What is the expense ratio of IWF vs SCHG?

IWF has an expense ratio of 0.18%, while SCHG has an expense ratio of 0.04%.

IWF vs SCHG

iShares Russell 1000 Growth ETF vs Schwab U.S. Large-Cap Growth ETF

Last updated: 2026-04-02

IWF iShares

iShares Russell 1000 Growth ETF (IWF) is an exchange-traded fund issued by iShares that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a moderate expense ratio of 0.18%. The fund offers a modest dividend yield of 0.39%. Launched in 2000, the fund has a 26-year track record.

AUM: $108.0B ER: 0.18% Yield: 0.39% Since: May 22, 2000

SCHG Schwab

Schwab U.S. Large-Cap Growth ETF (SCHG) is an exchange-traded fund issued by Schwab that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a very low expense ratio of 0.04%. The fund offers a modest dividend yield of 0.43%. Launched in 2009, the fund has a 17-year track record.

AUM: $46.7B ER: 0.04% Yield: 0.43% Since: Dec 11, 2009

Quick Verdict

SCHG is significantly cheaper at 0.04% vs 0.18% expense ratio, saving you approximately $277 per $10,000 invested over 10 years. IWF has edged ahead over the past year (18.2% vs 16.5%).

Key Metrics

Metric	IWF	SCHG
Expense Ratio	0.18%	0.04%
Dividend Yield	0.4%	0.4%
Fund Family	iShares	Schwab
Category	US Large Cap Growth	US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

IWF +71.3%

SCHG +75.0%

Performance Comparison

Period	IWF	SCHG	Difference
1 Month	-4.73%	-4.57%	-0.16%
3 Months	-8.83%	-9.51%	+0.68%
6 Months	-8.48%	-8.35%	-0.13%
YTD	-8.83%	-9.51%	+0.68%
1 Year	+18.20%	+16.52%	+1.68%
3 Years	+75.80%	+80.24%	-4.44%
5 Years	+71.26%	+74.98%	-3.72%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	IWF Fees	SCHG Fees	You Save
$10.000	10 years	$357	$80	$277
$10.000	20 years	$1.529	$344	$1.185
$10.000	30 years	$4.912	$1.112	$3.800
$50.000	10 years	$1.786	$399	$1.387
$50.000	30 years	$24.558	$5.560	$18.998
$100.000	30 years	$49.116	$11.121	$37.995

Risk Metrics

Based on 5 years of daily returns

Metric	IWF	SCHG
Annualized Volatility	21.4%	22.3%
Max Drawdown	-33.1%	-35.0%
Sharpe Ratio	0.40	0.41

Dividend Comparison

Metric	IWF	SCHG
Annual Dividend (per share)	$1.69	$0.13
Dividend Yield	0.39%	0.43%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

9 of top 9 holdings overlap (100% overlap in top holdings)

IWF Top Holdings

Name	Weight
NVIDIA CorporationNVDA	12.82%
Apple Inc.AAPL	11.79%
Microsoft CorporationMSFT	8.78%
Broadcom Inc.AVGO	4.81%
Amazon.com, Inc.AMZN	4.61%
Tesla, Inc.TSLA	3.57%
Meta Platforms, Inc.META	3.28%
Alphabet Inc.GOOG	2.83%
Eli Lilly and CompanyLLY	2.62%

SCHG Top Holdings

Name	Weight
NVIDIA CorporationNVDA	11.56%
Apple Inc.AAPL	10.37%
Microsoft CorporationMSFT	7.52%
Amazon.com, Inc.AMZN	5.53%
Broadcom Inc.AVGO	4.05%
Tesla, Inc.TSLA	3.81%
Alphabet Inc.GOOG	3.63%
Meta Platforms, Inc.META	3.37%
Eli Lilly and CompanyLLY	2.85%

Which One Should You Choose?

Choose SCHG if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Either works if...

you just need broad us large cap growth exposure. Both are solid options — pick whichever your brokerage offers commission-free.

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