Data as of Oct 28, 2026.
SCHG vs USMV: Differences, Returns & Fees
Over the year to Oct 28, 2026, SCHG returned +6.8% to USMV's +10.8%; 23% of their weight is in the same names.
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Net assets: $63.0bn on Aug 31, 2026 for Schwab U.S. Large-Cap Growth ETF, and $24.1bn on Oct 27, 2026 for iShares MSCI USA Min Vol Factor ETF.
Pair scorecard
SCHG costs 0.11 points a year less; their one-year returns differ by 4.0 points.
| Measure | SCHG | USMV |
|---|---|---|
| Return | ||
| Total return, 1 year | +6.8% | +10.8% |
| Drawdown | ||
| Below its high | 3.5%, high on Oct 6, 2026 | |
| Benchmark | ||
| What it tracks | Dow Jones U.S. Large-Cap Growth Total Stock Market Index | MSCI USA Minimum Volatility (USD) Index |
| Cost and size | ||
| Expense ratio | 0.04% | 0.15% |
| Net assets, SCHG as of Aug 31, 2026 and USMV as of Oct 27, 2026 | $63.0bn | $24.1bn |
| Holdings | ||
| Holdings in common | 23% | |
| Top ten holdings, share of the fund | 51.0% | 14.8% |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, SCHG and USMV hold 23% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.
half
23% in common
Only in one fund ↓
Side by side
SCHG and USMV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
SCHG and USMV do different jobs. What does each one do in a portfolio?
- What each follows. SCHG follows Dow Jones U.S. Large-Cap Growth Total Stock Market Index and USMV follows MSCI USA Minimum Volatility (USD) Index.
- Holdings in common. 23% of the weight is in the same securities (holdings dated Aug 31, 2026 and Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 SCHG returned +6.8% and USMV +10.8% with distributions reinvested, a gap of 4.0 points.
Data as of Oct 28, 2026.
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SCHG
SCHG tracks an index of U.S. Large-Cap Growth. Over the year to Oct 28, 2026 it returned +6.8% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.04% a year. By its holdings filed for Aug 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 192 positions, with the top ten at 51.0%. It sat 3.5% below its high of Oct 6, 2026 on Oct 28, 2026.
USMV
USMV tracks the MSCI USA Min Vol Factor. Over the year to Oct 28, 2026 it returned +10.8% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 176 positions, with the top ten at 14.8%.
Questions people ask
- Which returned more over the last year, SCHG or USMV?
- In the year to Oct 28, 2026, with distributions reinvested, SCHG returned +6.8% and USMV +10.8%.
- Which is cheaper, SCHG or USMV?
- SCHG is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. 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.
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ETFIQ, SCHG against USMV, data as of Oct 28, 2026. https://etfiq.com/compare/any/schg-vs-usmv
ETFIQ. (Oct 28, 2026). SCHG against USMV. Retrieved from https://etfiq.com/compare/any/schg-vs-usmv
[SCHG against USMV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/schg-vs-usmv)
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