Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SCHG vs XLG: how they differ
SCHG and XLG hold 66% of their weight in the same names.
Schwab U.S. Large-Cap Growth ETF and Invesco S&P 500 Top 50 ETF.
What they hold in common
By the books each fund has filed, SCHG and XLG hold 66% of their money in the same securities at the same weight.
| Holding | SCHG | XLG |
|---|---|---|
| NVIDIA Corp | 11.02% | 13.10% |
| Apple Inc | 9.84% | 10.76% |
| Microsoft Corp | 7.18% | 8.18% |
| Amazon.com Inc | 5.68% | 6.99% |
| Alphabet Inc | 4.76% | 6.05% |
| Broadcom Inc | 4.55% | 4.85% |
| Alphabet Inc | 3.78% | 4.82% |
| Meta Platforms Inc | 3.46% | 3.61% |
| Tesla Inc | 3.92% | 2.90% |
| Eli Lilly & Co | 3.06% | 2.00% |
| Advanced Micro Devices Inc | 2.94% | 1.56% |
| Visa Inc | 1.92% | 1.50% |
| Only in SCHG | Only in XLG |
|---|---|
| GE Vernova Inc 0.91% | Berkshire Hathaway Inc. 2.35% |
| KLA Corp 0.88% | JPMorgan Chase & Co. 2.28% |
| Linde PLC 0.81% | Exxon Mobil Corp. 1.74% |
| Palo Alto Networks Inc 0.80% | Walmart Inc. 1.56% |
| Thermo Fisher Scientific Inc 0.65% | Johnson & Johnson 1.50% |
| Crowdstrike Holdings Inc 0.64% | Caterpillar Inc. 1.12% |
| AppLovin Corp 0.58% | AbbVie Inc. 1.01% |
| Arista Networks Inc 0.57% | Chevron Corp. 0.98% |
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 Apr 30, 2026 and May 31, 2026.
| SCHG Schwab U.S. Large-Cap Growth ETF | XLG Invesco S&P 500 Top 50 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | Invesco |
| What it is | U.S. Large-Cap Growth | S&P 500 top 50 |
| Total return, 1 year | +12.7% | +12.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −4.8 pts | −5.3 pts |
| Expense ratio | 0.04% | 0.20% |
| Already in the S&P 500 | 95.4% | 100.0% |
| Holdings | 193 | 51 |
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%.
XLG in plain words
XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 51 positions, with the top ten at 63.6%.
Questions people ask
- Which returned more over the last year, SCHG or XLG?
- In the year to Sep 12, 2026, with distributions reinvested, SCHG returned +12.7% and XLG returned +12.2%, so SCHG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SCHG or XLG?
- SCHG charges 0.04% a year and XLG charges 0.20%, so SCHG is cheaper. Fees come from each fund's prospectus.
- How much do SCHG and XLG overlap with the S&P 500?
- By their latest filed holdings, 95% of SCHG and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 66% of their books are the same securities at the same weight.
Other comparisons
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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 XLG, data as of Sep 12, 2026. https://etfiq.com/compare/any/SCHG-XLG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources