.	$134.0M	$3.9M
Wealth Enhancement Advisory Services, LLC	$98.6M	$15.8M

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: SCHO institutional holders, DFCF institutional holders.

Frequently asked questions

How much do SCHO and DFCF overlap?

4.3% by weight, with 15 holdings in common, using holdings for SCHO as of June 30, 2026 and DFCF as of July 31, 2026. The largest shared position is T.

Do institutions hold both SCHO and DFCF?

187 Form 13F filers report positions in both, out of 1,043 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%.