ISCV vs SCHV: Grades, Fees and Holdings Compared

iShares Morningstar Small Cap Value ETF

ISCVANYSE Arca

Schwab U.S. Large-Cap Value ETF

SCHVANYSE Arca

Overlap

5.2%by weight

Expense ratio

SCHV −0.02pt a year

ISCV0.06%SCHV0.04%

Avg volume · 30D

SCHV 289.1×the volume

ISCV11KSCHV3.17M

10Y return · a year

SCHV +2.7pt

ISCV+8.9%SCHV+11.6%

ISCV vs SCHV Performance

Oct 29, 2021 – Oct 30, 2026

+48.7%ISCV+63.8%SCHV

Expense ratio: ISCV 0.06%; SCHV 0.04%, better
Fund size: ISCV $690M; SCHV $15.7B
1Y total return: ISCV +20.8%; SCHV +22.1%, better
Yield (12M): ISCV 1.90%, better; SCHV 1.81%
Holdings: ISCV 1042; SCHV 568
Avg volume (30D): ISCV 11K sh; SCHV 3.17M sh, better
NAV per share: ISCV $78.45; SCHV $34.62
52W range

ETF.net Grade

Pillar letters and Scores for ISCV, SCHV, with each pillar’s weight
Pillar	ISCV	SCHV
Cost30% weight	A86	A96Higher
Mission25% weight	A100Higher	A88
Risk15% weight	F23	B68Higher
Tradability15% weight	D33	A95Higher
Holdings10% weight	A87Higher	B59
Durability5% weight	B57	B68Higher

Rank among US Value Index funds

How we build Categories ›

Same Category. ISCV and SCHV are both graded against the same 40 US Value Index funds, so their Grades compare head to head.

US Value Index⁠

Category · 40 funds

See all 40 ›

SCHV ranks 1st and ISCV 7th of 40 funds in the US Value Index Category.

Rank 1ASCHVSchwab U.S. Large-Cap Value ETFScore 84
Rank 2AVTVVanguard Morningstar Value ETFScore 83
Rank 6AVLUState Street SPDR S&P 1500 Value Tilt ETFScore 75
Rank 7AISCViShares Morningstar Small Cap Value ETFScore 70
Rank 8BVTWVVanguard Russell 2000 Value ETFScore 69

Our read on each fund

ETF.net Research

ISCVAiShares Morningstar Small Cap Value ETF

SCHVASchwab U.S. Large-Cap Value ETF

In short

ISCV A 2004-vintage way to own the cheap end of small caps: roughly 1,100 names screened on value measures, for 0.06% a year, about a third of what the typical value ETF charges.

SCHV No data

Stated mandate

ISCV The fund seeks to follow an index of U.S. small-cap stocks chosen using value-oriented measures including forward earnings, book value, sales, cash flow, and dividend yield, providing targeted U.S. small-cap value exposure.

SCHV No data

Why people hold it

ISCV Charges 0.06% a year against a 0.18% median for its value peer group. Cost basically stops being part of the conversation.
About 1,100 holdings, so one small-cap blowup barely registers. This is a wide net across the value patch, not a stock-picker's short list.
Value is judged on forward earnings, book value, sales, cash flow and dividend yield, not price-to-book alone, and the fund has tracked that index tightly.
Trading since 2004 under the iShares roof, with cash paid out quarterly.

SCHV No data

Worth knowing

ISCV Thinly traded for its category. Spreads can run wider and size can push the price, so limit orders matter more here than at the mega-funds.
Small caps plus a value screen is the bumpy end of the equity market. Drawdowns here have historically run deeper than large-cap value.
The low fee isn't exclusive: VTWV matches 0.06%, and large-cap value siblings VTV and SCHV sit lower still.

SCHV No data

Full ISCV profile⁠

Full SCHV profile⁠

ISCV vs SCHV Holdings

How ISCV and SCHV differ

Overlap by weight

5.2%

Shared holdings make up 38.0% of ISCV and 5.2% of SCHV.

