ETF Versus

SCHB vs SCHV

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

Last updated: 2026-04-10

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 1.13%. Launched in 2009, the fund has a 17-year track record.

AUM: $38.5B ER: 0.03% Yield: 1.13% 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 1.90%. Launched in 2009, the fund has a 17-year track record.

AUM: $15.3B ER: 0.04% Yield: 1.90% 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 (30.1% vs 28.9%). Income investors may prefer SCHV for its higher yield (1.9% vs 1.1%).

Key Metrics

Metric SCHB SCHV
Expense Ratio 0.03% 0.04%
Dividend Yield 1.1% 1.9%
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 2022-07 2023-10 2025-01 2026-04
SCHB +57.1%
SCHV +42.1%

Performance Comparison

Period SCHB SCHV Difference
1 Month +0.69% +1.60% -0.91%
3 Months -2.24% +2.83% -5.07%
6 Months +2.54% +9.62% -7.08%
YTD -0.27% +5.48% -5.75%
1 Year +30.09% +28.88% +1.21%
3 Years +64.72% +43.16% +21.56%
5 Years +57.06% +42.06% +15.00%

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 0.35 0.25

Dividend Comparison

Metric SCHB SCHV
Annual Dividend (per share) $0.30 $0.60
Dividend Yield 1.12% 1.90%
Distribution Frequency Quarterly Quarterly

Top Holdings

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

SCHB Top Holdings

NameWeight
NVIDIA CorporationNVDA6.76%
Apple Inc.AAPL5.81%
Microsoft CorporationMSFT4.32%
Amazon.com, Inc.AMZN3.26%
Broadcom Inc.AVGO2.47%
Alphabet Inc.GOOG2.22%
Meta Platforms, Inc.META1.96%
Tesla, Inc.TSLA1.52%
Berkshire Hathaway Inc.BRK.B1.37%

SCHV Top Holdings

NameWeight
Berkshire Hathaway Inc.BRK.B3.09%
JPMorgan Chase & Co.JPM2.83%
Exxon Mobil CorporationXOM2.42%
Johnson & JohnsonJNJ2.03%
Walmart Inc.WMT1.89%
Micron Technology, Inc.MU1.50%
Chevron CorporationCVX1.33%
AbbVie Inc.ABBV1.29%
Caterpillar Inc.CAT1.19%
Bank of America CorporationBAC1.18%

Which One Should You Choose?

Choose SCHV if...

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

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