Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SCHX vs SPHQ: how they differ
SCHX and SPHQ hold 17% of their weight in the same names, and SPHQ returned more over the year.
Schwab U.S. Large-Cap ETF and Invesco S&P 500 Quality ETF.
What they hold in common
By the books each fund has filed, SCHX and SPHQ hold 17% of their money in the same securities at the same weight.
| Holding | SCHX | SPHQ |
|---|---|---|
| Apple Inc | 6.71% | 4.51% |
| Visa Inc | 0.80% | 4.69% |
| Cisco Systems Inc | 0.70% | 3.54% |
| Costco Wholesale Corp | 0.62% | 4.82% |
| Caterpillar Inc | 0.60% | 3.78% |
| Mastercard Inc | 0.59% | 4.32% |
| Lam Research Corp | 0.58% | 4.10% |
| Applied Materials Inc | 0.52% | 2.80% |
| General Electric Co | 0.50% | 4.16% |
| Procter & Gamble Co/The | 0.49% | 3.46% |
| Coca-Cola Co/The | 0.45% | 3.34% |
| Merck & Co Inc | 0.43% | 2.87% |
| Only in SCHX | Only in SPHQ |
|---|---|
| NVIDIA Corp 7.51% | Eaton Corp. PLC 1.65% |
| Microsoft Corp 4.89% | Trane Technologies PLC 1.30% |
| Amazon.com Inc 3.87% | Johnson Controls International PLC 1.05% |
| Alphabet Inc 3.24% | Accenture PLC 1.04% |
| Broadcom Inc 3.10% | Arch Capital Group Ltd. 0.34% |
| Alphabet Inc 2.58% | Steris PLC 0.25% |
| Meta Platforms Inc 2.02% | |
| Tesla Inc 1.79% |
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.
| SCHX Schwab U.S. Large-Cap ETF | SPHQ Invesco S&P 500 Quality ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | Invesco |
| What it is | U.S. Large-Cap | S&P 500 Quality |
| Total return, 1 year | +16.8% | +17.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.7 pts | −0.1 pts |
| Expense ratio | 0.03% | 0.15% |
| Already in the S&P 500 | 94.9% | 99.9% |
| Holdings | 748 | 99 |
SCHX in plain words
SCHX is an index equity fund tracking the U.S. Large-Cap. Over the year to Sep 11, 2026 it returned +16.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% 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 748 positions, with the top ten at 37.3%.
SPHQ in plain words
SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% 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 99 positions, with the top ten at 40.7%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SCHX or SPHQ?
- In the year to Sep 12, 2026, with distributions reinvested, SCHX returned +16.8% and SPHQ returned +17.4%, so SPHQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SCHX or SPHQ?
- SCHX charges 0.03% a year and SPHQ charges 0.15%, so SCHX is cheaper. Fees come from each fund's prospectus.
- How much do SCHX and SPHQ overlap with the S&P 500?
- By their latest filed holdings, 95% of SCHX and 100% of SPHQ by weight is stocks the S&P 500 already holds. Between the two funds, 17% of their books are the same securities at the same weight.
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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, SCHX against SPHQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/SCHX-SPHQ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources