Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SCHG vs SMH: how they differ
Over the year SMH returned more, +87.6% against +12.7%, and SCHG charges 0.04% against 0.35%.
Schwab U.S. Large-Cap Growth ETF and VanEck Semiconductor ETF.
What they hold in common
By the books each fund has filed, SCHG and SMH hold 0% of their money in the same securities at the same weight.
| Only in SCHG | Only in SMH |
|---|---|
| NVIDIA Corp 11.02% | Nvidia Corp 22.45% |
| Apple Inc 9.84% | Taiwan Semiconductor Manufacturing Co L 9.78% |
| Microsoft Corp 7.18% | Broadcom Inc 5.91% |
| Amazon.com Inc 5.68% | Advanced Micro Devices Inc 5.74% |
| Alphabet Inc 4.76% | Micron Technology Inc 5.65% |
| Broadcom Inc 4.55% | Asml Holding Nv 5.02% |
| Tesla Inc 3.92% | Intel Corp 4.34% |
| Alphabet Inc 3.78% | Lam Research Corp 4.29% |
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 10, 2026.
| SCHG Schwab U.S. Large-Cap Growth ETF | SMH VanEck Semiconductor ETF | |
|---|---|---|
| Where it sits | Core index fund | Thematic ETF |
| Issuer | Schwab | VanEck |
| What it is | U.S. Large-Cap Growth | Semiconductors |
| Total return, 1 year | +12.7% | +87.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −4.8 pts | +70.1 pts |
| Expense ratio | 0.04% | 0.35% |
| Already in the S&P 500 | 95.4% | 82.3% |
| Holdings | 193 | 25 |
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%.
SMH in plain words
By weight, 82% of SMH's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 81%. The top ten holdings are 72% of the fund across 25 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +87.6% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 70.1 pts. It sits 15.0% below its all-time high of Jun 22, 2026.
Questions people ask
- Which returned more over the last year, SCHG or SMH?
- In the year to Sep 12, 2026, with distributions reinvested, SCHG returned +12.7% and SMH returned +87.6%, so SMH returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SCHG or SMH?
- SCHG charges 0.04% a year and SMH charges 0.35%, so SCHG is cheaper. Fees come from each fund's prospectus.
- How much do SCHG and SMH overlap with the S&P 500?
- By their latest filed holdings, 95% of SCHG and 82% of SMH 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 SMH the same kind of fund?
- No. SCHG is an index ETF and SMH is a thematic ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
Other comparisons
Where to next
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 SMH, data as of Sep 12, 2026. https://etfiq.com/compare/any/SCHG-SMH Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources