SCHG vs VUG: Grades, Fees and Holdings Compared

Schwab U.S. Large-Cap Growth ETF

SCHGANYSE Arca

Vanguard Morningstar Growth ETF

VUGANYSE Arca

Overlap

79.8%by weight

Expense ratio

VUG −0.01pt a year

SCHG0.04%VUG0.03%

Avg volume · 30D

SCHG 1.2×the volume

SCHG7.94MVUG6.41M

10Y return · a year

SCHG +0.8pt

SCHG+18.2%VUG+17.4%

SCHG vs VUG Performance

Nov 9, 2021 – Nov 9, 2026

+69.8%SCHG+62.5%VUG

Expense ratio: SCHG 0.04%; VUG 0.03%, better
Fund size: SCHG $59.7B; VUG $233B
1Y total return: SCHG +5.8%, better; VUG +5.0%
Yield (12M): SCHG 0.41%; VUG 0.41%
Holdings: SCHG 187; VUG 139
Avg volume (30D): SCHG 7.94M sh, better; VUG 6.41M sh
NAV per share: SCHG $33.13; VUG $82.17
52W range

ETF.net Grade

Pillar letters and Scores for SCHG, VUG, with each pillar’s weight
Pillar	SCHG	VUG
Cost30% weight	A96	A96
Mission25% weight	A93	A99Higher
Risk15% weight	C40	C46Higher
Tradability15% weight	A88Higher	B66
Holdings10% weight	D35Higher	D30
Durability5% weight	A75	A89Higher

Rank among US Growth Index funds

How we build Categories ›

Same Category. SCHG and VUG 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 VUG 4th of 35 funds in the US Growth Index Category.

Rank 1ASPYGState Street SPDR Portfolio S&P 500 Growth ETFScore 84
Rank 2AIMCGiShares Morningstar Mid-Cap Growth ETFScore 78
Rank 2ASCHGSchwab U.S. Large-Cap Growth ETFScore 78
Rank 4AILCGiShares Morningstar Growth ETFScore 77
Rank 4AVUGVanguard Morningstar Growth ETFScore 77
Rank 6AVBKVanguard Morningstar Small-Cap Growth ETFScore 72

Our read on each fund

ETF.net Research

SCHGASchwab U.S. Large-Cap Growth ETF

VUGAVanguard Morningstar 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.

VUG Three basis points buys roughly 170 US large-cap growth names. Running since 2004, over $100 billion in assets, and it tracks its index about as closely as an index fund can.

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.

VUG The fund seeks to track a benchmark index measuring the investment return of large-capitalization growth stocks.

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.

VUG 0.03% a year against a 0.18% median for its growth peer group. A rival tracking the same declared index charges 0.36%, twelve times more for the same shopping list.vanguard.com
One of the largest and most heavily traded funds in US large-cap growth, and among the tightest index implementations in that group. Deep volume tends to mean thin spreads.
Trading since January 2004, so the record spans full market cycles rather than a backtest. Distributions land quarterly.

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.

VUG Cap-weighted, so the biggest mega-caps dominate the top of the book. That makes it one of the more concentrated portfolios in this cohort.vanguard.com
A style sleeve, not the whole market: growth screens only, large caps only. When growth is out of favor it can swing harder than a total-market fund.
SPYG and SCHG sit at 0.04%, so the price edge is a rounding error. The real gap is how each index defines a growth stock.

Full SCHG profile⁠

Full VUG profile⁠

SCHG vs VUG Holdings

How SCHG and VUG differ

Overlap by weight

79.8%

Shared holdings make up 88.7% of VUG and 85.0% of SCHG.

Level by level

Holdings88 in both79.8%
Sector11 Sectors89.1%
Asset classStocks100%
Countryby domicile99.8%

Sector

Sector weights in SCHG and VUG, widest gap first
Sector	Gap	SCHG	VUG
Technology	VUG +8.0 points	51.6%	59.6%
Health Care	SCHG +3.5 points	7.8%	4.3%
Communication	VUG +2.4 points	12.6%	15.0%
Industrials	SCHG +2.0 points	6.5%	4.5%
Financials	SCHG +2.0 points	5.9%	3.9%
Consumer Discretionary	SCHG +1.6 points	11.6%	10.0%
Materials	SCHG +0.7 points	1.1%	0.4%
Real Estate	VUG +0.6 points	0.3%	0.9%
Energy	SCHG +0.4 points	0.7%	0.3%
Utilities	SCHG +0.4 points	0.4%	0.0%
Consumer Staples	SCHG +0.1 points	1.4%	1.3%

