SCHA vs TSCV: Grades, Fees and Holdings Compared

Schwab U.S. Small-Cap ETF

SCHAANYSE Arca

Thrivent Small Cap Value ETF

TSCVDNYSE Arca

Overlap

5.1%by weight

Expense ratio

SCHA −0.57pt a year

SCHA0.03%TSCV0.60%

Avg volume · 30D

SCHA 875.7×the volume

SCHA3.06MTSCV3.5K

SCHA vs TSCV Performance

Dec 31, 2025 – Oct 30, 2026

+16.7%SCHA+17.0%TSCV

Expense ratio: SCHA 0.03%, better; TSCV 0.60%
Fund size: SCHA $22B; TSCV $182M
1Y total return: SCHA +18.9%; TSCV No data
Yield (12M): SCHA 1.12%; TSCV No data
Holdings: SCHA 1743; TSCV 60
Avg volume (30D): SCHA 3.06M sh, better; TSCV 3.5K sh
NAV per share: SCHA $33.00; TSCV $31.12
52W range

ETF.net Grade

Pillar letters and Scores for SCHA, TSCV, with each pillar’s weight
Pillar	SCHA	TSCV
Cost30% weight	A91Higher	F6
Mission25% weight	A95Higher	A90
Risk15% weight	C40	B63Higher
Tradability15% weight	A86Higher	F16
Holdings10% weight	A81Higher	F24
Durability5% weight	A77Higher	F14

Rank among US Small-Cap funds

How we build Categories ›

Same Category. SCHA and TSCV are both graded against the same 16 US Small-Cap funds, so their Grades compare head to head.

US Small-Cap⁠

Category · 16 funds

See all 16 ›

SCHA ranks 1st and TSCV 15th of 16 funds in the US Small-Cap Category.

Rank 1ASCHASchwab U.S. Small-Cap ETFScore 81
Rank 2AVBVanguard Morningstar Small-Cap ETFScore 77
Rank 14CIWCiShares Micro-Cap ETFScore 40
Rank 15DTSCVThrivent Small Cap Value ETFScore 39
Rank 16DQQQSInvesco NASDAQ Future Gen 200 ETFScore 36

Our read on each fund

ETF.net Research

SCHAASchwab U.S. Small-Cap ETF

TSCVDThrivent Small Cap Value ETF

In short

SCHA Schwab's small-cap workhorse: three basis points, roughly 1,700 companies, and a mandate to hold the slice of the US market that sits below the large and mid caps. Running since 2009.

TSCV No data

Stated mandate

SCHA The fund seeks to closely track, before fees and expenses, the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. It generally invests in that index’s small-cap stocks and normally places at least 90% of net assets in them.

TSCV No data

Why people hold it

SCHA At 0.03% a year, it is tied for the cheapest fund in its small-cap peer group and a fraction of the 0.25% category median. The fee is the one variable you know in advance.
Roughly 1,700 stocks, weighted by size. That is the whole small-cap tail rather than a curated shortlist, and no single name gets to steer the portfolio.
The contract is plain: at least 90% of net assets in the Dow Jones U.S. Small-Cap Total Stock Market Index, and it has tracked that benchmark closely.
Sixteen years old, multi-billion-dollar, actively traded, and pays quarterly. One of the sturdier implementations among the broad small-cap index funds we cover.

TSCV No data

Worth knowing

SCHA Small caps move harder than large caps in both directions. This fund takes the full ride with no hedge, buffer, or volatility damper in the design.
The index sorts by size, not quality. Unprofitable and lightly covered companies come along with everything else, since no earnings screen sits in front of the portfolio.
It follows a Dow Jones small-cap index, not the Russell 2000 that IWM and VTWO track, so its returns and headlines about that benchmark will not line up exactly.

TSCV No data

Full SCHA profile⁠

Full TSCV profile⁠

SCHA vs TSCV Holdings

How SCHA and TSCV differ

Overlap by weight

5.1%

Shared holdings make up 71.3% of TSCV and 5.1% of SCHA.

Level by level

Holdings41 in both5.1%
Sector11 Sectors79.1%
Countryby domicile98.3%
Asset classEquity100%

Sector

Sector weights in SCHA and TSCV, widest gap first
Sector	More in SCHAMore in TSCV	SCHA	TSCV
Health Care	SCHA +10.5 points	17.0%	6.5%
Technology	SCHA +6.2 points	15.5%	9.3%
Industrials	TSCV +5.6 points	14.1%	19.7%
Financials	TSCV +4.4 points	17.2%	21.6%
Materials	TSCV +3.4 points	4.2%	7.6%
Consumer Discretionary	TSCV +3.0 points	11.1%	14.1%
Communication	SCHA +2.9 points	2.9%	0.0%
Consumer Staples	TSCV +2.2 points	3.0%	5.3%
Utilities	TSCV +1.5 points	2.5%	4.0%
Real Estate	SCHA +1.4 points	7.0%	5.6%
Energy	TSCV +0.7 points	5.7%	6.4%

