IWX vs SCHV: Grades, Fees and Holdings Compared

iShares Russell Top 200 Value ETF

IWXBNYSE Arca

Schwab U.S. Large-Cap Value ETF

SCHVANYSE Arca

Overlap

59.7%by weight

Expense ratio

SCHV −0.16pt a year

IWX0.20%SCHV0.04%

Avg volume · 30D

SCHV 6.7×the volume

IWX472KSCHV3.17M

10Y return · a year

IWX +0.8pt

IWX+12.4%SCHV+11.6%

IWX vs SCHV Performance

Oct 29, 2021 – Oct 30, 2026

+81.7%IWX+63.8%SCHV

Expense ratio: IWX 0.20%; SCHV 0.04%, better
Fund size: IWX $3.88B; SCHV $15.7B
1Y total return: IWX +29.8%, better; SCHV +22.1%
Yield (12M): IWX 1.35%; SCHV 1.81%, better
Holdings: IWX 155; SCHV 568
Avg volume (30D): IWX 472K sh; SCHV 3.17M sh, better
NAV per share: IWX $113.65; SCHV $34.62
52W range

ETF.net Grade

Pillar letters and Scores for IWX, SCHV, with each pillar’s weight
Pillar	IWX	SCHV
Cost30% weight	C51	A96Higher
Mission25% weight	A87	A88Higher
Risk15% weight	A88Higher	B68
Tradability15% weight	A78	A95Higher
Holdings10% weight	D31	B59Higher
Durability5% weight	B69Higher	B68

Rank among US Value Index funds

How we build Categories ›

Same Category. IWX 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 IWX 9th 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 9BIWSiShares Russell Mid-Cap Value ETFScore 68
Rank 9BIWXiShares Russell Top 200 Value ETFScore 68
Rank 9BVBRVanguard Morningstar Small-Cap Value ETFScore 68

Our read on each fund

ETF.net Research

IWXBiShares Russell Top 200 Value ETF

SCHVASchwab U.S. Large-Cap Value ETF

In short

IWX Value investing with a height requirement. IWX runs its cheap-stock screen only across the Russell Top 200, the biggest end of the US market, and holds roughly 150 of them. Large-cap value with no mid-cap drift, on iShares plumbing since 2009.

SCHV No data

Stated mandate

IWX The fund seeks to follow an index of large-cap U.S. stocks that may be undervalued compared with similar companies.

SCHV No data

Why people hold it

IWX The mandate stays big. The value screen runs on the Russell Top 200 Value Index, so it is a mega-cap value sleeve, not a large-and-mid grab bag.ishares.com
It hugs the index it advertises closely, and lands in the upper half of its US value peer group on our review.
Seasoned and sizable: trading since 2009, a multi-billion-dollar fund, paying distributions quarterly.

SCHV No data

Worth knowing

IWX The 0.20% fee sits above the value-cohort median of 0.18%, and far above core rivals like VTV at 0.03% and IUSV at 0.04%.
About 150 mega-caps is a short bench. Value funds holding several hundred names spread sector and single-stock moves more thinly.
Volume is moderate rather than heavy, so spreads can run wider than the busiest value ETFs, which matters most on large or hurried orders.

SCHV No data

Full IWX profile⁠

Full SCHV profile⁠

IWX vs SCHV Holdings

How IWX and SCHV differ

Overlap by weight

59.7%

Shared holdings make up 64.5% of IWX and 63.7% of SCHV.

Level by level

Holdings118 in both59.7%
Sector11 Sectors89.2%
Countryby domicile99.4%
Asset classEquity100%

Sector

Sector weights in IWX and SCHV, widest gap first
Sector	More in IWXMore in SCHV	IWX	SCHV
Technology	IWX +6.0 points	23.6%	17.6%
Consumer Discretionary	IWX +4.7 points	11.0%	6.3%
Industrials	SCHV +3.0 points	8.3%	11.3%
Real Estate	SCHV +2.3 points	1.7%	4.0%
Utilities	SCHV +1.6 points	2.3%	3.9%
Financials	SCHV +1.5 points	18.9%	20.4%
Energy	SCHV +1.1 points	6.2%	7.3%
Consumer Staples	SCHV +0.7 points	8.1%	8.8%
Health Care	SCHV +0.2 points	14.0%	14.2%
Communication	SCHV +0.2 points	3.3%	3.5%
Materials	SCHV +0.2 points	2.6%	2.8%

