SCHK vs SPYV: Grades, Fees and Holdings Compared

Schwab 1000 Index ETF

SCHKANYSE Arca

State Street SPDR Portfolio S&P 500 Value ETF

SPYVANYSE Arca

Overlap

56.1%by weight

Expense ratio

SCHK −0.01pt a year

SCHK0.03%SPYV0.04%

Avg volume · 30D

SPYV 1.6×the volume

SCHK1.31MSPYV2.1M

5Y return · a year

SPYV +0.4pt

SCHK+11.3%SPYV+11.7%

SCHK vs SPYV Performance

Oct 29, 2021 – Oct 30, 2026

+70.5%SCHK+74.1%SPYV

Expense ratio: SCHK 0.03%, better; SPYV 0.04%
Fund size: SCHK $5.69B; SPYV $39.2B
1Y total return: SCHK +11.8%; SPYV +16.6%, better
Yield (12M): SCHK 1.05%; SPYV 1.65%, better
Holdings: SCHK 999; SPYV 437
Avg volume (30D): SCHK 1.31M sh; SPYV 2.1M sh, better
NAV per share: SCHK $36.31; SPYV $64.64
52W range

ETF.net Grade

Pillar letters and Scores for SCHK, SPYV, with each pillar’s weight
Pillar	SCHK	SPYV
Cost30% weight	A98	A98
Mission25% weight	A100Higher	A86
Risk15% weight	B66	A82Higher
Tradability15% weight	A90	A97Higher
Holdings10% weight	B57	A71Higher
Durability5% weight	B68	A86Higher

Rank among Other Major Indexes funds

How we build Categories ›

Same Category. SCHK and SPYV are both graded against the same 42 Other Major Indexes funds, so their Grades compare head to head.

Other Major Indexes⁠

Category · 42 funds

See all 42 ›

SPYV ranks 1st and SCHK 2nd of 42 funds in the Other Major Indexes Category.

Rank 1ASPYVState Street SPDR Portfolio S&P 500 Value ETFScore 89
Rank 2ASCHKSchwab 1000 Index ETFScore 86
Rank 3APBUSInvesco MSCI USA ETFScore 85

Our read on each fund

ETF.net Research

SCHKASchwab 1000 Index ETF

SPYVAState Street SPDR Portfolio S&P 500 Value ETF

In short

SCHK Schwab's house-built alternative to the S&P 500: the 1,000 largest US companies in one passive wrapper, reaching past the mega-caps into mid-cap turf, priced at three basis points.

SPYV The value side of the S&P 500, tracked since 2000 for four basis points. It does one thing: hold the index names that screen cheap, and charge close to nothing for the privilege.

Stated mandate

SCHK The fund seeks to track the total return of the Schwab 1000 Index before fees and expenses.

SPYV The fund seeks to track, before fees and expenses, the total return of the S&P 500 Value Index.

Why people hold it

SCHK 0.03% a year, the lowest fee among the top-scoring funds in its index-wrapper group and a small fraction of what the typical fund there charges.
About 1,000 stocks covering roughly 90% or more of US stock market value: the S&P 500 names plus a layer of mid caps most large-blend funds skip.schwabassetmanagement.com
Tracks its stated index tightly and stands among the strongest implementations in its peer group of plain index wrappers.
A multi-billion-dollar fund that trades actively and pays distributions quarterly.

SPYV 0.04% a year. VOOV tracks the identical S&P 500 Value Index and charges 0.07%, so this is the same exposure at a lower fee.
Trading since 2000 and now a multi-billion-dollar fund that changes hands actively, so the plumbing is well worn.
No stock picking, no factor secret sauce: it aims to match the S&P 500 Value Index before fees, and it is one of the cleaner implementations in its peer group.ssga.com

Worth knowing

SCHK Weighted by market value, so the biggest US companies drive the bulk of results. Those extra 500 names carry less weight than the headcount suggests.schwabassetmanagement.com
All-US, all-equity by mandate: no bonds, no foreign stocks, and it rides the full swings of the US market.
The benchmark is Schwab's own proprietary index, so there is no rival fund on the identical yardstick for a side-by-side comparison.

SPYV This is one style slice, roughly 400 value-screened names, not the whole S&P 500. It will move differently from the full index.
Value goes through long stretches in and out of favor. The fund follows the index rules either way, with no manager stepping in.
Distributions land quarterly, not monthly.

Full SCHK profile⁠

Full SPYV profile⁠

SCHK vs SPYV Holdings

How SCHK and SPYV differ

Overlap by weight

56.1%

Shared holdings make up 99.9% of SPYV and 57.3% of SCHK.

Level by level

Holdings432 in both56.1%
Sector11 Sectors75.0%
Asset classEquity100%
Countryby domicile99.7%

Sector

Sector weights in SCHK and SPYV, widest gap first
Sector	More in SCHKMore in SPYV	SCHK	SPYV
Technology	SCHK +18.1 points	38.9%	20.8%
Communication	SCHK +6.9 points	9.4%	2.5%
Consumer Staples	SPYV +4.8 points	4.2%	9.0%
Energy	SPYV +4.7 points	3.5%	8.2%
Financials	SPYV +3.8 points	11.4%	15.2%
Health Care	SPYV +3.5 points	9.8%	13.3%
Industrials	SPYV +2.2 points	8.6%	10.8%
Utilities	SPYV +2.1 points	1.9%	4.0%
Materials	SPYV +1.5 points	1.8%	3.3%
Consumer Discretionary	SPYV +1.2 points	8.6%	9.8%
Real Estate	SPYV +1.1 points	2.0%	3.1%

Country, concentration and asset class

Country by domicile

Country weights in SCHK and SPYV, widest gap first
Country	More in SCHKMore in SPYV	SCHK	SPYV
United States	SCHK +0.2 points	99.4%	99.2%
Switzerland	SPYV +0.3 points	0.3%	0.6%
China	Same weight	0.1%	0.1%
United Kingdom	Same weight	0.1%	0.1%
Ireland	SPYV +0.1 points	0.0%	0.1%
Mexico	SCHK +0.1 points	0.1%	0.0%
Sweden	Same weight	0.0%	0.0%
Brazil	Same weight	0.0%	0.0%
India	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

SCHK34.4%
SPYV24.4%

Securities held

SCHK999
SPYV435

Asset class

SCHK: Equity
SPYV: Equity

Holdings

Only in SCHK567
In both432
Only in SPYV3

Only in SCHK

567 securities, 42.7% of SCHK by weight

NVIDIA7.16%
Microsoft5.45%
Alphabet Class A2.31%
Broadcom Inc2.28%
Meta Platforms Class A1.91%
Alphabet Class C1.86%
Eli Lilly1.52%
Micron Technology1.46%
Berkshire Hathaway Inc Class B1.40%
Advanced Micro Devices1.28%
Palantir Technologies Class A0.63%
Applied Material Inc0.47%
Lam Research0.44%
Caterpillar Inc0.41%
Rtx0.37%
Crowdstrike Holdings Class A0.37%
Netflix0.36%
Ge Vernova0.33%
Kla0.30%
Amphenol Corp Class A0.28%
Space Exploration Technologies Cor0.27%
Sandisk0.27%
Arista Networks0.27%
Welltower0.23%
Intuitive Surgical0.22%
Uber Technologies0.19%
Newmont0.16%
Snowflake0.16%
Booking Holdings0.16%
Cloudflare Class A0.14%
Quanta Services Inc0.13%
Vertiv Holdings Class A0.13%
Datadog Inc Class A0.12%
Ishares Russell Etf0.12%
Marriott International Class A0.12%
Howmet Aerospace0.11%
Lumentum Holdings0.11%
Hilton Worldwide Holdings0.11%
Royal Caribbean Group0.11%
Robinhood Markets Class A0.10%
O Reilly Automotive0.10%
Hca Healthcare0.10%
Applovin Class A0.10%
Doordash Class A0.09%
Monster Beverage0.09%
Cheniere Energy0.09%
Bloom Energy Class A0.09%
Transdigm Group0.09%
Natera0.09%
Monolithic Power Systems Inc0.08%

Only in SPYV

3 securities, 0.0% of SPYV by weight

News Corp Class B0.01%
Fox Corp Class B<0.01%
Contra Hologic Incorpo0.00%

Weight gaps

The 100 widest of 432 Holdings in both funds.

