RPV vs SCHV: Grades, Fees and Holdings Compared

Invesco S&P 500 Pure Value ETF

RPVBNYSE Arca

Schwab U.S. Large-Cap Value ETF

SCHVANYSE Arca

Overlap

15.7%by weight

Expense ratio

SCHV −0.31pt a year

RPV0.35%SCHV0.04%

Avg volume · 30D

SCHV 17.6×the volume

RPV181KSCHV3.19M

10Y return · a year

SCHV +0.2pt

RPV+11.1%SCHV+11.3%

RPV vs SCHV Performance

Nov 9, 2021 – Nov 9, 2026

+69.6%RPV+61.1%SCHV

Expense ratio: RPV 0.35%; SCHV 0.04%, better
Fund size: RPV $1.81B; SCHV $15.4B
1Y total return: RPV +25.5%, better; SCHV +22.1%
Yield (12M): RPV 2.07%, better; SCHV 1.81%
Holdings: RPV 121; SCHV 567
Avg volume (30D): RPV 181K sh; SCHV 3.19M sh, better
NAV per share: RPV $120.24; SCHV $33.95
52W range

ETF.net Grade

Pillar letters and Scores for RPV, SCHV, with each pillar’s weight
Pillar	RPV	SCHV
Cost30% weight	D28	A96Higher
Mission25% weight	A79	A89Higher
Risk15% weight	B65	A70Higher
Tradability15% weight	A78	A95Higher
Holdings10% weight	C50	B59Higher
Durability5% weight	A70Higher	B68

Rank among US Value Index funds

How we build Categories ›

Same Category. RPV 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 RPV 21st of 40 funds in the US Value Index Category.

Rank 1ASCHVSchwab U.S. Large-Cap Value ETFScore 85
Rank 2AVTVVanguard Morningstar Value ETFScore 82
Rank 18BSTXVStrive 1000 Value ETFScore 59
Rank 21BRPVInvesco S&P 500 Pure Value ETFScore 58
Rank 22BRAUSRACWI US ETFScore 57

Our read on each fund

ETF.net Research

RPVBInvesco S&P 500 Pure Value ETF

SCHVASchwab U.S. Large-Cap Value ETF

In short

RPV Most value funds hold anything that isn't growth. RPV takes only the deepest-value slice of the S&P 500, about 120 names, weighted by how cheap they screen rather than how big they are.

SCHV No data

Stated mandate

RPV The fund is based on the S&P 500 Pure Value Index and invests at least 90% of total assets in securities comprising that index.

SCHV No data

Why people hold it

RPV Stocks are sorted on value and growth metrics both, so blend names wash out and only the strongest value scores reach the index.spglobal.com
Weights follow style attractiveness, not market cap, so the biggest company in the basket isn't automatically the biggest position.spglobal.com
Running since 2006, with at least 90% of assets held in its index securities. What's on the tin is what sits in the portfolio.

SCHV No data

Worth knowing

RPV At 0.35% it runs well above the category median of 0.18%, and broad value peers like VTV (0.03%) and IUSV (0.04%) charge a sliver of that.
About 120 names, with sector weights falling out of the screen rather than being targeted. The fund can lean hard on whatever corner of the market screens cheapest.spglobal.com
Deep value means owning the companies the market has marked down, so the ride can look nothing like a cap-weighted value fund's.spglobal.com

SCHV No data

Full RPV profile⁠

Full SCHV profile⁠

RPV vs SCHV Holdings

How RPV and SCHV differ

Overlap by weight

15.7%

Shared holdings make up 84.0% of RPV and 19.4% of SCHV.

Level by level

Holdings101 in both15.7%
Sector11 Sectors77.9%
Countryby domicile98.0%
Asset classStocks100%

Sector

Sector weights in RPV and SCHV, widest gap first
Sector	Gap	RPV	SCHV
Technology	SCHV +11.9 points	3.6%	15.5%
Materials	RPV +5.3 points	7.9%	2.6%
Health Care	RPV +4.9 points	19.4%	14.5%
Industrials	SCHV +4.6 points	6.8%	11.4%
Consumer Discretionary	RPV +4.1 points	10.7%	6.6%
Energy	RPV +3.5 points	11.6%	8.1%
Consumer Staples	RPV +2.9 points	12.2%	9.3%
Real Estate	SCHV +2.6 points	1.4%	4.0%
Financials	SCHV +2.3 points	18.4%	20.7%
Communication	RPV +1.6 points	4.6%	3.0%
Utilities	SCHV +0.5 points	3.6%	4.1%

Country, concentration and asset class

Country by domicile

Country weights in RPV and SCHV, widest gap first
Country	Gap	RPV	SCHV
United States	SCHV +1.6 points	97.3%	98.9%
Ireland	RPV +1.4 points	1.5%	0.1%
United Kingdom	RPV +0.5 points	0.7%	0.2%
Other countries (3)	SCHV +0.3 points	0.5%	0.8%

Concentration

Weight in the 10 largest Holdings

RPV20.5%
SCHV19.9%

Securities held

RPV117
SCHV566

Asset class

RPV: Stocks
SCHV: Stocks

Holdings

Only in RPV16
In both101
Only in SCHV465

Only in RPV

16 securities, 15.9% of RPV by weight

Humana Inc2.59%
Phillips 661.87%
Everest Group Ltd1.68%
Elevance Health Inc1.67%
Mosaic Co/The1.59%
McKesson Corp1.20%
Delta Air Lines Inc0.92%
Skydance Corp0.68%
Diamondback Energy Inc0.67%
UnitedHealth Group Inc0.64%
Fiserv Inc0.57%
Block Inc0.50%
Ball Corp0.49%
Invesco Government & Agency Portfolio0.39%
Walt Disney Co/The0.38%
News Corp0.10%

Only in SCHV

465 securities, 80.6% of SCHV by weight

Berkshire Hathaway Inc Class B3.57%
JPMorgan Chase2.98%
Johnson & Johnson2.23%
Walmart1.88%
AbbVie1.73%
Procter & Gamble1.29%
Coca-Cola1.24%
Cisco Systems Inc1.24%
Merck & Co Inc1.21%
Home Depot1.15%
Philip Morris International1.03%
Intel Corporation Corp0.94%
Netflix0.89%
Rtx0.86%
Wells Fargo0.85%
Texas Instrument0.85%
Goldman Sachs Group0.85%
Lam Research0.84%
Amgen Inc0.83%
International Business Machines Co0.77%
Oracle0.76%
Morgan Stanley0.73%
Gilead Sciences0.69%
Mcdonalds Corp0.66%
Pepsico0.65%
Abbott Laboratories0.64%
Space Exploration Technologies Cor0.62%
Amphenol Corp Class A0.62%
Nextera Energy0.61%
Analog Devices0.59%
Qualcomm0.59%
Welltower0.59%
Salesforce0.59%
Union Pacific0.58%
American Express0.57%
Accenture PLC Class A0.53%
Tjx0.50%
Charles Schwab0.50%
Danaher0.48%
Progressive0.44%
Newmont0.43%
Altria Group Inc0.43%
Bristol Myers Squibb0.43%
Lowes Companies Inc0.42%
Medtronic PLC0.42%
Marvell Technology0.41%
Prologis Reit0.40%
Automatic Data Processing Inc0.40%
Starbucks Corp0.40%
Lockheed Martin0.39%

Weight gaps

The 100 widest of 101 Holdings in both funds.

Holding weights in RPV and SCHV, widest gap first
Holding	Gap	RPV	SCHV
Centene CorpCNC	RPV +2.73 points	2.85%	0.12%
Bunge Global SABG	RPV +1.91 points	1.96%	0.05%
Dow IncDOW	RPV +1.89 points	1.97%	0.08%
Archer-Daniels-Midland CoADM	RPV +1.84 points	1.95%	0.11%
ExxonMobil Holdings CorpXOM	SCHV +1.79 points	0.50%	2.29%
Target CorpTGT	RPV +1.70 points	1.94%	0.24%
Tyson Foods IncTSN	RPV +1.60 points	1.66%	0.06%
General Motors CoGM	RPV +1.59 points	1.84%	0.25%
Ford Motor CoF	RPV +1.56 points	1.72%	0.16%
Valero Energy CorpVLO	RPV +1.50 points	1.83%	0.33%
LyondellBasell Industries NVLYB	RPV +1.50 points	1.55%	0.05%
Cigna Group/TheCI	RPV +1.44 points	1.70%	0.26%
Smurfit Westrock PLCSW	RPV +1.44 points	1.52%	0.08%
Stanley Black & Decker IncSWK	RPV +1.41 points	1.47%	0.06%
DuPont de Nemours IncDD	RPV +1.39 points	1.46%	0.07%
Hewlett Packard Enterprise CoHPE	RPV +1.36 points	1.56%	0.20%
Marathon Petroleum CorpMPC	RPV +1.34 points	1.69%	0.35%
Viatris IncVTRS	RPV +1.32 points	1.40%	0.08%
CVS Health CorpCVS	RPV +1.31 points	1.67%	0.36%
Franklin Templeton IncBEN	RPV +1.22 points	1.25%	0.03%
Global Payments IncGPN	RPV +1.21 points	1.28%	0.07%
APA CorpAPA	RPV +1.17 points	1.22%	0.05%
Kroger Co/TheKR	RPV +1.14 points	1.27%	0.13%
Best Buy Co IncBBY	RPV +1.07 points	1.14%	0.07%
Cardinal Health IncCAH	RPV +1.04 points	1.25%	0.21%
Prudential Financial IncPRU	RPV +0.99 points	1.13%	0.14%
Kraft Heinz Co/TheKHC	RPV +0.95 points	1.02%	0.07%
Baxter International IncBAX	RPV +0.93 points	0.97%	0.04%
Alexandria Real Estate Equities IncARE	RPV +0.89 points	0.91%	0.02%
Chevron CorpCVX	SCHV +0.77 points	0.64%	1.41%
MetLife IncMET	RPV +0.76 points	0.94%	0.18%
Bank of America CorpBAC	SCHV +0.76 points	0.32%	1.08%
Invesco LtdIVZ	RPV +0.75 points	0.79%	0.04%
United Airlines Holdings IncUAL	RPV +0.75 points	0.87%	0.12%
HP IncHPQ	RPV +0.72 points	0.81%	0.09%
Comcast CorpCMCSA	RPV +0.71 points	1.00%	0.29%
Assurant IncAIZ	RPV +0.71 points	0.76%	0.05%
Loews CorpL	RPV +0.71 points	0.77%	0.06%
International Paper CoIP	RPV +0.71 points	0.77%	0.06%
Cencora IncCOR	RPV +0.69 points	0.90%	0.21%
Citizens Financial Group IncCFG	RPV +0.65 points	0.74%	0.09%
American International Group IncAIG	RPV +0.63 points	0.77%	0.14%
Principal Financial Group IncPFG	RPV +0.62 points	0.69%	0.07%
Amcor PLCAMCR	RPV +0.61 points	0.68%	0.07%
Dollar General CorpDG	RPV +0.61 points	0.71%	0.10%
Henry Schein IncHSIC	RPV +0.60 points	0.63%	0.03%
Southwest Airlines CoLUV	RPV +0.57 points	0.64%	0.07%
Charter Communications IncCHTR	RPV +0.57 points	0.61%	0.04%
Edison InternationalEIX	RPV +0.56 points	0.64%	0.08%
International Flavors & Fragrances IncIFF	RPV +0.56 points	0.63%	0.07%
Sysco CorpSYY	RPV +0.54 points	0.66%	0.12%
Hormel Foods CorpHRL	RPV +0.53 points	0.55%	0.02%
AES Corp/TheAES	RPV +0.52 points	0.56%	0.04%
Nucor CorpNUE	RPV +0.52 points	0.71%	0.19%
PG&E CorpPCG	RPV +0.52 points	0.62%	0.10%
Allstate Corp/TheALL	RPV +0.52 points	0.74%	0.22%
M&T Bank CorpMTB	RPV +0.51 points	0.62%	0.11%
Occidental Petroleum CorpOXY	RPV +0.50 points	0.64%	0.14%
Truist Financial CorpTFC	RPV +0.48 points	0.68%	0.20%
MGM Resorts InternationalMGM	RPV +0.47 points	0.49%	0.02%
Lennar CorpLEN	RPV +0.45 points	0.51%	0.06%
Arch Capital Group LtdACGL	RPV +0.45 points	0.57%	0.12%
Pinnacle West Capital CorpPNW	RPV +0.45 points	0.48%	0.04%
KeyCorpKEY	RPV +0.45 points	0.51%	0.06%
Devon Energy CorpDVN	RPV +0.44 points	0.60%	0.16%
Universal Health Services IncUHS	RPV +0.45 points	0.48%	0.03%
State Street CorpSTT	RPV +0.42 points	0.57%	0.15%
Textron IncTXT	RPV +0.42 points	0.47%	0.05%
FedEx CorpFDX	RPV +0.41 points	0.64%	0.23%
Regions Financial CorpRF	RPV +0.42 points	0.49%	0.08%
Omnicom Group IncOMC	RPV +0.41 points	0.49%	0.08%
Biogen IncBIIB	RPV +0.41 points	0.53%	0.12%
Halliburton CoHAL	RPV +0.40 points	0.49%	0.09%
VICI Properties IncVICI	RPV +0.36 points	0.45%	0.09%
Huntington Bancshares Inc/OHHBAN	RPV +0.36 points	0.46%	0.10%
Consolidated Edison IncED	RPV +0.35 points	0.50%	0.15%
PulteGroup IncPHM	RPV +0.34 points	0.42%	0.08%
Zimmer Biomet Holdings IncZBH	RPV +0.33 points	0.40%	0.07%
Eversource EnergyES	RPV +0.32 points	0.41%	0.09%
Genuine Parts CoGPC	RPV +0.32 points	0.38%	0.06%
Huntington Ingalls Industries IncHII	RPV +0.29 points	0.33%	0.04%
Keurig Dr Pepper IncKDP	RPV +0.28 points	0.45%	0.17%
Travelers Cos Inc/TheTRV	RPV +0.27 points	0.55%	0.28%
Hartford Insurance Group Inc/TheHIG	RPV +0.26 points	0.38%	0.12%
Aptiv PLCAPTV	RPV +0.25 points	0.28%	0.03%
DR Horton IncDHI	RPV +0.25 points	0.38%	0.13%
ONEOK IncOKE	RPV +0.23 points	0.41%	0.18%
News CorpNWSA	RPV +0.22 points	0.26%	0.04%
Fifth Third BancorpFITB	RPV +0.22 points	0.38%	0.16%
Exelon CorpEXC	RPV +0.21 points	0.37%	0.16%
US BancorpUSB	RPV +0.19 points	0.50%	0.31%
SLB LtdSLB	RPV +0.17 points	0.42%	0.25%
Pfizer IncPFE	SCHV +0.15 points	0.41%	0.56%
Citigroup IncC	RPV +0.13 points	0.80%	0.67%
PNC Financial Services Group Inc/ThePNC	RPV +0.12 points	0.42%	0.30%
Capital One Financial CorpCOF	SCHV +0.12 points	0.30%	0.42%
AT&T IncT	SCHV +0.08 points	0.42%	0.50%
Fedex Freight Holding Co IncFDXF	RPV +0.08 points	0.13%	0.05%
Chubb LtdCB	RPV +0.06 points	0.49%	0.43%
Verizon Communications IncVZ	SCHV +0.02 points	0.62%	0.64%

All 118 RPV holdings⁠All 569 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.

RPV vs SCHV Cost

Overpaying RPV vs SCHV

$6,277

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

RPV 0.35%
$7,126
SCHV 0.04%
$849

Amount$10,000

Years30 years

Cost over time

RPV 0.35%
SCHV 0.04%
Overpaying

Year by year

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

Expense ratio

0.35%RPV
0.04%SCHV, cheaper

SCHV0.04%RPV0.35%

0.03%0.80%

Middle half of US Value Index funds
Median 0.20%

SCHV 3rd cheapest of 40 funds

RPV 28th cheapest of 40 funds

RPV vs SCHV Dividends

Last 12 months to Nov 9, 2026

Yield (12M): RPV 2.07%, better; SCHV 1.81%
Payout (12M): RPV $2.53; SCHV $0.63
Last payment: RPV $0.63; SCHV $0.16
Ex-dividend: RPV Sep 21, 2026; SCHV Sep 23, 2026
Paid on: RPV Sep 25, 2026; SCHV Sep 28, 2026
Frequency: RPV Quarterly; SCHV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

RPVQuarterly · 39 paymentsAll RPV payments⁠

SCHVQuarterly · 40 paymentsAll SCHV payments⁠

RPV vs SCHV Risk

Fall from peak · 5 years

RPV
SCHV

Risk facts

VolatilityStd dev, 3 years: RPV 13.9%SCHV 11.9%, better
Return per unit of riskSharpe ratio, 3 years: RPV 1.28SCHV 1.31, better
Worst fallMax drawdown, 5 years: RPV −22.6%SCHV −19.8%, better
Market sensitivityBeta, 5 years: RPV 0.75SCHV 0.83; Market = 1

RPV and SCHV in the news

All news⁠

Best ETFs
Best large-cap value ETFs: Vanguard’s VTV at 0.03%, or VONV for the Russell 1000 Value
Updated Nov 3, 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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RPV vs SCHV

In short

Stated mandate

Why people hold it

Worth knowing

How RPV and SCHV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in RPV

Only in SCHV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Best large-cap value ETFs: Vanguard’s VTV at 0.03%, or VONV for the Russell 1000 Value

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

How RPV and SCHV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in RPV

Only in SCHV

Weight gaps