RPG vs SCHG: Grades, Fees and Holdings Compared

Invesco S&P 500 Pure Growth ETF

RPGCNYSE Arca

Schwab U.S. Large-Cap Growth ETF

SCHGANYSE Arca

Overlap

24.5%by weight

Expense ratio

SCHG −0.31pt a year

RPG0.35%SCHG0.04%

Avg volume · 30D

SCHG 15.9×the volume

RPG477KSCHG7.59M

10Y return · a year

SCHG +5.4pt

RPG+13.1%SCHG+18.5%

RPG vs SCHG Performance

Oct 29, 2021 – Oct 30, 2026

+28.9%RPG+74.3%SCHG

Expense ratio: RPG 0.35%; SCHG 0.04%, better
Fund size: RPG $1.74B; SCHG $61.7B
1Y total return: RPG +11.6%, better; SCHG +3.3%
Yield (12M): RPG 0.16%; SCHG 0.40%, better
Holdings: RPG 71; SCHG 187
Avg volume (30D): RPG 477K sh; SCHG 7.59M sh, better
NAV per share: RPG $53.04; SCHG $34.31
52W range

ETF.net Grade

Pillar letters and Scores for RPG, SCHG, with each pillar’s weight
Pillar	RPG	SCHG
Cost30% weight	D31	A96Higher
Mission25% weight	A83	A92Higher
Risk15% weight	D27	C41Higher
Tradability15% weight	A76	A87Higher
Holdings10% weight	B67Higher	D36
Durability5% weight	B56	A75Higher

Rank among US Growth Index funds

How we build Categories ›

Same Category. RPG 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 ›

SCHG ranks 2nd and RPG 23rd of 35 funds in the US Growth Index Category.

Rank 1ASPYGState Street SPDR Portfolio S&P 500 Growth ETFScore 84
Rank 2AILCGiShares Morningstar Growth ETFScore 78
Rank 2AIMCGiShares Morningstar Mid-Cap Growth ETFScore 78
Rank 2ASCHGSchwab U.S. Large-Cap Growth ETFScore 78
Rank 5AVUGVanguard Morningstar Growth ETFScore 77
Rank 22BCOWGPacer US Large Cap Cash Cows Growth Leaders ETFScore 55
Rank 23CRPGInvesco S&P 500 Pure Growth ETFScore 54
Rank 24CEGUSiShares ESG Aware MSCI USA Growth ETFScore 53

Our read on each fund

ETF.net Research

RPGCInvesco S&P 500 Pure Growth ETF

SCHGASchwab U.S. Large-Cap Growth ETF

In short

RPG Growth, undiluted. RPG tracks the S&P 500 Pure Growth Index: roughly 70 names carved out of the 500, so the style comes through straight instead of spread thin across hundreds of stocks.

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

RPG The Fund seeks to track, before fees and expenses, the investment results of the S&P 500 Pure Growth Index. It generally invests at least 90% of total assets in securities comprising that 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

RPG Concentration with a point: about 70 holdings drawn from the S&P 500, so the growth tilt shows up in the portfolio instead of washing out.
The contract is plain: at least 90% of total assets in the index's members. No manager discretion, no drifting into whatever is hot this quarter.
Live since 2006, a multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part. Pays quarterly.

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

RPG 0.35% a year sits well above the growth-ETF norm. Broad index rivals like VUG (0.03%) and SCHG (0.04%) charge a sliver of that for the wider growth sleeve.
A 70-stock style sleeve moves in bigger steps than the full index, and it has been among the more volatile funds in its growth peer group.
In a crowded growth category, fee and volatility leave it behind the cheap index giants that anchor the group's top tier.

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 RPG profile⁠

Full SCHG profile⁠

RPG vs SCHG Holdings

How RPG and SCHG differ

Overlap by weight

24.5%

Shared holdings make up 69.6% of RPG and 55.6% of SCHG.

Level by level

Holdings45 in both24.5%
Sector11 Sectors85.6%
Countryby domicile99.3%
Asset classEquity100%

Sector

Sector weights in RPG and SCHG, widest gap first
Sector	More in RPGMore in SCHG	RPG	SCHG
Industrials	RPG +8.6 points	15.6%	7.0%
Communication	SCHG +7.0 points	6.7%	13.7%
Technology	SCHG +6.7 points	47.6%	54.3%
Consumer Discretionary	RPG +3.6 points	13.7%	10.1%
Real Estate	RPG +0.7 points	1.0%	0.3%
Energy	SCHG +0.7 points	0.0%	0.7%
Utilities	RPG +0.5 points	0.9%	0.4%
Materials	RPG +0.5 points	1.4%	0.9%
Financials	RPG +0.4 points	5.4%	5.0%
Consumer Staples	SCHG +0.1 points	1.0%	1.1%
Health Care	Same weight	6.6%	6.6%

Country, concentration and asset class

Country by domicile

Country weights in RPG and SCHG, widest gap first
Country	More in RPGMore in SCHG	RPG	SCHG
Mexico	RPG +0.7 points	0.7%	0.0%
Other countries (2)	SCHG +0.7 points	99.3%	100.0%

Concentration

Weight in the 10 largest Holdings

RPG29.5%
SCHG59.9%

Securities held

RPG70
SCHG187

Asset class

RPG: Equity
SCHG: Equity

Holdings

Only in RPG25
In both45
Only in SCHG142

Only in RPG

25 securities, 30.4% of RPG by weight

Berkshire Hathaway Inc2.30%
Amphenol Corp2.09%
Everpure Inc1.77%
Incyte Corp1.71%
Lam Research Corp1.54%
HCA Healthcare Inc1.51%
EchoStar Corp1.49%
Bloom Energy Corp1.47%
Ralph Lauren Corp1.45%
Newmont Corp1.43%
RTX Corp1.34%
Expedia Group Inc1.31%
Twilio Inc1.24%
Tapestry Inc1.18%
Monster Beverage Corp1.17%
First Solar Inc1.09%
Welltower Inc1.09%
VeriSign Inc1.00%
Wynn Resorts Ltd0.99%
Las Vegas Sands Corp0.83%
O'Reilly Automotive Inc0.72%
Flex Ltd0.66%
Netflix Inc0.53%
Rollins Inc0.42%
Invesco Government & Agency Portfolio0.03%

Only in SCHG

142 securities, 44.4% of SCHG by weight

Apple11.92%
Amazon Com Inc5.60%
Tesla Inc3.09%
Visa Class A1.90%
Mastercard Class A1.40%
Costco Wholesale Corp1.20%
UnitedHealth Group1.00%
Ge Aerospace0.88%
Palo Alto Networks0.84%
Thermo Fisher Scientific0.71%
Linde PLC0.63%
Walt Disney0.52%
BlackRock0.46%
Deere0.45%
Seagate Technology Holdings PLC0.43%
Eaton PLC0.41%
Western Digital Corp0.39%
S&P Global0.38%
Vertex Pharmaceuticals0.37%
Boeing0.37%
Parker-Hannifin0.32%
Snowflake0.31%
Mckesson Corp0.31%
Servicenow0.31%
Phillips0.30%
Equinix Reit0.28%
Cloudflare Class A0.27%
Trane Technologies PLC0.26%
Cadence Design Systems0.26%
Synopsys0.26%
Intuit0.25%
Constellation Energy Corp0.24%
Fortinet0.23%
Regeneron Pharmaceuticals0.22%
Sherwin Williams0.21%
United Rentals0.20%
Moodys0.20%
Airbnb Class A0.19%
Targa Resources0.18%
Kkr and Co Inc0.18%
Te Connectivity PLC0.18%
Natera0.17%
Ww Grainger Inc0.16%
Apollo Global Management0.15%
Baker Hughes Class A0.15%
Autozone0.14%
Autodesk0.14%
Humana0.14%
Carvana Class A0.13%
Delta Air Lines0.13%

Weight gaps

All 45 Holdings in both funds, largest gap first.

Holding weights in RPG and SCHG, widest gap first
Holding	More in RPGMore in SCHG	RPG	SCHG
NVIDIA CorpNVDA	SCHG +10.45 points	1.65%	12.10%
Microsoft CorpMSFT	SCHG +8.42 points	0.79%	9.21%
Sandisk CorpSNDK	RPG +6.18 points	6.71%	0.53%
Alphabet IncGOOGL	SCHG +3.17 points	0.73%	3.90%
Broadcom IncAVGO	SCHG +2.85 points	1.35%	4.20%
Meta Platforms IncMETA	SCHG +2.67 points	1.07%	3.74%
Crowdstrike Holdings IncCRWD	RPG +2.59 points	3.31%	0.72%
Alphabet IncGOOG	SCHG +2.56 points	0.58%	3.14%
Comfort Systems USA IncFIX	RPG +2.35 points	2.48%	0.13%
Monolithic Power Systems IncMPWR	RPG +1.81 points	1.97%	0.16%
Interactive Brokers Group IncIBKR	RPG +1.74 points	1.84%	0.10%
Ciena CorpCIEN	RPG +1.70 points	1.83%	0.13%
Datadog IncDDOG	RPG +1.48 points	1.72%	0.24%
Howmet Aerospace IncHWM	RPG +1.44 points	1.66%	0.22%
Vertiv Holdings CoVRT	RPG +1.43 points	1.69%	0.26%
Quanta Services IncPWR	RPG +1.42 points	1.68%	0.26%
Arista Networks IncANET	RPG +1.42 points	1.94%	0.52%
TKO Group Holdings IncTKO	RPG +1.36 points	1.39%	0.03%
Carnival Corp LtdCCL	RPG +1.33 points	1.43%	0.10%
KLA CorpKLAC	RPG +1.29 points	1.88%	0.59%
Lumentum Holdings IncLITE	RPG +1.26 points	1.48%	0.22%
EMCOR Group IncEME	RPG +1.24 points	1.32%	0.08%
Royal Caribbean Cruises LtdRCL	RPG +1.19 points	1.40%	0.21%
Robinhood Markets IncHOOD	RPG +1.10 points	1.30%	0.20%
Hilton Worldwide Holdings IncHLT	RPG +1.06 points	1.28%	0.22%
Ulta Beauty IncULTA	RPG +1.01 points	1.09%	0.08%
Marriott International Inc/MDMAR	RPG +0.98 points	1.21%	0.23%
Coherent CorpCOHR	RPG +0.92 points	1.05%	0.13%
Eli Lilly & CoLLY	SCHG +0.91 points	2.07%	2.98%
Micron Technology IncMU	RPG +0.89 points	3.75%	2.86%
IDEXX Laboratories IncIDXX	RPG +0.86 points	0.98%	0.12%
Vistra CorpVST	RPG +0.82 points	0.94%	0.12%
GE Vernova IncGEV	RPG +0.81 points	1.45%	0.64%
Palantir Technologies IncPLTR	RPG +0.75 points	1.98%	1.23%
DoorDash IncDASH	RPG +0.71 points	0.89%	0.18%
Insulet CorpPODD	RPG +0.63 points	0.66%	0.03%
TransDigm Group IncTDG	RPG +0.60 points	0.78%	0.18%
Uber Technologies IncUBER	RPG +0.57 points	0.93%	0.36%
AppLovin CorpAPP	RPG +0.50 points	0.69%	0.19%
Casey's General Stores IncCASY	RPG +0.46 points	0.53%	0.07%
Advanced Micro Devices IncAMD	RPG +0.34 points	2.85%	2.51%
Applied Materials IncAMAT	RPG +0.33 points	1.24%	0.91%
Booking Holdings IncBKNG	RPG +0.27 points	0.58%	0.31%
Intuitive Surgical IncISRG	RPG +0.16 points	0.59%	0.43%
Caterpillar IncCAT	RPG +0.12 points	0.93%	0.81%

All 70 RPG 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.

RPG vs SCHG Cost

Overpaying RPG vs SCHG

$6,277

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

RPG 0.35%
$7,126
SCHG 0.04%
$849

Amount$10,000

Years30 years

Cost over time

RPG 0.35%
SCHG 0.04%
Overpaying

Year by year

Year	RPG	SCHG	Overpaying
10	$634	$73	$561
20	$2,454	$288	$2,166
30	$7,126	$849	$6,277

Expense ratio

0.35%RPG
0.04%SCHG, cheaper

SCHG0.04%RPG0.35%

0.03%0.70%

Middle half of US Growth Index funds
Median 0.18%

SCHG 2nd cheapest of 35 funds

RPG 24th cheapest of 35 funds

RPG vs SCHG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): RPG 0.16%; SCHG 0.40%, better
Payout (12M): RPG $0.09; SCHG $0.14
Last payment: RPG $0.04; SCHG $0.04
Ex-dividend: RPG Sep 21, 2026; SCHG Sep 23, 2026
Paid on: RPG Sep 25, 2026; SCHG Sep 28, 2026
Frequency: RPG Quarterly; SCHG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

RPGQuarterly · 36 paymentsAll RPG payments⁠

SCHGQuarterly · 42 paymentsAll SCHG payments⁠

RPG vs SCHG Risk

Fall from peak · 5 years

RPG
SCHG

Risk facts

VolatilityStd dev, 3 years: RPG 20.6%SCHG 16.5%, better
Return per unit of riskSharpe ratio, 3 years: RPG 0.87SCHG 1.16, better
Worst fallMax drawdown, 5 years: RPG −35.6%SCHG −34.6%, better
Market sensitivityBeta, 5 years: RPG 1.22SCHG 1.20; Market = 1

RPG and SCHG in the news

All news⁠

Best ETFs
The best growth ETF is the cheap one on the index you want
Updated Nov 2, 2026SCHG
Best ETFs
The cheap large-cap growth pick is the S&P 500 list
Updated Oct 2, 2026SCHG

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RPG vs SCHG

In short

Stated mandate

Why people hold it

Worth knowing

How RPG and SCHG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in RPG

Only in SCHG

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

The best growth ETF is the cheap one on the index you want

The cheap large-cap growth pick is the S&P 500 list

How RPG and SCHG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in RPG

Only in SCHG

Weight gaps