Level by level

Holdings148 in both5.2%
Sector11 Sectors82.0%
Countryby domicile99.3%
Asset classEquity100%

Sector

Sector weights in ISCV and SCHV, widest gap first
Sector	More in ISCVMore in SCHV	ISCV	SCHV
Technology	SCHV +9.6 points	8.0%	17.6%
Consumer Discretionary	ISCV +6.5 points	12.8%	6.3%
Real Estate	ISCV +5.2 points	9.2%	4.0%
Consumer Staples	SCHV +4.1 points	4.7%	8.8%
Financials	ISCV +3.6 points	24.0%	20.4%
Health Care	SCHV +2.0 points	12.2%	14.2%
Materials	ISCV +1.4 points	4.2%	2.8%
Communication	SCHV +1.4 points	2.1%	3.5%
Energy	SCHV +1.0 points	6.3%	7.3%
Industrials	ISCV +1.0 points	12.3%	11.3%
Utilities	ISCV +0.2 points	4.1%	3.9%

Country, concentration and asset class

Country by domicile

Country weights in ISCV and SCHV, widest gap first
Country	More in ISCVMore in SCHV	ISCV	SCHV
United States	ISCV +0.1 points	99.0%	98.9%
Switzerland	SCHV +0.3 points	0.3%	0.6%
Sweden	ISCV +0.2 points	0.2%	0.0%
United Kingdom	SCHV +0.2 points	0.0%	0.2%
India	ISCV +0.2 points	0.2%	0.0%
Mexico	SCHV +0.1 points	0.0%	0.1%
Canada	ISCV +0.1 points	0.1%	0.0%
Belgium	ISCV +0.1 points	0.1%	0.0%
Other countries (4)	Same weight	0.1%	0.1%

Concentration

Weight in the 10 largest Holdings

ISCV5.6%
SCHV19.9%

Securities held

ISCV1,039
SCHV568

Asset class

ISCV: Equity
SCHV: Equity

Holdings

Only in ISCV891
In both148
Only in SCHV420

Only in ISCV

891 securities, 61.8% of ISCV by weight

Halozyme Therapeutics0.50%
Docusign0.34%
Southstate Bank Corp0.32%
Sm Energy0.31%
Umb Financial0.30%
Viper Energy Inc Class A0.30%
Jackson Financial Class A0.29%
Columbia Banking System Inc0.28%
Viasat Inc0.28%
Chord Energy0.27%
Ugi0.27%
Old National Bancorp0.27%
Prosperity Bancshares0.26%
Cleveland Cliffs Inc0.26%
Pbf Energy Class A0.25%
Epam Systems0.24%
Axis Capital Holdings0.24%
Crocs0.23%
Transocean0.23%
Matador Resources0.22%
Science Applications International0.21%
Wintrust Financial0.21%
Weatherford International PLC0.21%
Onemain Holdings0.21%
H&R Block Inc0.21%
Valley National0.21%
Glacier Bancorp Inc0.21%
Caci International Inc Class A0.21%
United Bankshares0.21%
Compass Inc Class A0.21%
Terex0.20%
Black Hills Corp0.20%
First American Financial Corp0.20%
Magnolia Oil Gas Corp Class A0.20%
Teleflex0.20%
Healthcare Realty Trust Inc Class0.20%
Fnb Corp0.20%
Wex0.20%
Selective Insurance Group0.19%
Lear0.19%
Popular0.19%
Murphy Oil0.19%
Hancock Whitney0.19%
Paycom Software0.19%
Essent Group0.19%
Wayfair Class A0.19%
Macys0.19%
Home Bancshares Inc0.18%
Ingredion Inc0.18%
Mosaic0.18%

