ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Schwab is known for offering low-cost, broad-based ETFs that serve both core portfolio holdings and specialized investment strategies. Their 33-fund lineup spans multiple asset classes including bonds, equities, international markets, digital assets, and factor-based strategies, with a notable emphasis on dividend-focused funds like SCHD alongside core index options. The issuer emphasizes accessibility for individual investors through competitive expense ratios and a diverse range of fund families designed to support various investment objectives.
See our curated list of related YouTube videos on SCHB and SCHG.
Dow Jones U.S. Large-Cap Growth Total Stock Market Index
Objective
Provide exposure to the fund's underlying index or strategy per issuer materials.
Capital Appreciation
Asset class
Equity
Equity
Inception date
11/03/2009
12/11/2009
Beta
1.03
1.21
Last dividend
$0.0753
$0.0340
Ex-dividend date
06/24/2026
06/24/2026
Bottom lineChoose SCHB if you want higher current income (1.04% vs 0.39% for SCHG). Choose SCHG if you want a growth tilt and can accept bigger swings for higher upside.
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Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
SCHB (Schwab U.S. Broad Market ETF) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both quarterly-pay dividend ETFs, but they take different approaches.
SCHB offers the higher yield at 1.04% vs 0.39% for SCHG. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
SCHB is cheaper with an expense ratio of 0.03% compared to 0.04%.
They track different benchmarks: SCHB is linked to Dow Jones U.S. Broad Stock Market Index while SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index, which means their performance drivers differ.
SCHG is the larger fund by assets ($58.4B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, SCHB would generate roughly $8.67/month, while SCHG would produce $3.25/month, at current distribution rates. Both pay quarterly distributions.
SCHB yield1.04%
SCHG yield0.39%
Monthly diff on $10K$5.42
Cost & efficiency
Over 10 years on $10,000, SCHB would cost approximately $30 in fees vs $40 for SCHG (simplified, not compounded). The $10.00 difference may be offset by yield or performance.
SCHB ER0.03%
SCHG ER0.04%
Strategy & risk
SCHB tracks Dow Jones U.S. Broad Stock Market Index with an index approach, while SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index with a capital appreciation approach. Beta is 1.03 for SCHB and 1.21 for SCHG, indicating SCHB is less volatile relative to the market.
SCHB beta1.03
SCHG beta1.21
Fund details
SCHB is managed by Schwab (launched 11/03/2009) with $42.3B in assets. SCHG is managed by Schwab (launched 12/11/2009) with $58.4B in assets.
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Frequently asked questions
Is SCHB or SCHG better for dividend income?
It depends on your goals. SCHB currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between SCHB and SCHG?
SCHB (Schwab U.S. Broad Market ETF) tracks Dow Jones U.S. Broad Stock Market Index with an index approach, while SCHG (Schwab U.S. Large-Cap Growth ETF) tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index with a capital appreciation approach. They are issued by Schwab and Schwab respectively.
Can I hold both SCHB and SCHG?
Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Which has lower fees, SCHB or SCHG?
SCHB has an expense ratio of 0.03% while SCHG charges 0.04%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in SCHB vs SCHG generate?
At current rates, $10,000 in SCHB would generate roughly $8.67 per month ($104.00 annually). The same in SCHG would produce about $3.25 per month ($39.00 annually).
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