SCHV vs VLU: Grades, Fees and Holdings Compared

Schwab U.S. Large-Cap Value ETF

SCHVANYSE Arca

State Street SPDR S&P 1500 Value Tilt ETF

VLUANYSE Arca

Overlap

54.5%by weight

Expense ratio

SCHV −0.08pt a year

SCHV0.04%VLU0.12%

Avg volume · 30D

SCHV 396.5×the volume

SCHV3.17MVLU7.99K

10Y return · a year

VLU +2.5pt

SCHV+11.6%VLU+14.1%

SCHV vs VLU Performance

Oct 29, 2021 – Oct 30, 2026

+63.8%SCHV+79.9%VLU

Expense ratio: SCHV 0.04%, better; VLU 0.12%
Fund size: SCHV $15.7B; VLU $793M
1Y total return: SCHV +22.1%; VLU +22.1%
Yield (12M): SCHV 1.81%, better; VLU 1.61%
Holdings: SCHV 568; VLU 1451
Avg volume (30D): SCHV 3.17M sh, better; VLU 7.99K sh
NAV per share: SCHV $34.62; VLU $248.51
52W range

ETF.net Grade

Pillar letters and Scores for SCHV, VLU, with each pillar’s weight
Pillar	SCHV	VLU
Cost30% weight	A96Higher	A76
Mission25% weight	A88	A100Higher
Risk15% weight	B68	A77Higher
Tradability15% weight	A95Higher	C45
Holdings10% weight	B59	B62Higher
Durability5% weight	B68Higher	B64

Rank among US Value Index funds

How we build Categories ›

Same Category. SCHV and VLU 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 VLU 6th 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 4AVOEVanguard Morningstar Mid-Cap Value ETFScore 77
Rank 6AVLUState Street SPDR S&P 1500 Value Tilt ETFScore 75
Rank 7AISCViShares Morningstar Small Cap Value ETFScore 70

Our read on each fund

ETF.net Research

SCHVASchwab U.S. Large-Cap Value ETF

VLUAState Street SPDR S&P 1500 Value Tilt ETF

In short

SCHV No data

VLU Most value funds throw out half the market. VLU keeps all roughly 1,500 names in the S&P Composite 1500 and simply leans the weights toward the cheaper ones. Running since 2012.

Stated mandate

SCHV No data

VLU The fund seeks to track, before fees and expenses, the total return performance of the S&P 1500 Low Valuation Tilt Index.

Why people hold it

SCHV No data

VLU Owns large, mid and small caps together and reweights toward cheap stocks rather than deleting rich ones, so the value lean comes without dropping half the US market.ssga.com spindices.com
0.12% a year, under the median fee among US value ETFs, for an all-cap portfolio of roughly 1,500 stocks.
A plain rules-based index mandate with no manager discretion, and one of the stronger implementations in its value peer group.
Live since 2012, so it carries a long record through both value droughts and value comebacks.

Worth knowing

SCHV No data

VLU Thinly traded next to the category giants, so bid-ask spreads and order size matter more than they would in a heavily traded fund.
A tilt, not a purge: pricey stocks stay in at lower weights, so the value exposure is milder than a concentrated deep-value fund.ssga.com spindices.com
Cheap for the category but not the floor. VTV and IUSV charge less, though they cover large-cap value only.

Full SCHV profile⁠

Full VLU profile⁠

SCHV vs VLU Holdings

How SCHV and VLU differ

Overlap by weight

54.5%

Shared holdings make up 96.3% of SCHV and 64.4% of VLU.

Level by level

Holdings521 in both54.5%
Sector11 Sectors92.0%
Asset classEquity100%
Countryby domicile99.6%

Sector

Sector weights in SCHV and VLU, widest gap first
Sector	More in SCHVMore in VLU	SCHV	VLU
Communication	VLU +3.9 points	3.5%	7.4%
Consumer Discretionary	VLU +3.1 points	6.3%	9.4%
Industrials	SCHV +2.9 points	11.3%	8.4%
Consumer Staples	SCHV +1.5 points	8.8%	7.3%
Health Care	SCHV +1.1 points	14.2%	13.1%
Real Estate	SCHV +1.0 points	4.0%	3.0%
Financials	SCHV +0.9 points	20.4%	19.5%
Energy	VLU +0.8 points	7.3%	8.1%
Utilities	SCHV +0.6 points	3.9%	3.3%
Technology	VLU +0.3 points	17.6%	17.9%
Materials	SCHV +0.1 points	2.8%	2.7%

Country, concentration and asset class

Country by domicile

Country weights in SCHV and VLU, widest gap first
Country	More in SCHVMore in VLU	SCHV	VLU
United States	VLU +0.3 points	98.9%	99.2%
Switzerland	SCHV +0.2 points	0.6%	0.4%
United Kingdom	SCHV +0.1 points	0.2%	0.1%
Mexico	Same weight	0.1%	0.1%
China	VLU +0.1 points	0.0%	0.1%
Ireland	Same weight	0.1%	0.1%
Sweden	VLU +0.1 points	0.0%	0.1%
India	Same weight	0.0%	0.0%
Other countries (2)	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

SCHV19.9%
VLU18.6%

Securities held

SCHV568
VLU1,449

Asset class

SCHV: Equity
VLU: Equity

Holdings

Only in SCHV47
In both521
Only in VLU928

Only in SCHV

47 securities, 3.7% of SCHV by weight

Space Exploration Technologies Cor0.64%
Marvell Technology0.62%
Cheniere Energy0.21%
Bloom Energy Class A0.21%
Strategy Inc Class A0.17%
Ferguson Enterprises0.15%
Roblox Class A0.11%
Sunbelt Rentals Holdings Inc0.11%
Royalty Pharma PLC Class A0.10%
Zoom Communications Class A0.08%
Guardant Health0.08%
Coreweave Class A0.08%
Alnylam Pharmaceuticals0.08%
Markel Group0.08%
Amrize AG0.07%
Roku Class A0.07%
Sharkninja0.06%
Ss and C Technologies Holdings0.05%
Medline Class A0.05%
James Hardie Industries PLC0.05%
Coeur Mining0.05%
Unity Software0.05%
Ast Spacemobile Class A0.04%
Ionq0.04%
Qxo0.04%
Rocket Companies Inc Class A0.04%
Rivian Automotive Class A0.04%
Agnc Investment Reit0.03%
Draftkings Class A0.03%
Ssc Government Mm Gvmxx0.03%
Blue Owl Capital Class A0.02%
Applied Optoelectronics0.02%
Zillow Group Class C0.02%
U Haul Non Voting Series N0.02%
Siriusxm Holdings0.02%
Primo Brands Class A Corp0.02%
Cerebras Systems Inc Class A0.01%
Joby Aviation Class A0.01%
Leonardo Drs Inc<0.01%
Us Dollar<0.01%
Summit Therapeutics<0.01%
Ubiquiti<0.01%
Bok Financial Corp<0.01%
Lineage<0.01%
Sailpoint<0.01%
Cna Financial Corp<0.01%
Mccormick & Co Voting<0.01%

