IVV vs SCHG: Grades, Fees and Holdings Compared

iShares Core S&P 500 ETF

IVVANYSE Arca

Schwab U.S. Large-Cap Growth ETF

SCHGANYSE Arca

Overlap

58.1%by weight

Expense ratio

IVV −0.01pt a year

IVV0.03%SCHG0.04%

Avg volume · 30D

SCHG 1.2×the volume

IVV6.39MSCHG7.51M

10Y return · a year

SCHG +3.2pt

IVV+15.7%SCHG+18.9%

IVV vs SCHG Performance

Oct 28, 2021 – Oct 28, 2026

+80.7%IVV+81.9%SCHG

Expense ratio: IVV 0.03%, better; SCHG 0.04%
Fund size: IVV $889B; SCHG $64B
1Y total return: IVV +13.7%, better; SCHG +6.8%
Yield (12M): IVV 1.08%, better; SCHG 0.39%
Holdings: IVV 507; SCHG 187
Avg volume (30D): IVV 6.39M sh; SCHG 7.51M sh, better
NAV per share: IVV $775.30; SCHG $35.61
52W range

ETF.net Grade

Pillar letters and Scores for IVV, SCHG, with each pillar’s weight
Pillar	IVV	SCHG
Cost30% weight	A84	A96
Mission25% weight	A100	A92
Risk15% weight	C51	C43
Tradability15% weight	A80	A87
Holdings10% weight	B55	D36
Durability5% weight	A86	A75

Where each fund ranks

How we build Categories ›

Different Categories. Their Grades do not compare head to head.

S&P 500⁠

Category · 14 funds

See all 14 ›

IVV ranks 2nd of 14 funds in the S&P 500 Category.

Rank 1ASPYMState Street SPDR Portfolio S&P 500 ETFScore 82
Rank 2AIVViShares Core S&P 500 ETFScore 79
Rank 3AVOOVanguard S&P 500 ETFScore 74

US Growth Index⁠

Category · 35 funds

See all 35 ›

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

Rank 1ASPYGState Street SPDR Portfolio S&P 500 Growth ETFScore 83
Rank 2AIMCGiShares Morningstar Mid-Cap Growth ETFScore 78
Rank 2ASCHGSchwab U.S. Large-Cap Growth ETFScore 78
Rank 2AVUGVanguard Morningstar Growth ETFScore 78

Our read on each fund

ETF.net Research

IVVAiShares Core S&P 500 ETF

SCHGASchwab U.S. Large-Cap Growth ETF

In short

IVV The 2000-vintage iShares take on the S&P 500, now a $100B-plus cornerstone holding: roughly 500 large US companies, 0.03% a year, and tracking that stays tight to the index.

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

IVV The fund seeks to track the investment results of an index made up of large-capitalization U.S. equities.

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

IVV Costs 0.03% a year, a fraction of the typical fee among S&P 500 trackers, and undercuts the category's founding fund (SPY, 0.09%) on the same index.
Tracking is the whole job, and it does it about as tightly as this peer group gets: roughly 500 large US companies, no manager discretion bolted on.
A $100B-plus fund that trades heavily all session, which is what keeps bid-ask spreads thin for retail-sized orders and institutional blocks alike.
Running since 2000 as a registered open-end fund, with quarterly distributions and one of the longest live records in the S&P 500 aisle.ishares.com

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

IVV Pure US large cap. No mid caps, no small caps, nothing overseas, so it works as one slab of a portfolio rather than the whole thing.
It rides the index in both directions: when the S&P 500 has an ugly year, this has the same ugly year, minus the fee.
A near-identical rival shaves a basis point (SPYM at 0.02%). On $10,000 that gap is about a dollar a year, so structure and trading habits matter more.

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 IVV profile⁠

Full SCHG profile⁠

IVV vs SCHG Holdings

Holdings as of Oct 28, 2026 for IVV and Oct 29, 2026 for SCHG

How IVV and SCHG differ

Overlap by weight

58.1%

Shared holdings make up 96.4% of SCHG and 58.1% of IVV.

Level by level

Holdings118 in both58.1%
Sector11 Sectors77.7%
Countryby domicile99.2%
Asset classEquity100%

Sector

Sector weights in IVV and SCHG, widest gap first
Sector	More in IVVMore in SCHG	IVV	SCHG
Technology	SCHG +16.7 points	37.6%	54.3%
Financials	IVV +7.1 points	12.1%	5.0%
Communication	SCHG +4.5 points	9.2%	13.7%
Consumer Staples	IVV +3.9 points	5.0%	1.1%
Health Care	IVV +3.3 points	9.9%	6.6%
Energy	IVV +3.0 points	3.7%	0.7%
Utilities	IVV +1.6 points	2.0%	0.4%
Real Estate	IVV +1.5 points	1.8%	0.3%
Consumer Discretionary	SCHG +1.1 points	9.0%	10.1%
Industrials	IVV +1.0 points	8.0%	7.0%
Materials	IVV +0.8 points	1.7%	0.9%

Country, concentration and asset class

Country by domicile

Country weights in IVV and SCHG, widest gap first
Country	More in IVVMore in SCHG	IVV	SCHG
United States	Same weight	97.9%	97.9%
Ireland	IVV +0.4 points	1.2%	0.8%
United Kingdom	SCHG +0.2 points	0.4%	0.6%
Singapore	SCHG +0.4 points	0.0%	0.4%
Switzerland	IVV +0.3 points	0.3%	0.0%
Australia	SCHG +0.1 points	0.0%	0.1%
Netherlands	IVV +0.1 points	0.1%	0.0%
Cayman Islands	SCHG +0.1 points	0.0%	0.1%
Other countries (2)	IVV +0.1 points	0.1%	0.0%

Concentration

Weight in the 10 largest Holdings

IVV38.1%
SCHG60.5%

Securities held

IVV504
SCHG187

Asset class

IVV: Equity
SCHG: Equity

Holdings

Only in IVV386
In both118
Only in SCHG69

Only in IVV

386 securities, 41.8% of IVV by weight

Berkshire Hathaway Inc Class B1.52%
JPMorgan Chase & Co1.34%
Exxonmobil Holdings Corp1.11%
Johnson & Johnson0.97%
Walmart0.80%
AbbVie0.76%
Intel Corporation0.70%
Chevron0.68%
Cisco Systems Inc0.66%
Procter & Gamble0.56%
Coca-Cola0.53%
Merck & Co Inc0.53%
Bank of America0.49%
Home Depot0.48%
Philip Morris International0.47%
Lam Research0.45%
Texas Instrument0.42%
Goldman Sachs Group0.40%
Rtx0.39%
Netflix0.39%
Wells Fargo0.38%
Amgen Inc0.36%
International Business Machines Co0.35%
Oracle0.34%
Morgan Stanley0.34%
Marvell Technology0.32%
Analog Devices0.31%
Citigroup0.31%
Salesforce0.30%
Gilead Sciences0.30%
Qualcomm0.30%
Amphenol Corp Class A0.29%
Verizon Communications Inc0.27%
Pepsico0.27%
Abbott Laboratories0.27%
Union Pacific0.27%
Conocophillips0.27%
Mcdonalds Corp0.27%
Nextera Energy0.26%
Pfizer0.26%
American Express0.25%
Welltower0.25%
Tjx0.23%
Dell Technologies Inc Class C0.23%
Charles Schwab0.22%
Danaher0.22%
Accenture PLC Class A0.22%
AT&T0.22%
Progressive0.20%
Lockheed Martin0.19%

Only in SCHG

69 securities, 3.6% of SCHG by weight

Snowflake0.31%
Cloudflare Class A0.28%
Natera0.16%
Astera Labs0.12%
Revolution Medicines0.10%
Okta Class A0.10%
Atlassian Corp Class A0.09%
Rocket Lab Corp0.09%
Mongodb Class A0.08%
Heico0.08%
Credo Technology Group Holding Ltd0.08%
Zscaler0.07%
Lpl Financial Holdings0.07%
Ssc Government Mm Gvmxx0.06%
Liberty Media Series C0.06%
Rubrik Class A0.06%
Affirm Holdings Class A0.06%
Sofi Technologies0.06%
Insmed0.06%
First Citizens Bancshares Class A0.06%
Nutanix Class A0.05%
Coupang Class A0.05%
Woodward0.05%
Macom Technology Solutions0.05%
Curtiss Wright0.05%
Circle Internet Group Inc Class A0.04%
Toast Class A0.04%
Samsara Class A0.04%
Ftai Aviation0.04%
Talen Energy0.04%
Docusign0.04%
Clean Harbors Inc0.04%
Medpace Holdings0.04%
Rbc Bearings0.04%
Neurocrine Biosciences0.04%
Caci International Inc Class A0.04%
Mks0.04%
Carpenter Technology0.04%
Sun Communities Reit Inc0.04%
Tradeweb Markets Inc Class A0.04%
Five Below0.03%
Penumbra0.03%
Hubspot0.03%
Nextpower Inc0.03%
Bridgebio Pharma0.03%
Sitime0.03%
Sterling Infrastructure0.03%
Repligen0.03%
Texas Roadhouse Inc0.03%
Flutter Entertainment PLC0.03%

Weight gaps

The 100 widest of 118 Holdings in both funds.

Holding weights in IVV and SCHG, widest gap first
Holding	More in IVVMore in SCHG	IVV	SCHG
NVIDIANVDA	SCHG +4.32 points	7.92%	12.24%
AppleAAPL	SCHG +4.15 points	7.61%	11.76%
MicrosoftMSFT	SCHG +3.23 points	5.93%	9.16%
Amazon.com IncAMZN	SCHG +2.03 points	3.73%	5.76%
Broadcom IncAVGO	SCHG +1.68 points	2.45%	4.13%
Meta Platforms Class AMETA	SCHG +1.63 points	2.05%	3.68%
Alphabet Class AGOOGL	SCHG +1.54 points	2.83%	4.37%
Tesla IncTSLA	SCHG +1.37 points	1.72%	3.09%
Micron TechnologyMU	SCHG +1.24 points	1.58%	2.82%
Alphabet Class CGOOG	SCHG +1.23 points	2.26%	3.49%
Eli LillyLLY	SCHG +1.22 points	1.54%	2.76%
Advanced Micro DevicesAMD	SCHG +1.09 points	1.37%	2.46%
Visa Class AV	SCHG +0.81 points	1.03%	1.84%
Mastercard Class AMA	SCHG +0.59 points	0.74%	1.33%
Palantir Technologies Class APLTR	SCHG +0.54 points	0.69%	1.23%
Costco Wholesale CorpCOST	SCHG +0.52 points	0.66%	1.18%
UnitedHealth GroupUNH	SCHG +0.44 points	0.55%	0.99%
Caterpillar IncCAT	SCHG +0.39 points	0.49%	0.88%
Palo Alto NetworksPANW	SCHG +0.39 points	0.49%	0.88%
Applied Material IncAMAT	SCHG +0.38 points	0.47%	0.85%
Ge AerospaceGE	SCHG +0.37 points	0.46%	0.83%
Crowdstrike Holdings Class ACRWD	SCHG +0.32 points	0.41%	0.73%
Thermo Fisher ScientificTMO	SCHG +0.31 points	0.38%	0.69%
Ge VernovaGEV	SCHG +0.28 points	0.36%	0.64%
Linde PLCLIN	SCHG +0.28 points	0.35%	0.63%
KlaKLAC	SCHG +0.24 points	0.30%	0.54%
Arista NetworksANET	SCHG +0.24 points	0.29%	0.53%
SandiskSNDK	SCHG +0.22 points	0.29%	0.51%
Walt DisneyDIS	SCHG +0.22 points	0.29%	0.51%
BlackRockBLK	SCHG +0.19 points	0.25%	0.44%
DeereDE	SCHG +0.19 points	0.24%	0.43%
ServicenowNOW	SCHG +0.19 points	0.24%	0.43%
Intuitive SurgicalISRG	SCHG +0.19 points	0.24%	0.43%
Seagate Technology Holdings PLCSTX	SCHG +0.18 points	0.23%	0.41%
Eaton PLCETN	SCHG +0.18 points	0.22%	0.40%
Western Digital CorpWDC	SCHG +0.16 points	0.21%	0.37%
S&P GlobalSPGI	SCHG +0.17 points	0.20%	0.37%
Uber TechnologiesUBER	SCHG +0.16 points	0.20%	0.36%
BoeingBA	SCHG +0.16 points	0.20%	0.36%
Vertex PharmaceuticalsVRTX	SCHG +0.15 points	0.20%	0.35%
Parker-HannifinPH	SCHG +0.14 points	0.17%	0.31%
FortinetFTNT	SCHG +0.14 points	0.17%	0.31%
Booking HoldingsBKNG	SCHG +0.13 points	0.17%	0.30%
Mckesson CorpMCK	SCHG +0.13 points	0.17%	0.30%
Phillips 66PSX	SCHG +0.13 points	0.16%	0.29%
Trane Technologies PLCTT	SCHG +0.12 points	0.15%	0.27%
Equinix ReitEQIX	SCHG +0.11 points	0.15%	0.26%
Cadence Design SystemsCDNS	SCHG +0.12 points	0.14%	0.26%
Datadog Inc Class ADDOG	SCHG +0.11 points	0.14%	0.25%
SynopsysSNPS	SCHG +0.11 points	0.14%	0.25%
IntuitINTU	SCHG +0.11 points	0.13%	0.24%
Quanta Services IncPWR	SCHG +0.11 points	0.13%	0.24%
Constellation Energy CorpCEG	SCHG +0.10 points	0.13%	0.23%
Marriott International Class AMAR	SCHG +0.09 points	0.13%	0.22%
Vertiv Holdings Class AVRT	SCHG +0.10 points	0.12%	0.22%
Regeneron PharmaceuticalsREGN	SCHG +0.09 points	0.12%	0.21%
Lumentum HoldingsLITE	SCHG +0.09 points	0.12%	0.21%
Howmet AerospaceHWM	SCHG +0.09 points	0.12%	0.21%
Hilton Worldwide HoldingsHLT	SCHG +0.09 points	0.12%	0.21%
Sherwin WilliamsSHW	SCHG +0.09 points	0.11%	0.20%
Royal Caribbean GroupRCL	SCHG +0.09 points	0.11%	0.20%
Robinhood Markets Class AHOOD	SCHG +0.09 points	0.11%	0.20%
Applovin Class AAPP	SCHG +0.08 points	0.11%	0.19%
United RentalsURI	SCHG +0.08 points	0.11%	0.19%
Airbnb Class AABNB	SCHG +0.08 points	0.11%	0.19%
Moodys CorpMCO	SCHG +0.08 points	0.11%	0.19%
Te Connectivity PLCTEL	SCHG +0.08 points	0.10%	0.18%
Targa ResourcesTRGP	SCHG +0.07 points	0.10%	0.17%
Kkr and Co IncKKR	SCHG +0.07 points	0.10%	0.17%
Doordash Class ADASH	SCHG +0.07 points	0.10%	0.17%
Transdigm GroupTDG	SCHG +0.08 points	0.09%	0.17%
Monolithic Power Systems IncMPWR	SCHG +0.07 points	0.09%	0.16%
Baker Hughes Class ABKR	SCHG +0.07 points	0.09%	0.16%
Ww Grainger IncGWW	SCHG +0.07 points	0.09%	0.16%
Apollo Global ManagementAPO	SCHG +0.07 points	0.08%	0.15%
TeradyneTER	SCHG +0.06 points	0.08%	0.14%
AutozoneAZO	SCHG +0.06 points	0.08%	0.14%
AutodeskADSK	SCHG +0.06 points	0.08%	0.14%
CienaCIEN	SCHG +0.06 points	0.07%	0.13%
HumanaHUM	SCHG +0.06 points	0.07%	0.13%
Delta Air LinesDAL	SCHG +0.06 points	0.07%	0.13%
VistraVST	SCHG +0.06 points	0.07%	0.13%
CoherentCOHR	SCHG +0.05 points	0.07%	0.12%
Waters CorpWAT	SCHG +0.05 points	0.07%	0.12%
Veeva Systems Class AVEEV	SCHG +0.06 points	0.07%	0.13%
Comfort Systems UsaFIX	SCHG +0.05 points	0.07%	0.12%
MsciMSCI	SCHG +0.05 points	0.07%	0.12%
Idexx LaboratoriesIDXX	SCHG +0.05 points	0.07%	0.12%
Roper TechnologiesROP	SCHG +0.06 points	0.06%	0.12%
Carvana Class ACVNA	SCHG +0.06 points	0.06%	0.12%
Diamondback EnergyFANG	SCHG +0.05 points	0.06%	0.11%
Workday Class AWDAY	SCHG +0.05 points	0.06%	0.11%
Take Two Interactive SoftwareTTWO	SCHG +0.05 points	0.05%	0.10%
Interactive Brokers Group Inc ClasIBKR	SCHG +0.04 points	0.06%	0.10%
Coinbase Global Class ACOIN	SCHG +0.05 points	0.05%	0.10%
ResmedRMD	SCHG +0.05 points	0.05%	0.10%
Carnival Corp LtdCCL	SCHG +0.05 points	0.05%	0.10%
Vulcan MaterialsVMC	SCHG +0.04 points	0.05%	0.09%
Axon EnterpriseAXON	SCHG +0.04 points	0.05%	0.09%
Mettler ToledoMTD	SCHG +0.04 points	0.05%	0.09%

