SCHV vs COWZ overlap
SCHV and COWZ overlap 12.1% by weight, across 72 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (SCHV: May 31, 2026, COWZ: 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 | SCHV | COWZ | Overlap |
|---|---|---|---|
| Qualcomm Inc.QCOM | 0.87% | 1.31% | 0.87% |
| Verizon CommunicVZ | 0.65% | 1.97% | 0.65% |
| At&T Inc.T | 0.56% | 1.95% | 0.56% |
| Gilead SciencesGILD | 0.54% | 1.93% | 0.54% |
| Pfizer Inc.PFE | 0.48% | 1.84% | 0.48% |
| LOWE'S COS Inc.LOW | 0.39% | 1.89% | 0.39% |
| Newmont Corp.NEM | 0.39% | 1.80% | 0.39% |
| Altria Group Inc.MO | 0.38% | 1.81% | 0.38% |
| Bristol-MYER SQBBMY | 0.38% | 2.18% | 0.38% |
| Accenture PLC-aACN | 0.37% | 1.78% | 0.37% |
| Automatic DataADP | 0.29% | 1.66% | 0.29% |
| Comcast Corp.-aCMCSA | 0.29% | 1.92% | 0.29% |
| General DynamicsGD | 0.29% | 2.05% | 0.29% |
| SLB Ltd.SLB | 0.26% | 1.19% | 0.26% |
| Valero EnergyVLO | 0.24% | 1.68% | 0.24% |
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: SCHV, SEC Form N-PORT, May 31, 2026; COWZ, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SCHV | COWZ |
|---|---|---|
| Bank of America Corp. | $66.9M | $2.2B |
| Financial Engines Advisors L.L.C. | $1.6B | $529K |
| LPL Financial LLC | $127.9M | $1.1B |
| Morgan Stanley | $96.8M | $889.1M |
| Envestnet Asset Management Inc. | $451.2M | $168.8M |
| Osaic Holdings, Inc. | $310.3M | $250.0M |
| Raymond James Financial Inc. | $31.2M | $515.2M |
| Northwestern Mutual Wealth Management Co | $23.4M | $457.4M |
| Cetera Investment Advisers | $124.3M | $336.1M |
| Cambridge Investment Research Advisors, Inc. | $34.2M | $389.7M |
| Wells Fargo & Company | $27.0M | $388.7M |
| Avantax Planning Partners, Inc. | $355.5M | $867K |
| UBS Group AG | $94.0M | $260.1M |
| Mather Group, LLC. | $351.5M | $189K |
| Mariner, LLC | $318.3M | $4.0M |
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: SCHV institutional holders, COWZ institutional holders.
Frequently asked questions
How much do SCHV and COWZ overlap?
12.1% by weight, with 72 holdings in common, using holdings for SCHV as of May 31, 2026 and COWZ as of July 31, 2026. The largest shared position is QCOM.
Do institutions hold both SCHV and COWZ?
371 Form 13F filers report positions in both, out of 1,482 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%.