A
vs
B
Share
Compare their flowsAsk IQ about these two funds

SCHV vs SPHD: Differences, Returns & Fees

SCHV and SPHD hold 9% of their weight in the same names, and SCHV returned +19.4% over the year. Net assets: $15.5bn on May 31, 2026 for Schwab U.S. Large-Cap Value ETF, and $3.2bn on Oct 9, 2026 for Invesco S&P 500 High Dividend Low Volatility ETF.

SCHV costs 0.26 points a year less; their one-year returns differ by 13.8 points; SCHV is 4.8 times larger.

SCHV vs SPHD: Differences, Returns & Fees
SCHVSPHD
Expense ratio0.04%0.30%
Net assets, as of May 31, 2026$15.5bn$3.2bn
Total return, 1 year+19.4%+5.6%
What it tracksDow Jones U.S. Large-Cap Value Total Stock Market IndexS&P 500 Low Volatility High Dividend Index
Holdings in common9%
Holdings datedMay 31, 2026Oct 10, 2026
Top ten holdings, share of the fund20.3%28.2%
Below its high3.6%, high on Aug 14, 20268.4%, high on Aug 24, 2026

Holdings in common uses holdings dated May 31, 2026 and Oct 9, 2026.

+19.4%
SCHV total return, 1 year
+5.6%
SPHD total return, 1 year
0.04%
SCHV expense ratio
0.30%
SPHD expense ratio

What they hold in common

By the books each fund has filed, SCHV and SPHD hold 9% 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 Oct 9, 2026.

half

9% in common

Positions both hold, largest shared weight first
Holding SCHV SPHD
Chevron Corp 1.11% 2.26%
Verizon Communications Inc 0.65% 3.08%
PepsiCo Inc 0.64% 1.93%
AT&T Inc 0.56% 2.55%
Pfizer Inc 0.48% 3.72%
ConocoPhillips 0.45% 1.75%
Altria Group Inc 0.38% 2.86%
Bristol-Myers Squibb Co 0.38% 2.09%
Duke Energy Corp 0.31% 1.50%
Medtronic PLC 0.31% 1.94%
Comcast Corp 0.29% 2.35%
American Tower Corp 0.28% 2.31%
Only in SCHV
Micron Technology Inc 3.54%
Berkshire Hathaway Inc 2.82%
JPMorgan Chase & Co 2.62%
Exxon Mobil Corp 1.97%
Johnson & Johnson 1.76%
Intel Corp 1.75%
Walmart Inc 1.65%
Cisco Systems Inc 1.54%
Only in SPHD
ONEOK Inc 2.31%
Honeywell International Inc 1.83%
ExxonMobil Holdings Corp 1.59%
Invesco Government & Agency Portfolio 0.32%
CME E Mini Health Care Select Sector Futures 0.15%
E-mini S&P Real Estate Select Sector Stock Index Futures 0.14%
CME E Mini Consumer Staples Select Sector Futures 0.13%
CME E Mini Energy Select Sector Futures 0.05%

Check overlap with more funds →

On the same fields

SCHV
Schwab U.S. Large-Cap Value ETF
SPHD
Invesco S&P 500 High Dividend Low Volatility ETF
Where it sits Stock ETF Stock ETF
Issuer Schwab Invesco
What it is Tracks an index Tracks the S&P 500 High Dividend Low Volatility
Total return, 1 year +19.4% +5.6%
Expense ratio 0.04% 0.30%
Already in the S&P 500 92.3% 95.2%
Holdings 555 59
Net assets, SCHV as of May 31, 2026 and SPHD as of Oct 9, 2026 $15.5bn $3.2bn

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

About SCHV

SCHV tracks an index. Over the year to Oct 9, 2026 it returned +19.4% with distributions reinvested. The prospectus expense ratio is 0.04% a year. By its holdings filed for May 31, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 555 positions, with the top ten at 20.3%. It sat 3.6% below its high of Aug 14, 2026 on Oct 9, 2026.

About SPHD

SPHD tracks the S&P 500 High Dividend Low Volatility. Over the year to Oct 9, 2026 it returned +5.6% with distributions reinvested. The prospectus expense ratio is 0.30% a year. By its holdings published by its issuer for Oct 10, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 28.2%. It sat 8.4% below its high of Aug 24, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, SCHV or SPHD?
In the year to Oct 9, 2026, with distributions reinvested, SCHV returned +19.4% and SPHD +5.6%.
Which is cheaper, SCHV or SPHD?
SCHV is cheaper, by 0.26 percentage points a year. That is about $26 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SCHV and SPHD overlap with the S&P 500?
By their latest filed holdings, 92% of SCHV and 95% of SPHD by weight is stocks the S&P 500 already holds.
Other comparisons
IWX vs SCHVFELV vs SCHVEAGL vs SCHVBGIG vs SCHVDFUV vs SPHDHDV vs SPHDMGV vs SPHDSPHD vs VONV
SCHV on its own →SPHD on its own →Hold both: look the portfolio through →Rankings →Standards and sources →
Where these figures came from
SCHV filings on SEC EDGAR ↗SCHV prospectus with the expense ratio (SEC) ↗Schwab website ↗SPHD filings on SEC EDGAR ↗SPHD prospectus with the expense ratio (SEC) ↗Invesco page for SPHD ↗

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, SCHV against SPHD, data as of Oct 9, 2026. https://etfiq.com/compare/any/schv-vs-sphd

Open data

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