Country, concentration and asset class

Country by domicile

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

Concentration

Weight in the 10 largest Holdings

SCHG61.0%
VUG63.1%

Securities held

SCHG186
VUG136

Asset class

SCHG: Stocks
VUG: Stocks

Holdings

Only in SCHG98
In both88
Only in VUG48

Only in SCHG

98 securities, 15.0% of SCHG by weight

Micron Technology2.25%
UnitedHealth Group1.02%
Thermo Fisher Scientific0.74%
Caterpillar Inc0.74%
Linde PLC0.69%
Walt Disney0.58%
BlackRock0.49%
Deere0.49%
S&P Global0.41%
Uber Technologies0.40%
Eaton PLC0.38%
Mckesson Corp0.36%
Parker-Hannifin0.34%
Phillips0.28%
Intuit0.27%
Trane Technologies PLC0.26%
Regeneron Pharmaceuticals0.25%
Constellation Energy Corp0.24%
Sherwin Williams0.23%
Kkr and Co Inc0.19%
United Rentals0.19%
Te Connectivity PLC0.17%
Apollo Global Management0.16%
Delta Air Lines0.15%
Humana0.15%
Baker Hughes Class A0.14%
Roper Technologies0.14%
Natera0.13%
Vistra0.11%
Revolution Medicines0.11%
Carnival Corp Ltd0.11%
Diamondback Energy0.11%
Teledyne Technologies0.08%
Okta Class A0.08%
Ulta Beauty Inc0.08%
Emcor Group0.08%
Ssc Government Mm Gvmxx0.08%
Liberty Media Series C0.08%
Caseys General Stores Inc0.07%
Hubbell Inc0.07%
Coupang Class A0.06%
Ptc0.06%
Sofi Technologies0.06%
Credo Technology Group Holding Ltd0.06%
Affirm Holdings Class A0.06%
First Citizens Bancshares Class A0.06%
Woodward0.05%
Ftai Aviation0.05%
Toast Class A0.05%
Rubrik Class A0.05%

Only in VUG

48 securities, 11.3% of VUG by weight

Intel Corp1.45%
Lam Research Corp1.11%
Netflix Inc0.78%
Oracle Corp0.65%
Marvell Technology Inc0.64%
Amphenol Corp0.57%
Welltower Inc0.46%
TJX Cos Inc/The0.41%
Texas Instruments Inc0.36%
Corning Inc0.34%
Starbucks Corp0.30%
Space Exploration Technologies Corp0.26%
McDonald's Corp0.24%
Dell Technologies Inc0.23%
Bloom Energy Corp0.23%
Motorola Solutions Inc0.22%
Ecolab Inc0.21%
O'Reilly Automotive Inc0.21%
Cintas Corp0.20%
Fastenal Co0.18%
Monster Beverage Corp0.17%
Blackstone Inc0.13%
Chipotle Mexican Grill Inc0.13%
Block Inc0.13%
Waste Connections Inc0.13%
Yum! Brands Inc0.12%
CoreWeave Inc0.11%
Dexcom Inc0.11%
Alnylam Pharmaceuticals Inc0.11%
Old Dominion Freight Line Inc0.11%
ROBLOX Corp0.10%
Ares Management Corp0.09%
VeriSign Inc0.09%
Ventas Inc0.08%
Verisk Analytics Inc0.08%
Flex Ltd0.08%
HEICO Corp0.06%
Texas Pacific Land Corp0.05%
Las Vegas Sands Corp0.05%
AST SpaceMobile Inc0.05%
First Solar Inc0.05%
SBA Communications Corp0.04%
TRS:VISA INC-CLASS A SHARES USD 2027-Aug-310.04%
SLBBH11420.04%
Cerebras Systems Inc0.04%
Rollins Inc0.03%
Symbotic Inc0.03%
Venture Global Inc0.03%

Weight gaps

All 88 Holdings in both funds, largest gap first.

