SCHK vs VOO
Schwab 1000 Index ETF vs Vanguard S&P 500 ETF
Quick Verdict
SCHK delivered stronger 1-year returns. SCHK offers more diversification with 982 holdings.
Side-by-Side Comparison
| Metric | SCHK | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | |
| AUM | $5.7B | $979.0B | |
| Dividend Yield | 1.03% | 1.09% | |
| Holdings | 991 | 509 | |
| YTD Return | +13.72% | +13.44% | |
| 1Y Return | +22.71% | +22.62% | |
| 3Y Return (annualized) | +21.41% | +21.47% | |
| 5Y Return (annualized) | +12.56% | +13.27% | |
| Volatility (annualized) | 16.7% | 14.1% | |
| Max Drawdown | -34.8% | -34.3% | |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 11, 2017 | Sep 7, 2010 |
SCHK vs VOO Performance
Schwab 1000 Index ETF (SCHK) is a ETF from Charles Schwab Asset Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SCHK returned +22.71% while VOO returned +22.62%. Year to date, SCHK is up 13.72% versus a gain of 13.44% for VOO.
Over three years, SCHK compounded at +21.41% per year against +21.47% for VOO; over five years the annualized figures are +12.56% and +13.27% respectively. Across the full 9-year window we track, SCHK has the edge at +14.04% annualized vs +13.55%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHK has been the more volatile fund, with annualized monthly volatility of 16.7% 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 -34.8% for SCHK and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SCHK charges 0.03% per year while VOO charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, SCHK currently yields 1.03% against 1.09% for VOO.
Holdings Overlap
SCHK and VOO share 495 holdings out of 992 unique holdings combined, representing a 89.7% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, SCHK or VOO?
SCHK has an expense ratio of 0.03% while VOO charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, SCHK or VOO?
Over the past year SCHK returned +22.71% vs +22.62% for VOO, so SCHK leads on 1-year performance. Over the longest common window we track (9 years), SCHK annualized +14.04% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, SCHK or VOO?
SCHK has been the more volatile fund at 16.7% annualized versus 14.1% for VOO. Worst drawdown: SCHK -34.8% vs VOO -34.3%.
Should I hold both SCHK and VOO?
SCHK and VOO have a monthly-return correlation of 1.00, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between SCHK and VOO?
SCHK and VOO share 495 common holdings with a 89.7% weight overlap. Combined, they hold 992 unique securities.
Which pays a higher dividend, SCHK or VOO?
SCHK yields 1.03% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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