Data as of Oct 28, 2026.

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SCHG vs VOOG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SCHG returned +6.8% to VOOG's +12.1%; 62% 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 $27.8bn on Sep 30, 2026 for Vanguard S&P 500 Growth ETF.

At a glance
+6.8%
SCHG total return, 1 year
+12.1%
VOOG total return, 1 year
0.04%
SCHG expense ratio
0.05%
VOOG expense ratio

Pair scorecard

SCHG costs 0.01 points a year less; their one-year returns differ by 5.3 points.

SCHG vs VOOG: Differences, Returns & Fees
MeasureSCHGVOOG
Return
Total return, 1 year+6.8%+12.1%
Drawdown
Below its high3.5%, high on Oct 6, 20264.1%, high on Oct 6, 2026
Benchmark
What it tracksDow Jones U.S. Large-Cap Growth Total Stock Market IndexS&P 500 Growth Index
Cost and size
Expense ratio0.04%0.05%
Net assets, SCHG as of Aug 31, 2026 and VOOG as of Sep 30, 2026$63.0bn$27.8bn
Holdings
Holdings in common62%
Top ten holdings, share of the fund51.0%60.2%

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
SCHG VOOG
Return
Total return edge SCHG (slight) +1,116.1% +1,043.0%
Annualized edge SCHG (slight) +16.7% +16.3%
Price return edge SCHG +958.0% +845.5%
Risk
Volatility edge VOOG (slight) 18.5% 17.5%
Max drawdown edge VOOG (slight) −34.2% −32.0%
Downside capture 108.1% 99.7%
Beta 1.10 1.00
Risk-adjusted
Sharpe edge Tie 0.84 0.86
Sortino edge Tie 1.26 1.28
Treynor 0.138 0.151
Calmar edge VOOG (slight) 0.49 0.51
Against the benchmark
Alpha +0.8% a year +0.1% a year
Alpha t-stat 0.65 0.33
Information ratio 0.40 0.06
Tracking error 5.5% 0.9%

Each against its own benchmark: SCHG against IVV, Dec 18, 2009 to Oct 23, 2026; VOOG against IVW, Sep 17, 2010 to Oct 23, 2026.

Reading

SCHG returned slightly more: +1,116.1% to +1,043.0%. VOOG swung slightly less: 17.5% to 18.5%. VOOG fell slightly less at its worst: −32.0% to −34.2%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: SCHG vs VOOG: Differences, Returns & Fees
MeasureSCHGVOOGEdgeHow it is measured
Return
Total return+1,116.1%+1,043.0%SCHG (slight)Price change plus distributions, reinvested.
Annualized+16.7%+16.3%SCHG (slight)Total return as a yearly rate.
Price return+958.0%+845.5%SCHGPrice change alone, distributions left out.
Risk
Volatility18.5%17.5%VOOG (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation12.4%11.7%VOOG (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.2%−32.0%VOOG (slight)Deepest fall from a high to the low after it.
Upside capture121.1%99.6%Share of its benchmark's rise caught in the weeks it rose.
Downside capture108.1%99.7%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.101.00Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.921.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.840.86TieReturn above Treasury bills per unit of volatility.
Sortino1.261.28TieReturn above Treasury bills per unit of downside deviation.
Treynor0.1380.151Return above Treasury bills per unit of beta.
Calmar0.490.51VOOG (slight)Annualized return divided by the max drawdown.
Against the benchmark
BenchmarkIVVIVWThe ETF each fund is measured against.
Alpha+0.8% a year+0.1% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.650.33Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−1.7% to +3.4%−0.4% to +0.5%Includes zeroThe 95% range for the yearly alpha.
Information ratio0.400.06Return against its benchmark per unit of tracking error.
Tracking error5.5%0.9%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

62%

By the books each fund has filed, SCHG and VOOG hold 62% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Sep 30, 2026.

0 half 100%

half

62% in common

Positions both hold · largest shared weight first SCHG VOOG
NVIDIA Corp 10.67% 15.01%
Microsoft Corp 7.52% 10.34%
Apple Inc 9.29% 6.60%
Alphabet Inc 3.97% 5.48%
Amazon.com Inc 5.07% 3.52%
Broadcom Inc 3.50% 4.54%
Alphabet Inc 3.16% 4.39%
Eli Lilly & Co 2.93% 2.51%
Meta Platforms Inc 2.51% 4.34%
Advanced Micro Devices Inc 2.37% 2.71%
Tesla Inc 2.37% 1.68%
Palantir Technologies Inc 1.65% 1.17%
Only in one fund ↓
Only in SCHG
Costco Wholesale Corp 1.61%
UnitedHealth Group Inc 1.36%
Thermo Fisher Scientific Inc 0.88%
Linde PLC 0.87%
Salesforce Inc 0.81%
Walt Disney Co 0.72%
Blackrock Inc 0.64%
Vertex Pharmaceuticals Inc 0.53%
Only in VOOG
Micron Technology Inc 3.27%
Berkshire Hathaway Inc 2.52%
JPMorgan Chase & Co 1.62%
Lam Research Corp 1.12%
Applied Materials Inc 1.10%
Johnson & Johnson 1.02%
Caterpillar Inc 1.01%
Sandisk Corp 0.69%
Check overlap with more funds →

Side by side

SCHG Schwab U.S. Large-Cap Growth ETF VOOG Vanguard S&P 500 Growth 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 Growth
Total return, 1 year +6.8% +12.1%
Its benchmark over the same days +13.7% (IVV) +12.1% (IVW)
Gap to its benchmark −6.9 pts vs IVV 0.0 pts vs IVW
Expense ratio 0.04% 0.05%
Already in the S&P 500 94.7% 99.8%
Holdings 192 154
Net assets, SCHG as of Aug 31, 2026 and VOOG as of Sep 30, 2026 $63.0bn $27.8bn

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

Client brief · page 1 of 2 Report BR-B33C1ED9B2

SCHG and VOOG are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. SCHG follows Dow Jones U.S. Large-Cap Growth Total Stock Market Index and VOOG follows S&P 500 Growth Index.
  2. One-year total return. Over 1 year to Oct 28, 2026 SCHG returned +6.8% and VOOG +12.1% with distributions reinvested, a gap of 5.3 points.
  3. Holdings in common (similar). 62% 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.

VOOG

VOOG tracks the S&P 500 Growth. Over the year to Oct 28, 2026 it returned +12.1% with distributions reinvested, against +12.1% for its benchmark, the S&P 500 Growth Index. The prospectus expense ratio is 0.05% 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 154 positions, with the top ten at 60.2%. It sat 4.1% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SCHG or VOOG?
In the year to Oct 28, 2026, with distributions reinvested, SCHG returned +6.8% and VOOG +12.1%.
Which is cheaper, SCHG or VOOG?
SCHG 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 VOOG overlap with the S&P 500?
By their latest filed holdings, 95% of SCHG and 100% of VOOG by weight is stocks the S&P 500 already holds.
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ETFIQ, SCHG against VOOG, data as of Oct 28, 2026. https://etfiq.com/compare/any/schg-vs-voog

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