What is the expense ratio of SCHG vs VONG?

SCHG has an expense ratio of 0.04%, while VONG has an expense ratio of 0.06%.

SCHG vs VONG

Schwab U.S. Large-Cap Growth ETF vs Vanguard Russell 1000 Growth Index Fund ETF Shares

Last updated: 2026-04-02

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

VONG

Vanguard Russell 1000 Growth Index Fund ETF Shares (VONG) is an exchange-traded fund that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a low expense ratio of 0.06%. The fund offers a modest dividend yield of 0.50%. Launched in 2010, the fund has a 16-year track record.

AUM: $35.8B ER: 0.06% Yield: 0.50% Since: Sep 20, 2010

Quick Verdict

SCHG has a slightly lower expense ratio (0.04% vs 0.06%), saving about $40 per $10,000 over 10 years. VONG has edged ahead over the past year (18.1% vs 16.5%).

Key Metrics

Metric	SCHG	VONG
Expense Ratio	0.04%	0.06%
Dividend Yield	0.4%	0.5%
Fund Family	Schwab	N/A
Category	US Large Cap Growth	US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

SCHG +75.0%

VONG +71.4%

Performance Comparison

Period	SCHG	VONG	Difference
1 Month	-4.57%	-4.74%	+0.17%
3 Months	-9.51%	-8.85%	-0.66%
6 Months	-8.35%	-8.46%	+0.11%
YTD	-9.51%	-8.85%	-0.66%
1 Year	+16.52%	+18.14%	-1.62%
3 Years	+80.24%	+75.87%	+4.37%
5 Years	+74.98%	+71.39%	+3.59%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	SCHG Fees	VONG Fees	You Save
$10.000	10 years	$80	$120	$40
$10.000	20 years	$344	$515	$171
$10.000	30 years	$1.112	$1.664	$552
$50.000	10 years	$399	$598	$199
$50.000	30 years	$5.560	$8.318	$2.758
$100.000	30 years	$11.121	$16.637	$5.516

Risk Metrics

Based on 5 years of daily returns

Metric	SCHG	VONG
Annualized Volatility	22.3%	21.3%
Max Drawdown	-35.0%	-33.2%
Sharpe Ratio	0.41	0.40

Dividend Comparison

Metric	SCHG	VONG
Annual Dividend (per share)	$0.13	$0.56
Dividend Yield	0.43%	0.50%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

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

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%

VONG Top Holdings

Name	Weight
NVIDIA CorporationNVDA	12.18%
Apple Inc.AAPL	11.35%
Microsoft CorporationMSFT	8.64%
Broadcom Inc.AVGO	4.59%
Amazon.com, Inc.AMZN	4.33%
Meta Platforms, Inc.META	3.76%
Tesla, Inc.TSLA	3.58%
Eli Lilly and CompanyLLY	2.94%
Alphabet Inc.GOOG	2.92%

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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