SCHV vs VBR: Grades, Fees and Holdings Compared

Schwab U.S. Large-Cap Value ETF

SCHVANYSE Arca

Vanguard Morningstar Small-Cap Value ETF

VBRBNYSE Arca

Overlap

9.2%by weight

Expense ratio

SCHV −0.01pt a year

SCHV0.04%VBR0.05%

Avg volume · 30D

SCHV 12.2×the volume

SCHV3.17MVBR259K

10Y return · a year

SCHV +0.6pt

SCHV+11.7%VBR+11.1%

SCHV vs VBR Performance

Nov 2, 2021 – Nov 2, 2026

+62.7%SCHV+51.1%VBR

Expense ratio: SCHV 0.04%, better; VBR 0.05%
Fund size: SCHV $15.7B; VBR $64.1B
1Y total return: SCHV +22.4%, better; VBR +21.5%
Yield (12M): SCHV 1.80%; VBR 1.80%
Holdings: SCHV 568; VBR 836
Avg volume (30D): SCHV 3.17M sh, better; VBR 259K sh
NAV per share: SCHV $34.62; VBR $243.34
52W range

ETF.net Grade

Pillar letters and Scores for SCHV, VBR, with each pillar’s weight
Pillar	SCHV	VBR
Cost30% weight	A96Higher	A86
Mission25% weight	A88Higher	B69
Risk15% weight	B68Higher	D32
Tradability15% weight	A95Higher	C54
Holdings10% weight	B59	A87Higher
Durability5% weight	B68	A86Higher

Rank among US Value Index funds

How we build Categories ›

Same Category. SCHV and VBR 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 VBR 9th of 40 funds in the US Value Index Category.

Rank 1ASCHVSchwab U.S. Large-Cap Value ETFScore 84
Rank 2AVTVVanguard Morningstar Value ETFScore 83
Rank 9BIWXiShares Russell Top 200 Value ETFScore 68
Rank 9BVBRVanguard Morningstar Small-Cap Value ETFScore 68
Rank 12BVIOVVanguard S&P Small-Cap 600 Value ETFScore 65

Our read on each fund

ETF.net Research

SCHVASchwab U.S. Large-Cap Value ETF

VBRBVanguard Morningstar Small-Cap Value ETF

In short

SCHV No data

VBR Vanguard's small-cap value index fund, running since 2004 at five basis points. It owns roughly 800 names off the CRSP index, and CRSP's definition of "small" stretches up toward mid-cap turf, making it a gentler read on small-cap value than Russell 2000 versions.

Stated mandate

SCHV No data

VBR Vanguard Small-Cap Value ETF seeks to follow the CRSP US Small Cap Value Index, which represents U.S. small-cap value stocks. It uses a passive, full-replication approach and normally remains fully invested.

Why people hold it

SCHV No data

VBR 0.05% a year, against a peer-group median of 0.18%. Roughly a quarter of what the typical value fund in its group charges.
Full replication across about 800 small-cap value names, cap-weighted, so no single stock steers the portfolio.vanguard.com
CRSP shifts companies between size indexes in half-position "packets" inside buffer bands, softening turnover when a holding drifts across the small-cap line.crsp.org
Live since 2004, a multi-billion-dollar fund on one index mandate the whole way. Distributions land quarterly.

Worth knowing

SCHV No data

VBR CRSP calls the bottom 2%-15% of the investable market "small," so this leans larger than Russell 2000 value funds such as VTWV.crsp.com
Small companies swing harder than large ones, and the fund normally stays fully invested through the swings.vanguard.com
Value here is CRSP's price-ratio screen (book, earnings, dividends, sales to price). No profitability or quality filter sits on top.pnc.com

Full SCHV profile⁠

Full VBR profile⁠

SCHV vs VBR Holdings

How SCHV and VBR differ

Overlap by weight

9.2%

Shared holdings make up 53.6% of VBR and 9.2% of SCHV.

Level by level

Holdings202 in both9.2%
Sector11 Sectors78.0%
Countryby domicile98.9%
Asset classEquity100%

Sector

Sector weights in SCHV and VBR, widest gap first
Sector	More in SCHVMore in VBR	SCHV	VBR
Consumer Discretionary	VBR +7.6 points	6.3%	13.9%
Technology	SCHV +6.9 points	17.6%	10.7%
Real Estate	VBR +6.5 points	4.0%	10.5%
Health Care	SCHV +4.9 points	14.2%	9.3%
Consumer Staples	SCHV +4.3 points	8.8%	4.5%
Industrials	VBR +4.2 points	11.3%	15.5%
Financials	SCHV +2.8 points	20.4%	17.6%
Materials	VBR +2.6 points	2.8%	5.4%
Energy	SCHV +2.2 points	7.3%	5.1%
Utilities	VBR +1.1 points	3.9%	5.0%
Communication	SCHV +0.9 points	3.5%	2.6%

Country, concentration and asset class

Country by domicile

Country weights in SCHV and VBR, widest gap first
Country	More in SCHVMore in VBR	SCHV	VBR
United States	VBR +1.1 points	98.9%	100.0%
Switzerland	SCHV +0.6 points	0.6%	0.0%
Other countries (4)	SCHV +0.4 points	0.4%	0.0%

Concentration

Weight in the 10 largest Holdings

SCHV19.8%
VBR5.9%

Securities held

SCHV567
VBR827

Asset class

SCHV: Equity
VBR: Equity

Holdings

Only in SCHV365
In both202
Only in VBR625

Only in SCHV

365 securities, 90.8% of SCHV by weight

Berkshire Hathaway Inc Class B3.33%
JPMorgan Chase2.95%
Exxonmobil Holdings Corp2.53%
Johnson & Johnson2.17%
Walmart1.81%
AbbVie1.72%
Chevron1.53%
Cisco Systems Inc1.36%
Procter & Gamble1.24%
Merck & Co Inc1.21%
Coca-Cola1.20%
Home Depot1.08%
Intel Corporation Corp1.08%
Philip Morris International1.07%
Bank of America1.07%
Lam Research0.98%
Texas Instrument0.90%
Rtx0.89%
Goldman Sachs Group0.86%
Netflix0.85%
Wells Fargo0.83%
Amgen Inc0.83%
International Business Machines Co0.80%
Oracle0.74%
Morgan Stanley0.72%
Gilead Sciences0.70%
Citigroup0.68%
Analog Devices0.67%
Amphenol Corp Class A0.64%
Salesforce0.62%
Pepsico0.62%
Verizon Communications Inc0.61%
Space Exploration Technologies Cor0.61%
Conocophillips0.61%
Abbott Laboratories0.60%
Mcdonalds Corp0.60%
Union Pacific0.59%
Qualcomm0.58%
Nextera Energy0.57%
Pfizer0.57%
Marvell Technology0.57%
Welltower0.56%
American Express0.55%
Accenture PLC Class A0.52%
Tjx0.51%
AT&T0.48%
Danaher0.48%
Charles Schwab0.47%
Progressive0.44%
Altria Group Inc0.43%

