SCHX vs VOO

Quick Verdict

VOO delivered stronger 1-year returns. SCHX offers more diversification with 750 holdings.

Lower Fees: TiedHigher Returns: VOOMore Diversified: SCHX

Side-by-Side Comparison

MetricSCHXVOOWinner
Expense Ratio0.03%0.03%
AUM$71.1B$979.0B
Dividend Yield1.03%1.09%
Holdings750509
YTD Return+11.40%+11.51%
1Y Return+20.92%+21.46%
3Y Return (annualized)+20.75%+20.86%
5Y Return (annualized)+12.39%+13.01%
Volatility (annualized)14.5%14.1%
Max Drawdown-34.3%-34.3%
Fund FamilyCharles Schwab Asset ManagementVanguard (US)
CategoryEquityEquity
InceptionNov 3, 2009Sep 7, 2010

SCHX vs VOO Performance

Schwab US Large-Cap ETF (SCHX) 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 SCHX returned +20.92% while VOO returned +21.46%. Year to date, SCHX is up 11.40% versus a gain of 11.51% for VOO.

Over three years, SCHX compounded at +20.75% per year against +20.86% for VOO; over five years the annualized figures are +12.39% and +13.01% respectively. Across the full 16-year window we track, VOO has the edge at +13.44% annualized vs +13.11%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SCHX has been the more volatile fund, with annualized monthly volatility of 14.5% 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 -34.3% for SCHX 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 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

SCHX charges 0.03% per year while VOO charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, SCHX currently yields 1.03% against 1.09% for VOO.

Holdings Overlap

90.9%overlap

SCHX and VOO share 491 holdings out of 764 unique holdings combined, representing a 90.9% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in SCHXWeight in VOODifference
NVDA7.48%7.51%0.03%
AAPL7.30%6.59%0.71%
MSFT4.23%4.30%0.07%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
MUProProPro
TSLAProProPro
See all 10 holdings SCHX shares with VOO
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Frequently Asked Questions

Which is cheaper, SCHX or VOO?

SCHX has an expense ratio of 0.03% while VOO charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.

Which performed better, SCHX or VOO?

Over the past year SCHX returned +20.92% vs +21.46% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), SCHX annualized +13.11% vs +13.44% for VOO. Past performance does not guarantee future results.

Which is riskier, SCHX or VOO?

SCHX has been the more volatile fund at 14.5% annualized versus 14.1% for VOO. Worst drawdown: SCHX -34.3% vs VOO -34.3%.

Should I hold both SCHX and VOO?

SCHX and VOO have a monthly-return correlation of 1.00, 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 SCHX and VOO?

SCHX and VOO share 491 common holdings with a 90.9% weight overlap. Combined, they hold 764 unique securities.

Which pays a higher dividend, SCHX or VOO?

SCHX yields 1.03% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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