SCHK vs VOO
Schwab 1000 Index ETF vs Vanguard S&P 500 ETF
Which is better, SCHK or VOO?
VOO has been ahead.
VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 1.00. SCHK is less concentrated, with 35.1% 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 | SCHK | VOO |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $5.8B | $997.4B |
| Dividend Yield | 1.01% | 1.04% |
| Holdings | 986 | 509 |
| YTD Return | +14.06% | +14.14%Best |
| 1Y Return | +16.86% | +17.31%Best |
| 3Y Return (annualized) | +23.00% | +23.16%Best |
| 5Y Return (annualized) | +13.03% | +13.85%Best |
| Volatility (annualized) | 16.6% | 16.2%Best |
| Max Drawdown | -34.8% | -34.3%Best |
| $10,000 over 5 years | $18,449 | $19,128Best |
| Top 10 Weight | 35.1%Best | 37.6% |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 11, 2017 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Oct 11, 2017 to Sep 21, 2026 (8.9 years).
SCHK 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 8.9 years both funds cover.
SCHK vs VOO Performance
Schwab 1000 Index ETF (SCHK) 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 SCHK returned +16.86% while VOO returned +17.31%. Year to date, SCHK is up 14.06% versus a gain of 14.14% for VOO.
Over three years, SCHK compounded at +23.00% per year against +23.16% for VOO; over five years the annualized figures are +13.03% and +13.85% respectively. Across the full 9-year window we track, VOO has the edge at +14.24% annualized vs +13.89%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHK has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 16.2% 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 what each fund did in the worst stretch of the window measured above.
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 1.01% against 1.04% for VOO.
Holdings Overlap
91.9% of SCHK's money is in holdings VOO also owns. 98.9% of VOO's money is in holdings SCHK also owns.
Most of VOO is already inside SCHK. Owning both mostly buys the same companies twice.
483 positions in common, counted across the 980 positions we hold weights for in SCHK and 494 in VOO, against full books of 986 and 509.
What only one of them owns
Our book lists 7 positions for VOO that do not appear in our book for SCHK (0.4% of the fund), and 440 for SCHK that do not appear in VOO (7.5%).
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
| Stock | Weight in SCHK | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.50% | 7.55% | 0.05% |
| AAPLApple, Inc | 6.53% | 7.05% | 0.52% |
| MSFTMicrosoft Corp | 5.29% | 5.36% | 0.07% |
| AMZNAmazon.Com Inc | 3.57% | 4.13% | 0.56% |
| GOOGLAlphabet Inc,class A | 2.79% | 3.24% | 0.45% |
| AVGOBroadcom Inc | 2.46% | 2.86% | 0.40% |
| GOOGAlphabet Inc | 2.22% | 2.62% | 0.40% |
| METAMeta Platforms Inc | 1.76% | 1.90% | 0.14% |
| MUMicron Technology, Inc. | 1.52% | 1.44% | 0.08% |
| TSLATesla Inc | 1.45% | 1.36% | 0.09% |
98.9% of VOO is already inside SCHK.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHK or VOO?
SCHK has an expense ratio of 0.03% while VOO charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, SCHK or VOO?
Over the past year SCHK returned +16.86% vs +17.31% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (9 years), SCHK annualized +13.89% vs +14.24% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHK or VOO?
SCHK has been the more volatile fund at 16.6% annualized versus 16.2% 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. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SCHK and VOO?
98.9% of VOO's money is in holdings SCHK also owns. 98.9% of VOO's is in holdings SCHK also owns. They hold 483 positions in common, counted across the 980 positions we hold weights for in SCHK and 494 in VOO.
Which pays a higher dividend, SCHK or VOO?
SCHK yields 1.01% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than SCHK?
VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 1.00. SCHK is less concentrated, with 35.1% 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.