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ETF Comparison

VUG vs SCHG: Which Is the Better Pick in 2026?

A head-to-head comparison of Vanguard Growth ETF and Schwab U.S. Large-Cap Growth ETF covering yield, cost, risk, and income potential.

Data updated April 5, 2026

Side-by-side snapshot

VUGSCHG
Full nameVanguard Growth ETFSchwab U.S. Large-Cap Growth ETF
IssuerVanguardSchwab
Price$441.56$29.41
Distribution yield0.44%0.38%
Expense ratio0.03%0.04%
AUM$335.9B$50.5B
Distribution frequencyQuarterlyQuarterly
Underlying indexCRSP US Large Cap Growth IndexDow Jones U.S. Large-Cap Growth Total Stock Market Index
ObjectiveTrack the CRSP US Large Cap Growth Index for diversified exposure to U.S. growth equities.Capital Appreciation
Asset classEquityEquity
Inception date01/26/200412/11/2009
Beta1.211.19
Last dividend$0.48$0.04
Ex-dividend date03/27/202603/25/2026

Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Quick verdict

VUG (Vanguard Growth ETF) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both popular quarterly-pay track the crsp us large cap growth index for diversified exposure to u.s. growth equities. ETFs, but they take different approaches.

VUG offers the higher yield at 0.44% vs 0.38% for SCHG. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

VUG is cheaper with an expense ratio of 0.03% compared to 0.04%.

They track different benchmarks: VUG is linked to CRSP US Large Cap Growth Index while SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index, which means their performance drivers differ.

VUG is the larger fund by assets ($335.9B), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, VUG would generate roughly $3.67/month while SCHG would produce $3.17/month at current distribution rates. Both pay quarterly distributions.

VUG yield0.44%
SCHG yield0.38%
Monthly diff on $10K$0.50

Cost & efficiency

Over 10 years on $10,000, VUG would cost approximately $30 in fees vs $40 for SCHG (simplified, not compounded). The $10.00 difference may be offset by yield or performance.

VUG ER0.03%
SCHG ER0.04%

Strategy & risk

VUG tracks CRSP US Large Cap Growth Index with a track the crsp us large cap growth index for diversified exposure to u.s. growth equities. approach, while SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index using a capital appreciation strategy. Beta is 1.21 for VUG and 1.19 for SCHG, indicating SCHG is less volatile relative to the market.

VUG beta1.21
SCHG beta1.19

Fund details

VUG is managed by Vanguard (launched 01/26/2004) with $335.9B in assets. SCHG is managed by Schwab (launched 12/11/2009) with $50.5B in assets.

VUG AUM$335.9B
SCHG AUM$50.5B

Income calculator

See how much monthly income a hypothetical investment would generate in each ETF at current yields.

Frequently asked questions

Is VUG or SCHG better for dividend income?

It depends on your goals. VUG 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 VUG and SCHG?

VUG (Vanguard Growth ETF) tracks CRSP US Large Cap Growth Index with a track the crsp us large cap growth index for diversified exposure to u.s. growth equities. strategy, 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 Vanguard and Schwab respectively.

Can I hold both VUG and SCHG?

Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.

Which has lower fees, VUG or SCHG?

VUG 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 VUG vs SCHG generate?

At current yields, $10,000 in VUG would generate roughly $3.67 per month ($44.00 annually). The same in SCHG would produce about $3.17 per month ($38.00 annually).

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