Holding weights in SCHK and SPYV, widest gap first
Holding	More in SCHKMore in SPYV	SCHK	SPYV
Exxonmobil Holdings CorpXOM	SPYV +1.41 points	1.05%	2.46%
AppleAAPL	SPYV +1.24 points	7.06%	8.30%
WalmartWMT	SPYV +1.01 points	0.75%	1.76%
Intel Corporation CorpINTC	SPYV +0.86 points	0.63%	1.49%
ChevronCVX	SPYV +0.85 points	0.64%	1.49%
Costco Wholesale CorpCOST	SPYV +0.83 points	0.61%	1.44%
Procter & GamblePG	SPYV +0.70 points	0.52%	1.22%
UnitedHealth GroupUNH	SPYV +0.69 points	0.51%	1.20%
Merck & Co IncMRK	SPYV +0.68 points	0.50%	1.18%
Bank of AmericaBAC	SPYV +0.62 points	0.46%	1.08%
Home DepotHD	SPYV +0.61 points	0.46%	1.07%
Texas InstrumentTXN	SPYV +0.53 points	0.40%	0.93%
Thermo Fisher ScientificTMO	SPYV +0.49 points	0.36%	0.85%
Wells FargoWFC	SPYV +0.48 points	0.36%	0.84%
Linde PLCLIN	SPYV +0.44 points	0.32%	0.76%
Analog DevicesADI	SPYV +0.40 points	0.29%	0.69%
CitigroupC	SPYV +0.40 points	0.29%	0.69%
QualcommQCOM	SPYV +0.37 points	0.28%	0.65%
Walt DisneyDIS	SPYV +0.35 points	0.27%	0.62%
SalesforceCRM	SPYV +0.36 points	0.26%	0.62%
Amazon Com IncAMZN	SPYV +0.34 points	3.32%	3.66%
PepsicoPEP	SPYV +0.34 points	0.25%	0.59%
Verizon Communications IncVZ	SPYV +0.34 points	0.25%	0.59%
Abbott LaboratoriesABT	SPYV +0.34 points	0.25%	0.59%
ConocophillipsCOP	SPYV +0.34 points	0.25%	0.59%
Union PacificUNP	SPYV +0.33 points	0.25%	0.58%
Nextera EnergyNEE	SPYV +0.32 points	0.24%	0.56%
PfizerPFE	SPYV +0.32 points	0.24%	0.56%
BlackRockBLK	SPYV +0.32 points	0.23%	0.55%
JPMorgan ChaseJPM	SCHK +0.32 points	1.27%	0.95%
DeereDE	SPYV +0.31 points	0.23%	0.54%
Eaton PLCETN	SPYV +0.29 points	0.21%	0.50%
Accenture PLC Class AACN	SPYV +0.28 points	0.21%	0.49%
DanaherDHR	SPYV +0.27 points	0.21%	0.48%
Charles SchwabSCHW	SPYV +0.27 points	0.20%	0.47%
Dell Technologies Inc Class CDELL	SPYV +0.27 points	0.20%	0.47%
AT&TT	SPYV +0.27 points	0.20%	0.47%
Western Digital CorpWDC	SPYV +0.26 points	0.20%	0.46%
Vertex PharmaceuticalsVRTX	SPYV +0.26 points	0.19%	0.45%
Lockheed MartinLMT	SPYV +0.25 points	0.18%	0.43%
Capital One Financial CorpCOF	SPYV +0.24 points	0.18%	0.42%
Altria Group IncMO	SPYV +0.24 points	0.18%	0.42%
ChubbCB	SPYV +0.23 points	0.18%	0.41%
Bristol Myers SquibbBMY	SPYV +0.24 points	0.17%	0.41%
Prologis ReitPLD	SPYV +0.23 points	0.17%	0.40%
Marathon PetroleumMPC	SPYV +0.23 points	0.17%	0.40%
Starbucks CorpSBUX	SPYV +0.22 points	0.17%	0.39%
Medtronic PLCMDT	SPYV +0.22 points	0.17%	0.39%
Lowes Companies IncLOW	SPYV +0.22 points	0.16%	0.38%
Cvs HealthCVS	SPYV +0.22 points	0.16%	0.38%
Mckesson CorpMCK	SPYV +0.21 points	0.16%	0.37%
Automatic Data Processing IncADP	SPYV +0.21 points	0.16%	0.37%
Valero Energy CorpVLO	SPYV +0.21 points	0.15%	0.36%
PhillipsPSX	SPYV +0.21 points	0.15%	0.36%
SouthernSO	SPYV +0.20 points	0.15%	0.35%
AbbVieABBV	SPYV +0.19 points	0.71%	0.90%
Equinix ReitEQIX	SPYV +0.19 points	0.14%	0.33%
Adobe IncADBE	SPYV +0.18 points	0.14%	0.32%
Duke Energy CorpDUK	SPYV +0.18 points	0.14%	0.32%
CsxCSX	SPYV +0.19 points	0.13%	0.32%
Coca-ColaKO	SPYV +0.18 points	0.50%	0.68%
Emerson ElectricEMR	SPYV +0.18 points	0.13%	0.31%
Freeport Mcmoran IncFCX	SPYV +0.18 points	0.13%	0.31%
Us BancorpUSB	SPYV +0.18 points	0.13%	0.31%
MarshMRSH	SPYV +0.18 points	0.13%	0.31%
SynopsysSNPS	SPYV +0.18 points	0.13%	0.31%
Pnc Financial Services GroupPNC	SPYV +0.17 points	0.13%	0.30%
Intercontinental ExchangeICE	SPYV +0.17 points	0.13%	0.30%
WilliamsWMB	SPYV +0.17 points	0.13%	0.30%
3MMMM	SPYV +0.17 points	0.13%	0.30%
Elevance Health IncELV	SPYV +0.17 points	0.13%	0.30%
BlackstoneBX	SPYV +0.16 points	0.13%	0.29%
Tesla IncTSLA	SCHK +0.17 points	1.58%	1.41%
American Tower ReitAMT	SPYV +0.16 points	0.12%	0.28%
Mastercard Class AMA	SCHK +0.16 points	0.71%	0.55%
Waste Management IncWM	SPYV +0.16 points	0.12%	0.28%
Eog ResourcesEOG	SPYV +0.16 points	0.12%	0.28%
Travelers CompaniesTRV	SPYV +0.15 points	0.12%	0.27%
ModernaMRNA	SPYV +0.16 points	0.11%	0.27%
Motorola Solutions IncMSI	SPYV +0.16 points	0.11%	0.27%
United Parcel Service Inc Class BUPS	SPYV +0.15 points	0.11%	0.26%
Regeneron PharmaceuticalsREGN	SPYV +0.15 points	0.11%	0.26%
Mondelez International Class AMDLZ	SPYV +0.15 points	0.11%	0.26%
SlbSLB	SPYV +0.15 points	0.11%	0.26%
CignaCI	SPYV +0.15 points	0.11%	0.26%
Comcast Class ACMCSA	SPYV +0.15 points	0.11%	0.26%
Hewlett Packard EnterpriseHPE	SPYV +0.14 points	0.11%	0.25%
Norfolk Southern CorpNSC	SPYV +0.14 points	0.11%	0.25%
EcolabECL	SPYV +0.14 points	0.11%	0.25%
Sherwin WilliamsSHW	SPYV +0.15 points	0.10%	0.25%
General MotorsGM	SPYV +0.14 points	0.10%	0.24%
Northrop Grumman CorpNOC	SPYV +0.14 points	0.10%	0.24%
CintasCTAS	SPYV +0.14 points	0.10%	0.24%
Colgate-PalmoliveCL	SPYV +0.14 points	0.10%	0.24%
Illinois Tool IncITW	SPYV +0.14 points	0.10%	0.24%
T Mobile Us IncTMUS	SPYV +0.13 points	0.10%	0.23%
Honeywell International Inc When IHON	SPYV +0.13 points	0.10%	0.23%
American Electric Power IncAEP	SPYV +0.13 points	0.10%	0.23%
Air Products and ChemicalsAPD	SPYV +0.13 points	0.10%	0.23%
Target CorpTGT	SPYV +0.12 points	0.10%	0.22%

