SCHX vs VONE: Grades, Fees and Holdings Compared

Schwab U.S. Large-Cap ETF

SCHXANYSE Arca

Vanguard Russell 1000 ETF

VONEANasdaq

Overlap

92.9%by weight

Expense ratio

SCHX −0.03pt a year

SCHX0.03%VONE0.06%

Avg volume · 30D

SCHX 95.6×the volume

SCHX9.93MVONE104K

10Y return · a year

SCHX +0.2pt

SCHX+15.4%VONE+15.2%

SCHX vs VONE Performance

Nov 2, 2021 – Nov 2, 2026

+69.8%SCHX+69.0%VONE

Expense ratio: SCHX 0.03%, better; VONE 0.06%
Fund size: SCHX $73.2B; VONE $12.2B
1Y total return: SCHX +10.9%; VONE +11.3%, better
Yield (12M): SCHX 1.06%, better; VONE 1.03%
Holdings: SCHX 753; VONE 1036
Avg volume (30D): SCHX 9.93M sh, better; VONE 104K sh
NAV per share: SCHX $29.72; VONE $341.62
52W range

ETF.net Grade

Pillar letters and Scores for SCHX, VONE, with each pillar’s weight
Pillar	SCHX	VONE
Cost30% weight	A91Higher	A86
Mission25% weight	A99	A100Higher
Risk15% weight	C48	C54Higher
Tradability15% weight	A88Higher	C53
Holdings10% weight	A72Higher	B66
Durability5% weight	A89	A91Higher

Rank among US Large-Cap funds

How we build Categories ›

Same Category. SCHX and VONE are both graded against the same 29 US Large-Cap funds, so their Grades compare head to head.

US Large-Cap⁠

Category · 29 funds

See all 29 ›

SCHX ranks 1st and VONE 5th of 29 funds in the US Large-Cap Category.

Rank 1ASCHXSchwab U.S. Large-Cap ETFScore 84
Rank 2ABKLCBNY Mellon US Large Cap Core Equity ETFScore 82
Rank 5AIWBiShares Russell 1000 ETFScore 77
Rank 5AVONEVanguard Russell 1000 ETFScore 77
Rank 7BIWLiShares Russell Top 200 ETFScore 69

Our read on each fund

ETF.net Research

SCHXASchwab U.S. Large-Cap ETF

VONEAVanguard Russell 1000 ETF

In short

SCHX Schwab's no-frills large-cap core: roughly 800 US big names for three basis points, running since 2009. One of the cheapest tickets in a crowded category, and it hugs its index tightly.

VONE The Russell 1000 is the standard-issue US large-cap benchmark, and VONE is the low-fee door into it: about 1,000 names for 0.06%, well under half what the other big fund tracking the same index charges.

Stated mandate

SCHX The fund seeks to track, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index.

VONE The fund seeks to track the performance of the Russell 1000 Index.

Why people hold it

SCHX 0.03% a year, well under the typical US large-cap fund's fee. That is the kind of cost floor only the biggest fund shops can hold.
About 800 stocks tracking the Dow Jones U.S. Large-Cap Total Stock Market Index before fees. No themes, no screens, no manager hunches.schwabassetmanagement.com
Tracking has been among the tightest in its peer group: the fund delivers its index with very little slippage.
Live since 2009 and now a multi-billion-dollar fund that trades heavily, so spreads stay thin and the lights are unlikely to go out.

VONE Same declared index as the pricier incumbent at 0.15%, for 0.06%. That is under half the fee, and comfortably below the 0.14% the typical large-cap tracker charges.
Plain plumbing: about 1,000 US large caps, no tilts or screens. The Russell lineup is rebuilt on a published calendar, now twice a year, so risers enter on schedule.lseg.com
Running since 2010 and now a multi-billion-dollar fund, it sits in the top quartile of its large-cap peer group and pays quarterly.

