SCHX vs VV: Grades, Fees and Holdings Compared

Schwab U.S. Large-Cap ETF

SCHXANYSE Arca

Vanguard Morningstar Large-Cap ETF

VVANYSE Arca

Overlap

91.6%by weight

Expense ratio

SCHX0.03%VV0.03%

Avg volume · 30D

SCHX 44.5×the volume

SCHX9.93MVV223K

10Y return · a year

VV +0.1pt

SCHX+15.3%VV+15.4%

SCHX vs VV Performance

Oct 29, 2021 – Oct 30, 2026

+71.6%SCHX+73.2%VV

Expense ratio: SCHX 0.03%; VV 0.03%
Fund size: SCHX $73.2B; VV $76B
1Y total return: SCHX +11.5%; VV +11.5%
Yield (12M): SCHX 1.05%, better; VV 1.03%
Holdings: SCHX 753; VV 423
Avg volume (30D): SCHX 9.93M sh, better; VV 223K sh
NAV per share: SCHX $29.72; VV $348.06
52W range

ETF.net Grade

Pillar letters and Scores for SCHX, VV, with each pillar’s weight
Pillar	SCHX	VV
Cost30% weight	A91	A91
Mission25% weight	A99	A99
Risk15% weight	C48	B55Higher
Tradability15% weight	A88Higher	B57
Holdings10% weight	A70Higher	C51
Durability5% weight	A89	A93Higher

Rank among US Large-Cap funds

How we build Categories ›

Same Category. SCHX and VV 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 VV 4th of 29 funds in the US Large-Cap Category.

Rank 1ASCHXSchwab U.S. Large-Cap ETFScore 83
Rank 2ABKLCBNY Mellon US Large Cap Core Equity ETFScore 82
Rank 3AEPSWisdomTree U.S. LargeCap FundScore 80
Rank 4AVVVanguard Morningstar Large-Cap ETFScore 78
Rank 5AIWBiShares Russell 1000 ETFScore 77

Our read on each fund

ETF.net Research

SCHXASchwab U.S. Large-Cap ETF

VVAVanguard Morningstar Large-Cap 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.

VV Vanguard's rules-based read on large cap: own whatever sits in the top 85% of the US market, about 500 names, for 0.03% a year. Running since 2004.

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.

VV The fund seeks to track the CRSP US Large Cap Index through a passive, full-replication strategy focused predominantly on large U.S. companies diversified across growth and value styles.

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.

VV Charges 0.03% a year against a 0.14% median for its large-cap peer group. Among the cohort's top names, only SCHX matches that fee.
Full replication: it buys every stock in the index at roughly index weight, and it has tracked that benchmark very closely.vanguard.com
The ETF share class of a Vanguard index fund launched in 2004, now a multi-billion-dollar strategy with mutual fund siblings alongside it.vanguard.com
Cost, tracking and staying power put it in the top tier of a crowded 24-fund large-cap cohort.

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.

VV Market-cap weighted, so the biggest US companies (and their sector tilts) carry most of the weight.vanguard.com
The index stops at the top 85% of US investable market cap: mid- and small-cap names sit outside it.vanguard.com
After Morningstar acquired CRSP, the benchmark and the fund name picked up the Morningstar label. Same index, same fund.vanguard.com vanguard.com 2

Full SCHX profile⁠

Full VV profile⁠

SCHX vs VV Holdings

How SCHX and VV differ

Overlap by weight

91.6%

Shared holdings make up 99.7% of VV and 93.3% of SCHX.

Level by level

Holdings412 in both91.6%
Sector11 Sectors96.2%
Countryby domicile99.5%
Asset classEquity100%

Sector

Sector weights in SCHX and VV, widest gap first
Sector	More in SCHXMore in VV	SCHX	VV
Technology	VV +2.3 points	38.8%	41.1%
Communication	VV +1.5 points	8.5%	10.0%
Health Care	SCHX +0.6 points	9.8%	9.2%
Consumer Discretionary	SCHX +0.6 points	8.9%	8.3%
Industrials	SCHX +0.5 points	8.1%	7.6%
Financials	SCHX +0.4 points	11.7%	11.3%
Real Estate	SCHX +0.4 points	1.9%	1.5%
Energy	SCHX +0.3 points	3.8%	3.5%
Materials	SCHX +0.4 points	2.0%	1.6%
Consumer Staples	SCHX +0.3 points	4.6%	4.3%
Utilities	SCHX +0.3 points	2.0%	1.7%

Country, concentration and asset class

Country by domicile

Country weights in SCHX and VV, widest gap first
Country	More in SCHXMore in VV	SCHX	VV
United States	VV +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%
VV39.5%

Securities held

SCHX753
VV422

Asset class

SCHX: Equity
VV: Equity

Holdings

Only in SCHX341
In both412
Only in VV10

Only in SCHX

341 securities, 6.7% of SCHX by weight

Nxp Semiconductors NV0.10%
Natera0.09%
Vylor0.07%
Everpure Inc Class A0.06%
Ssc Government Mm Gvmxx0.06%
Illumina Inc0.06%
Revolution Medicines0.06%
Twilio Class A0.05%
Okta Class A0.05%
Williams Sonoma Inc0.04%
Emcor Group0.04%
Jabil0.04%
Royalty Pharma PLC Class A0.04%
Atmos Energy0.04%
Credo Technology Group Holding Ltd0.04%
Technipfmc PLC0.04%
United Therapeutics0.04%
Caseys General Stores Inc0.04%
Guardant Health0.04%
Entegris Inc0.04%
Ati0.03%
Tapestry0.03%
Sofi Technologies0.03%
Liberty Media Series C0.03%
Reliance0.03%
Smurfit Westrock PLC0.03%
Us Foods Holding0.03%
Nvent Electric PLC0.03%
Omnicom Group Inc0.03%
Viatris0.03%
Affirm Holdings Class A0.03%
Amcor PLC0.03%
Tenet Healthcare Corp0.03%
Rubrik Class A0.03%
Permian Resources Class A0.03%
Xpo0.03%
Nisource0.03%
Ptc0.03%
Amrize AG0.03%
First Citizens Bancshares Class A0.03%
Cdw0.03%
Expand Energy0.03%
Roku Class A0.03%
Skyworks Solutions0.03%
F50.03%
Nrg Energy Inc0.03%
Td Synnex0.03%
Roivant Sciences Ltd0.03%
Royal Gold0.03%
Fortive0.03%

Only in VV

10 securities, 0.3% of VV by weight

Warner Bros Discovery Inc0.11%
Berkshire Hathaway Inc0.07%
Waste Connections Inc0.06%
HEICO Corp0.03%
Fox Corp0.01%
Venture Global Inc<0.01%
SLBBH1142<0.01%
Symbotic Inc<0.01%
Lennar Corp<0.01%
Abiomed Inc-Cvr0.00%

Weight gaps

The 100 widest of 412 Holdings in both funds.

Holding weights in SCHX and VV, widest gap first
Holding	More in SCHXMore in VV	SCHX	VV
NVIDIANVDA	VV +0.77 points	7.35%	8.12%
Alphabet Class AGOOGL	VV +0.77 points	2.37%	3.14%
Alphabet Class CGOOG	VV +0.58 points	1.91%	2.49%
Meta Platforms Class AMETA	VV +0.52 points	1.96%	2.48%
Micron TechnologyMU	VV +0.37 points	1.50%	1.87%
Amazon Com IncAMZN	VV +0.36 points	3.40%	3.76%
MicrosoftMSFT	VV +0.33 points	5.59%	5.92%
AppleAAPL	VV +0.32 points	7.23%	7.55%
Broadcom IncAVGO	VV +0.27 points	2.33%	2.60%
Advanced Micro DevicesAMD	VV +0.24 points	1.31%	1.55%
Intel Corporation CorpINTC	VV +0.19 points	0.65%	0.84%
Lam ResearchLRCX	VV +0.19 points	0.45%	0.64%
Caterpillar IncCAT	VV +0.16 points	0.42%	0.58%
Applied Material IncAMAT	VV +0.15 points	0.48%	0.63%
Space Exploration Technologies CorSPCX	SCHX +0.14 points	0.28%	0.14%
SandiskSNDK	VV +0.12 points	0.28%	0.40%
Visa Class AV	SCHX +0.11 points	0.99%	0.88%
Seagate Technology Holdings PLCSTX	VV +0.09 points	0.23%	0.32%
Bank of AmericaBAC	VV +0.09 points	0.47%	0.56%
Marvell TechnologyMRVL	VV +0.09 points	0.27%	0.36%
KlaKLAC	VV +0.09 points	0.31%	0.40%
Berkshire Hathaway Inc Class BBRK.B	SCHX +0.08 points	1.43%	1.35%
NetflixNFLX	VV +0.08 points	0.37%	0.45%
CortevaCTVA	VV +0.07 points	0.01%	0.08%
JPMorgan ChaseJPM	VV +0.07 points	1.30%	1.37%
Arista NetworksANET	VV +0.07 points	0.27%	0.34%
ModernaMRNA	SCHX +0.07 points	0.12%	0.05%
Palo Alto NetworksPANW	VV +0.06 points	0.44%	0.50%
WalmartWMT	SCHX +0.06 points	0.77%	0.71%
Tesla IncTSLA	SCHX +0.07 points	1.62%	1.55%
Mastercard Class AMA	SCHX +0.06 points	0.73%	0.67%
Ge VernovaGEV	VV +0.05 points	0.34%	0.39%
AT&TT	VV +0.06 points	0.20%	0.26%
ChevronCVX	SCHX +0.05 points	0.65%	0.60%
ServicenowNOW	VV +0.06 points	0.16%	0.22%
FortinetFTNT	VV +0.05 points	0.12%	0.17%
Johnson & JohnsonJNJ	VV +0.05 points	0.94%	0.99%
Charles SchwabSCHW	VV +0.04 points	0.20%	0.25%
Merck & Co IncMRK	VV +0.05 points	0.51%	0.56%
Eaton PLCETN	VV +0.04 points	0.22%	0.26%
Ge AerospaceGE	VV +0.04 points	0.46%	0.50%
Accenture PLC Class AACN	SCHX +0.05 points	0.22%	0.17%
Western Digital CorpWDC	VV +0.04 points	0.20%	0.24%
CorningGLW	VV +0.05 points	0.14%	0.19%
Dell Technologies Inc Class CDELL	VV +0.04 points	0.20%	0.24%
Eli LillyLLY	SCHX +0.04 points	1.56%	1.52%
Verizon Communications IncVZ	VV +0.04 points	0.26%	0.30%
CitigroupC	VV +0.04 points	0.30%	0.34%
Amphenol Corp Class AAPH	VV +0.03 points	0.29%	0.32%
Robinhood Markets Class AHOOD	VV +0.04 points	0.10%	0.14%
BoeingBA	VV +0.04 points	0.19%	0.23%
Applovin Class AAPP	VV +0.03 points	0.10%	0.13%
Cloudflare Class ANET	VV +0.03 points	0.14%	0.17%
DeereDE	VV +0.03 points	0.24%	0.27%
TeradyneTER	VV +0.03 points	0.07%	0.10%
Booking HoldingsBKNG	VV +0.03 points	0.16%	0.19%
Bloom Energy Class ABE	VV +0.03 points	0.09%	0.12%
PayPal HoldingsPYPL	SCHX +0.03 points	0.07%	0.04%
HeicoHEI	SCHX +0.03 points	0.05%	0.02%
OracleORCL	VV +0.03 points	0.34%	0.37%
Home DepotHD	SCHX +0.03 points	0.47%	0.44%
Steel Dynamics IncSTLD	SCHX +0.03 points	0.05%	0.02%
EqtEQT	SCHX +0.03 points	0.05%	0.02%
Comfort Systems UsaFIX	VV +0.02 points	0.07%	0.09%
Centene CorpCNC	SCHX +0.03 points	0.05%	0.02%
International Business Machines CoIBM	SCHX +0.03 points	0.35%	0.32%
Howmet AerospaceHWM	VV +0.02 points	0.12%	0.14%
Exxonmobil Holdings CorpXOM	SCHX +0.02 points	1.07%	1.05%
ConocophillipsCOP	SCHX +0.03 points	0.26%	0.23%
Crowdstrike Holdings Class ACRWD	VV +0.02 points	0.38%	0.40%
S&P GlobalSPGI	SCHX +0.02 points	0.20%	0.18%
Morgan StanleyMS	VV +0.02 points	0.32%	0.34%
Astera LabsALAB	VV +0.03 points	0.06%	0.09%
CoherentCOHR	VV +0.02 points	0.07%	0.09%
Freeport Mcmoran IncFCX	VV +0.03 points	0.13%	0.16%
NewmontNEM	VV +0.02 points	0.17%	0.19%
Parker-HannifinPH	VV +0.02 points	0.17%	0.19%
Bristol Myers SquibbBMY	VV +0.02 points	0.18%	0.20%
Trane Technologies PLCTT	VV +0.02 points	0.13%	0.15%
Lumentum HoldingsLITE	VV +0.02 points	0.12%	0.14%
Coreweave Class ACRWV	VV +0.02 points	0.03%	0.05%
WelltowerWELL	VV +0.02 points	0.24%	0.26%
DowDOW	SCHX +0.01 points	0.03%	0.02%
Prologis ReitPLD	VV +0.02 points	0.17%	0.19%
QualcommQCOM	VV +0.02 points	0.28%	0.30%
Rocket Lab CorpRKLB	VV +0.01 points	0.05%	0.06%
Alnylam PharmaceuticalsALNY	VV +0.02 points	0.03%	0.05%
Rocket Companies Inc Class ARKT	VV +0.01 points	0.02%	0.03%
Flex LtdFLEX	SCHX +0.02 points	0.05%	0.03%
International Flavors & FragrancesIFF	SCHX +0.01 points	0.03%	0.02%
Qnity ElectronicsQ	SCHX +0.02 points	0.04%	0.02%
Keysight TechnologiesKEYS	VV +0.02 points	0.08%	0.10%
Valero Energy CorpVLO	VV +0.01 points	0.16%	0.17%
Datadog Inc Class ADDOG	VV +0.01 points	0.13%	0.14%
Uber TechnologiesUBER	VV +0.02 points	0.19%	0.21%
Cisco Systems IncCSCO	SCHX +0.02 points	0.61%	0.59%
Doordash Class ADASH	VV +0.01 points	0.10%	0.11%
Thermo Fisher ScientificTMO	VV +0.02 points	0.37%	0.39%
InsmedINSM	SCHX +0.01 points	0.03%	0.02%
Sherwin WilliamsSHW	VV +0.01 points	0.11%	0.12%

