SCHG vs VOT: Grades, Fees and Holdings Compared

Schwab U.S. Large-Cap Growth ETF

SCHGANYSE Arca

Vanguard Morningstar Mid-Cap Growth ETF

VOTANYSE Arca

Overlap

7.6%by weight

Expense ratio

SCHG −0.01pt a year

SCHG0.04%VOT0.05%

Avg volume · 30D

SCHG 37.2×the volume

SCHG7.59MVOT204K

10Y return · a year

SCHG +6.9pt

SCHG+18.5%VOT+11.6%

SCHG vs VOT Performance

Oct 29, 2021 – Oct 30, 2026

+74.3%SCHG+15.5%VOT

Expense ratio: SCHG 0.04%, better; VOT 0.05%
Fund size: SCHG $61.7B; VOT $33.2B
1Y total return: SCHG +3.3%, better; VOT −1.2%
Yield (12M): SCHG 0.40%; VOT 0.62%, better
Holdings: SCHG 187; VOT 123
Avg volume (30D): SCHG 7.59M sh, better; VOT 204K sh
NAV per share: SCHG $34.31; VOT $286.95
52W range

ETF.net Grade

Pillar letters and Scores for SCHG, VOT, with each pillar’s weight
Pillar	SCHG	VOT
Cost30% weight	A96Higher	A78
Mission25% weight	A92	A97Higher
Risk15% weight	C41	C49Higher
Tradability15% weight	A87Higher	D39
Holdings10% weight	D36	A72Higher
Durability5% weight	A75	A79Higher

Rank among US Growth Index funds

How we build Categories ›

Same Category. SCHG and VOT 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 VOT 7th 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 6AVBKVanguard Morningstar Small-Cap Growth ETFScore 72
Rank 7AVOTVanguard Morningstar Mid-Cap Growth ETFScore 71
Rank 8ASFYSoFi Select 500 ETFScore 69

Our read on each fund

ETF.net Research

SCHGASchwab U.S. Large-Cap Growth ETF

VOTAVanguard Morningstar Mid-Cap Growth ETF

In short

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.

VOT Mid-caps are the market's forgotten middle: too big for small-cap funds, too small for the S&P 500. VOT buys the growth half of that gap for five basis points, a fraction of what the typical factor fund charges.

Stated mandate

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.

VOT The ETF is designed to follow the CRSP US Mid Cap Growth Index, a passive benchmark for U.S. mid-capitalization growth companies.

Why people hold it

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.

VOT 0.05% a year, against a 0.32% median for its peer group. Roughly one-sixth the going rate for a factor fund.
Live since 2006 and now a multi-tens-of-billions fund, it stands among the strongest overall packages in its peer group.
Its ETF shares are one class of Vanguard's underlying mid-cap growth index fund, so ETF and mutual fund holders sit on the same portfolio.sec.gov
Rules-based, not manager-picked: roughly 130 U.S. mid-cap growth names chosen by index, with no stock-picking discretion.vanguard.com

Worth knowing

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.

VOT Mid-cap growth is a bumpier ride. On measured volatility this sits among the more turbulent funds in its cohort.
Roughly 130 stocks, so the largest names carry real weight. This is one slice of the market, not the whole thing.
It pays quarterly, but a growth mandate is not an income mandate.

Full SCHG profile⁠

Full VOT profile⁠

SCHG vs VOT Holdings

How SCHG and VOT differ

Overlap by weight

7.6%

Shared holdings make up 60.8% of VOT and 7.6% of SCHG.

Level by level

Holdings57 in both7.6%
Sector11 Sectors66.0%
Asset classEquity100%
Countryby domicile99.8%

Sector

Sector weights in SCHG and VOT, widest gap first
Sector	More in SCHGMore in VOT	SCHG	VOT
Technology	SCHG +22.8 points	54.3%	31.5%
Industrials	VOT +18.4 points	7.0%	25.4%
Communication	SCHG +11.0 points	13.7%	2.7%
Real Estate	VOT +3.8 points	0.3%	4.0%
Health Care	VOT +3.2 points	6.6%	9.8%
Utilities	VOT +2.7 points	0.4%	3.1%
Consumer Discretionary	VOT +2.6 points	10.1%	12.7%
Financials	VOT +1.8 points	5.0%	6.8%
Energy	VOT +1.0 points	0.7%	1.7%
Materials	VOT +0.5 points	0.9%	1.4%
Consumer Staples	SCHG +0.3 points	1.1%	0.8%

Country, concentration and asset class

Country by domicile

Country weights in SCHG and VOT, widest gap first
Country	More in SCHGMore in VOT	SCHG	VOT
United States	VOT +0.2 points	99.8%	100.0%
China	SCHG +0.2 points	0.2%	0.0%

Concentration

Weight in the 10 largest Holdings

SCHG59.9%
VOT21.2%

Securities held

SCHG187
VOT118

Asset class

SCHG: Equity
VOT: Equity

Holdings

Only in SCHG130
In both57
Only in VOT61

Only in SCHG

130 securities, 92.4% of SCHG by weight

NVIDIA12.10%
Apple11.92%
Microsoft9.21%
Amazon Com Inc5.60%
Broadcom Inc4.20%
Alphabet Class A3.90%
Meta Platforms Class A3.74%
Alphabet Class C3.14%
Tesla Inc3.09%
Eli Lilly2.98%
Micron Technology2.86%
Advanced Micro Devices2.51%
Visa Class A1.90%
Mastercard Class A1.40%
Palantir Technologies Class A1.23%
Costco Wholesale Corp1.20%
UnitedHealth Group1.00%
Applied Material Inc0.91%
Ge Aerospace0.88%
Palo Alto Networks0.84%
Caterpillar Inc0.81%
Crowdstrike Holdings Class A0.72%
Thermo Fisher Scientific0.71%
Ge Vernova0.64%
Linde PLC0.63%
Kla0.59%
Sandisk0.53%
Arista Networks0.52%
Walt Disney0.52%
BlackRock0.46%
Deere0.45%
Intuitive Surgical0.43%
Seagate Technology Holdings PLC0.43%
Eaton PLC0.41%
Western Digital Corp0.39%
S&P Global0.38%
Vertex Pharmaceuticals0.37%
Boeing0.37%
Uber Technologies0.36%
Parker-Hannifin0.32%
Mckesson Corp0.31%
Servicenow0.31%
Booking Holdings0.31%
Phillips0.30%
Equinix Reit0.28%
Trane Technologies PLC0.26%
Cadence Design Systems0.26%
Synopsys0.26%
Intuit0.25%
Marriott International Class A0.23%

Only in VOT

61 securities, 39.2% of VOT by weight

Bloom Energy Corp1.83%
Ross Stores Inc1.77%
Motorola Solutions Inc1.74%
Fastenal Co1.34%
AMETEK Inc1.34%
Realty Income Corp1.21%
Edwards Lifesciences Corp1.18%
Agilent Technologies Inc1.15%
Garmin Ltd1.11%
Ventas Inc1.03%
Microchip Technology Inc1.00%
Republic Services Inc0.99%
Chipotle Mexican Grill Inc0.96%
Block Inc0.94%
Waste Connections Inc0.92%
Yum! Brands Inc0.88%
CoreWeave Inc0.80%
Cintas Corp0.78%
Alnylam Pharmaceuticals Inc0.78%
Dexcom Inc0.77%
Old Dominion Freight Line Inc0.77%
Paychex Inc0.75%
Iron Mountain Inc0.74%
Keysight Technologies Inc0.73%
Expedia Group Inc0.71%
Extra Space Storage Inc0.66%
ROBLOX Corp0.64%
Ares Management Corp0.58%
Honeywell Aerospace Inc0.58%
Corpay Inc0.57%
Rockwell Automation Inc0.57%
Xylem Inc/NY0.56%
Veralto Corp0.54%
VeriSign Inc0.54%
Copart Inc0.54%
Church & Dwight Co Inc0.53%
Rocket Cos Inc0.52%
Verisk Analytics Inc0.52%
Flex Ltd0.48%
HEICO Corp0.41%
Brown & Brown Inc0.41%
SBA Communications Corp0.40%
Equifax Inc0.38%
ON Semiconductor Corp0.35%
Ingersoll Rand Inc0.34%
Zoetis Inc0.31%
Estee Lauder Cos Inc/The0.27%
Texas Pacific Land Corp0.25%
Steris PLC0.24%
Markel Group Inc0.24%