Only in SCHV

420 securities, 94.8% of SCHV by weight

Berkshire Hathaway Inc Class B3.29%
JPMorgan Chase2.98%
Exxonmobil Holdings Corp2.46%
Johnson & Johnson2.16%
Walmart1.76%
AbbVie1.67%
Intel Corporation Corp1.49%
Chevron1.49%
Cisco Systems Inc1.39%
Procter & Gamble1.22%
Merck & Co Inc1.18%
Coca-Cola1.17%
Bank of America1.08%
Home Depot1.07%
Philip Morris International1.06%
Lam Research1.04%
Texas Instrument0.93%
Goldman Sachs Group0.88%
Rtx0.88%
Netflix0.84%
Wells Fargo0.84%
Amgen Inc0.81%
International Business Machines Co0.79%
Oracle0.79%
Morgan Stanley0.74%
Analog Devices0.69%
Citigroup0.69%
Gilead Sciences0.67%
Amphenol Corp Class A0.66%
Qualcomm0.65%
Space Exploration Technologies Cor0.64%
Marvell Technology0.62%
Salesforce0.62%
Pepsico0.59%
Mcdonalds Corp0.59%
Verizon Communications Inc0.59%
Abbott Laboratories0.59%
Conocophillips0.59%
Union Pacific0.58%
Nextera Energy0.56%
Pfizer0.56%
American Express0.56%
Welltower0.55%
Tjx0.51%
Accenture PLC Class A0.49%
Danaher0.48%
Charles Schwab0.47%
Dell Technologies Inc Class C0.47%
AT&T0.47%
Progressive0.44%

Weight gaps

The 100 widest of 148 Holdings in both funds.

