SCHE vs VOO
Schwab Emerging Markets Equity ETF vs Vanguard S&P 500 ETF
Which is better, SCHE or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. SCHE is less concentrated, with 29.8% of the fund in its ten largest positions against 37.6%.
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% | 1.04% |
| Holdings | 2,210 | 509 |
| YTD Return | +10.52% | +13.82%Best |
| 1Y Return | +15.24% | +18.56%Best |
| 3Y Return (annualized) | +19.45% | +23.49%Best |
| 5Y Return (annualized) | +6.83% | +13.34%Best |
| Volatility (annualized) | 16.8% | 14.1%Best |
| Max Drawdown | -43.1% | -34.3%Best |
| $10,000 over 5 years | $13,914 | $18,703Best |
| Top 10 Weight | 29.8%Best | 37.6% |
| 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 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 25, 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 +15.24% while VOO returned +18.56%. Year to date, SCHE is up 10.52% versus a gain of 13.82% for VOO.
Over three years, SCHE compounded at +19.45% per year against +23.49% for VOO; over five years the annualized figures are +6.83% and +13.34% respectively. Across the full 16-year window we track, VOO has the edge at +13.46% annualized vs +3.33%.
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 1.04% for VOO.
Holdings Overlap
0.1% of SCHE's money is in holdings VOO also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 2,133 positions we hold weights for in SCHE and 494 in VOO, against full books of 2,210 and 509.
What only one of them owns
Our book lists 486 positions for VOO that do not appear in our book for SCHE (99.1% of the fund), and 27 for SCHE that do not appear in VOO (2.8%).
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
| Stock | Weight in SCHE | Weight in VOO | Difference |
|---|---|---|---|
| HALHalliburton Co. | 0.09% | 0.04% | 0.05% |
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 +15.24% vs +18.56% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), SCHE annualized +3.33% vs +13.46% 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 1.04%, so SCHE currently pays the higher dividend yield.
Is VOO better than SCHE?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. SCHE is less concentrated, with 29.8% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.