Which is cheaper, DFAL or SCHX?

SCHX is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do DFAL and SCHX overlap with the S&P 500?

By their latest filed holdings, 54% of DFAL and 94% of SCHX by weight is stocks the S&P 500 already holds.

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DFAL vs SCHX: Differences, Returns & Fees

DFAL and SCHX hold 54% of their weight in the same names. Net assets: $1.5bn on Jul 31, 2026 for Dimensional US Large Cap Core Equity Market ETF, and $72.6bn on May 31, 2026 for Schwab U.S. Large-Cap ETF.

SCHX costs 0.09 points a year less.

	DFAL	SCHX
Expense ratio	0.12%	0.03%
Net assets, DFAL as of Jul 31, 2026 and SCHX as of May 31, 2026	$1.5bn	$72.6bn
Total return, 1 year	not published	+16.6%
What it tracks	not published	Dow Jones U.S. Large-Cap Total Stock Market Index
Holdings in common	54%
Top ten holdings, share of the fund	56.6%	37.3%

Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026.

+6.3%

DFAL total return, since launch, Jun 23, 2026

+16.6%

SCHX total return, 1 year

0.12%

DFAL expense ratio

0.03%

SCHX expense ratio

What they hold in common

By the books each fund has filed, DFAL and SCHX hold 54% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jul 31, 2026.

50%

half

54% in common

Positions both hold, largest shared weight first

Holding DFAL SCHX

NVIDIA CORPORATION 3.93% 7.50%

APPLE INC. 3.83% 6.69%

MICROSOFT CORPORATION 2.82% 4.88%

AMAZON.COM, INC. 2.38% 3.87%

ALPHABET INC. 2.09% 3.23%

BROADCOM INC. 1.57% 3.10%

ALPHABET INC. 1.27% 2.57%

META PLATFORMS, INC. 1.07% 2.02%

JPMORGAN CHASE & CO. 0.87% 1.18%

ELI LILLY AND COMPANY 0.85% 1.28%

BERKSHIRE HATHAWAY INC. 0.76% 1.27%

TESLA, INC. 0.70% 1.79%

Only in DFAL

iShares Russell Top 200 Growth Index ETF 13.12%

Ishares Russell Top 200 Value Index Fund 8.84%

DFA Dimensional US Marketwide Value ETF 7.98%

Dimensional U S Core Equity 2 ETF 6.89%

iShares Russell Mid-Cap Value ETF 4.68%

EXXONMOBIL HOLDINGS CORPORATION 0.51%

iShares Russell Mid-Cap Growth ETF 0.11%

SANDISK CORPORATION 0.07%

Only in SCHX

Exxon Mobil Corp 0.89%

Honeywell International Inc 0.22%

Welltower Inc 0.21%

Warner Bros Discovery Inc 0.10%

Simon Property Group Inc 0.10%

Digital Realty Trust Inc 0.09%

Realty Income Corp 0.08%

Strategy Inc 0.07%

Check overlap with more funds →

On the same fields

DFAL

Dimensional US Large Cap Core Equity Market ETF

SCHX

Schwab U.S. Large-Cap ETF

Where it sits Stock ETF Stock ETF

Issuer Dimensional Schwab

What it is Equity fund Tracks an index of U.S. Large-Cap

Total return, 1 year +6.3% (since launch, Jun 23, 2026) +16.6%

S&P 500 over the same days +6.4% (since launch, Jun 23, 2026) +17.3%

Gap to the S&P 500 −0.1 pts (since launch, Jun 23, 2026) −0.6 pts

Expense ratio 0.12% 0.03%

Already in the S&P 500 53.9% 94.5%

Holdings 545 748

Net assets, DFAL as of Jul 31, 2026 and SCHX as of May 31, 2026 $1.5bn $72.6bn

DFAL and SCHX on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

DFAL in plain words

The prospectus expense ratio is 0.12% a year. By its holdings filed for Jul 31, 2026, 54% of the fund by weight is stocks the S&P 500 also holds, across 545 positions, with the top ten at 56.6%.

SCHX in plain words

SCHX tracks an index of U.S. Large-Cap. Over the year to Oct 9, 2026 it returned +16.6% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings filed for May 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 748 positions, with the top ten at 37.3%.

Questions people ask

Which is cheaper, DFAL or SCHX?: SCHX is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DFAL and SCHX overlap with the S&P 500?: By their latest filed holdings, 54% of DFAL and 94% of SCHX by weight is stocks the S&P 500 already holds.

Other comparisons

DFAL vs VV DFAL vs ITOT DFAL vs VIG DFAL vs SCHB SCHX vs SEIM PDP vs SCHX SCHX vs USXF QQQE vs SCHX

DFAL on its own →SCHX on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

DFAL filings on SEC EDGAR ↗DFAL prospectus with the expense ratio (SEC) ↗Dimensional website ↗SCHX filings on SEC EDGAR ↗SCHX prospectus with the expense ratio (SEC) ↗Schwab website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, DFAL against SCHX, data as of Oct 9, 2026. https://etfiq.com/compare/any/dfal-vs-schx

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.