Only in VBR

625 securities, 46.4% of VBR by weight

SLCMT11420.62%
BitMine Immersion Technologies Inc0.36%
NVR Inc0.35%
First Citizens BancShares Inc/NC0.34%
CACI International Inc0.29%
Moog Inc0.25%
Flutter Entertainment PLC0.23%
Southstate Bank Corp0.22%
Qorvo Inc0.22%
Wintrust Financial Corp0.22%
Popular Inc0.21%
Allison Transmission Holdings Inc0.21%
Viasat Inc0.21%
Affiliated Managers Group Inc0.20%
UMB Financial Corp0.20%
American Airlines Group Inc0.20%
Jackson Financial Inc0.20%
Rubrik Inc0.20%
New York Times Co/The0.20%
Valmont Industries Inc0.19%
Old National Bancorp/IN0.19%
Brixmor Property Group Inc0.19%
Element Solutions Inc0.19%
Primerica Inc0.19%
Agree Realty Corp0.19%
Ryder System Inc0.19%
FirstCash Holdings Inc0.19%
Avnet Inc0.19%
Columbia Banking System Inc0.18%
Aurora Innovation Inc0.18%
SM Energy Co0.18%
Oshkosh Corp0.18%
First Industrial Realty Trust Inc0.18%
PBF Energy Inc0.18%
Lincoln National Corp0.18%
Praxis Precision Medicines Inc0.17%
Ralliant Corp0.17%
UGI Corp0.17%
IDACORP Inc0.17%
Prosperity Bancshares Inc0.17%
Spyre Therapeutics Inc0.17%
Chord Energy Corp0.17%
Zurn Elkay Water Solutions Corp0.17%
Timken Co/The0.17%
National Fuel Gas Co0.16%
Arcosa Inc0.16%
Terreno Realty Corp0.16%
Victoria's Secret & Co0.16%
Plexus Corp0.16%
Kirby Corp0.16%

Weight gaps

The 100 widest of 202 Holdings in both funds.

Holding weights in SCHV and VBR, widest gap first
Holding	More in SCHVMore in VBR	SCHV	VBR
JabilJBL	VBR +0.59 points	0.09%	0.68%
ModernaMRNA	VBR +0.52 points	0.27%	0.79%
Williams Sonoma IncWSM	VBR +0.51 points	0.10%	0.61%
F5FFIV	VBR +0.51 points	0.06%	0.57%
Atmos EnergyATO	VBR +0.50 points	0.10%	0.60%
Smurfit Westrock PLCSW	VBR +0.46 points	0.07%	0.53%
TapestryTPR	VBR +0.44 points	0.08%	0.52%
Tenet Healthcare CorpTHC	VBR +0.40 points	0.07%	0.47%
ViatrisVTRS	VBR +0.39 points	0.07%	0.46%
Nrg Energy IncNRG	VBR +0.39 points	0.07%	0.46%
Omnicom Group IncOMC	VBR +0.39 points	0.07%	0.46%
Us Foods HoldingUSFD	VBR +0.38 points	0.07%	0.45%
Expand EnergyEXE	VBR +0.37 points	0.07%	0.44%
RelianceRS	VBR +0.38 points	0.07%	0.45%
Td SynnexSNX	VBR +0.36 points	0.06%	0.42%
NisourceNI	VBR +0.35 points	0.07%	0.42%
Zebra Technologies Corp Class AZBRA	VBR +0.34 points	0.06%	0.40%
Wesco InternationalWCC	VBR +0.34 points	0.06%	0.40%
Best BuyBBY	VBR +0.34 points	0.06%	0.40%
Genuine PartsGPC	VBR +0.34 points	0.05%	0.39%
Essex Property Trust ReitESS	VBR +0.33 points	0.06%	0.39%
Dupont De NemoursDD	VBR +0.34 points	0.06%	0.40%
Cf Industries Holdings IncCF	VBR +0.34 points	0.06%	0.40%
RevvityRVTY	VBR +0.33 points	0.06%	0.39%
Jb Hunt Transport ServicesJBHT	VBR +0.33 points	0.05%	0.38%
East West BancorpEWBC	VBR +0.33 points	0.06%	0.39%
Zimmer Biomet HoldingsZBH	VBR +0.32 points	0.06%	0.38%
Ch Robinson WorldwideCHRW	VBR +0.32 points	0.05%	0.37%
IdexIEX	VBR +0.32 points	0.06%	0.38%
EvergyEVRG	VBR +0.32 points	0.07%	0.39%
Bunge Global SABG	VBR +0.32 points	0.05%	0.37%
Tractor SupplyTSCO	VBR +0.31 points	0.06%	0.37%
Alliant Energy CorpLNT	VBR +0.31 points	0.06%	0.37%
FortiveFTV	VBR +0.32 points	0.06%	0.38%
Hf SinclairDINO	VBR +0.31 points	0.06%	0.37%
Reinsurance Group of AmericaRGA	VBR +0.31 points	0.06%	0.37%
Invitation HomesINVH	VBR +0.30 points	0.05%	0.35%
Akamai Technologies IncAKAM	VBR +0.31 points	0.04%	0.35%
CdwCDW	VBR +0.30 points	0.06%	0.36%
Jacobs Solutions IncJ	VBR +0.30 points	0.06%	0.36%
OvintivOVV	VBR +0.29 points	0.07%	0.36%
Ss and C Technologies HoldingsSSNC	VBR +0.30 points	0.05%	0.35%
Host Hotels & Resorts ReitHST	VBR +0.29 points	0.06%	0.35%
Leidos HoldingsLDOS	VBR +0.29 points	0.06%	0.35%
W. P. Carey ReitWPC	VBR +0.28 points	0.05%	0.33%
Kimco Realty Reit CorpKIM	VBR +0.29 points	0.05%	0.34%
Api GroupAPG	VBR +0.28 points	0.06%	0.34%
Ball CorpBALL	VBR +0.28 points	0.06%	0.34%
Annaly Capital Management ReitNLY	VBR +0.27 points	0.05%	0.32%
Jazz Pharmaceuticals PLCJAZZ	VBR +0.27 points	0.05%	0.32%
AramarkARMK	VBR +0.27 points	0.05%	0.32%
Equitable HoldingsEQH	VBR +0.27 points	0.05%	0.32%
Omega Healthcare Investors ReitOHI	VBR +0.27 points	0.05%	0.32%
Everest GroupEG	VBR +0.27 points	0.05%	0.32%
ApaAPA	VBR +0.27 points	0.06%	0.33%
Healthpeak Properties IncDOC	VBR +0.27 points	0.04%	0.31%
Mid America Apartment CommunitiesMAA	VBR +0.27 points	0.04%	0.31%
Mueller Industries IncMLI	VBR +0.26 points	0.04%	0.30%
Jones Lang LasalleJLL	VBR +0.27 points	0.05%	0.32%
Charles River Laboratories InternaCRL	VBR +0.26 points	0.06%	0.32%
Invesco LtdIVZ	VBR +0.26 points	0.04%	0.30%
Performance Food GroupPFGC	VBR +0.26 points	0.05%	0.31%
Regency Centers Reit CorpREG	VBR +0.26 points	0.04%	0.30%
UnumUNM	VBR +0.26 points	0.04%	0.30%
Renaissancere HoldingRNR	VBR +0.25 points	0.05%	0.30%
Trimble IncTRMB	VBR +0.25 points	0.05%	0.30%
Stanley Black & DeckerSWK	VBR +0.25 points	0.05%	0.30%
SolventumSOLV	VBR +0.25 points	0.04%	0.29%
MascoMAS	VBR +0.25 points	0.05%	0.30%
Textron IncTXT	VBR +0.25 points	0.05%	0.30%
Globe LifeGL	VBR +0.25 points	0.04%	0.29%
Avery Dennison CorpAVY	VBR +0.24 points	0.05%	0.29%
Assurant IncAIZ	VBR +0.25 points	0.05%	0.30%
Allegion PLCALLE	VBR +0.25 points	0.05%	0.30%
BorgwarnerBWA	VBR +0.25 points	0.03%	0.28%
Rpm International IncRPM	VBR +0.25 points	0.04%	0.29%
Carlisle CompaniesCSL	VBR +0.24 points	0.05%	0.29%
Toll Brothers IncTOL	VBR +0.24 points	0.05%	0.29%
Centene CorpCNC	VBR +0.24 points	0.11%	0.35%
Dt MidstreamDTM	VBR +0.24 points	0.04%	0.28%
Steel Dynamics IncSTLD	VBR +0.23 points	0.11%	0.34%
EqtEQT	VBR +0.23 points	0.11%	0.34%
Echostar Class AECHO	VBR +0.23 points	0.04%	0.27%
Jm SmuckerSJM	VBR +0.22 points	0.05%	0.27%
Mccormick & Co Non-VotingMKC	VBR +0.23 points	0.04%	0.27%
Encompass HealthEHC	VBR +0.23 points	0.04%	0.27%
Arrow ElectronicsARW	VBR +0.22 points	0.04%	0.26%
Skyworks SolutionsSWKS	VBR +0.22 points	0.07%	0.29%
HasbroHAS	VBR +0.22 points	0.06%	0.28%
Cnh Industrial N.v.CNH	VBR +0.22 points	0.03%	0.25%
Bjs Wholesale Club HoldingsBJ	VBR +0.21 points	0.05%	0.26%
Crown Holdings IncCCK	VBR +0.22 points	0.04%	0.26%
Gen DigitalGEN	VBR +0.22 points	0.05%	0.27%
Alcoa CorpAA	VBR +0.22 points	0.03%	0.25%
TransunionTRU	VBR +0.22 points	0.05%	0.27%
Sei InvestmentsSEIC	VBR +0.21 points	0.04%	0.25%
Elanco Animal HealthELAN	VBR +0.21 points	0.04%	0.25%
Baxter InternationalBAX	VBR +0.22 points	0.04%	0.26%
Pinnacle WestPNW	VBR +0.22 points	0.04%	0.26%
CooperCOO	VBR +0.21 points	0.04%	0.25%