Worth knowing

SCHX Large caps only, despite the index name. Mid and small caps live in a separate fund, so this is one slice of the market, not all of it.
Three basis points is cheap, not free: BKLC in the same peer group runs at zero.
Dividends land quarterly, not monthly, which matters if you're building an income schedule.

VONE A thousand names sounds sweeping, but the sleeve is US-only and large-cap-only. No small caps, no international exposure.
Cheap, not cheapest. SCHX and VV run 0.03% and BKLC runs 0.00%, though each tracks a different large-cap index rather than the Russell 1000.
Volume is moderate rather than hub-like, so larger orders can meet thinner depth than in the category's busiest tickers.

Full SCHX profile⁠

Full VONE profile⁠

SCHX vs VONE Holdings

How SCHX and VONE differ

Overlap by weight

92.9%

Shared holdings make up 99.4% of SCHX and 97.0% of VONE.

Level by level

Holdings737 in both92.9%
Sector11 Sectors98.3%
Countryby domicile99.5%
Asset classEquity100%

Sector

Sector weights in SCHX and VONE, widest gap first
Sector	More in SCHXMore in VONE	SCHX	VONE
Communication	VONE +1.1 points	8.5%	9.6%
Industrials	VONE +0.4 points	8.1%	8.5%
Energy	SCHX +0.3 points	3.8%	3.5%
Consumer Staples	SCHX +0.4 points	4.6%	4.2%
Health Care	SCHX +0.3 points	9.8%	9.5%
Financials	SCHX +0.3 points	11.7%	11.4%
Materials	SCHX +0.2 points	2.0%	1.8%
Utilities	SCHX +0.1 points	2.0%	1.9%
Real Estate	VONE +0.1 points	1.9%	2.0%
Technology	SCHX +0.1 points	38.8%	38.7%
Consumer Discretionary	Same weight	8.9%	8.9%

Country, concentration and asset class

Country by domicile

Country weights in SCHX and VONE, widest gap first
Country	More in SCHXMore in VONE	SCHX	VONE
United States	VONE +0.5 points	99.5%	100.0%
Other countries (6)	SCHX +0.6 points	0.6%	0.0%

Concentration

Weight in the 10 largest Holdings

SCHX35.3%
VONE36.0%

Securities held

SCHX752
VONE1,033

Asset class

SCHX: Equity
VONE: Equity

Holdings

Only in SCHX15
In both737
Only in VONE296

Only in SCHX

15 securities, 0.6% of SCHX by weight

Seagate Technology Holdings PLC0.21%
Nxp Semiconductors NV0.09%
Te Connectivity PLC0.09%
Ssc Government Mm Gvmxx0.07%
Vylor0.07%
Amrize AG0.03%
Moog Inc Class A0.01%
Autoliv0.01%
Erie Indemnity Class A<0.01%
Snap Inc Class A<0.01%
U Haul Non Voting Series N<0.01%
Skydance Shs Class B<0.01%
Cerebras Systems Inc Class A<0.01%
Joby Aviation Class A<0.01%
Mccormick & Co Voting<0.01%