Weight gaps

All 57 Holdings in both funds, largest gap first.

Holding weights in SCHG and VOT, widest gap first
Holding	More in SCHGMore in VOT	SCHG	VOT
Cloudflare Class ANET	VOT +2.38 points	0.27%	2.65%
Quanta Services IncPWR	VOT +2.02 points	0.26%	2.28%
Vertiv Holdings Class AVRT	VOT +1.94 points	0.26%	2.20%
Datadog Inc Class ADDOG	VOT +1.93 points	0.24%	2.17%
Howmet AerospaceHWM	VOT +1.91 points	0.22%	2.13%
Robinhood Markets Class AHOOD	VOT +1.90 points	0.20%	2.10%
Lumentum HoldingsLITE	VOT +1.84 points	0.22%	2.06%
Constellation Energy CorpCEG	VOT +1.78 points	0.24%	2.02%
Doordash Class ADASH	VOT +1.51 points	0.18%	1.69%
Hilton Worldwide HoldingsHLT	VOT +1.47 points	0.22%	1.69%
Royal Caribbean GroupRCL	VOT +1.39 points	0.21%	1.60%
TeradyneTER	VOT +1.35 points	0.13%	1.48%
Monolithic Power Systems IncMPWR	VOT +1.33 points	0.16%	1.49%
Comfort Systems UsaFIX	VOT +1.25 points	0.13%	1.38%
Transdigm GroupTDG	VOT +1.23 points	0.18%	1.41%
CoherentCOHR	VOT +1.20 points	0.13%	1.33%
Astera LabsALAB	VOT +1.19 points	0.12%	1.31%
Targa ResourcesTRGP	VOT +1.19 points	0.18%	1.37%
Ww Grainger IncGWW	VOT +1.16 points	0.16%	1.32%
FortinetFTNT	VOT +1.09 points	0.23%	1.32%
CienaCIEN	VOT +1.05 points	0.13%	1.18%
SnowflakeSNOW	VOT +1.01 points	0.31%	1.32%
VistraVST	VOT +0.98 points	0.12%	1.10%
AutozoneAZO	VOT +0.95 points	0.14%	1.09%
AutodeskADSK	VOT +0.90 points	0.14%	1.04%
Rocket Lab CorpRKLB	VOT +0.90 points	0.09%	0.99%
Waters CorpWAT	VOT +0.89 points	0.13%	1.02%
Carvana Class ACVNA	VOT +0.88 points	0.13%	1.01%
Veeva Systems Class AVEEV	VOT +0.85 points	0.13%	0.98%
Idexx LaboratoriesIDXX	VOT +0.85 points	0.12%	0.97%
Coinbase Global Class ACOIN	VOT +0.83 points	0.10%	0.93%
Take Two Interactive SoftwareTTWO	VOT +0.83 points	0.09%	0.92%
Workday Class AWDAY	VOT +0.77 points	0.11%	0.88%
MsciMSCI	VOT +0.71 points	0.12%	0.83%
Axon EnterpriseAXON	VOT +0.67 points	0.10%	0.77%
ResmedRMD	VOT +0.65 points	0.10%	0.75%
Vulcan MaterialsVMC	VOT +0.65 points	0.10%	0.75%
Mettler ToledoMTD	VOT +0.63 points	0.09%	0.72%
Martin Marietta MaterialsMLM	VOT +0.59 points	0.09%	0.68%
Atlassian Corp Class ATEAM	VOT +0.58 points	0.09%	0.67%
Teledyne TechnologiesTDY	VOT +0.57 points	0.09%	0.66%
Mongodb Class AMDB	VOT +0.55 points	0.08%	0.63%
West Pharmaceutical ServicesWST	VOT +0.54 points	0.08%	0.62%
Lpl Financial HoldingsLPLA	VOT +0.51 points	0.06%	0.57%
Live Nation EntertainmentLYV	VOT +0.50 points	0.08%	0.58%
Super Micro Computer IncSMCI	VOT +0.48 points	0.05%	0.53%
Ulta Beauty IncULTA	VOT +0.47 points	0.08%	0.55%
ZscalerZS	VOT +0.43 points	0.07%	0.50%
Reddit Class ARDDT	VOT +0.42 points	0.05%	0.47%
Carnival Corp LtdCCL	VOT +0.26 points	0.10%	0.36%
Fair IsaacFICO	VOT +0.25 points	0.04%	0.29%
Tradeweb Markets Inc Class ATW	VOT +0.23 points	0.04%	0.27%
InsmedINSM	VOT +0.22 points	0.07%	0.29%
HeicoHEI	VOT +0.21 points	0.09%	0.30%
Apollo Global ManagementAPO	VOT +0.13 points	0.15%	0.28%
Tko Group Holdings Inc Class ATKO	VOT +0.09 points	0.03%	0.12%
Hubbell IncHUBB	VOT +0.08 points	0.06%	0.14%