Holding weights in SCHG and VUG, widest gap first
Holding	Gap	SCHG	VUG
NVIDIANVDA	VUG +2.25 points	11.23%	13.48%
Amazon Com IncAMZN	SCHG +2.06 points	6.32%	4.26%
Alphabet Class AGOOGL	VUG +1.01 points	4.15%	5.16%
Alphabet Class CGOOG	VUG +0.74 points	3.35%	4.09%
Advanced Micro DevicesAMD	VUG +0.55 points	2.11%	2.66%
Broadcom IncAVGO	VUG +0.54 points	3.80%	4.34%
Eli LillyLLY	SCHG +0.52 points	3.12%	2.60%
Ge AerospaceGE	SCHG +0.52 points	0.97%	0.45%
Visa Class AV	SCHG +0.49 points	2.08%	1.59%
Mastercard Class AMA	SCHG +0.36 points	1.52%	1.16%
Meta Platforms Class AMETA	VUG +0.35 points	3.88%	4.23%
SandiskSNDK	VUG +0.35 points	0.35%	0.70%
Applied Material IncAMAT	VUG +0.34 points	0.76%	1.10%
Seagate Technology Holdings PLCSTX	VUG +0.28 points	0.30%	0.58%
Costco Wholesale CorpCOST	SCHG +0.26 points	1.35%	1.09%
Tesla IncTSLA	SCHG +0.26 points	2.91%	2.65%
KlaKLAC	VUG +0.18 points	0.52%	0.70%
Western Digital CorpWDC	VUG +0.17 points	0.27%	0.44%
Palo Alto NetworksPANW	VUG +0.14 points	0.74%	0.88%
Royal Caribbean GroupRCL	SCHG +0.12 points	0.24%	0.12%
Lumentum HoldingsLITE	VUG +0.12 points	0.14%	0.26%
FortinetFTNT	VUG +0.11 points	0.21%	0.32%
Datadog Inc Class ADDOG	VUG +0.10 points	0.17%	0.27%
Ge VernovaGEV	VUG +0.10 points	0.59%	0.69%
TeradyneTER	VUG +0.09 points	0.10%	0.19%
Astera LabsALAB	VUG +0.09 points	0.09%	0.18%
Arista NetworksANET	VUG +0.08 points	0.52%	0.60%
ServicenowNOW	VUG +0.09 points	0.30%	0.39%
AppleAAPL	VUG +0.08 points	12.42%	12.50%
Comfort Systems UsaFIX	VUG +0.08 points	0.10%	0.18%
Cloudflare Class ANET	VUG +0.08 points	0.25%	0.33%
Robinhood Markets Class AHOOD	VUG +0.08 points	0.18%	0.26%
Crowdstrike Holdings Class ACRWD	VUG +0.07 points	0.64%	0.71%
CoherentCOHR	VUG +0.06 points	0.11%	0.17%
Vertiv Holdings Class AVRT	VUG +0.07 points	0.20%	0.27%
Applovin Class AAPP	SCHG +0.07 points	0.31%	0.24%
CienaCIEN	VUG +0.06 points	0.10%	0.16%
Intuitive SurgicalISRG	SCHG +0.05 points	0.46%	0.41%
Rocket Lab CorpRKLB	VUG +0.06 points	0.08%	0.14%
MicrosoftMSFT	SCHG +0.05 points	9.79%	9.74%
HeicoHEI	SCHG +0.05 points	0.09%	0.04%
Waters CorpWAT	SCHG +0.05 points	0.13%	0.08%
Quanta Services IncPWR	VUG +0.04 points	0.24%	0.28%
SnowflakeSNOW	VUG +0.04 points	0.28%	0.32%
Coinbase Global Class ACOIN	VUG +0.04 points	0.09%	0.13%
Super Micro Computer IncSMCI	VUG +0.04 points	0.05%	0.09%
Palantir Technologies Class APLTR	VUG +0.04 points	1.06%	1.10%
Reddit Class ARDDT	VUG +0.04 points	0.04%	0.08%
Axon EnterpriseAXON	VUG +0.04 points	0.07%	0.11%
Marriott International Class AMAR	SCHG +0.04 points	0.26%	0.22%
Airbnb Class AABNB	SCHG +0.03 points	0.23%	0.20%
ResmedRMD	SCHG +0.03 points	0.10%	0.07%
Atlassian Corp Class ATEAM	VUG +0.03 points	0.07%	0.10%
Martin Marietta MaterialsMLM	SCHG +0.03 points	0.09%	0.06%
Vertex PharmaceuticalsVRTX	SCHG +0.03 points	0.40%	0.37%
Interactive Brokers Group Inc ClasIBKR	SCHG +0.03 points	0.10%	0.07%
ZscalerZS	VUG +0.03 points	0.06%	0.09%
Monolithic Power Systems IncMPWR	VUG +0.02 points	0.17%	0.19%
Hilton Worldwide HoldingsHLT	SCHG +0.03 points	0.24%	0.21%
Mongodb Class AMDB	VUG +0.02 points	0.07%	0.09%
Howmet AerospaceHWM	VUG +0.02 points	0.24%	0.26%
Idexx LaboratoriesIDXX	SCHG +0.02 points	0.15%	0.13%
Lpl Financial HoldingsLPLA	VUG +0.02 points	0.07%	0.09%
Carvana Class ACVNA	SCHG +0.02 points	0.15%	0.13%
Live Nation EntertainmentLYV	VUG +0.02 points	0.08%	0.10%
AutodeskADSK	SCHG +0.02 points	0.16%	0.14%
MoodysMCO	SCHG +0.02 points	0.22%	0.20%
MsciMSCI	SCHG +0.01 points	0.13%	0.12%
Take Two Interactive SoftwareTTWO	VUG +0.02 points	0.11%	0.13%
West Pharmaceutical ServicesWST	VUG +0.02 points	0.08%	0.10%
InsmedINSM	SCHG +0.01 points	0.07%	0.06%
Doordash Class ADASH	VUG +0.02 points	0.19%	0.21%
BoeingBA	VUG +0.01 points	0.40%	0.41%
Targa ResourcesTRGP	VUG +0.02 points	0.16%	0.18%
Tradeweb Markets Inc Class ATW	VUG +0.01 points	0.04%	0.05%
Cadence Design SystemsCDNS	VUG +0.01 points	0.26%	0.27%
Workday Class AWDAY	VUG +0.01 points	0.11%	0.12%
Mettler ToledoMTD	VUG +0.01 points	0.10%	0.11%
Ww Grainger IncGWW	SCHG +0.01 points	0.18%	0.17%
Transdigm GroupTDG	SCHG +0.01 points	0.19%	0.18%
Veeva Systems Class AVEEV	VUG +0.01 points	0.13%	0.14%
Tko Group Holdings Inc Class ATKO	VUG +0.01 points	0.03%	0.04%
Fair IsaacFICO	VUG +0.01 points	0.04%	0.05%
AutozoneAZO	Same weight	0.15%	0.15%
Booking HoldingsBKNG	SCHG +0.01 points	0.35%	0.34%
SynopsysSNPS	Same weight	0.25%	0.25%
Vulcan MaterialsVMC	Same weight	0.11%	0.11%
Equinix ReitEQIX	Same weight	0.29%	0.29%