Only in VONE

296 securities, 2.6% of VONE by weight

Spotify Technology SA0.11%
Warner Bros Discovery Inc0.11%
Anglogold Ashanti Plc0.07%
NU Holdings Ltd/Cayman Islands0.06%
Restaurant Brands International Inc0.03%
SLBBH11420.03%
Southern Copper Corp0.03%
HEICO Corp0.02%
Brookfield Asset Management Ltd0.02%
TRS:PAYPAL HOLDINGS INC USD 2027-Aug-310.02%
BitMine Immersion Technologies Inc0.02%
GFL Environmental Inc0.02%
IREN Ltd0.02%
Viking Holdings Ltd0.02%
Halozyme Therapeutics Inc0.02%
TRS:GOLDMAN SACHS GROUP INC USD 2027-Aug-310.02%
Ascendis Pharma A/S0.02%
FormFactor Inc0.02%
Rambus Inc0.02%
Sanmina Corp0.02%
Hecla Mining Co0.02%
Wayfair Inc0.01%
Littelfuse Inc0.01%
Viavi Solutions Inc0.01%
American Healthcare REIT Inc0.01%
Modine Manufacturing Co0.01%
Popular Inc0.01%
Ensign Group Inc/The0.01%
Watts Water Technologies Inc0.01%
Southstate Bank Corp0.01%
Wintrust Financial Corp0.01%
Darling Ingredients Inc0.01%
Allison Transmission Holdings Inc0.01%
Flowserve Corp0.01%
Affiliated Managers Group Inc0.01%
Qorvo Inc0.01%
New York Times Co/The0.01%
Madrigal Pharmaceuticals Inc0.01%
Solstice Advanced Materials Inc0.01%
Qiagen NV0.01%
Arrowhead Pharmaceuticals Inc0.01%
Ryder System Inc0.01%
Valmont Industries Inc0.01%
Globus Medical Inc0.01%
Primerica Inc0.01%
XP Inc0.01%
Brixmor Property Group Inc0.01%
Agree Realty Corp0.01%
Element Solutions Inc0.01%
SPX Technologies Inc0.01%

Weight gaps

The 100 widest of 737 Holdings in both funds.