Country, concentration and asset class

Country by domicile

Country weights in IWX and SCHV, widest gap first
Country	More in IWXMore in SCHV	IWX	SCHV
United States	IWX +0.6 points	99.5%	98.9%
Other countries (5)	SCHV +0.6 points	0.5%	1.1%

Concentration

Weight in the 10 largest Holdings

IWX40.3%
SCHV19.9%

Securities held

IWX152
SCHV568

Asset class

IWX: Equity
SCHV: Equity

Holdings

Only in IWX34
In both118
Only in SCHV450

Only in IWX

34 securities, 35.3% of IWX by weight

Apple8.33%
Amazon.com Inc7.81%
Microsoft7.10%
UnitedHealth Group1.34%
Thermo Fisher Scientific0.95%
Meta Platforms Class A0.90%
Costco Wholesale Corp0.89%
Linde PLC0.84%
Walt Disney0.69%
BlackRock0.64%
Deere0.59%
Vertex Pharmaceuticals0.49%
S&P Global0.49%
Eaton PLC0.47%
Parker-Hannifin0.42%
Uber Technologies0.42%
Equinix Reit0.37%
Synopsys0.33%
Regeneron Pharmaceuticals0.29%
Constellation Energy Corp0.29%
Intuit0.22%
Sherwin Williams0.20%
Kkr and Co Inc0.18%
Apollo Global Management0.18%
Boeing0.17%
Autozone0.16%
Moodys Corp0.14%
Transdigm Group0.12%
Marriott International Class A0.08%
Interactive Brokers Group Inc Clas0.08%
Southern Copper Corp0.05%
Mckesson Corp0.02%
Mobility Global Inc0.02%
Brookfield Asset Management Voting<0.01%

Only in SCHV

450 securities, 36.3% of SCHV by weight

Lam Research1.04%
Texas Instrument0.93%
Netflix0.84%
Oracle0.79%
Amphenol Corp Class A0.66%
Marvell Technology0.62%
Lockheed Martin0.43%
Marathon Petroleum0.40%
Corning0.33%
Moderna0.27%
Hewlett Packard Enterprise0.25%
Cintas0.24%
Simon Property Group Reit Inc0.23%
Nxp Semiconductors NV0.22%
Kinder Morgan0.22%
Cheniere Energy0.21%
Bloom Energy Class A0.21%
Allstate Corp0.21%
Digital Realty Trust Reit0.21%
Cencora0.21%
Nucor0.20%
Oneok0.20%
Fastenal0.20%
Cardinal Health0.19%
Ametek Inc0.19%
Keysight Technologies0.18%
Devon Energy0.18%
Edwards Lifesciences0.18%
Realty Income Reit0.18%
Becton Dickinson0.18%
L3HARRIS Technologies0.17%
Entergy Corp0.17%
Agilent Technologies Inc0.17%
Rockwell Automation Inc0.16%
Xcel Energy Inc0.16%
Fifth Third Bancorp0.16%
PayPal Holdings0.16%
Ebay0.16%
Ford Motor0.16%
Vylor0.16%
Westinghouse Air Brake Technologie0.16%
Keurig Dr Pepper Inc0.16%
State Street0.16%
Exelon Corp0.15%
Nasdaq Inc0.15%
Garmin0.15%
Ferguson Enterprises0.15%
Occidental Petroleum Corp0.15%
Everpure Inc Class A0.15%
Iqvia Holdings Inc0.15%

Weight gaps

The 100 widest of 118 Holdings in both funds.

Holding weights in IWX and SCHV, widest gap first
Holding	More in IWXMore in SCHV	IWX	SCHV
Home DepotHD	SCHV +0.76 points	0.31%	1.07%
Space Exploration Technologies CorSPCX	SCHV +0.61 points	0.03%	0.64%
Amgen IncAMGN	SCHV +0.55 points	0.26%	0.81%
Berkshire Hathaway Inc Class BBRK.B	IWX +0.35 points	3.64%	3.29%
JPMorgan Chase & CoJPM	IWX +0.33 points	3.31%	2.98%
Exxonmobil Holdings CorpXOM	IWX +0.26 points	2.72%	2.46%
Johnson & JohnsonJNJ	IWX +0.23 points	2.39%	2.16%
BlackstoneBX	SCHV +0.22 points	0.07%	0.29%
Adobe IncADBE	SCHV +0.21 points	0.11%	0.32%
Ross Stores IncROST	SCHV +0.21 points	0.03%	0.24%
TjxTJX	SCHV +0.20 points	0.31%	0.51%
Starbucks CorpSBUX	SCHV +0.19 points	0.20%	0.39%
American Tower ReitAMT	SCHV +0.17 points	0.11%	0.28%
Cisco Systems IncCSCO	IWX +0.16 points	1.55%	1.39%
Procter & GamblePG	IWX +0.13 points	1.35%	1.22%
Merck & Co IncMRK	IWX +0.12 points	1.30%	1.18%
American ExpressAXP	SCHV +0.13 points	0.43%	0.56%
Philip Morris InternationalPM	IWX +0.11 points	1.17%	1.06%
Automatic Data Processing IncADP	SCHV +0.11 points	0.26%	0.37%
RtxRTX	IWX +0.09 points	0.97%	0.88%
Cummins IncCMI	SCHV +0.09 points	0.14%	0.23%
Colgate-PalmoliveCL	SCHV +0.09 points	0.15%	0.24%
Wells FargoWFC	IWX +0.09 points	0.93%	0.84%
Monster BeverageMNST	SCHV +0.09 points	0.13%	0.22%
International Business Machines CoIBM	IWX +0.09 points	0.88%	0.79%
Motorola Solutions IncMSI	SCHV +0.09 points	0.18%	0.27%
Goldman Sachs GroupGS	IWX +0.08 points	0.96%	0.88%
Gilead SciencesGILD	IWX +0.07 points	0.74%	0.67%
ConocophillipsCOP	IWX +0.07 points	0.66%	0.59%
Verizon Communications IncVZ	IWX +0.07 points	0.66%	0.59%
Mcdonalds CorpMCD	IWX +0.07 points	0.66%	0.59%
Abbott LaboratoriesABT	IWX +0.06 points	0.65%	0.59%
QualcommQCOM	IWX +0.05 points	0.70%	0.65%
Nextera EnergyNEE	IWX +0.06 points	0.62%	0.56%
WelltowerWELL	IWX +0.06 points	0.61%	0.55%
PfizerPFE	IWX +0.05 points	0.61%	0.56%
ChevronCVX	IWX +0.06 points	1.55%	1.49%
DanaherDHR	IWX +0.06 points	0.54%	0.48%
Accenture PLC Class AACN	IWX +0.06 points	0.55%	0.49%
Waste Management IncWM	SCHV +0.05 points	0.23%	0.28%
ProgressivePGR	IWX +0.04 points	0.48%	0.44%
CitigroupC	SCHV +0.05 points	0.64%	0.69%
SalesforceCRM	IWX +0.04 points	0.66%	0.62%
Altria Group IncMO	IWX +0.04 points	0.46%	0.42%
Bristol Myers SquibbBMY	IWX +0.04 points	0.45%	0.41%
ChubbCB	IWX +0.05 points	0.46%	0.41%
Medtronic PLCMDT	IWX +0.04 points	0.43%	0.39%
Cvs HealthCVS	IWX +0.04 points	0.42%	0.38%
Prologis ReitPLD	IWX +0.04 points	0.44%	0.40%
NewmontNEM	IWX +0.04 points	0.42%	0.38%
Lowes Companies IncLOW	IWX +0.04 points	0.42%	0.38%
Cme Group Class ACME	IWX +0.04 points	0.39%	0.35%
SouthernSO	IWX +0.04 points	0.39%	0.35%
MarshMRSH	IWX +0.03 points	0.34%	0.31%
AT&TT	IWX +0.03 points	0.50%	0.47%
Eog ResourcesEOG	IWX +0.03 points	0.31%	0.28%
Capital One Financial CorpCOF	IWX +0.03 points	0.45%	0.42%
Emerson ElectricEMR	IWX +0.04 points	0.35%	0.31%
StrykerSYK	IWX +0.04 points	0.39%	0.35%
General Dynamics CorpGD	IWX +0.03 points	0.34%	0.31%
Duke Energy CorpDUK	IWX +0.03 points	0.35%	0.32%
CsxCSX	IWX +0.03 points	0.35%	0.32%
Pnc Financial Services GroupPNC	IWX +0.03 points	0.33%	0.30%
Us BancorpUSB	IWX +0.03 points	0.34%	0.31%
AbbVieABBV	IWX +0.04 points	1.71%	1.67%
Intercontinental Exchange IncICE	IWX +0.03 points	0.33%	0.30%
WilliamsWMB	IWX +0.03 points	0.33%	0.30%
Elevance Health IncELV	IWX +0.03 points	0.33%	0.30%
Freeport Mcmoran IncFCX	IWX +0.03 points	0.34%	0.31%
Illinois Tool IncITW	SCHV +0.03 points	0.21%	0.24%
Bank of AmericaBAC	IWX +0.03 points	1.11%	1.08%
SlbSLB	IWX +0.03 points	0.29%	0.26%
Mondelez International Class AMDLZ	IWX +0.03 points	0.29%	0.26%
Morgan StanleyMS	IWX +0.03 points	0.77%	0.74%
Travelers CompaniesTRV	IWX +0.03 points	0.30%	0.27%
Comcast Class ACMCSA	IWX +0.02 points	0.28%	0.26%
T Mobile Us IncTMUS	IWX +0.03 points	0.26%	0.23%
United Parcel Service Inc Class BUPS	IWX +0.03 points	0.29%	0.26%
Norfolk Southern CorpNSC	IWX +0.03 points	0.28%	0.25%
Boston ScientificBSX	IWX +0.03 points	0.23%	0.20%
Oreilly Automotive IncORLY	IWX +0.03 points	0.26%	0.23%
Northrop Grumman CorpNOC	IWX +0.03 points	0.27%	0.24%
General MotorsGM	IWX +0.03 points	0.27%	0.24%
Intel CorporationINTC	IWX +0.03 points	1.52%	1.49%
Honeywell International IncHON	IWX +0.02 points	0.25%	0.23%
American Electric Power IncAEP	IWX +0.02 points	0.25%	0.23%
Target CorpTGT	IWX +0.03 points	0.25%	0.22%
CignaCI	IWX +0.02 points	0.28%	0.26%
AflacAFL	IWX +0.02 points	0.20%	0.18%
Arthur J GallagherAJG	IWX +0.03 points	0.25%	0.22%
Hca HealthcareHCA	IWX +0.02 points	0.25%	0.23%
Fedex CorpFDX	IWX +0.02 points	0.24%	0.22%
Crh Public Limited PLCCRH	IWX +0.02 points	0.22%	0.20%
EcolabECL	IWX +0.02 points	0.27%	0.25%
MetlifeMET	IWX +0.02 points	0.20%	0.18%
Truist FinancialTFC	IWX +0.02 points	0.22%	0.20%
Coca-ColaKO	SCHV +0.02 points	1.15%	1.17%
Analog DevicesADI	IWX +0.02 points	0.71%	0.69%
Dominion EnergyD	IWX +0.02 points	0.21%	0.19%
SempraSRE	IWX +0.02 points	0.20%	0.18%

