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IMCG vs SCHG

iShares Morningstar Mid-Cap Growth ETF

IMCGANYSE Arca

Schwab U.S. Large-Cap Growth ETF

SCHGANYSE Arca

Overlap

9.2%by weight

Expense ratio

SCHG −0.02pt a year

IMCG0.06%SCHG0.04%

Avg volume · 30D

SCHG 57.0×the volume

IMCG139KSCHG7.94M

10Y return · a year

SCHG +4.1pt

IMCG+14.1%SCHG+18.2%

IMCG vs SCHG Performance

Nov 9, 2021 – Nov 9, 2026

+28.0%IMCG+69.8%SCHG

Nov 9, 2021 to Nov 9, 2026. IMCG +28.0%. SCHG +69.8%. Use the arrow keys to read each point.−25%0%50%Nov 2021May 2024Nov 2026
Expense ratio
IMCG 0.06%
SCHG 0.04%, better
Fund size
IMCG $3.9B
SCHG $59.7B
1Y total return
IMCG +15.5%, better
SCHG +5.8%
Yield (12M)
IMCG 0.67%, better
SCHG 0.41%
Holdings
IMCG 262
SCHG 187
Avg volume (30D)
IMCG 139K sh
SCHG 7.94M sh, better
NAV per share
IMCG $90.22
SCHG $33.13
52W range

ETF.net Grade

IMCG: Cost 78, Risk 74, Mission 96, Tradability 62, Holdings 76, Durability 69. SCHG: Cost 96, Risk 40, Mission 93, Tradability 88, Holdings 35, Durability 75.
Pillar letters and Scores for IMCG, SCHG, with each pillar’s weight
PillarIMCGSCHG
Cost30% weightA78A96Higher
Mission25% weightA96HigherA93
Risk15% weightA74HigherC40
Tradability15% weightB62A88Higher
Holdings10% weightA76HigherD35
Durability5% weightB69A75Higher

Rank among US Growth Index funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. IMCG and SCHG are both graded against the same 35 US Growth Index funds, so their Grades compare head to head.

US Growth Index⁠

Category · 35 funds
See all 35 ›

IMCG ranks 2nd and SCHG 2nd of 35 funds in the US Growth Index Category.

  1. Rank 1ASPYGState Street SPDR Portfolio S&P 500 Growth ETFScore 84
  2. Rank 2AIMCGiShares Morningstar Mid-Cap Growth ETFScore 78
  3. Rank 2ASCHGSchwab U.S. Large-Cap Growth ETFScore 78
  4. Rank 4AILCGiShares Morningstar Growth ETFScore 77

Our read on each fund

ETF.net Research

IMCGAiShares Morningstar Mid-Cap Growth ETF

SCHGASchwab U.S. Large-Cap Growth ETF

In short

IMCG Growth investing usually means megacaps. IMCG works the middle of the market instead: roughly 300 mid-cap growth names, indexed since 2004, for six basis points a year.

SCHG Schwab's growth workhorse: roughly 200 large-cap U.S. growth names for four basis points, one of the cheapest tickets in a crowded category. Running since 2009 and among the most heavily traded growth funds around.

Stated mandate

IMCG The Fund seeks to track an index of U.S. mid-capitalization equities with growth characteristics. Its strategy uses representative sampling and generally invests at least 80% of assets in securities from the Underlying Index.

SCHG SCHG seeks to track, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. It generally invests in stocks included in that index, which represents large-cap U.S. growth equities.

Why people hold it

  • IMCG 0.06% a year, one third of the 0.18% median for its growth-fund peer group. Mid-cap indexing at large-cap-index prices.
  • The growth leaderboard is stacked with large-cap funds (VUG, SCHG, SPYG, VONG). IMCG covers the middle instead, holding about 300 mid-cap growth names.
  • Sticks close to the Morningstar mid-cap growth index it follows, one of the tighter tracking jobs in its peer group.
  • Running since 2004 under the iShares roof, with a multi-billion-dollar asset base behind it.
  • SCHG 0.04% a year against a growth-category median of 0.18%. Costs sit near the floor of the group.
  • Hews closely to the Dow Jones U.S. Large-Cap Growth Total Stock Market Index, one of the tighter index implementations in its peer group.
  • Live since 2009, a multi-billion-dollar fund, and one of the busier tickers in the growth aisle, so entering and exiting is usually cheap and easy.
  • The benchmark is carved out of a total-market growth index, not S&P 500 membership, so a stock does not need an index committee's nod to qualify.

