LGHT vs SCHX

LGHT vs SCHX

Which is better, LGHT or SCHX?

SCHX has been ahead.

SCHX has a lower expense ratio. SCHX led over 1Y and the full window. SCHX is less concentrated, with 36.7% of the fund in its ten largest positions against 75.5%.

Lower Fees: SCHXHigher Returns: SCHXLess Concentrated: SCHX

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricLGHTSCHX
Expense Ratio0.85%0.03%Best
AUM$2M$71.4B
Dividend Yield0.00%1.03%
Holdings321,511
Volatility (annualized)17.9%12.0%Best
Max Drawdown-28.6%-19.0%Best
$10,000 over 2.8 years$10,934$16,302Best
Top 10 Weight75.5%36.7%Best
Fund FamilyLangar Investment ManagementCharles Schwab Asset Management
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionJan 10, 2024Nov 3, 2009

Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).

The two price series end 12 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. LGHT has data through Oct 30, 2026 and SCHX through Nov 11, 2026.

Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jan 10, 2024 to Oct 30, 2026 (2.8 years).

Compare LGHT against instead:LGHT vs SPYLGHT vs QQQLGHT vs VOOLGHT vs VTISCHX against:SCHX vs VXUS

Risk: Volatility and Drawdowns

LGHT has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 12.0% for SCHX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -28.6% for LGHT and -19.0% for SCHX. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.

Fees and Cost Over Time

LGHT charges 0.85% per year while SCHX charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, LGHT currently yields 0.00% against 1.03% for SCHX.

Holdings Overlap

LGHT already in SCHX71.6%
SCHX already in LGHT0.6%

71.6% of LGHT's money is in holdings SCHX also owns. 0.6% of SCHX's money is in holdings LGHT also owns.

Most of LGHT is already inside SCHX. Owning both mostly buys the same companies twice.

10 positions in common, counted across the 31 positions we hold weights for in LGHT and 750 in SCHX, against full books of 32 and 1,511.

What only one of them owns

Our book lists 718 positions for SCHX that do not appear in our book for LGHT (98.6% of the fund), and 17 for LGHT that do not appear in SCHX (17.5%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in LGHTWeight in SCHXDifference
MRNAModerna Inc14.85%0.12%14.73%
VEEVVeeva Systems Inc9.35%0.06%9.29%
RMDResmed Inc.8.98%0.05%8.93%
IQVIqvia Holdings Inc.8.63%0.06%8.57%
ISRGIntuitive Surgical Inc8.10%0.21%7.89%
GEHCGe Healthcare Technologies Inc6.38%0.04%6.34%
DXCMDexcom Inc.5.67%0.04%5.63%
PODDInsulet Corp3.37%0.01%3.36%
ZBHZimmer Biomet Holdings3.15%0.02%3.13%
ALGNAlign Technology Inc.3.12%0.01%3.11%

71.6% of LGHT is already inside SCHX.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

LGHTSCHX

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, LGHT or SCHX?

LGHT has an expense ratio of 0.85% while SCHX charges 0.03%. SCHX is the cheaper option, by $82 a year on a $10,000 investment.

Which is riskier, LGHT or SCHX?

LGHT has been the more volatile fund at 17.9% annualized versus 12.0% for SCHX. Worst drawdown: LGHT -28.6% vs SCHX -19.0%.

Should I hold both LGHT and SCHX?

LGHT and SCHX have a monthly-return correlation of 0.39, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between LGHT and SCHX?

71.6% of LGHT's money is in holdings SCHX also owns. 0.6% of SCHX's is in holdings LGHT also owns. They hold 10 positions in common, counted across the 31 positions we hold weights for in LGHT and 750 in SCHX.

Which pays a higher dividend, LGHT or SCHX?

LGHT yields 0.00% while SCHX yields 1.03%, so SCHX currently pays the higher dividend yield.

Is SCHX better than LGHT?

SCHX has a lower expense ratio. SCHX led over 1Y and the full window. SCHX is less concentrated, with 36.7% of the fund in its ten largest positions against 75.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.