SCHV vs VTV
Schwab US Large-Cap Value ETF vs Vanguard Morningstar Value ETF
Which is better, SCHV or VTV?
Nearly the same fund. VTV costs less.
VTV has a lower expense ratio. VTV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. SCHV is less concentrated, with 20.4% of the fund in its ten largest positions against 22.5%.
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 | SCHV | VTV |
|---|---|---|
| Expense Ratio | 0.04% | 0.03%Best |
| AUM | $15.6B | $187.8B |
| Dividend Yield | 1.77% | 1.82% |
| Holdings | 560 | 311 |
| YTD Return | +15.47% | +16.32%Best |
| 1Y Return | +19.96% | +21.94%Best |
| 3Y Return (annualized) | +18.68% | +19.16%Best |
| 5Y Return (annualized) | +11.14% | +13.02%Best |
| Volatility (annualized) | 14.1% | 13.9%Best |
| Max Drawdown | -37.1% | -36.8%Best |
| $10,000 over 5 years | $16,957 | $18,441Best |
| Top 10 Weight | 20.4%Best | 22.5% |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 11, 2009 | Jan 26, 2004 |
Volatility and max drawdown are measured over the window both funds cover: Dec 11, 2009 to Sep 21, 2026 (16.8 years).
SCHV vs VTV 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 16.8 years both funds cover.
SCHV vs VTV Performance
Schwab US Large-Cap Value ETF (SCHV) is an ETF from Charles Schwab Asset Management and Vanguard Morningstar Value ETF (VTV) is an ETF from Vanguard (US). Over the past year SCHV returned +19.96% while VTV returned +21.94%. Year to date, SCHV is up 15.47% versus a gain of 16.32% for VTV.
Over three years, SCHV compounded at +18.68% per year against +19.16% for VTV; over five years the annualized figures are +11.14% and +13.02% respectively. Across the full 17-year window we track, VTV has the edge at +10.39% annualized vs +9.50%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHV has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.9% for VTV. 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 -37.1% for SCHV and -36.8% for VTV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SCHV charges 0.04% per year while VTV charges 0.03%. On a $10,000 position that is $4 vs $3 annually, a gap of $1 per year that compounds over a long holding period. On income, SCHV currently yields 1.77% against 1.82% for VTV.
Holdings Overlap
77.2% of SCHV's money is in holdings VTV also owns. 85.0% of VTV's money is in holdings SCHV also owns.
Most of VTV is already inside SCHV. Owning both mostly buys the same companies twice.
246 positions in common, counted across the 555 positions we hold weights for in SCHV and 299 in VTV, against full books of 560 and 311.
What only one of them owns
Our book lists 46 positions for VTV that do not appear in our book for SCHV (12.1% of the fund), and 293 for SCHV that do not appear in VTV (21.6%).
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 SCHV | Weight in VTV | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 3.41% | 3.45% | 0.04% |
| JPMJpmorgan Chase | 3.01% | 3.50% | 0.49% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 2.91% | 2.99% | 0.08% |
| XOMExxon Mobil Corp. | 2.10% | 2.39% | 0.29% |
| JNJJohnson & Johnson - Common | 2.02% | 2.29% | 0.27% |
| WMTWalmart, Inc. | 1.45% | 1.81% | 0.36% |
| ABBVAbbvie Inc. | 1.43% | 1.65% | 0.22% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.38% | 1.53% | 0.15% |
| BACBank of America Corp.: Financials | 1.27% | 1.47% | 0.20% |
| CVXChevron Corp | 1.22% | 1.38% | 0.16% |
85.0% of VTV is already inside SCHV.
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, SCHV or VTV?
SCHV has an expense ratio of 0.04% while VTV charges 0.03%. VTV is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, SCHV or VTV?
Over the past year SCHV returned +19.96% vs +21.94% for VTV, so VTV leads on 1-year performance. Over the longest common window we track (17 years), SCHV annualized +9.50% vs +10.39% for VTV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHV or VTV?
SCHV has been the more volatile fund at 14.1% annualized versus 13.9% for VTV. Worst drawdown: SCHV -37.1% vs VTV -36.8%.
Should I hold both SCHV and VTV?
SCHV and VTV have a monthly-return correlation of 0.99, 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 SCHV and VTV?
85.0% of VTV's money is in holdings SCHV also owns. 85.0% of VTV's is in holdings SCHV also owns. They hold 246 positions in common, counted across the 555 positions we hold weights for in SCHV and 299 in VTV.
Which pays a higher dividend, SCHV or VTV?
SCHV yields 1.77% while VTV yields 1.82%, so VTV currently pays the higher dividend yield.
Is VTV better than SCHV?
VTV has a lower expense ratio. VTV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. SCHV is less concentrated, with 20.4% of the fund in its ten largest positions against 22.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.