Only in VLU

928 securities, 35.5% of VLU by weight

Microsoft Corp3.13%
Amazon.com Inc2.57%
Apple Inc2.16%
UnitedHealth Group Inc1.33%
Alphabet Inc Class C1.27%
Meta Platforms Inc Class A1.23%
Micron Technology Inc1.00%
NVIDIA Corp0.96%
Advanced Micro Devices0.87%
Tesla Inc0.55%
Visa Inc Class A Shares0.52%
Walt Disney Co/The0.46%
Alphabet Inc Class A0.45%
Broadcom Inc0.44%
Mckesson Corp0.41%
Phillips 660.39%
Eli Lilly & Co0.37%
Costco Wholesale Corp0.35%
Humana Inc0.34%
Diamondback Energy Inc0.29%
Thermo Fisher Scientific Inc0.26%
BlackRock Inc0.22%
Mastercard Inc A0.22%
Linde PLC0.21%
Deere & Co0.20%
Arista Networks Inc0.18%
Delta Air Lines Inc0.18%
Uber Technologies Inc0.16%
General Electric0.16%
Intuitive Surgical Inc0.15%
Applied Materials Inc0.14%
Apollo Global Management Inc0.14%
Palo Alto Networks Inc0.13%
S+p Global Inc0.12%
Palantir Technologies Inc A0.12%
United Rentals Inc0.12%
Eaton Corp PLC0.11%
Regeneron Pharmaceuticals0.11%
Vertex Pharmaceuticals Inc0.10%
Carnival Corp Ltd0.10%
Airbnb Inc Class A0.09%
Crowdstrike Holdings Inc A0.09%
Interactive Brokers Gro Class A0.09%
Kkr & Co Inc0.09%
Baker Hughes Co0.08%
Booking Holdings Inc0.08%
Caterpillar Inc0.08%
Marriott International Class A0.08%
Te Connectivity PLC0.08%
Royal Caribbean Cruises Ltd0.08%

Weight gaps

The 100 widest of 521 Holdings in both funds.