All 754 SCHX holdings⁠All 479 VV 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 VV Cost

Same expense ratio

$638

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

SCHX 0.03%
$638
VV 0.03%
$638

Amount$10,000

Years30 years

Cost over time

SCHX 0.03%
VV 0.03%

Year by year

Year	SCHX	VV
10	$55	$55
20	$216	$216
30	$638	$638

Expense ratio

0.03%SCHX
0.03%VV

SCHX0.03%VV0.03%

0.00%1.25%

Middle half of US Large-Cap funds
Median 0.20%

SCHX 3rd cheapest of 29 funds

VV 3rd cheapest of 29 funds

SCHX vs VV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): SCHX 1.05%, better; VV 1.03%
Payout (12M): SCHX $0.31; VV $3.60
Last payment: SCHX $0.08; VV $0.90
Ex-dividend: SCHX Sep 23, 2026; VV Sep 28, 2026
Paid on: SCHX Sep 28, 2026; VV Sep 30, 2026
Frequency: SCHX Quarterly; VV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SCHXQuarterly · 41 paymentsAll SCHX payments⁠

VVQuarterly · 39 paymentsAll VV payments⁠

SCHX vs VV Risk

Fall from peak · 5 years

SCHX
VV

Risk facts

VolatilityStd dev, 3 years: SCHX 12.5%VV 12.5%
Return per unit of riskSharpe ratio, 3 years: SCHX 1.40VV 1.41, better
Worst fallMax drawdown, 5 years: SCHX −25.4%, betterVV −25.7%
Market sensitivityBeta, 5 years: SCHX 1.01VV 1.02; Market = 1

SCHX and VV 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, 2026SCHXVV
Head-to-Head
IVW vs. VV: iShares’ growth ETF holds almost nothing Vanguard’s doesn’t, at six times the fee
Oct 28, 2026VV

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