Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SCHX vs XLF: how they differ
SCHX and XLF hold 11% of their weight in the same names, and SCHX returned more over the year.
Schwab U.S. Large-Cap ETF and State Street(R) Financial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, SCHX and XLF hold 11% of their money in the same securities at the same weight.
| Holding | SCHX | XLF |
|---|---|---|
| Berkshire Hathaway Inc | 1.27% | 12.10% |
| JPMorgan Chase & Co | 1.18% | 11.57% |
| Visa Inc | 0.80% | 7.51% |
| Mastercard Inc | 0.59% | 5.47% |
| Bank of America Corp | 0.50% | 4.91% |
| Goldman Sachs Group Inc/The | 0.45% | 3.94% |
| Morgan Stanley | 0.37% | 3.31% |
| Wells Fargo & Co | 0.35% | 3.34% |
| Citigroup Inc | 0.32% | 3.15% |
| American Express Co | 0.25% | 2.38% |
| Blackrock Inc | 0.22% | 1.83% |
| Charles Schwab Corp/The | 0.21% | 1.99% |
| Only in SCHX | Only in XLF |
|---|---|
| NVIDIA Corp 7.51% | |
| Apple Inc 6.71% | |
| Microsoft Corp 4.89% | |
| Amazon.com Inc 3.87% | |
| Alphabet Inc 3.24% | |
| Broadcom Inc 3.10% | |
| Alphabet Inc 2.58% | |
| Meta Platforms Inc 2.02% |
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 Jun 30, 2026 and May 31, 2026.
| SCHX Schwab U.S. Large-Cap ETF | XLF State Street(R) Financial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | State Street |
| What it is | U.S. Large-Cap | Financials |
| Total return, 1 year | +16.8% | +7.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.7 pts | −9.9 pts |
| Expense ratio | 0.03% | 0.08% |
| Already in the S&P 500 | 94.9% | 100.0% |
| Holdings | 748 | 76 |
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%.
XLF in plain words
XLF is an index equity fund tracking the Financials. Over the year to Sep 11, 2026 it returned +7.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 76 positions, with the top ten at 57.7%.
Questions people ask
- Which returned more over the last year, SCHX or XLF?
- In the year to Sep 12, 2026, with distributions reinvested, SCHX returned +16.8% and XLF returned +7.6%, so SCHX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SCHX or XLF?
- SCHX charges 0.03% a year and XLF charges 0.08%, so SCHX is cheaper. Fees come from each fund's prospectus.
- How much do SCHX and XLF overlap with the S&P 500?
- By their latest filed holdings, 95% of SCHX and 100% of XLF by weight is stocks the S&P 500 already holds. Between the two funds, 11% 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 XLF, data as of Sep 12, 2026. https://etfiq.com/compare/any/SCHX-XLF Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources