SCHE vs VOO
Schwab Emerging Markets Equity ETF vs Vanguard S&P 500 ETF
Which is better, SCHE or VOO?
Each has led over a different period.
VOO has a lower expense ratio. SCHE led over 1Y, VOO over 3Y, 5Y and the full window.
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
| Metric | SCHE | VOO |
|---|---|---|
| Expense Ratio | 0.06% | 0.03%Best |
| AUM | $13.1B | $997.4B |
| Dividend Yield | 2.64% | 1.08% |
| Holdings | 2,210 | 509 |
| YTD Return | +12.28% | +13.37%Best |
| 1Y Return | +23.19%Best | +20.08% |
| 3Y Return (annualized) | +18.69% | +21.29%Best |
| 5Y Return (annualized) | +6.21% | +12.89%Best |
| Volatility (annualized) | 16.8% | 14.1%Best |
| Max Drawdown | -43.1% | -34.3%Best |
| $10,000 over 5 years | $13,515 | $18,335Best |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 14, 2010 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 4, 2026 (16 years).
SCHE vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16 years both funds cover.
SCHE vs VOO Performance
Schwab Emerging Markets Equity ETF (SCHE) is an ETF from Charles Schwab Asset Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year SCHE returned +23.19% while VOO returned +20.08%. Year to date, SCHE is up 12.28% versus a gain of 13.37% for VOO.
Over three years, SCHE compounded at +18.69% per year against +21.29% for VOO; over five years the annualized figures are +6.21% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.48% annualized vs +3.44%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHE has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 14.1% for VOO. 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 -43.1% for SCHE and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHE charges 0.06% per year while VOO charges 0.03%. On a $10,000 position that is $6 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, SCHE currently yields 2.64% against 1.08% for VOO.
Holdings Overlap
We hold position weights for 1,410 holdings in SCHE and 505 in VOO, totalling 91.9% and 99.9% of the two funds. That is not enough of SCHE to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
The two holdings books were reported 91 days apart, SCHE as of Mar 31, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 1,410 positions we hold weights for in SCHE and 505 in VOO, against full books of 2,210 and 509.
Top Shared Holdings
| Stock | Weight in SCHE | Weight in VOO | Difference |
|---|---|---|---|
| HALHalliburton Co. | 0.08% | 0.04% | 0.04% |
You are not choosing between two funds in isolation.
Whichever of SCHE and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHE or VOO?
SCHE has an expense ratio of 0.06% while VOO charges 0.03%. VOO is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, SCHE or VOO?
Over the past year SCHE returned +23.19% vs +20.08% for VOO, so SCHE leads on 1-year performance. Over the longest common window we track (16 years), SCHE annualized +3.44% vs +13.48% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHE or VOO?
SCHE has been the more volatile fund at 16.8% annualized versus 14.1% for VOO. Worst drawdown: SCHE -43.1% vs VOO -34.3%.
Should I hold both SCHE and VOO?
SCHE and VOO have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHE or VOO?
SCHE yields 2.64% while VOO yields 1.08%, so SCHE currently pays the higher dividend yield.
Is VOO better than SCHE?
VOO has a lower expense ratio. SCHE led over 1Y, VOO over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.