SCHG vs VOO
SCHG vs VOO
Schwab US Large-Cap Growth ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SCHG | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.04% | 0.03% | |
| AUM | $58.8B | $979.0B | |
| Dividend Yield | 0.39% | 1.09% | |
| Holdings | 196 | 509 | |
| YTD Return | +9.32% | +13.31% | |
| 1Y Return | +19.22% | +24.01% | |
| 3Y Return (annualized) | +23.80% | +21.17% | |
| 5Y Return (annualized) | +13.70% | +13.34% | |
| Volatility (annualized) | 16.7% | 14.1% | |
| Max Drawdown | -34.6% | -34.3% | |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 11, 2009 | Sep 7, 2010 |
SCHG vs VOO Performance
Schwab US Large-Cap Growth ETF (SCHG) is a ETF from Charles Schwab Asset Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SCHG returned +19.22% while VOO returned +24.01%. Year to date, SCHG is up 9.32% versus a gain of 13.31% for VOO.
Over three years, SCHG compounded at +23.80% per year against +21.17% for VOO; over five years the annualized figures are +13.70% and +13.34% respectively. Across the full 16-year window we track, SCHG has the edge at +15.79% annualized vs +13.55%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHG has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -34.6% for SCHG and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SCHG charges 0.04% per year while VOO charges 0.03%. On a $10,000 position that is $4 vs $3 annually, a gap of $1 per year that compounds over a long holding period. On income, SCHG currently yields 0.39% against 1.09% for VOO.
Holdings Overlap
SCHG and VOO share 119 holdings out of 580 unique holdings combined, representing a 51.6% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in SCHG | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 10.65% | 7.51% | 3.14% |
| AAPL | 10.40% | 6.59% | 3.81% |
| MSFT | 6.03% | 4.30% | 1.73% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings SCHG shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SCHG or VOO?
SCHG has an expense ratio of 0.04% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, SCHG or VOO?
Over the past year SCHG returned +19.22% vs +24.01% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), SCHG annualized +15.79% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, SCHG or VOO?
SCHG has been the more volatile fund at 16.7% annualized versus 14.1% for VOO. Worst drawdown: SCHG -34.6% vs VOO -34.3%.
Should I hold both SCHG and VOO?
SCHG and VOO have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between SCHG and VOO?
SCHG and VOO share 119 common holdings with a 51.6% weight overlap. Combined, they hold 580 unique securities.
Which pays a higher dividend, SCHG or VOO?
SCHG yields 0.39% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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