Holding weights in ISCV and SCHV, widest gap first
Holding	More in ISCVMore in SCHV	ISCV	SCHV
Skyworks SolutionsSWKS	ISCV +0.60 points	0.67%	0.07%
Best BuyBBY	ISCV +0.55 points	0.61%	0.06%
ApaAPA	ISCV +0.52 points	0.58%	0.06%
Host Hotels & Resorts ReitHST	ISCV +0.50 points	0.56%	0.06%
Charles River Laboratories InternaCRL	ISCV +0.49 points	0.55%	0.06%
Reinsurance Group of AmericaRGA	ISCV +0.49 points	0.55%	0.06%
Hf SinclairDINO	ISCV +0.49 points	0.55%	0.06%
Jones Lang LasalleJLL	ISCV +0.49 points	0.54%	0.05%
Gen DigitalGEN	ISCV +0.47 points	0.52%	0.05%
Stanley Black & DeckerSWK	ISCV +0.46 points	0.51%	0.05%
Equitable HoldingsEQH	ISCV +0.44 points	0.49%	0.05%
Assurant IncAIZ	ISCV +0.42 points	0.47%	0.05%
AramarkARMK	ISCV +0.41 points	0.46%	0.05%
Jazz Pharmaceuticals PLCJAZZ	ISCV +0.41 points	0.45%	0.04%
Jm SmuckerSJM	ISCV +0.40 points	0.44%	0.04%
Crown Holdings IncCCK	ISCV +0.39 points	0.43%	0.04%
UnumUNM	ISCV +0.39 points	0.43%	0.04%
Renaissancere HoldingRNR	ISCV +0.38 points	0.43%	0.05%
Pinnacle WestPNW	ISCV +0.38 points	0.42%	0.04%
Globe LifeGL	ISCV +0.36 points	0.40%	0.04%
Mccormick & Co Non-VotingMKC	ISCV +0.35 points	0.39%	0.04%
Everest GroupEG	ISCV +0.35 points	0.40%	0.05%
SolventumSOLV	ISCV +0.35 points	0.39%	0.04%
Baxter InternationalBAX	ISCV +0.34 points	0.38%	0.04%
First HorizonFHN	ISCV +0.32 points	0.36%	0.04%
CloroxCLX	ISCV +0.31 points	0.35%	0.04%
BorgwarnerBWA	ISCV +0.30 points	0.34%	0.04%
Booz Allen Hamilton Holding ClassBAH	ISCV +0.31 points	0.34%	0.03%
Gaming and Leisure Properties ReitGLPI	ISCV +0.30 points	0.34%	0.04%
AvantorAVTR	ISCV +0.30 points	0.34%	0.04%
Oge EnergyOGE	ISCV +0.30 points	0.33%	0.03%
AesAES	ISCV +0.29 points	0.33%	0.04%
Cnh Industrial N.v.CNH	ISCV +0.29 points	0.32%	0.03%
Ally Financial IncALLY	ISCV +0.29 points	0.33%	0.04%
Gamestop Class AGME	ISCV +0.29 points	0.32%	0.03%
Agnc Investment ReitAGNC	ISCV +0.29 points	0.32%	0.03%
RevvityRVTY	ISCV +0.29 points	0.35%	0.06%
Owens CorningOC	ISCV +0.28 points	0.31%	0.03%
Cullen Frost BankersCFR	ISCV +0.27 points	0.30%	0.03%
Aptiv PLCAPTV	ISCV +0.27 points	0.30%	0.03%
Zions BancorporationZION	ISCV +0.27 points	0.30%	0.03%
Universal Health Services Class BUHS	ISCV +0.26 points	0.29%	0.03%
HasbroHAS	ISCV +0.26 points	0.32%	0.06%
MascoMAS	ISCV +0.26 points	0.31%	0.05%
Old Republic InternationalORI	ISCV +0.25 points	0.28%	0.03%
Franklin TempletonBEN	ISCV +0.26 points	0.29%	0.03%
Arrow ElectronicsARW	ISCV +0.25 points	0.29%	0.04%
Voya FinancialVOYA	ISCV +0.25 points	0.28%	0.03%
Toll Brothers IncTOL	ISCV +0.26 points	0.29%	0.04%
Avery Dennison CorpAVY	ISCV +0.24 points	0.29%	0.05%
Corebridge Financial IncCRBG	ISCV +0.24 points	0.27%	0.03%
Healthpeak Properties IncDOC	ISCV +0.24 points	0.28%	0.04%
Invesco LtdIVZ	ISCV +0.24 points	0.28%	0.04%
Brown Forman Class BBF.B	ISCV +0.24 points	0.26%	0.02%
Mohawk IndustriesMHK	ISCV +0.24 points	0.26%	0.02%
Western AllianceWAL	ISCV +0.23 points	0.26%	0.03%
Henry ScheinHSIC	ISCV +0.23 points	0.26%	0.03%
Omega Healthcare Investors ReitOHI	ISCV +0.23 points	0.28%	0.05%
Carmax IncKMX	ISCV +0.23 points	0.26%	0.03%
Nnn ReitNNN	ISCV +0.22 points	0.25%	0.03%
Commerce BancsharesCBSH	ISCV +0.23 points	0.25%	0.02%
Essential Utilities IncWTRG	ISCV +0.22 points	0.26%	0.04%
Skydance Shs Class BSKYD	ISCV +0.22 points	0.23%	0.01%
Lamar Advertising Company ClasLAMR	ISCV +0.21 points	0.26%	0.05%
Eastman ChemicalEMN	ISCV +0.21 points	0.24%	0.03%
GartnerIT	ISCV +0.21 points	0.26%	0.05%
AutolivALV	ISCV +0.21 points	0.24%	0.03%
Zebra Technologies Corp Class AZBRA	ISCV +0.21 points	0.27%	0.06%
American Financial GroupAFG	ISCV +0.21 points	0.24%	0.03%
Lamb Weston HoldingsLW	ISCV +0.21 points	0.23%	0.02%
Builders Firstsource IncBLDR	ISCV +0.21 points	0.23%	0.02%
Factset Research SystemsFDS	ISCV +0.20 points	0.24%	0.04%
Biomarin PharmaceuticalBMRN	ISCV +0.20 points	0.24%	0.04%
Allegion PLCALLE	ISCV +0.20 points	0.25%	0.05%
Exelixis IncEXEL	ISCV +0.20 points	0.25%	0.05%
Akamai Technologies IncAKAM	ISCV +0.20 points	0.25%	0.05%
Conagra BrandsCAG	ISCV +0.20 points	0.22%	0.02%
Blue Owl Capital Class AOWL	ISCV +0.20 points	0.22%	0.02%
Range ResourcesRRC	ISCV +0.19 points	0.23%	0.04%
Axalta Coating SystemsAXTA	ISCV +0.19 points	0.21%	0.02%
Lithia Motors Inc Class ALAD	ISCV +0.19 points	0.21%	0.02%
CooperCOO	ISCV +0.18 points	0.22%	0.04%
Hormel Foods CorpHRL	ISCV +0.18 points	0.20%	0.02%
Godaddy Class AGDDY	ISCV +0.18 points	0.22%	0.04%
TransunionTRU	ISCV +0.17 points	0.22%	0.05%
Alexandria Real Estate Equities ReARE	ISCV +0.17 points	0.19%	0.02%
Molson Coors Brewing Class BTAP	ISCV +0.17 points	0.19%	0.02%
Cubesmart ReitCUBE	ISCV +0.17 points	0.20%	0.03%
Mgm Resorts InternationalMGM	ISCV +0.16 points	0.18%	0.02%
Rpm International IncRPM	ISCV +0.17 points	0.21%	0.04%
Regency Centers Reit CorpREG	ISCV +0.17 points	0.21%	0.04%
IdexIEX	ISCV +0.16 points	0.22%	0.06%
Pinnacle Financial PartnersPNFP	ISCV +0.17 points	0.22%	0.05%
Wynn ResortsWYNN	ISCV +0.16 points	0.18%	0.02%
Carlisle CompaniesCSL	ISCV +0.16 points	0.21%	0.05%
PentairPNR	ISCV +0.16 points	0.19%	0.03%
Molina Healthcare IncMOH	ISCV +0.16 points	0.19%	0.03%
Bjs Wholesale Club HoldingsBJ	ISCV +0.16 points	0.20%	0.04%
Dt MidstreamDTM	ISCV +0.16 points	0.20%	0.04%
Siriusxm HoldingsSIRI	ISCV +0.15 points	0.17%	0.02%