Worth knowing

  • IMCG Moderately traded rather than heavily traded, so bid-ask spreads can run wider than the megacap growth ETFs sitting beside it in the category.
  • This is a size-and-style bet. Mid-cap growth companies tend to move more sharply than the broad market, in both directions.
  • Distributions land quarterly, but a growth screen is not built around income.
  • SCHG Growth-only by design. Value and dividend-heavy corners of the market sit outside the mandate, so the ride differs from a total-market fund.
  • Large-cap U.S. only, roughly 200 stocks. No mid-caps, no small-caps, nothing overseas.
  • VUG charges a hair less for a similar broad-growth mandate. A tiny gap, but it is there. Distributions here arrive quarterly.

Full IMCG profile⁠

Full SCHG profile⁠

IMCG vs SCHG Holdings

How IMCG and SCHG differ

Overlap by weight

9.2%

Shared holdings make up 40.1% of IMCG and 9.2% of SCHG.

Level by level

  • Holdings86 in both9.2%
  • Sector11 Sectors60.0%
  • Countryby domicile98.5%
  • Asset classStocks100%

Sector

Sector weights in IMCG and SCHG, widest gap first
SectorMore in IMCGMore in SCHGGap
TechnologySCHG +29.4 points
IndustrialsIMCG +16.6 points
CommunicationSCHG +10.5 points
FinancialsIMCG +6.7 points
MaterialsIMCG +5.1 points
Real EstateIMCG +3.5 points
UtilitiesIMCG +2.8 points
EnergyIMCG +2.4 points
Health CareIMCG +1.4 points
Consumer StaplesIMCG +0.9 points
Consumer DiscretionaryIMCG +0.7 points

Country, concentration and asset class

Country by domicile

Country weights in IMCG and SCHG, widest gap first
CountryMore in IMCGMore in SCHGGap
United StatesSCHG +1.5 points
Other countries (4)IMCG +1.5 points

Concentration

Weight in the 10 largest Holdings

  • IMCG11.9%
  • SCHG61.0%

Securities held

  • IMCG259
  • SCHG186

Asset class

IMCG
Stocks
SCHG
Stocks

Holdings

  • Only in IMCG173
  • In both86
  • Only in SCHG100

Only in IMCG

173 securities, 59.7% of IMCG by weight

  • Freeport Mcmoran Inc1.23%
  • Motorola Solutions Inc1.23%
  • Johnson Controls International PLC1.18%

Only in SCHG

100 securities, 90.8% of SCHG by weight

  • Apple12.42%
  • NVIDIA11.23%
  • Microsoft9.79%

Weight gaps

All 86 Holdings in both funds, largest gap first.

Holding weights in IMCG and SCHG, widest gap first
HoldingMore in IMCGMore in SCHGGap
SnowflakeSNOWIMCG +1.06 points
Cloudflare Class ANETIMCG +0.99 points
Royal Caribbean GroupRCLIMCG +0.94 points
Hilton Worldwide HoldingsHLTIMCG +0.93 points
Moodys CorpMCOIMCG +0.87 points
Airbnb Class AABNBIMCG +0.87 points
FortinetFTNTIMCG +0.85 points
Doordash Class ADASHIMCG +0.79 points

All 259 IMCG holdings⁠All 189 SCHG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IMCG vs SCHG Cost

Overpaying IMCG vs SCHG

$421

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IMCG 0.06%

    $1,270

  • SCHG 0.04%

    $849

$10,000
30 years

Cost over time

  • IMCG 0.06%
  • SCHG 0.04%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K051015202530IMCG $1,270SCHG $849

Year by year

YearIMCGSCHGOverpaying
10$110$73$37
20$432$288$144
30$1,270$849$421

Expense ratio

  • 0.06%IMCG
  • 0.04%SCHG, cheaper
  • Middle half of US Growth Index funds
  • Median 0.18%