All 505 IVV 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.

IVV vs SCHG Cost

Overpaying SCHG vs IVV

$211

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

IVV 0.03%
$638
SCHG 0.04%
$849

Amount$10,000

Years30 years

Cost over time

IVV 0.03%
SCHG 0.04%
Overpaying

Year by year

Year	IVV	SCHG	Overpaying
10	$55	$73	$18
20	$216	$288	$72
30	$638	$849	$211

Expense ratio

0.03%IVV, cheaper
0.04%SCHG

Different Categories, so each fee sits in its own Category’s range.

IVV among 14 S&P 500 funds

IVV0.03%

0.02%0.45%

Middle half of S&P 500 funds
Median 0.09%

IVV 2nd cheapest of 14 funds

SCHG among 35 US Growth Index funds

SCHG0.04%

0.03%0.70%

Middle half of US Growth Index funds
Median 0.18%

SCHG 2nd cheapest of 35 funds

IVV vs SCHG Dividends

Last 12 months to Oct 28, 2026

Yield (12M): IVV 1.08%, better; SCHG 0.39%
Payout (12M): IVV $8.40; SCHG $0.14
Last payment: IVV $2.20; SCHG $0.04
Ex-dividend: IVV Sep 15, 2026; SCHG Sep 23, 2026
Paid on: IVV Sep 18, 2026; SCHG Sep 28, 2026
Frequency: IVV Quarterly; SCHG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IVVQuarterly · 40 paymentsAll IVV payments⁠

SCHGQuarterly · 42 paymentsAll SCHG payments⁠

IVV vs SCHG Risk

Fall from peak · 5 years

IVV
SCHG

Risk facts

VolatilityStd dev, 3 years: IVV 12.4%, betterSCHG 16.2%
Return per unit of riskSharpe ratio, 3 years: IVV 1.37, betterSCHG 1.25
Worst fallMax drawdown, 5 years: IVV −24.5%, betterSCHG −34.6%
Market sensitivityBeta, 5 years: IVV 1.00SCHG 1.20; Market = 1

IVV and SCHG in the news

All news⁠

Head-to-Head
VOO and IVV own the same S&P 500 stocks at the same fee
Oct 23, 2026IVV
Head-to-Head
Own iShares Core S&P 500 ETF, IVV, unless you want the heavier growth bet in Vanguard Morningstar Growth ETF, VUG
Oct 16, 2026IVV
Deep Dive
VOO shares its portfolio with other Vanguard 500 index fund share classes
Oct 10, 2026IVV
Best ETFs
The cheap large-cap growth pick is the S&P 500 list
Updated Oct 2, 2026SCHG
Best ETFs
The cheap S&P 500 funds tied this year. Equal weight did not.
Updated Oct 2, 2026IVV
Income Watch
A 25.22% distribution rate met a -0.32% SEC yield as the 10-year paid 5.01%
Sep 20, 2026IVV

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