All 1,001 SCHK holdings⁠All 435 SPYV 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.

SCHK vs SPYV Cost

Overpaying SPYV vs SCHK

$211

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

SCHK 0.03%
$638
SPYV 0.04%
$849

Amount$10,000

Years30 years

Cost over time

SCHK 0.03%
SPYV 0.04%
Overpaying

Year by year

Year	SCHK	SPYV	Overpaying
10	$55	$73	$18
20	$216	$288	$72
30	$638	$849	$211

Expense ratio

0.03%SCHK, cheaper
0.04%SPYV

SCHK0.03%SPYV0.04%

0.03%0.75%

Middle half of Other Major Indexes funds
Median 0.29%

SCHK cheapest of 42 funds

SPYV 2nd cheapest of 42 funds

SCHK vs SPYV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): SCHK 1.05%; SPYV 1.65%, better
Payout (12M): SCHK $0.38; SPYV $1.06
Last payment: SCHK $0.10; SPYV $0.27
Ex-dividend: SCHK Sep 23, 2026; SPYV Sep 21, 2026
Paid on: SCHK Sep 28, 2026; SPYV Sep 23, 2026
Frequency: SCHK Quarterly; SPYV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SCHKQuarterly · 39 paymentsAll SCHK payments⁠

SPYVQuarterly · 39 paymentsAll SPYV payments⁠

SCHK vs SPYV Risk

Fall from peak · 5 years

SCHK
SPYV

Risk facts

VolatilityStd dev, 3 years: SCHK 12.6%SPYV 11.7%, better
Return per unit of riskSharpe ratio, 3 years: SCHK 1.39, betterSPYV 1.17
Worst fallMax drawdown, 5 years: SCHK −25.4%SPYV −17.9%, better
Market sensitivityBeta, 5 years: SCHK 1.02SPYV 0.83; Market = 1

SCHK and SPYV in the news

All news⁠

Best ETFs
Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list
Updated Nov 2, 2026SPYV
Best ETFs
The best value ETF depends on whose list you bought
Updated Oct 2, 2026SPYV

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