Holding weights in SCHX and VONE, widest gap first
Holding	More in SCHXMore in VONE	SCHX	VONE
AppleAAPL	SCHX +0.47 points	7.28%	6.81%
Alphabet Class AGOOGL	VONE +0.46 points	2.38%	2.84%
Alphabet Class CGOOG	VONE +0.38 points	1.91%	2.29%
NVIDIANVDA	VONE +0.37 points	7.17%	7.54%
Eli LillyLLY	SCHX +0.33 points	1.64%	1.31%
Intel Corporation CorpINTC	VONE +0.31 points	0.47%	0.78%
Meta Platforms Class AMETA	VONE +0.30 points	1.96%	2.26%
Micron TechnologyMU	VONE +0.25 points	1.45%	1.70%
MicrosoftMSFT	SCHX +0.22 points	5.61%	5.39%
Advanced Micro DevicesAMD	VONE +0.22 points	1.19%	1.41%
Exxonmobil Holdings CorpXOM	SCHX +0.17 points	1.12%	0.95%
Tesla IncTSLA	SCHX +0.16 points	1.63%	1.47%
Visa Class AV	SCHX +0.16 points	1.02%	0.86%
WalmartWMT	SCHX +0.15 points	0.80%	0.65%
Berkshire Hathaway Inc Class BBRK.B	SCHX +0.15 points	1.46%	1.31%
Lam ResearchLRCX	VONE +0.15 points	0.43%	0.58%
ChevronCVX	SCHX +0.13 points	0.67%	0.54%
Space Exploration Technologies CorSPCX	SCHX +0.14 points	0.27%	0.13%
Applied Material IncAMAT	VONE +0.12 points	0.45%	0.57%
Mastercard Class AMA	SCHX +0.12 points	0.75%	0.63%
SandiskSNDK	VONE +0.12 points	0.24%	0.36%
Caterpillar IncCAT	VONE +0.11 points	0.41%	0.52%
AbbVieABBV	SCHX +0.09 points	0.75%	0.66%
Costco Wholesale CorpCOST	SCHX +0.08 points	0.65%	0.57%
Marvell TechnologyMRVL	VONE +0.08 points	0.25%	0.33%
Home DepotHD	SCHX +0.08 points	0.48%	0.40%
Accenture PLC Class AACN	SCHX +0.07 points	0.23%	0.16%
Broadcom IncAVGO	VONE +0.06 points	2.25%	2.31%
Procter & GamblePG	SCHX +0.06 points	0.54%	0.48%
CortevaCTVA	VONE +0.06 points	0.01%	0.07%
KlaKLAC	VONE +0.06 points	0.30%	0.36%
UnitedHealth GroupUNH	SCHX +0.06 points	0.53%	0.47%
International Business Machines CoIBM	SCHX +0.06 points	0.35%	0.29%
Coca-ColaKO	SCHX +0.06 points	0.53%	0.47%
ConocophillipsCOP	SCHX +0.05 points	0.27%	0.22%
Johnson & JohnsonJNJ	SCHX +0.05 points	0.95%	0.90%
Philip Morris InternationalPM	SCHX +0.05 points	0.47%	0.42%
JPMorgan ChaseJPM	SCHX +0.05 points	1.30%	1.25%
Arista NetworksANET	VONE +0.04 points	0.26%	0.30%
Gilead SciencesGILD	SCHX +0.05 points	0.31%	0.26%
Dell Technologies Inc Class CDELL	VONE +0.04 points	0.19%	0.23%
Amgen IncAMGN	SCHX +0.04 points	0.36%	0.32%
Lockheed MartinLMT	SCHX +0.04 points	0.19%	0.15%
S&P GlobalSPGI	SCHX +0.03 points	0.20%	0.17%
Texas InstrumentTXN	SCHX +0.04 points	0.40%	0.36%
ServicenowNOW	VONE +0.03 points	0.16%	0.19%
RtxRTX	SCHX +0.04 points	0.39%	0.35%
Linde PLCLIN	SCHX +0.03 points	0.34%	0.31%
Goldman Sachs GroupGS	SCHX +0.04 points	0.38%	0.34%
NetflixNFLX	VONE +0.04 points	0.37%	0.41%
Union PacificUNP	SCHX +0.03 points	0.26%	0.23%
Mcdonalds CorpMCD	SCHX +0.03 points	0.26%	0.23%
FortinetFTNT	VONE +0.03 points	0.12%	0.15%
Ge VernovaGEV	VONE +0.03 points	0.33%	0.36%
CorningGLW	VONE +0.03 points	0.14%	0.17%
PayPal HoldingsPYPL	SCHX +0.03 points	0.07%	0.04%
IntuitINTU	SCHX +0.04 points	0.14%	0.10%
Altria Group IncMO	SCHX +0.03 points	0.19%	0.16%
Nextera EnergyNEE	SCHX +0.03 points	0.25%	0.22%
Western Digital CorpWDC	VONE +0.03 points	0.19%	0.22%
Bank of AmericaBAC	VONE +0.03 points	0.47%	0.50%
Eaton PLCETN	VONE +0.03 points	0.21%	0.24%
PepsicoPEP	SCHX +0.03 points	0.27%	0.24%
TeradyneTER	VONE +0.03 points	0.06%	0.09%
HeicoHEI	SCHX +0.03 points	0.05%	0.02%
Mckesson CorpMCK	SCHX +0.03 points	0.17%	0.14%
Merck & Co IncMRK	SCHX +0.02 points	0.53%	0.51%
Palantir Technologies Class APLTR	SCHX +0.02 points	0.61%	0.59%
Cloudflare Class ANET	VONE +0.03 points	0.13%	0.16%
Regeneron PharmaceuticalsREGN	SCHX +0.02 points	0.13%	0.11%
Robinhood Markets Class AHOOD	VONE +0.02 points	0.10%	0.12%
Cme Group Class ACME	SCHX +0.03 points	0.16%	0.13%
Lowes Companies IncLOW	SCHX +0.02 points	0.17%	0.15%
ChubbCB	SCHX +0.03 points	0.19%	0.16%
Abbott LaboratoriesABT	SCHX +0.03 points	0.27%	0.24%
ProgressivePGR	SCHX +0.02 points	0.19%	0.17%
Automatic Data Processing IncADP	SCHX +0.02 points	0.17%	0.15%
Bloom Energy Class ABE	VONE +0.02 points	0.09%	0.11%
Wells FargoWFC	SCHX +0.03 points	0.37%	0.34%
PfizerPFE	SCHX +0.02 points	0.25%	0.23%
MarshMRSH	SCHX +0.02 points	0.14%	0.12%
Eog ResourcesEOG	SCHX +0.03 points	0.13%	0.10%
Palo Alto NetworksPANW	VONE +0.02 points	0.43%	0.45%
SouthernSO	SCHX +0.02 points	0.16%	0.14%
Morgan StanleyMS	SCHX +0.02 points	0.32%	0.30%
Charles SchwabSCHW	VONE +0.02 points	0.21%	0.23%
Arthur J GallagherAJG	SCHX +0.02 points	0.10%	0.08%
Analog DevicesADI	SCHX +0.02 points	0.29%	0.27%
ModernaMRNA	SCHX +0.02 points	0.12%	0.10%
Walt DisneyDIS	SCHX +0.02 points	0.28%	0.26%
QualcommQCOM	VONE +0.01 points	0.26%	0.27%
Starbucks CorpSBUX	SCHX +0.02 points	0.17%	0.15%
Cheniere EnergyLNG	SCHX +0.02 points	0.10%	0.08%
American Tower ReitAMT	SCHX +0.02 points	0.13%	0.11%
United Parcel Service Inc Class BUPS	SCHX +0.02 points	0.12%	0.10%
Comfort Systems UsaFIX	VONE +0.02 points	0.06%	0.08%
PhillipsPSX	SCHX +0.02 points	0.16%	0.14%
Intuitive SurgicalISRG	SCHX +0.02 points	0.22%	0.20%
Astera LabsALAB	VONE +0.02 points	0.06%	0.08%
Waste Management IncWM	SCHX +0.02 points	0.13%	0.11%