All 189 SCHG holdings⁠All 135 VUG 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 VUG Cost

Overpaying SCHG vs VUG

$211

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

SCHG 0.04%
$849
VUG 0.03%
$638

Amount$10,000

Years30 years

Cost over time

SCHG 0.04%
VUG 0.03%
Overpaying

Year by year

Year	SCHG	VUG	Overpaying
10	$73	$55	$18
20	$288	$216	$72
30	$849	$638	$211

Expense ratio

0.04%SCHG
0.03%VUG, cheaper

VUG0.03%SCHG0.04%

0.03%0.70%

Middle half of US Growth Index funds
Median 0.18%

VUG cheapest of 35 funds

SCHG 2nd cheapest of 35 funds

SCHG vs VUG Dividends

Last 12 months to Nov 9, 2026

Yield (12M): SCHG 0.41%; VUG 0.41%
Payout (12M): SCHG $0.14; VUG $0.35
Last payment: SCHG $0.04; VUG $0.09
Ex-dividend: SCHG Sep 23, 2026; VUG Sep 28, 2026
Paid on: SCHG Sep 28, 2026; VUG Sep 30, 2026
Frequency: SCHG Quarterly; VUG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SCHGQuarterly · 42 paymentsAll SCHG payments⁠

VUGQuarterly · 39 paymentsAll VUG payments⁠

SCHG vs VUG Risk

Fall from peak · 5 years

SCHG
VUG

Risk facts

VolatilityStd dev, 3 years: SCHG 16.5%, betterVUG 17.3%
Return per unit of riskSharpe ratio, 3 years: SCHG 1.16, betterVUG 1.11
Worst fallMax drawdown, 5 years: SCHG −34.6%, betterVUG −35.6%
Market sensitivityBeta, 5 years: SCHG 1.20VUG 1.23; Market = 1

SCHG and VUG in the news

All news⁠

Best ETFs
The best growth ETF is the cheap one on the index you want
Updated Nov 2, 2026SCHGVUG
Best ETFs
The cheap large-cap growth pick is the S&P 500 list
Updated Oct 2, 2026SCHGVUG
Head-to-Head
SCHX is the one fund, unless you want SCHG's growth bet
Nov 5, 2026SCHG
Behind the Index
Oil rose 4.5% and the 10-year yield stood at 5% as two U.S. stocks fell for every one that rose
Sep 15, 2026VUG

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SCHG vs VUG

In short

Stated mandate

Why people hold it