ETF Versus

SCHV vs VTV

Schwab U.S. Large-Cap Value ETF vs Vanguard Value Index Fund ETF Shares

Last updated: 2026-04-02

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
VTV Vanguard

Vanguard Value Index Fund ETF Shares (VTV) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 2.02%. Launched in 2004, the fund has a 22-year track record.

AUM: $162.0B ER: 0.03% Yield: 2.02% Since: Jan 26, 2004

Quick Verdict

Both funds have nearly identical expense ratios (0.03% vs 0.04%), so fees are not a differentiator here. SCHV has edged ahead over the past year (15.2% vs 14.1%).

Key Metrics

Metric SCHV VTV
Expense Ratio 0.04% 0.03%
Dividend Yield 2.0% 2.0%
Fund Family Schwab Vanguard
Category US Large Cap Value US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

85 100 115 130 145 160 2021-04 2022-06 2023-09 2024-12 2026-04
SCHV +38.4%
VTV +47.7%

Performance Comparison

Period SCHV VTV Difference
1 Month -4.76% -4.90% +0.14%
3 Months +2.41% +2.00% +0.41%
6 Months +4.65% +4.87% -0.22%
YTD +2.41% +2.00% +0.41%
1 Year +15.24% +14.12% +1.12%
3 Years +39.35% +41.26% -1.91%
5 Years +38.43% +47.66% -9.23%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

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

Risk Metrics

Based on 5 years of daily returns

Metric SCHV VTV
Annualized Volatility 14.6% 13.9%
Max Drawdown -21.1% -18.1%
Sharpe Ratio 0.21 0.31

Dividend Comparison

Metric SCHV VTV
Annual Dividend (per share) $0.60 $3.97
Dividend Yield 1.96% 2.02%
Distribution Frequency Quarterly Quarterly

Top Holdings

9 of top 10 holdings overlap (90% overlap in top holdings)

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%

VTV Top Holdings

NameWeight
Berkshire Hathaway Inc.BRK.B3.07%
JPMorgan Chase & Co.JPM2.98%
Exxon Mobil CorporationXOM2.50%
Johnson & JohnsonJNJ2.33%
Walmart Inc.WMT2.18%
Micron Technology, Inc.MU1.81%
AbbVie Inc.ABBV1.60%
The Procter & Gamble CompanyPG1.52%
The Home Depot, Inc.HD1.47%
Chevron CorporationCVX1.39%

Which One Should You Choose?

Either works if...

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

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