All 754 SCHX holdings⁠All 1,009 VONE 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.

SCHX vs VONE Cost

Overpaying VONE vs SCHX

$632

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

SCHX 0.03%
$638
VONE 0.06%
$1,270

Amount$10,000

Years30 years

Cost over time

SCHX 0.03%
VONE 0.06%
Overpaying

Year by year

Year	SCHX	VONE	Overpaying
10	$55	$110	$55
20	$216	$432	$216
30	$638	$1,270	$632

Expense ratio

0.03%SCHX, cheaper
0.06%VONE

SCHX0.03%VONE0.06%

0.00%1.25%

Middle half of US Large-Cap funds
Median 0.20%

SCHX 3rd cheapest of 29 funds

VONE 5th cheapest of 29 funds

SCHX vs VONE Dividends

Last 12 months to Nov 2, 2026

Yield (12M): SCHX 1.06%, better; VONE 1.03%
Payout (12M): SCHX $0.31; VONE $3.50
Last payment: SCHX $0.08; VONE $0.89
Ex-dividend: SCHX Sep 23, 2026; VONE Sep 23, 2026
Paid on: SCHX Sep 28, 2026; VONE Sep 25, 2026
Frequency: SCHX Quarterly; VONE Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SCHXQuarterly · 41 paymentsAll SCHX payments⁠

VONEQuarterly · 39 paymentsAll VONE payments⁠

SCHX vs VONE Risk

Fall from peak · 5 years

SCHX
VONE

Risk facts

VolatilityStd dev, 3 years: SCHX 12.5%VONE 12.5%
Return per unit of riskSharpe ratio, 3 years: SCHX 1.40, betterVONE 1.39
Worst fallMax drawdown, 5 years: SCHX −25.4%VONE −25.1%, better
Market sensitivityBeta, 5 years: SCHX 1.01VONE 1.02; Market = 1

SCHX and VONE in the news

All news⁠

Category Review
Broad U.S. large-cap funds kept pace with the S&P 500 this year. The top 50 did not.
Updated Oct 16, 2026SCHX

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