ETF Versus

SCHA vs SCHV

Schwab U.S. Small-Cap ETF vs Schwab U.S. Large-Cap Value ETF

Last updated: 2026-04-02

SCHA Schwab

Schwab U.S. Small-Cap ETF (SCHA) is an exchange-traded fund issued by Schwab that provides exposure to small-cap U.S. equities with higher growth potential and volatility. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.16%. Launched in 2009, the fund has a 17-year track record.

AUM: $19.4B ER: 0.04% Yield: 1.16% Since: Nov 3, 2009
SCHV Schwab

Schwab U.S. Large-Cap Value ETF (SCHV) is an exchange-traded fund issued by Schwab that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.96%. Launched in 2009, the fund has a 17-year track record.

AUM: $14.6B ER: 0.04% Yield: 1.96% Since: Dec 11, 2009

Quick Verdict

Over the past year, SCHA has significantly outperformed with a 25.0% return vs 15.2%. Income investors may prefer SCHV for its higher yield (2.0% vs 1.2%).

Key Metrics

Metric SCHA SCHV
Expense Ratio 0.04% 0.04%
Dividend Yield 1.2% 2.0%
Fund Family Schwab Schwab
Category US Small Cap US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

75 90 105 120 135 150 2021-04 2022-06 2023-09 2024-12 2026-04
SCHA +15.6%
SCHV +38.4%

Performance Comparison

Period SCHA SCHV Difference
1 Month -4.46% -4.76% +0.30%
3 Months +1.91% +2.41% -0.50%
6 Months +3.86% +4.65% -0.79%
YTD +1.91% +2.41% -0.50%
1 Year +25.00% +15.24% +9.76%
3 Years +40.06% +39.35% +0.71%
5 Years +15.59% +38.43% -22.84%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SCHA Fees SCHV Fees You Save
$10.000 10 years $80 $80 $0
$10.000 20 years $344 $344 $0
$10.000 30 years $1.112 $1.112 $0
$50.000 10 years $399 $399 $0
$50.000 30 years $5.560 $5.560 $0
$100.000 30 years $11.121 $11.121 $0

Risk Metrics

Based on 5 years of daily returns

Metric SCHA SCHV
Annualized Volatility 22.0% 14.6%
Max Drawdown -31.6% -21.1%
Sharpe Ratio 0.04 0.21

Dividend Comparison

Metric SCHA SCHV
Annual Dividend (per share) $0.34 $0.60
Dividend Yield 1.16% 1.96%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 10 holdings overlap (0% overlap in top holdings)

SCHA Top Holdings

NameWeight
Sandisk CorporationSNDK2.27%
Lumentum Holdings Inc.LITE1.25%
ATI Inc.ATI0.48%
Nextpower Inc.NXT0.44%
Coeur Mining, Inc.CDE0.44%
Revolution Medicines, Inc.RVMD0.42%
EchoStar CorporationSATS0.39%
MKS Inc.MKSI0.37%
MACOM Technology Solutions Holdings, Inc.MTSI0.36%
The New York Times CompanyNYT0.33%

SCHV Top Holdings

NameWeight
Berkshire Hathaway Inc.BRK.B3.09%
JPMorgan Chase & Co.JPM2.74%
Exxon Mobil CorporationXOM2.57%
Johnson & JohnsonJNJ2.08%
Walmart Inc.WMT1.94%
Micron Technology, Inc.MU1.44%
Chevron CorporationCVX1.42%
AbbVie Inc.ABBV1.33%
The Procter & Gamble CompanyPG1.19%
Caterpillar Inc.CAT1.16%

Which One Should You Choose?

Choose SCHA if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose SCHV if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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