SCHG 2nd cheapest of 35 funds

IMCG 9th cheapest of 35 funds

IMCG vs SCHG Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
IMCG 0.67%, better
SCHG 0.41%
Payout (12M)
IMCG $0.62
SCHG $0.14
Last payment
IMCG $0.19
SCHG $0.04
Ex-dividend
IMCG Sep 15, 2026
SCHG Sep 23, 2026
Paid on
IMCG Sep 18, 2026
SCHG Sep 28, 2026
Frequency
IMCG Quarterly
SCHG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IMCGQuarterly · 39 paymentsAll IMCG payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.03; Jun 27, 2017 $0.03; Sep 26, 2017 $0.05; Dec 19, 2017 $0.04; Mar 22, 2018 $0.03; Jun 26, 2018 $0.03; Sep 26, 2018 $0.02; Dec 17, 2018 $0.03; Mar 20, 2019 $0.02; Jun 17, 2019 $0.02; Sep 24, 2019 $0.02; Dec 16, 2019 $0.07; Mar 25, 2020 $0.02; Jun 15, 2020 $0.02; Sep 23, 2020 $0.01; Dec 14, 2020 $0.0067; Mar 25, 2021 $0.0083; Jun 10, 2021 $0.08; Sep 24, 2021 $0.10; Dec 13, 2021 $0.11; Mar 24, 2022 $0.10; Jun 9, 2022 $0.08; Sep 26, 2022 $0.14; Dec 13, 2022 $0.18; Mar 23, 2023 $0.12; Jun 7, 2023 $0.09; Sep 26, 2023 $0.15; Dec 20, 2023 $0.18; Mar 21, 2024 $0.13; Jun 11, 2024 $0.11; Sep 25, 2024 $0.18; Dec 17, 2024 $0.17; Mar 18, 2025 $0.12; Jun 16, 2025 $0.14; Sep 16, 2025 $0.16; Dec 16, 2025 $0.21; Mar 17, 2026 $0.12; Jun 15, 2026 $0.10; Sep 15, 2026 $0.19. Use the arrow keys to read each point.$0$0.202017202020232026YTD
SCHGQuarterly · 42 paymentsAll SCHG payments⁠
One bar per payment. 42 payments from 2017 to 2026 YTD. Mar 20, 2017 $0.02; Jun 19, 2017 $0.02; Sep 18, 2017 $0.03; Dec 18, 2017 $0.02; Mar 16, 2018 $0.02; Jun 26, 2018 $0.02; Sep 25, 2018 $0.02; Dec 12, 2018 $0.03; Dec 28, 2018 $0.02; Mar 20, 2019 $0.02; Jun 26, 2019 $0.03; Sep 25, 2019 $0.03; Dec 12, 2019 $0.02; Mar 25, 2020 $0.02; Jun 24, 2020 $0.02; Sep 23, 2020 $0.02; Dec 10, 2020 $0.02; Mar 24, 2021 $0.02; Jun 23, 2021 $0.02; Sep 22, 2021 $0.02; Dec 8, 2021 $0.03; Dec 30, 2021 $0.0051; Mar 23, 2022 $0.02; Jun 22, 2022 $0.02; Sep 21, 2022 $0.02; Dec 7, 2022 $0.02; Mar 22, 2023 $0.02; Jun 21, 2023 $0.02; Sep 20, 2023 $0.02; Dec 6, 2023 $0.03; Dec 28, 2023 $0.0063; Mar 20, 2024 $0.02; Jun 26, 2024 $0.03; Sep 25, 2024 $0.03; Dec 11, 2024 $0.03; Mar 26, 2025 $0.03; Jun 25, 2025 $0.03; Sep 24, 2025 $0.03; Dec 10, 2025 $0.03; Mar 25, 2026 $0.04; Jun 24, 2026 $0.03; Sep 23, 2026 $0.04. Use the arrow keys to read each point.$0$0.202017202020232026YTD

IMCG vs SCHG Risk

Fall from peak · 5 years

  • IMCG
  • SCHG
Nov 9, 2021 to Nov 9, 2026. Worst fall: IMCG −35.1% · Oct 2022. Use the arrow keys to read each point.−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
IMCG 16.6%SCHG 16.5%, better
Return per unit of riskSharpe ratio, 3 years
IMCG 0.97SCHG 1.16, better
Worst fallMax drawdown, 5 years
IMCG −35.1%SCHG −34.6%, better
Market sensitivityBeta, 5 years
IMCG 1.13SCHG 1.20

IMCG and SCHG in the news

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