All 189 SCHG holdings⁠All 133 VOT 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.

SCHG vs VOT Cost

Overpaying VOT vs SCHG

$211

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

SCHG 0.04%
$849
VOT 0.05%
$1,060

Amount$10,000

Years30 years

Cost over time

SCHG 0.04%
VOT 0.05%
Overpaying

Year by year

Year	SCHG	VOT	Overpaying
10	$73	$92	$19
20	$288	$360	$72
30	$849	$1,060	$211

Expense ratio

0.04%SCHG, cheaper
0.05%VOT

SCHG0.04%VOT0.05%

0.03%0.70%

Middle half of US Growth Index funds
Median 0.18%

SCHG 2nd cheapest of 35 funds

VOT 5th cheapest of 35 funds

SCHG vs VOT Dividends

Last 12 months to Oct 30, 2026

Yield (12M): SCHG 0.40%; VOT 0.62%, better
Payout (12M): SCHG $0.14; VOT $1.78
Last payment: SCHG $0.04; VOT $0.39
Ex-dividend: SCHG Sep 23, 2026; VOT Sep 28, 2026
Paid on: SCHG Sep 28, 2026; VOT Sep 30, 2026
Frequency: SCHG Quarterly; VOT Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SCHGQuarterly · 42 paymentsAll SCHG payments⁠

VOTQuarterly · 39 paymentsAll VOT payments⁠

SCHG vs VOT Risk

Fall from peak · 5 years

SCHG
VOT

Risk facts

VolatilityStd dev, 3 years: SCHG 16.5%, betterVOT 16.7%
Return per unit of riskSharpe ratio, 3 years: SCHG 1.16, betterVOT 0.75
Worst fallMax drawdown, 5 years: SCHG −34.6%, betterVOT −37.2%
Market sensitivityBeta, 5 years: SCHG 1.20VOT 1.16; Market = 1

SCHG and VOT in the news

All news⁠

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

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SCHG vs VOT

In short

Stated mandate

Why people hold it

Worth knowing

How SCHG and VOT differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in SCHG

Only in VOT

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 SCHG and VOT differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in SCHG

Only in VOT

Weight gaps