All 152 IWX 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.

IWX vs SCHV Cost

Overpaying IWX vs SCHV

$3,306

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

IWX 0.20%
$4,155
SCHV 0.04%
$849

Amount$10,000

Years30 years

Cost over time

IWX 0.20%
SCHV 0.04%
Overpaying

Year by year

Year	IWX	SCHV	Overpaying
10	$365	$73	$292
20	$1,421	$288	$1,133
30	$4,155	$849	$3,306

Expense ratio

0.20%IWX
0.04%SCHV, cheaper

SCHV0.04%IWX0.20%

0.03%0.80%

Middle half of US Value Index funds
Median 0.20%

SCHV 3rd cheapest of 40 funds

IWX 19th cheapest of 40 funds

IWX vs SCHV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IWX 1.35%; SCHV 1.81%, better
Payout (12M): IWX $1.54; SCHV $0.63
Last payment: IWX $0.40; SCHV $0.16
Ex-dividend: IWX Sep 15, 2026; SCHV Sep 23, 2026
Paid on: IWX Sep 18, 2026; SCHV Sep 28, 2026
Frequency: IWX Quarterly; SCHV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IWXQuarterly · 39 paymentsAll IWX payments⁠

SCHVQuarterly · 40 paymentsAll SCHV payments⁠

IWX vs SCHV Risk

Fall from peak · 5 years

IWX
SCHV

Risk facts

VolatilityStd dev, 3 years: IWX 11.4%, betterSCHV 11.9%
Return per unit of riskSharpe ratio, 3 years: IWX 1.54, betterSCHV 1.31
Worst fallMax drawdown, 5 years: IWX −18.1%, betterSCHV −19.8%
Market sensitivityBeta, 5 years: IWX 0.79SCHV 0.76; Market = 1

IWX and SCHV in the news

All news⁠

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

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IWX vs SCHV

In short

Stated mandate

Why people hold it

Worth knowing

How IWX and SCHV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IWX

Only in SCHV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

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

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

How IWX and SCHV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IWX

Only in SCHV

Weight gaps