All 1,039 ISCV holdings⁠All 570 SCHV 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.

ISCV vs SCHV Cost

Overpaying ISCV vs SCHV

$421

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

ISCV 0.06%
$1,270
SCHV 0.04%
$849

Amount$10,000

Years30 years

Cost over time

ISCV 0.06%
SCHV 0.04%
Overpaying

Year by year

Year	ISCV	SCHV	Overpaying
10	$110	$73	$37
20	$432	$288	$144
30	$1,270	$849	$421

Expense ratio

0.06%ISCV
0.04%SCHV, cheaper

SCHV0.04%ISCV0.06%

0.03%0.80%

Middle half of US Value Index funds
Median 0.20%

SCHV 3rd cheapest of 40 funds

ISCV 7th cheapest of 40 funds

ISCV vs SCHV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): ISCV 1.90%, better; SCHV 1.81%
Payout (12M): ISCV $1.49; SCHV $0.63
Last payment: ISCV $0.40; SCHV $0.16
Ex-dividend: ISCV Sep 15, 2026; SCHV Sep 23, 2026
Paid on: ISCV Sep 18, 2026; SCHV Sep 28, 2026
Frequency: ISCV Quarterly; SCHV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

ISCVQuarterly · 39 paymentsAll ISCV payments⁠

SCHVQuarterly · 40 paymentsAll SCHV payments⁠

ISCV vs SCHV Risk

Fall from peak · 5 years

ISCV
SCHV

Risk facts

VolatilityStd dev, 3 years: ISCV 17.2%SCHV 11.9%, better
Return per unit of riskSharpe ratio, 3 years: ISCV 0.88SCHV 1.31, better
Worst fallMax drawdown, 5 years: ISCV −25.3%SCHV −19.8%, better
Market sensitivityBeta, 5 years: ISCV 1.02SCHV 0.76; Market = 1

ISCV and SCHV in the news

All news⁠

Best ETFs
Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list
Updated Nov 2, 2026SCHV
Category Review
One US value fund returned 68% with Micron at 22.5%. The median returned 22%
Updated Sep 23, 2026SCHV

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ISCV vs SCHV

In short

Stated mandate

Why people hold it

Worth knowing

How ISCV and SCHV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in ISCV

Only in SCHV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list

One US value fund returned 68% with Micron at 22.5%. The median returned 22%

How ISCV and SCHV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in ISCV

Only in SCHV

Weight gaps