Holding weights in SCHV and VLU, widest gap first
Holding	More in SCHVMore in VLU	SCHV	VLU
JPMorgan ChaseJPM	SCHV +1.53 points	2.98%	1.45%
Johnson & JohnsonJNJ	SCHV +1.44 points	2.16%	0.72%
AbbVieABBV	SCHV +1.15 points	1.67%	0.52%
Exxonmobil Holdings CorpXOM	SCHV +1.00 points	2.46%	1.46%
Lam ResearchLRCX	SCHV +0.94 points	1.04%	0.10%
Intel Corporation CorpINTC	SCHV +0.89 points	1.49%	0.60%
Cisco Systems IncCSCO	SCHV +0.88 points	1.39%	0.51%
Coca-ColaKO	SCHV +0.79 points	1.17%	0.38%
Procter & GamblePG	SCHV +0.78 points	1.22%	0.44%
Philip Morris InternationalPM	SCHV +0.71 points	1.06%	0.35%
Verizon Communications IncVZ	VLU +0.65 points	0.59%	1.24%
Texas InstrumentTXN	SCHV +0.65 points	0.93%	0.28%
RtxRTX	SCHV +0.61 points	0.88%	0.27%
Berkshire Hathaway Inc Class BBRK.B	SCHV +0.60 points	3.29%	2.69%
Merck & Co IncMRK	SCHV +0.60 points	1.18%	0.58%
NetflixNFLX	SCHV +0.60 points	0.84%	0.24%
Amphenol Corp Class AAPH	SCHV +0.59 points	0.66%	0.07%
Goldman Sachs GroupGS	SCHV +0.56 points	0.88%	0.32%
Home DepotHD	SCHV +0.55 points	1.07%	0.52%
Amgen IncAMGN	SCHV +0.54 points	0.81%	0.27%
Analog DevicesADI	SCHV +0.54 points	0.69%	0.15%
Dell Technologies Inc Class CDELL	VLU +0.51 points	0.47%	0.98%
International Business Machines CoIBM	SCHV +0.47 points	0.79%	0.32%
OracleORCL	SCHV +0.47 points	0.79%	0.32%
WalmartWMT	SCHV +0.46 points	1.76%	1.30%
Marathon PetroleumMPC	VLU +0.43 points	0.40%	0.83%
Mcdonalds CorpMCD	SCHV +0.43 points	0.59%	0.16%
Gilead SciencesGILD	SCHV +0.43 points	0.67%	0.24%
Cvs HealthCVS	VLU +0.41 points	0.38%	0.79%
TjxTJX	SCHV +0.40 points	0.51%	0.11%
SalesforceCRM	SCHV +0.39 points	0.62%	0.23%
WelltowerWELL	SCHV +0.39 points	0.55%	0.16%
Morgan StanleyMS	SCHV +0.38 points	0.74%	0.36%
Union PacificUNP	SCHV +0.35 points	0.58%	0.23%
Elevance Health IncELV	VLU +0.33 points	0.30%	0.63%
Nextera EnergyNEE	SCHV +0.33 points	0.56%	0.23%
Abbott LaboratoriesABT	SCHV +0.30 points	0.59%	0.29%
Charles SchwabSCHW	SCHV +0.29 points	0.47%	0.18%
CorningGLW	SCHV +0.29 points	0.33%	0.04%
DanaherDHR	SCHV +0.29 points	0.48%	0.19%
United Parcel Service Inc Class BUPS	VLU +0.29 points	0.26%	0.55%
American ExpressAXP	SCHV +0.29 points	0.56%	0.27%
Comcast Class ACMCSA	VLU +0.28 points	0.26%	0.54%
CignaCI	VLU +0.28 points	0.26%	0.54%
ChevronCVX	SCHV +0.27 points	1.49%	1.22%
General MotorsGM	VLU +0.27 points	0.24%	0.51%
QualcommQCOM	SCHV +0.27 points	0.65%	0.38%
StrykerSYK	SCHV +0.25 points	0.35%	0.10%
NewmontNEM	SCHV +0.25 points	0.38%	0.13%
T Mobile Us IncTMUS	VLU +0.26 points	0.23%	0.49%
Prologis ReitPLD	SCHV +0.26 points	0.40%	0.14%
Starbucks CorpSBUX	SCHV +0.25 points	0.39%	0.14%
PepsicoPEP	SCHV +0.24 points	0.59%	0.35%
Target CorpTGT	VLU +0.25 points	0.22%	0.47%
Cme Group Class ACME	SCHV +0.24 points	0.35%	0.11%
CencoraCOR	VLU +0.22 points	0.21%	0.43%
Automatic Data Processing IncADP	SCHV +0.22 points	0.37%	0.15%
Wells FargoWFC	SCHV +0.22 points	0.84%	0.62%
Johnson Controls International PLCJCI	SCHV +0.21 points	0.31%	0.10%
Truist FinancialTFC	VLU +0.21 points	0.20%	0.41%
Freeport Mcmoran IncFCX	SCHV +0.21 points	0.31%	0.10%
Cardinal HealthCAH	VLU +0.21 points	0.19%	0.40%
Intercontinental ExchangeICE	SCHV +0.21 points	0.30%	0.09%
CsxCSX	SCHV +0.21 points	0.32%	0.11%
Devon EnergyDVN	VLU +0.20 points	0.18%	0.38%
Bank of AmericaBAC	SCHV +0.20 points	1.08%	0.88%
Lowes Companies IncLOW	SCHV +0.20 points	0.38%	0.18%
Waste Management IncWM	SCHV +0.20 points	0.28%	0.08%
MetlifeMET	VLU +0.19 points	0.18%	0.37%
WilliamsWMB	SCHV +0.19 points	0.30%	0.11%
CintasCTAS	SCHV +0.19 points	0.24%	0.05%
Motorola Solutions IncMSI	SCHV +0.19 points	0.27%	0.08%
Ross Stores IncROST	SCHV +0.19 points	0.24%	0.05%
Emerson ElectricEMR	SCHV +0.19 points	0.31%	0.12%
MarshMRSH	SCHV +0.19 points	0.31%	0.12%
Lockheed MartinLMT	SCHV +0.18 points	0.43%	0.25%
O Reilly AutomotiveORLY	SCHV +0.18 points	0.23%	0.05%
BlackstoneBX	SCHV +0.17 points	0.29%	0.12%
EcolabECL	SCHV +0.18 points	0.25%	0.07%
3MMMM	SCHV +0.18 points	0.30%	0.12%
Ford MotorF	VLU +0.17 points	0.16%	0.33%
American Tower ReitAMT	SCHV +0.17 points	0.28%	0.11%
Keysight TechnologiesKEYS	SCHV +0.16 points	0.18%	0.01%
Adobe IncADBE	SCHV +0.16 points	0.32%	0.16%
Aon PLC Class AAON	SCHV +0.16 points	0.22%	0.06%
General Dynamics CorpGD	SCHV +0.16 points	0.31%	0.15%
Simon Property Group Reit IncSPG	SCHV +0.16 points	0.23%	0.07%
Monster BeverageMNST	SCHV +0.16 points	0.22%	0.06%
Arthur J GallagherAJG	SCHV +0.15 points	0.22%	0.07%
Cummins IncCMI	SCHV +0.15 points	0.23%	0.08%
Honeywell International Inc When IHON	SCHV +0.16 points	0.23%	0.07%
Colgate-PalmoliveCL	SCHV +0.15 points	0.24%	0.09%
FastenalFAST	SCHV +0.16 points	0.20%	0.04%
American International GroupAIG	VLU +0.15 points	0.14%	0.29%
Norfolk Southern CorpNSC	SCHV +0.15 points	0.25%	0.10%
Illinois Tool IncITW	SCHV +0.15 points	0.24%	0.09%
Northrop Grumman CorpNOC	SCHV +0.14 points	0.24%	0.10%
Digital Realty Trust ReitDLR	SCHV +0.15 points	0.21%	0.06%
Ametek IncAME	SCHV +0.15 points	0.19%	0.04%
Air Products and ChemicalsAPD	SCHV +0.15 points	0.23%	0.08%

