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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

SCHX vs XLG: how they differ

SCHX and XLG hold 57% of their weight in the same names, and SCHX returned more over the year.

Schwab U.S. Large-Cap ETF and Invesco S&P 500 Top 50 ETF.

What they hold in common

By the books each fund has filed, SCHX and XLG hold 57% of their money in the same securities at the same weight.

Positions SCHX and XLG both hold, largest shared weight first
HoldingSCHXXLG
NVIDIA Corp7.51%13.10%
Apple Inc6.71%10.76%
Microsoft Corp4.89%8.18%
Amazon.com Inc3.87%6.99%
Alphabet Inc3.24%6.05%
Broadcom Inc3.10%4.85%
Alphabet Inc2.58%4.82%
Meta Platforms Inc2.02%3.61%
Tesla Inc1.79%2.90%
Eli Lilly & Co1.28%2.00%
Berkshire Hathaway Inc1.27%2.35%
Advanced Micro Devices Inc1.23%1.56%
Largest positions each one holds and the other does not
Only in SCHXOnly in XLG
Micron Technology Inc 1.60%Linde PLC 0.63%
Intel Corp 0.79%Accenture PLC 0.30%
Lam Research Corp 0.58%
Applied Materials Inc 0.52%
QUALCOMM Inc 0.39%
GE Vernova Inc 0.38%
KLA Corp 0.37%
Morgan Stanley 0.37%

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 and XLG on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
SCHX
Schwab U.S. Large-Cap ETF
XLG
Invesco S&P 500 Top 50 ETF
Where it sitsCore index fundCore index fund
IssuerSchwabInvesco
What it isU.S. Large-CapS&P 500 top 50
Total return, 1 year+16.8%+12.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−0.7 pts−5.3 pts
Expense ratio0.03%0.20%
Already in the S&P 50094.9%100.0%
Holdings74851

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%.

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, SCHX or XLG?
In the year to Sep 12, 2026, with distributions reinvested, SCHX returned +16.8% and XLG returned +12.2%, so SCHX returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SCHX or XLG?
SCHX charges 0.03% a year and XLG charges 0.20%, so SCHX is cheaper. Fees come from each fund's prospectus.
How much do SCHX and XLG overlap with the S&P 500?
By their latest filed holdings, 95% of SCHX and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 57% 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.

SCHX against XLG, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SCHX against XLG, data as of Sep 12, 2026. https://etfiq.com/compare/any/SCHX-XLG Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources