RZV vs SCHV: Grades, Fees and Holdings Compared

Invesco S&P SmallCap 600 Pure Value ETF

RZVCNYSE Arca

Schwab U.S. Large-Cap Value ETF

SCHVANYSE Arca

Overlap

0.1%by weight

Expense ratio

SCHV −0.31pt a year

RZV0.35%SCHV0.04%

Avg volume · 30D

SCHV 480.6×the volume

RZV6.64KSCHV3.19M

10Y return · a year

SCHV +1.3pt

RZV+10.0%SCHV+11.3%

RZV vs SCHV Performance

Nov 9, 2021 – Nov 9, 2026

+48.9%RZV+61.1%SCHV

Expense ratio: RZV 0.35%; SCHV 0.04%, better
Fund size: RZV $278M; SCHV $15.4B
1Y total return: RZV +27.8%, better; SCHV +22.1%
Yield (12M): RZV 1.41%; SCHV 1.81%, better
Holdings: RZV 158; SCHV 567
Avg volume (30D): RZV 6.64K sh; SCHV 3.19M sh, better
NAV per share: RZV $140.93; SCHV $33.95
52W range

ETF.net Grade

Pillar letters and Scores for RZV, SCHV, with each pillar’s weight
Pillar	RZV	SCHV
Cost30% weight	D28	A96Higher
Mission25% weight	A84	A89Higher
Risk15% weight	F13	A70Higher
Tradability15% weight	D33	A95Higher
Holdings10% weight	B56	B59Higher
Durability5% weight	C50	B68Higher

Rank among US Value Index funds

How we build Categories ›

Same Category. RZV 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 RZV 34th 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 34CFYTFirst Trust Small Cap Value AlphaDEX FundScore 44
Rank 34CRZVInvesco S&P SmallCap 600 Pure Value ETFScore 44
Rank 36CVMAXHartford US Value ETFScore 40

Our read on each fund

ETF.net Research

RZVCInvesco S&P SmallCap 600 Pure Value ETF

SCHVASchwab U.S. Large-Cap Value ETF

In short

RZV Most S&P 600 value funds keep every stock with a whiff of value and weight it by size. RZV keeps only the deepest discounts and weights them by how cheap they are, not how big.

SCHV No data

Stated mandate

RZV The fund will invest at least 90% of its total assets in securities that comprise its Index.

SCHV No data

Why people hold it

RZV Screens the S&P SmallCap 600 for the strongest value scores on book value, earnings and sales versus price, then weights holdings by that score instead of market cap.spglobal.com invesco.com
A pure-style build: only parent-index names showing strong value traits get in, so the sleeve stays a value sleeve rather than a small-cap blend in disguise.spglobal.com
Running since 2006, through several full value cycles, and it has tracked its index closely along the way.

SCHV No data

Worth knowing

RZV Costs 0.35% a year, roughly double the median for S&P 600 index funds and more than the 0.15% SLYV charges for a broader value cut.
Trades far lighter than core S&P 600 giants like IJR and SPSM, so spreads can be wider, especially in fast markets.
Roughly 160 stocks, rebalanced once a year, leaning into the market's cheapest corners. Weights can drift between resets, and deep value is a narrow slice.invesco.com

SCHV No data

Full RZV profile⁠

Full SCHV profile⁠

RZV vs SCHV Holdings

How RZV and SCHV differ

Overlap by weight

0.1%

Shared holdings make up 4.2% of RZV and 0.1% of SCHV.

Level by level

Holdings6 in both0.1%
Sector11 Sectors70.8%
Countryby domicile98.9%
Asset classStocks100%

Sector

Sector weights in RZV and SCHV, widest gap first
Sector	Gap	RZV	SCHV
Consumer Discretionary	RZV +17.5 points	24.1%	6.6%
Financials	SCHV +12.7 points	8.0%	20.7%
Health Care	SCHV +7.5 points	7.0%	14.5%
Industrials	RZV +5.3 points	16.7%	11.4%
Technology	SCHV +4.7 points	10.8%	15.5%
Utilities	SCHV +3.9 points	0.2%	4.1%
Materials	RZV +3.9 points	6.5%	2.6%
Consumer Staples	RZV +2.3 points	11.6%	9.3%
Energy	RZV +0.4 points	8.5%	8.1%
Communication	SCHV +0.3 points	2.7%	3.0%
Real Estate	SCHV +0.1 points	3.9%	4.0%

Country, concentration and asset class

Country by domicile

Country weights in RZV and SCHV, widest gap first
Country	Gap	RZV	SCHV
Singapore	RZV +0.8 points	0.8%	0.0%
Switzerland	SCHV +0.6 points	0.0%	0.6%
Other countries (6)	SCHV +0.2 points	99.2%	99.4%