All 570 SCHV holdings⁠All 841 VBR 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.

SCHV vs VBR Cost

Overpaying VBR vs SCHV

$211

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

SCHV 0.04%
$849
VBR 0.05%
$1,060

Amount$10,000

Years30 years

Cost over time

SCHV 0.04%
VBR 0.05%
Overpaying

Year by year

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

Expense ratio

0.04%SCHV, cheaper
0.05%VBR

SCHV0.04%VBR0.05%

0.03%0.80%

Middle half of US Value Index funds
Median 0.20%

SCHV 3rd cheapest of 40 funds

VBR 5th cheapest of 40 funds

SCHV vs VBR Dividends

Last 12 months to Nov 2, 2026

Yield (12M): SCHV 1.80%; VBR 1.80%
Payout (12M): SCHV $0.63; VBR $4.42
Last payment: SCHV $0.16; VBR $1.03
Ex-dividend: SCHV Sep 23, 2026; VBR Sep 28, 2026
Paid on: SCHV Sep 28, 2026; VBR Sep 30, 2026
Frequency: SCHV Quarterly; VBR Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SCHVQuarterly · 40 paymentsAll SCHV payments⁠

VBRQuarterly · 39 paymentsAll VBR payments⁠

SCHV vs VBR Risk

Fall from peak · 5 years

SCHV
VBR

Risk facts

VolatilityStd dev, 3 years: SCHV 11.9%, betterVBR 15.9%
Return per unit of riskSharpe ratio, 3 years: SCHV 1.31, betterVBR 0.93
Worst fallMax drawdown, 5 years: SCHV −19.8%, betterVBR −24.2%
Market sensitivityBeta, 5 years: SCHV 0.83VBR 0.98; Market = 1

SCHV and VBR in the news

All news⁠

Category Review
One US value fund returned 68% with Micron at 22.5%. The median returned 22%
Updated Sep 23, 2026SCHVVBR
Best ETFs
Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list
Updated Nov 2, 2026SCHV
Head-to-Head
IWD vs VBR: a lower fee does not buy the other value portfolio
17 hours agoVBR
New ETFs
Bridgeway's BRSV is a converted 2003 fund, not a new small-cap value strategy
Sep 10, 2026VBR

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SCHV vs VBR

In short

Stated mandate

Why people hold it