What is the expense ratio of IWF vs SCHG?

IWF has an expense ratio of 0.18%, while SCHG has an expense ratio of 0.04%.

IWF vs SCHG

iShares Russell 1000 Growth ETF vs Schwab U.S. Large-Cap Growth ETF

Last updated: 2026-04-10

IWF iShares

iShares Russell 1000 Growth ETF (IWF) is an exchange-traded fund issued by iShares that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a moderate expense ratio of 0.18%. The fund offers a modest dividend yield of 0.38%. Launched in 2000, the fund has a 26-year track record.

AUM: $116.5B ER: 0.18% Yield: 0.38% Since: May 22, 2000

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 0.41%. Launched in 2009, the fund has a 17-year track record.

AUM: $50.6B ER: 0.04% Yield: 0.41% Since: Dec 11, 2009

Quick Verdict

SCHG is significantly cheaper at 0.04% vs 0.18% expense ratio, saving you approximately $277 per $10,000 invested over 10 years. IWF has edged ahead over the past year (29.9% vs 27.6%).

Key Metrics

Metric	IWF	SCHG
Expense Ratio	0.18%	0.04%
Dividend Yield	0.4%	0.4%
Fund Family	iShares	Schwab
Category	US Large Cap Growth	US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

IWF +73.8%

SCHG +76.7%

Performance Comparison

Period	IWF	SCHG	Difference
1 Month	-1.05%	-0.96%	-0.09%
3 Months	-6.42%	-7.31%	+0.89%
6 Months	-4.69%	-4.79%	+0.10%
YTD	-5.33%	-6.14%	+0.81%
1 Year	+29.88%	+27.58%	+2.30%
3 Years	+84.44%	+89.00%	-4.56%
5 Years	+73.81%	+76.66%	-2.85%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	IWF Fees	SCHG Fees	You Save
$10,000	10 years	$357	$80	$277
$10,000	20 years	$1,529	$344	$1,185
$10,000	30 years	$4,912	$1,112	$3,800
$50,000	10 years	$1,786	$399	$1,387
$50,000	30 years	$24,558	$5,560	$18,998
$100,000	30 years	$49,116	$11,121	$37,995

Risk Metrics

Based on 5 years of daily returns

Metric	IWF	SCHG
Annualized Volatility	21.4%	22.3%
Max Drawdown	-33.1%	-35.0%
Sharpe Ratio	0.42	0.42

Dividend Comparison

Metric	IWF	SCHG
Annual Dividend (per share)	$1.69	$0.13
Dividend Yield	0.38%	0.41%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

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

IWF Top Holdings

Name	Weight
NVIDIA CorporationNVDA	12.99%
Apple Inc.AAPL	11.43%
Microsoft CorporationMSFT	8.59%
Broadcom Inc.AVGO	5.22%
Amazon.com, Inc.AMZN	4.76%
Meta Platforms, Inc.META	3.56%
Tesla, Inc.TSLA	3.15%
Alphabet Inc.GOOG	3.03%
Eli Lilly and CompanyLLY	2.65%

SCHG Top Holdings

Name	Weight
NVIDIA CorporationNVDA	11.69%
Apple Inc.AAPL	10.04%
Microsoft CorporationMSFT	7.34%
Amazon.com, Inc.AMZN	5.71%
Broadcom Inc.AVGO	4.39%
Alphabet Inc.GOOG	3.89%
Meta Platforms, Inc.META	3.65%
Tesla, Inc.TSLA	3.36%
Eli Lilly and CompanyLLY	2.87%

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.

Choose IWF if...

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

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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