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 SCHG and SCHV.
Dow Jones U.S. Large-Cap Growth Total Stock Market Index
Dow Jones U.S. Large-Cap Value Total Stock Market Index
Objective
Capital Appreciation
Tracks the Dow Jones U.S. Large-Cap Value Total Stock Market Index.
Asset class
Equity
Equity
Inception date
12/11/2009
12/11/2009
Beta
1.21
0.76
Last dividend
$0.0340
$0.1570
Ex-dividend date
06/24/2026
06/24/2026
Bottom lineChoose SCHG if you want a growth tilt and can accept bigger swings for higher upside. Choose SCHV if you want higher current income (1.84% vs 0.39% for SCHG).
Most used
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Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
SCHG has lagged SCHV over the trailing twelve months, posting a 17.91% total return against 24.33%. The picture flips over 10 years, though — SCHG has compounded at 18.56% a year, ahead of SCHV at 11.22%. SCHV has been the steadier holding, though — annualized volatility of 12.8% against 19.5% for SCHG. Figures are total returns: price change plus every distribution reinvested.
Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of July 14, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Dec 2009” measures every fund from December 11, 2009 — the youngest fund's first trading day — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the trailing 3 years. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the trailing 3 years) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Quick verdict
SCHG (Schwab U.S. Large-Cap Growth ETF) and SCHV (Schwab U.S. Large-Cap Value ETF) are both quarterly-pay dividend ETFs, but they take different approaches.
SCHV offers the higher yield at 1.84% vs 0.39% for SCHG. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
They track different benchmarks: SCHG is linked to Dow Jones U.S. Large-Cap Growth Total Stock Market Index while SCHV tracks Dow Jones U.S. Large-Cap Value 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, SCHG would generate roughly $3.25/month, while SCHV would produce $15.33/month, at current distribution rates. Both pay quarterly distributions.
SCHG yield0.39%
SCHV yield1.84%
Monthly diff on $10K$12.08
Cost & efficiency
Over 10 years on $10,000, SCHG would cost approximately $40 in fees vs $40 for SCHV (simplified, not compounded). Both charge the same expense ratio.
SCHG ER0.04%
SCHV ER0.04%
Strategy & risk
SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index with a capital appreciation approach, while SCHV tracks Dow Jones U.S. Large-Cap Value Total Stock Market Index. Beta is 1.21 for SCHG and 0.76 for SCHV, indicating SCHV is less volatile relative to the market.
SCHG beta1.21
SCHV beta0.76
Fund details
SCHG is managed by Schwab (launched 12/11/2009) with $58.4B in assets. SCHV is managed by Schwab (launched 12/11/2009) with $15.5B in assets.
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Frequently asked questions
Is SCHG or SCHV better for dividend income?
It depends on your goals. SCHV 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 SCHG and SCHV?
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, while SCHV (Schwab U.S. Large-Cap Value ETF) tracks Dow Jones U.S. Large-Cap Value Total Stock Market Index. They are issued by Schwab and Schwab respectively.
Can I hold both SCHG and SCHV?
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, SCHG or SCHV?
SCHG and SCHV both charge the same expense ratio of 0.04%, so neither is cheaper on fees — pick based on yield, strategy, or underlying index instead.
How much income does $10,000 in SCHG vs SCHV generate?
At current rates, $10,000 in SCHG would generate roughly $3.25 per month ($39.00 annually). The same in SCHV would produce about $15.33 per month ($184.00 annually).
Which has performed better historically, SCHG or SCHV?
SCHG has lagged SCHV over the trailing twelve months, posting a 17.91% total return against 24.33%. The picture flips over 10 years, though — SCHG has compounded at 18.56% a year, ahead of SCHV at 11.22%. SCHV has been the steadier holding, though — annualized volatility of 12.8% against 19.5% for SCHG. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.
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