All 570 SCHV holdings⁠All 1,450 VLU 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 VLU Cost

Overpaying VLU vs SCHV

$1,671

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

SCHV 0.04%
$849
VLU 0.12%
$2,520

Amount$10,000

Years30 years

Cost over time

SCHV 0.04%
VLU 0.12%
Overpaying

Year by year

Year	SCHV	VLU	Overpaying
10	$73	$220	$147
20	$288	$859	$571
30	$849	$2,520	$1,671

Expense ratio

0.04%SCHV, cheaper
0.12%VLU

SCHV0.04%VLU0.12%

0.03%0.80%

Middle half of US Value Index funds
Median 0.20%

SCHV 3rd cheapest of 40 funds

VLU 10th cheapest of 40 funds

SCHV vs VLU Dividends

Last 12 months to Oct 30, 2026

Yield (12M): SCHV 1.81%, better; VLU 1.61%
Payout (12M): SCHV $0.63; VLU $3.97
Last payment: SCHV $0.16; VLU $1.05
Ex-dividend: SCHV Sep 23, 2026; VLU Sep 21, 2026
Paid on: SCHV Sep 28, 2026; VLU Sep 23, 2026
Frequency: SCHV Quarterly; VLU Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SCHVQuarterly · 40 paymentsAll SCHV payments⁠

VLUQuarterly · 39 paymentsAll VLU payments⁠

SCHV vs VLU Risk

Fall from peak · 5 years

SCHV
VLU

Risk facts

VolatilityStd dev, 3 years: SCHV 11.9%VLU 11.6%, better
Return per unit of riskSharpe ratio, 3 years: SCHV 1.31VLU 1.47, better
Worst fallMax drawdown, 5 years: SCHV −19.8%VLU −19.6%, better
Market sensitivityBeta, 5 years: SCHV 0.76VLU 0.88; Market = 1

SCHV and VLU in the news

All news⁠

Best ETFs
Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list
Updated Nov 2, 2026SCHV
Category Review
One US value fund returned 68% with Micron at 22.5%. The median returned 22%
Updated Sep 23, 2026SCHV

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SCHV vs VLU

In short

Stated mandate

Why people hold it

Worth knowing

How SCHV and VLU differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in SCHV

Only in VLU

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list

One US value fund returned 68% with Micron at 22.5%. The median returned 22%

How SCHV and VLU differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in SCHV

Only in VLU

Weight gaps