ETF and Mutual Fund Analysis

Holdings as of March 31, 2026 (AFICX) and May 31, 2026 (SCHD)

ETF and Mutual Fund Analysis

Overlap, Comparison, and Diversification for Your Portfolio

Home > Compare > AFICX vs SCHD Holdings as of March 31, 2026 (AFICX) and May 31, 2026 (SCHD)

AFICX vs SCHD: Portfolio Overlap

American Funds Fundamental Investors vs Schwab U.S. Dividend Equity ETF

4.7%
Weighted portfolio overlap
Low Overlap

Low Overlap. The two portfolios have highly distinct allocations: little of the weight sits in the same stocks.

AFICX
238 equity holdings
as of March 31, 2026
SCHD
99 equity holdings
as of May 31, 2026
16 stocks held in common
Overlap View Venn Diagram
4.7% OVERLAP AFICX SCHD
Overlapping Holdings
10 Top 10 of 16 shared, by overlap contribution
# Stock AFICX SCHD Overlap%
1
AMGN
 0.90% 3.48% 0.90%
2
UNH
 0.81% 5.10% 0.81%
3
PAYX
 0.54% 0.79% 0.54%
4
COP
 0.51% 3.52% 0.51%
5
ABT
 0.43% 2.97% 0.43%
6
OKE
 0.32% 1.33% 0.32%
7
EOG
 0.29% 1.82% 0.29%
8
BMY
 0.16% 2.94% 0.16%
9
MTN
 0.12% 0.12% 0.12%
10
WSO
 0.11% 0.32% 0.11%
Most Divergent Holdings Stocks held by one fund but absent from the other
Only in AFICX — American Funds Fundamental Investors
StockWeight
AVGO6.15%
MSFT4.67%
PM4.13%
GOOG3.77%
NVDA3.74%
Only in SCHD — Schwab U.S. Dividend Equity ETF
StockWeight
QCOM6.75%
TXN5.92%
KO3.96%
MRK3.87%
VZ3.66%

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Frequently Asked Questions (FAQs)
What is the portfolio overlap between AFICX and SCHD?

AFICX (American Funds Fundamental Investors) and SCHD (Schwab U.S. Dividend Equity ETF) share 4.7% portfolio overlap as of AFICX's March 31, 2026 filing and SCHD's May 31, 2026 filing, across 16 common stocks. Overlap is the sum of the smaller weight of each shared stock, so it reads as the share of a dollar that lands on the same companies in both funds.

Do AFICX and SCHD invest in the same stocks?

Mostly not. Only a small portion of their portfolios overlaps — these funds hold largely different stocks and genuinely diversify each other.

What are the top stocks held by both AFICX and SCHD?

The most prominent shared holdings (by combined weight) are: AMGN, UNH, PAYX. See the full common-holdings table on this page for weights in each fund.

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