Concentration

Weight in the 10 largest Holdings

RZV17.8%
SCHV19.9%

Securities held

RZV157
SCHV566

Asset class

RZV: Stocks
SCHV: Stocks

Holdings

Only in RZV151
In both6
Only in SCHV560

Only in RZV

151 securities, 95.7% of RZV by weight

Acadia Healthcare Co Inc2.40%
MarineMax Inc2.11%
Coty Inc1.96%
Cracker Barrel Old Country Store Inc1.70%
ManpowerGroup Inc1.69%
Vestis Corp1.66%
Edgewell Personal Care Co1.65%
Concentrix Corp1.62%
Newell Brands Inc1.54%
Marriott Vacations Worldwide Corp1.49%
ArcBest Corp1.35%
Patterson-UTI Energy Inc1.25%
MillerKnoll Inc1.24%
Insight Enterprises Inc1.18%
AMN Healthcare Services Inc1.18%
Organon & Co1.14%
Stepan Co1.13%
Kohl's Corp1.12%
World Kinect Corp1.10%
Olin Corp1.10%
DXC Technology Co1.09%
SM Energy Co1.06%
RXO Inc1.06%
Grocery Outlet Holding Corp1.05%
Perrigo Co PLC1.05%
G-III Apparel Group Ltd1.00%
ScanSource Inc0.92%
Astrana Health Inc0.91%
Upbound Group Inc0.90%
Scholastic Corp0.90%
Kemper Corp0.89%
United Natural Foods Inc0.89%
Pebblebrook Hotel Trust0.88%
V2X Inc0.87%
Quanex Building Products Corp0.87%
Ichor Holdings Ltd0.87%
Crescent Energy Co0.86%
Koppers Holdings Inc0.86%
Genworth Financial Inc0.86%
Corsair Gaming Inc0.83%
Lincoln National Corp0.81%
ABM Industries Inc0.80%
Ziff Davis Inc0.79%
Century Communities Inc0.76%
Andersons Inc/The0.73%
Vishay Intertechnology Inc0.73%
Winnebago Industries Inc0.71%
Greenbrier Cos Inc/The0.71%
Deluxe Corp0.69%
Asbury Automotive Group Inc0.69%

Only in SCHV

560 securities, 99.8% of SCHV by weight

Berkshire Hathaway Inc Class B3.57%
JPMorgan Chase2.98%
Exxonmobil Holdings Corp2.29%
Johnson & Johnson2.23%
Walmart1.88%
AbbVie1.73%
Chevron1.41%
Procter & Gamble1.29%
Coca-Cola1.24%
Cisco Systems Inc1.24%
Merck & Co Inc1.21%
Home Depot1.15%
Bank of America1.08%
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%
Citigroup0.67%
Mcdonalds Corp0.66%
Pepsico0.65%
Abbott Laboratories0.64%
Verizon Communications Inc0.64%
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%
Pfizer0.56%
Conocophillips0.55%
Accenture PLC Class A0.53%
Tjx0.50%
Charles Schwab0.50%
AT&T0.50%
Danaher0.48%
Progressive0.44%
Chubb0.43%
Newmont0.43%

Weight gaps

All 6 Holdings in both funds, largest gap first.

Holding weights in RZV and SCHV, widest gap first
Holding	Gap	RZV	SCHV
CarMax IncKMX	RZV +1.18 points	1.20%	0.02%
Conagra Brands IncCAG	RZV +0.98 points	1.00%	0.02%
Mohawk Industries IncMHK	RZV +0.72 points	0.75%	0.03%
Molson Coors Beverage CoTAP	RZV +0.62 points	0.64%	0.02%
Builders FirstSource IncBLDR	RZV +0.31 points	0.33%	0.02%
Eastman Chemical CoEMN	RZV +0.28 points	0.31%	0.03%

All 157 RZV 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.

RZV vs SCHV Cost

Overpaying RZV vs SCHV

$6,277

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

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

Amount$10,000

Years30 years

Cost over time

RZV 0.35%
SCHV 0.04%
Overpaying

Year by year

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

Expense ratio

0.35%RZV
0.04%SCHV, cheaper

SCHV0.04%RZV0.35%

0.03%0.80%

Middle half of US Value Index funds
Median 0.20%

SCHV 3rd cheapest of 40 funds

RZV 28th cheapest of 40 funds

RZV vs SCHV Dividends

Last 12 months to Nov 9, 2026

Yield (12M): RZV 1.41%; SCHV 1.81%, better
Payout (12M): RZV $2.04; SCHV $0.63
Last payment: RZV $0.54; SCHV $0.16
Ex-dividend: RZV Sep 21, 2026; SCHV Sep 23, 2026
Paid on: RZV Sep 25, 2026; SCHV Sep 28, 2026
Frequency: RZV Quarterly; SCHV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

RZVQuarterly · 39 paymentsAll RZV payments⁠

SCHVQuarterly · 40 paymentsAll SCHV payments⁠

RZV vs SCHV Risk

Fall from peak · 5 years

RZV
SCHV

Risk facts

VolatilityStd dev, 3 years: RZV 22.3%SCHV 11.9%, better
Return per unit of riskSharpe ratio, 3 years: RZV 0.77SCHV 1.31, better
Worst fallMax drawdown, 5 years: RZV −29.8%SCHV −19.8%, better
Market sensitivityBeta, 5 years: RZV 1.14SCHV 0.83; Market = 1

RZV 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

Popular comparisons

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RZV vs SCHV

In short

Stated mandate

Why people hold it

Worth knowing

How RZV and SCHV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in RZV

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%