SCHV vs SCHZ
Schwab U.S. Large-Cap Value ETF vs Schwab U.S. Aggregate Bond ETF
Last updated: 2026-04-02
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.
Schwab U.S. Aggregate Bond ETF (SCHZ) is an exchange-traded fund issued by Schwab that provides exposure to the broad U.S. investment-grade bond market. It charges a very low expense ratio of 0.03%. The fund offers a high dividend yield of 4.09%. Launched in 2011, the fund has a 15-year track record.
Quick Verdict
Both funds have nearly identical expense ratios (0.03% vs 0.04%), so fees are not a differentiator here. Over the past year, SCHV has significantly outperformed with a 15.2% return vs -0.1%. Income investors may prefer SCHZ for its higher yield (4.1% vs 2.0%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
SCHV Top Holdings
| Name | Weight |
|---|---|
| Berkshire Hathaway Inc.BRK.B | 3.09% |
| JPMorgan Chase & Co.JPM | 2.74% |
| Exxon Mobil CorporationXOM | 2.57% |
| Johnson & JohnsonJNJ | 2.08% |
| Walmart Inc.WMT | 1.94% |
| Micron Technology, Inc.MU | 1.44% |
| Chevron CorporationCVX | 1.42% |
| AbbVie Inc.ABBV | 1.33% |
| The Procter & Gamble CompanyPG | 1.19% |
| Caterpillar Inc.CAT | 1.16% |
Which One Should You Choose?
Choose SCHV if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose SCHZ if...
you prioritize dividend income and want higher regular distributions from your portfolio.