ETF Versus

SCHB vs SCHV

Schwab U.S. Broad Market ETF vs Schwab U.S. Large-Cap Value ETF

Last updated: 2026-04-02

SCHB Schwab

Schwab U.S. Broad Market ETF (SCHB) is an exchange-traded fund issued by Schwab that provides exposure to the total U.S. stock market across all capitalizations. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.17%. Launched in 2009, the fund has a 17-year track record.

AUM: $36.0B ER: 0.03% Yield: 1.17% 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

Both funds have nearly identical expense ratios (0.03% vs 0.04%), so fees are not a differentiator here. SCHB has edged ahead over the past year (17.1% vs 15.2%). Income investors may prefer SCHV for its higher yield (2.0% vs 1.2%).

Key Metrics

Metric SCHB SCHV
Expense Ratio 0.03% 0.04%
Dividend Yield 1.2% 2.0%
Fund Family Schwab Schwab
Category US Total Market US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

80 97 114 131 148 165 2021-04 2022-06 2023-09 2024-12 2026-04
SCHB +53.3%
SCHV +38.4%

Performance Comparison

Period SCHB SCHV Difference
1 Month -4.60% -4.76% +0.16%
3 Months -3.84% +2.41% -6.25%
6 Months -2.09% +4.65% -6.74%
YTD -3.84% +2.41% -6.25%
1 Year +17.08% +15.24% +1.84%
3 Years +58.12% +39.35% +18.77%
5 Years +53.27% +38.43% +14.84%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SCHB Fees SCHV Fees You Save
$10.000 10 years $60 $80 $20
$10.000 20 years $258 $344 $86
$10.000 30 years $835 $1.112 $277
$50.000 10 years $299 $399 $100
$50.000 30 years $4.176 $5.560 $1.385
$100.000 30 years $8.352 $11.121 $2.769

Risk Metrics

Based on 5 years of daily returns

Metric SCHB SCHV
Annualized Volatility 17.3% 14.6%
Max Drawdown -26.2% -21.1%
Sharpe Ratio 0.32 0.21

Dividend Comparison

Metric SCHB SCHV
Annual Dividend (per share) $0.30 $0.60
Dividend Yield 1.17% 1.96%
Distribution Frequency Quarterly Quarterly

Top Holdings

1 of top 9 holdings overlap (11% overlap in top holdings)

SCHB Top Holdings

NameWeight
NVIDIA CorporationNVDA6.59%
Apple Inc.AAPL5.91%
Microsoft CorporationMSFT4.29%
Amazon.com, Inc.AMZN3.15%
Broadcom Inc.AVGO2.31%
Alphabet Inc.GOOG2.07%
Meta Platforms, Inc.META1.86%
Tesla, Inc.TSLA1.65%
Berkshire Hathaway Inc.BRK.B1.39%

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 SCHV if...

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

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