Data as of Oct 28, 2026.
SCHV vs SCHX: Differences, Returns & Fees
Over the year to Oct 28, 2026, SCHV returned +20.8% to SCHX's +13.1%; 46% of their weight is in the same names.
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Net assets on Aug 31, 2026: $15.7bn for Schwab U.S. Large-Cap Value ETF and $74.2bn for Schwab U.S. Large-Cap ETF.
Pair scorecard
SCHX costs 0.01 points a year less; their one-year returns differ by 7.7 points; SCHX is 4.7 times larger.
| Measure | SCHV | SCHX |
|---|---|---|
| Return | ||
| Total return, 1 year | +20.8% | +13.1% |
| Benchmark | ||
| What it tracks | Dow Jones U.S. Large-Cap Value Total Stock Market Index | Dow Jones U.S. Large-Cap Total Stock Market Index |
| Cost and size | ||
| Expense ratio | 0.04% | 0.03% |
| Net assets, as of Aug 31, 2026 | $15.7bn | $74.2bn |
| Holdings | ||
| Holdings in common | 46% | |
| Top ten holdings, share of the fund | 20.3% | 36.0% |
Holdings in common uses holdings dated Aug 31, 2026. Method
Risk and return
Dec 18, 2009 to Oct 23, 2026 · 879 weekly returns · each against IVVSCHX returned more: +819.8% to +533.9%. SCHV swung slightly less: 15.5% to 16.2%. SCHX fell slightly less at its worst: −32.3% to −34.3%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | SCHV | SCHX | IVV | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +533.9% | +819.8% | SCHX | Price change plus distributions, reinvested. | |
| Annualized | +11.5% | +14.0% | SCHX | Total return as a yearly rate. | |
| Price return | +310.6% | +588.5% | SCHX | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 15.5% | 16.2% | SCHV (slight) | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 10.9% | 11.2% | SCHV (slight) | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −34.3% | −32.3% | SCHX (slight) | Deepest fall from a high to the low after it. | |
| Upside capture | 80.9% | 100.6% | 100.0% | SCHX | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 91.7% | 100.5% | 100.0% | SCHV (slight) | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 0.91 | 1.01 | 1.00 | SCHV lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.89 | 1.00 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | 0.68 | 0.80 | SCHX | Return above Treasury bills per unit of volatility. | |
| Sortino | 0.97 | 1.16 | SCHX | Return above Treasury bills per unit of downside deviation. | |
| Treynor | 0.117 | 0.129 | 0.130 | SCHX (slight) | Return above Treasury bills per unit of beta. |
| Calmar | 0.34 | 0.43 | SCHX | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | IVV | IVV | IVV | The ETF each fund is measured against. | |
| Alpha | −1.2% a year | −0.2% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.92 | −0.68 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −3.7% to +1.3% | −0.6% to +0.3% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | −0.44 | −0.07 | SCHX | Return against its benchmark per unit of tracking error. | |
| Tracking error | 5.4% | 0.9% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 879 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, SCHV and SCHX hold 46% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.
half
46% in common
Only in one fund ↓
Side by side
SCHV and SCHX on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
SCHV and SCHX do different jobs. What does each one do in a portfolio?
- What each follows. SCHV follows Dow Jones U.S. Large-Cap Value Total Stock Market Index and SCHX follows Dow Jones U.S. Large-Cap Total Stock Market Index.
- Holdings in common. 46% of the weight is in the same securities (holdings dated Aug 31, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 SCHV returned +20.8% and SCHX +13.1% with distributions reinvested, a gap of 7.7 points.
Data as of Oct 28, 2026.
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SCHV
SCHV tracks an index. Over the year to Oct 28, 2026 it returned +20.8% 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, 90% of the fund by weight is stocks the S&P 500 also holds, across 555 positions, with the top ten at 20.3%.
SCHX
SCHX tracks an index of U.S. Large-Cap. Over the year to Oct 28, 2026 it returned +13.1% 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 filed for Aug 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 747 positions, with the top ten at 36.0%.
Questions people ask
- Which returned more over the last year, SCHV or SCHX?
- In the year to Oct 28, 2026, with distributions reinvested, SCHV returned +20.8% and SCHX +13.1%.
- Which is cheaper, SCHV or SCHX?
- SCHX 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.
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, SCHV against SCHX, data as of Oct 28, 2026. https://etfiq.com/compare/any/schv-vs-schx
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