Country, concentration and asset class

Country by domicile

Country weights in SCHA and TSCV, widest gap first
Country	More in SCHAMore in TSCV	SCHA	TSCV
Canada	TSCV +1.7 points	0.1%	1.8%
United States	SCHA +0.7 points	98.9%	98.2%
Other countries (11)	SCHA +1.0 points	1.0%	0.0%

Concentration

Weight in the 10 largest Holdings

SCHA2.9%
TSCV23.5%

Securities held

SCHA1,743
TSCV60

Asset class

SCHA: Equity
TSCV: Equity

Holdings

Only in SCHA1,702
In both41
Only in TSCV19

Only in SCHA

1,702 securities, 94.9% of SCHA by weight

Halozyme Therapeutics0.35%
Glaukos0.34%
Wayfair Class A0.33%
Bitmine Immersion Technologies0.31%
American Healthcare Reit0.27%
Twist Bioscience0.27%
Ensign Group0.26%
Ryder System0.26%
Viasat Inc0.25%
Affiliated Managers Group0.25%
Littelfuse0.24%
Flowserve0.24%
Popular0.24%
New York Times Class A0.24%
Solstice Advanced Materials Inc0.24%
Rambus0.23%
10X Genomics Class A0.23%
Hecla Mining0.23%
Watts Water Technologies Class A0.23%
Brinker International Inc0.22%
Sm Energy0.22%
Protagonist Therapeutics0.22%
Sanmina0.22%
Ryman Hospitality Properties Reit0.22%
Viper Energy Inc Class A0.22%
Allison Transmission Holdings0.22%
Kymera Therapeutics0.21%
Brixmor Property Group Reit Inc0.21%
Cytokinetics0.21%
Columbia Banking System Inc0.21%
Primerica0.21%
Prosperity Bancshares0.21%
Darling Ingredients0.21%
Sentinelone Inc Class A0.21%
Krystal Biotech0.20%
Interdigital Inc0.20%
Life Time Group Holdings0.20%
Vaxcyte0.20%
Madrigal Pharmaceuticals0.20%
Caretrust Reit0.20%
Gitlab Class A0.20%
Arrowhead Pharmaceuticals0.20%
Healthequity0.20%
Jackson Financial Class A0.20%
Chord Energy0.20%
Agree Realty Reit0.20%
Spx Technologies Inc0.20%
Oshkosh Corp0.20%
Valmont Inds0.20%
Idacorp0.20%

Only in TSCV

19 securities, 29.5% of TSCV by weight

Sharkninja Inc Common Stock USD.00012.58%
Ssc Government Mm Gvmxx2.20%
State Street Spdr S+p Software Ss Spdr S+p Soft & Serv Etf2.06%
Old Republic Intl Corp Common Stock USD1.01.92%
Climb Global Solutions Inc Common Stock USD.011.89%
Methanex Corp Common Stock1.83%
Primo Brands Corp Common Stock USD.011.75%
Aptargroup Inc Common Stock USD.011.73%
Murphy Usa Inc Common Stock USD.011.73%
Constellium SE Common Stock EUR.021.55%
Agco Corp Common Stock USD.011.49%
Ally Financial Inc Common Stock USD.011.49%
Bj’s Wholesale Club Holdings Common Stock USD.011.41%
State Street Spdr S+p Biotech Ss Spdr S+p Biotech Etf1.22%
Wynn Resorts Ltd Common Stock USD.011.19%
Moog Inc Class A Common Stock USD1.01.01%
Mks Inc Common Stock0.99%
Ttm Technologies Common Stock USD.0010.88%
Encompass Health Corp Common Stock USD.010.62%

Weight gaps

All 41 Holdings in both funds, largest gap first.

