Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SCHG vs SHLD: how they differ
Over the year SCHG returned more, +12.7% against −4.8%, and SCHG charges 0.04% against 0.50%.
Schwab U.S. Large-Cap Growth ETF and Global X Defense Tech ETF.
What they hold in common
By the books each fund has filed, SCHG and SHLD hold 0% of their money in the same securities at the same weight.
| Only in SCHG | Only in SHLD |
|---|---|
| NVIDIA Corp 11.02% | PALANTIR TECHNOLOGIES INC-A 10.28% |
| Apple Inc 9.84% | RTX CORPORATION 9.40% |
| Microsoft Corp 7.18% | GENERAL DYNAMICS CORP 8.73% |
| Amazon.com Inc 5.68% | LOCKHEED MARTIN CORP 8.26% |
| Alphabet Inc 4.76% | NORTHROP GRUMMAN CORP 7.86% |
| Broadcom Inc 4.55% | BAE SYSTEMS PLC 4.54% |
| Tesla Inc 3.92% | HANWHA AEROSPACE CO LTD 4.04% |
| Alphabet Inc 3.78% | RHEINMETALL AG 3.82% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 11, 2026.
| SCHG Schwab U.S. Large-Cap Growth ETF | SHLD Global X Defense Tech ETF | |
|---|---|---|
| Where it sits | Core index fund | Thematic ETF |
| Issuer | Schwab | Global X |
| What it is | U.S. Large-Cap Growth | Defense |
| Total return, 1 year | +12.7% | −4.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −4.8 pts | −22.4 pts |
| Expense ratio | 0.04% | 0.50% |
| Already in the S&P 500 | 95.4% | 40.5% |
| Holdings | 193 | 52 |
SCHG in plain words
SCHG is an index equity fund tracking the U.S. Large-Cap Growth. Over the year to Sep 11, 2026 it returned +12.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 193 positions, with the top ten at 57.2%.
SHLD in plain words
By weight, 40% of SHLD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 64% of the fund across 52 positions, as published by its issuer for Sep 11, 2026. Over the year to Sep 11, 2026 the fund returned −4.8% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 22.4 pts. It sits 20.6% below its all-time high of Mar 9, 2026.
Questions people ask
- Which returned more over the last year, SCHG or SHLD?
- In the year to Sep 12, 2026, with distributions reinvested, SCHG returned +12.7% and SHLD returned −4.8%, so SCHG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SCHG or SHLD?
- SCHG charges 0.04% a year and SHLD charges 0.50%, so SCHG is cheaper. Fees come from each fund's prospectus.
- How much do SCHG and SHLD overlap with the S&P 500?
- By their latest filed holdings, 95% of SCHG and 40% of SHLD by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
- Are SCHG and SHLD the same kind of fund?
- No. SCHG is an index ETF and SHLD is a thematic ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, SCHG against SHLD, data as of Sep 12, 2026. https://etfiq.com/compare/any/SCHG-SHLD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources