Data as of Oct 28, 2026.

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SCHG vs VOO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SCHG returned +6.8% to VOO's +13.7%; 56% 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 $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF.

At a glance
+6.8%
SCHG total return, 1 year
+13.7%
VOO total return, 1 year
0.04%
SCHG expense ratio
0.03%
VOO expense ratio

Pair scorecard

VOO costs 0.01 points a year less; their one-year returns differ by 6.9 points.

SCHG vs VOO: Differences, Returns & Fees
MeasureSCHGVOO
Return
Total return, 1 year+6.8%+13.7%
Drawdown
Below its high3.5%, high on Oct 6, 2026
Benchmark
What it tracksDow Jones U.S. Large-Cap Growth Total Stock Market IndexS&P 500 Index
Cost and size
Expense ratio0.04%0.03%
Net assets, SCHG as of Aug 31, 2026 and VOO as of Sep 30, 2026$63.0bn$1.0tn
Holdings
Holdings in common56%
Top ten holdings, share of the fund51.0%39.1%

Holdings in common uses holdings dated Aug 31, 2026 and Sep 30, 2026. Method

Risk and return

Sep 17, 2010 to Oct 23, 2026 · 840 weekly returns · each against IVV
SCHG VOO
Return
Total return edge SCHG +1,116.1% +804.0%
Annualized edge SCHG +16.7% +14.6%
Price return edge SCHG +958.0% +575.9%
Risk
Volatility edge VOO 18.5% 15.9%
Max drawdown edge VOO (slight) −34.2% −31.8%
Downside capture 108.5% 99.9%
Beta 1.11 1.00
Risk-adjusted
Sharpe edge Tie 0.84 0.84
Sortino edge SCHG (slight) 1.26 1.22
Treynor 0.141 0.134
Calmar edge SCHG (slight) 0.49 0.46
Against the benchmark
Alpha +0.9% a year 0.0% a year
Alpha t-stat 0.64 0.51
Information ratio 0.41 0.02
Tracking error 5.6% 0.4%
Reading

SCHG returned more: +1,116.1% to +804.0%. VOO swung less: 15.9% to 18.5%. VOO fell slightly less at its worst: −31.8% to −34.2%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: SCHG vs VOO: Differences, Returns & Fees
MeasureSCHGVOOIVVEdgeHow it is measured
Return
Total return+1,116.1%+804.0%SCHGPrice change plus distributions, reinvested.
Annualized+16.7%+14.6%SCHGTotal return as a yearly rate.
Price return+958.0%+575.9%SCHGPrice change alone, distributions left out.
Risk
Volatility18.5%15.9%VOOSpread of weekly returns, annualized. Lower is steadier.
Downside deviation12.4%10.9%VOOLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.2%−31.8%VOO (slight)Deepest fall from a high to the low after it.
Upside capture121.6%99.8%100.0%SCHGShare of its benchmark's rise caught in the weeks it rose.
Downside capture108.5%99.9%100.0%VOO (slight)Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.111.001.00VOO lowerHow far it moves for each 1% its benchmark moves.
R squared0.921.001.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.840.84TieReturn above Treasury bills per unit of volatility.
Sortino1.261.22SCHG (slight)Return above Treasury bills per unit of downside deviation.
Treynor0.1410.1340.133SCHG (slight)Return above Treasury bills per unit of beta.
Calmar0.490.46SCHG (slight)Annualized return divided by the max drawdown.
Against the benchmark
BenchmarkIVVIVVIVVThe ETF each fund is measured against.
Alpha+0.9% a year0.0% a year0.0%Not significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.640.51Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−1.8% to +3.5%−0.1% to +0.2%Both include zeroThe 95% range for the yearly alpha.
Information ratio0.410.02SCHGReturn against its benchmark per unit of tracking error.
Tracking error5.6%0.4%0.0%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 840 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

56%

By the books each fund has filed, SCHG and VOO hold 56% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Sep 30, 2026.

0 half 100%

half

56% in common

Positions both hold · largest shared weight first SCHG VOO
NVIDIA Corp 10.67% 8.40%
Apple Inc 9.29% 7.39%
Microsoft Corp 7.52% 5.79%
Amazon.com Inc 5.07% 3.72%
Alphabet Inc 3.97% 3.07%
Broadcom Inc 3.50% 2.54%
Alphabet Inc 3.16% 2.46%
Meta Platforms Inc 2.51% 2.43%
Tesla Inc 2.37% 1.52%
Advanced Micro Devices Inc 2.37% 1.52%
Eli Lilly & Co 2.93% 1.41%
Visa Inc 2.43% 0.91%
Only in one fund ↓
Only in SCHG
Snowflake Inc 0.44%
Cloudflare Inc 0.38%
Natera Inc 0.18%
Strategy Inc 0.17%
Astera Labs Inc 0.15%
Credo Technology Group Holding Ltd 0.14%
MongoDB Inc 0.14%
Rocket Lab Corp 0.13%
Only in VOO
Micron Technology Inc 1.83%
Berkshire Hathaway Inc 1.41%
JPMorgan Chase & Co 1.34%
ExxonMobil Holdings Corp 1.02%
Johnson & Johnson 0.97%
Intel Corp 0.91%
Walmart Inc 0.70%
AbbVie Inc 0.70%
Check overlap with more funds →

Side by side

SCHG Schwab U.S. Large-Cap Growth ETF VOO Vanguard S&P 500 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of U.S. Large-Cap Growth Tracks the S&P 500
Total return, 1 year +6.8% +13.7%
Its benchmark over the same days +13.7% (IVV) +13.7% (IVV)
Gap to its benchmark −6.9 pts vs IVV 0.0 pts vs IVV
Expense ratio 0.04% 0.03%
Already in the S&P 500 94.7% 99.7%
Holdings 192 507
Net assets, SCHG as of Aug 31, 2026 and VOO as of Sep 30, 2026 $63.0bn $1.0tn

SCHG and VOO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-63699FD4AC

SCHG and VOO do different jobs. What does each one do in a portfolio?

  1. What each follows. SCHG follows Dow Jones U.S. Large-Cap Growth Total Stock Market Index and VOO follows S&P 500 Index.
  2. One-year total return. Over 1 year to Oct 28, 2026 SCHG returned +6.8% and VOO +13.7% with distributions reinvested, a gap of 6.9 points.
  3. Holdings in common (similar). 56% of the weight is in the same securities (holdings dated Aug 31, 2026 and Sep 30, 2026).

Data as of Oct 28, 2026.

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About each fund
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.

VOO

VOO tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 39.1%.

Questions people ask

Which returned more over the last year, SCHG or VOO?
In the year to Oct 28, 2026, with distributions reinvested, SCHG returned +6.8% and VOO +13.7%.
Which is cheaper, SCHG or VOO?
VOO is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SCHG and VOO overlap with the S&P 500?
By their latest filed holdings, 95% of SCHG and 100% of VOO by weight is stocks the S&P 500 already holds.
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ETFIQ, SCHG against VOO, data as of Oct 28, 2026. https://etfiq.com/compare/any/schg-vs-voo

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