Holding weights in SCHA and TSCV, widest gap first
Holding	More in SCHAMore in TSCV	SCHA	TSCV
Valley NationalVLY	TSCV +2.39 points	0.16%	2.55%
Dime Commercial BancsharesDCOM	TSCV +2.38 points	0.04%	2.42%
Crane NxtCXT	TSCV +2.23 points	0.07%	2.30%
Matador ResourcesMTDR	TSCV +2.21 points	0.17%	2.38%
Korn FerryKFY	TSCV +2.19 points	0.09%	2.28%
Old National BancorpONB	TSCV +2.16 points	0.20%	2.36%
Hayward HoldingsHAYW	TSCV +2.09 points	0.08%	2.17%
Herc HoldingsHRI	TSCV +2.06 points	0.13%	2.19%
Umb FinancialUMBF	TSCV +2.01 points	0.23%	2.24%
Signet JewelersSIG	TSCV +1.99 points	0.11%	2.10%
Southstate Bank CorpSSB	TSCV +2.00 points	0.24%	2.24%
Gulfport EnergyGPOR	TSCV +1.98 points	0.06%	2.04%
Levi Strauss Class ALEVI	TSCV +1.96 points	0.05%	2.01%
Black Hills CorpBKH	TSCV +1.87 points	0.15%	2.02%
Atlantic Union BanksharesAUB	TSCV +1.88 points	0.13%	2.01%
AshlandASH	TSCV +1.84 points	0.08%	1.92%
Advance Auto Parts IncAAP	TSCV +1.83 points	0.07%	1.90%
Cushman and Wakefield LtdCWK	TSCV +1.82 points	0.07%	1.89%
Gates Industrial PLCGTES	TSCV +1.77 points	0.16%	1.93%
Spire IncSR	TSCV +1.77 points	0.12%	1.89%
Wintrust FinancialWTFC	TSCV +1.73 points	0.25%	1.98%
Essent GroupESNT	TSCV +1.68 points	0.14%	1.82%
TerexTEX	TSCV +1.66 points	0.15%	1.81%
Patterson Uti Energy IncPTEN	TSCV +1.66 points	0.11%	1.77%
RogersROG	TSCV +1.60 points	0.06%	1.66%
BrukerBRKR	TSCV +1.59 points	0.16%	1.75%
Parsons CorpPSN	TSCV +1.50 points	0.07%	1.57%
Cal Maine FoodsCALM	TSCV +1.46 points	0.07%	1.53%
Element Solutions IncESI	TSCV +1.35 points	0.19%	1.54%
First Industrial Realty TrustFR	TSCV +1.34 points	0.17%	1.51%
TimkenTKR	TSCV +1.28 points	0.17%	1.45%
Globus Medical Class AGMED	TSCV +1.22 points	0.22%	1.44%
Msa Safety IncMSA	TSCV +1.20 points	0.15%	1.35%
Greif Inc Class AGEF	TSCV +1.19 points	0.06%	1.25%
Asbury Automotive Group IncABG	TSCV +1.05 points	0.09%	1.14%
Bel Fuse Class BBELFB	TSCV +1.05 points	0.08%	1.13%
AarAIR	TSCV +0.93 points	0.10%	1.03%
Meritage CorpMTH	TSCV +0.92 points	0.10%	1.02%
Grand Canyon Education IncLOPE	TSCV +0.70 points	0.09%	0.79%
Brightspring Health Services IncBTSG	TSCV +0.36 points	0.24%	0.60%
ArdelyxARDX	TSCV +0.34 points	0.02%	0.36%

All 1,748 SCHA holdings⁠All 58 TSCV 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.

SCHA vs TSCV Cost

Overpaying TSCV vs SCHA

$11,179

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

SCHA 0.03%
$638
TSCV 0.60%
$11,817

Amount$10,000

Years30 years

Cost over time

SCHA 0.03%
TSCV 0.60%
Overpaying

Year by year

Year	SCHA	TSCV	Overpaying
10	$55	$1,076	$1,021
20	$216	$4,116	$3,900
30	$638	$11,817	$11,179

Expense ratio

0.03%SCHA, cheaper
0.60%TSCV

SCHA0.03%TSCV0.60%

0.03%0.60%

Middle half of US Small-Cap funds
Median 0.20%

SCHA cheapest of 16 funds

TSCV 14th cheapest of 16 funds

SCHA vs TSCV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): SCHA 1.12%; TSCV No data
Payout (12M): SCHA $0.37; TSCV No data
Last payment: SCHA $0.10; TSCV $0.08
Ex-dividend: SCHA Sep 23, 2026; TSCV Dec 23, 2025
Paid on: SCHA Sep 28, 2026; TSCV Dec 26, 2025
Frequency: SCHA Quarterly; TSCV Irregular

Distribution history

Per share, 2017 to 2026, same scale for both

SCHAQuarterly · 40 paymentsAll SCHA payments⁠

TSCVIrregular · 1 paymentAll TSCV payments⁠

SCHA vs TSCV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: SCHA 18.6%TSCV No data
Return per unit of riskSharpe ratio, 3 years: SCHA 0.88TSCV No data
Worst fallMax drawdown, 5 years: SCHA −30.8%TSCV No data
Market sensitivityBeta, 5 years: SCHA 1.12TSCV 0.98; Market = 1

SCHA and TSCV in the news

All news⁠

Best ETFs
Best small-cap ETFs: Vanguard’s VB beats three great funds all charging just 0.03%
Updated Nov 2, 2026SCHA
Best ETFs
Schwab and Vanguard charge the same 0.03%. Their small-cap funds are 3.7 percentage points apart
Updated Oct 2, 2026SCHA

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SCHA vs TSCV

In short

Stated mandate

Why people hold it

Worth knowing

How SCHA and TSCV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in SCHA

Only in TSCV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Best small-cap ETFs: Vanguard’s VB beats three great funds all charging just 0.03%

Schwab and Vanguard charge the same 0.03%. Their small-cap funds are 3.7 percentage points apart

How SCHA and TSCV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in SCHA

Only in TSCV

Weight gaps