ETF Versus

SCHE vs SCHG

Schwab Emerging Markets Equity ETF vs Schwab U.S. Large-Cap Growth ETF

Last updated: 2026-04-10

SCHE Schwab

Schwab Emerging Markets Equity ETF (SCHE) is an exchange-traded fund issued by Schwab that provides exposure to stocks in emerging market economies with higher growth potential. It charges a low expense ratio of 0.07%. The fund offers an attractive dividend yield of 2.73%. Launched in 2010, the fund has a 16-year track record.

AUM: $12.0B ER: 0.07% Yield: 2.73% Since: Jan 14, 2010
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 has a slightly lower expense ratio (0.04% vs 0.07%), saving about $60 per $10,000 over 10 years. Over the past year, SCHE has significantly outperformed with a 35.1% return vs 27.6%. Income investors may prefer SCHE for its higher yield (2.7% vs 0.4%).

Key Metrics

Metric SCHE SCHG
Expense Ratio 0.07% 0.04%
Dividend Yield 2.7% 0.4%
Fund Family Schwab Schwab
Category Emerging Markets US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

65 91 117 143 169 195 2021-04 2022-07 2023-10 2025-01 2026-04
SCHE +9.4%
SCHG +76.7%

Performance Comparison

Period SCHE SCHG Difference
1 Month +2.22% -0.96% +3.18%
3 Months +0.61% -7.31% +7.92%
6 Months +3.88% -4.79% +8.67%
YTD +3.16% -6.14% +9.30%
1 Year +35.14% +27.58% +7.56%
3 Years +40.07% +89.00% -48.93%
5 Years +9.40% +76.66% -67.26%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SCHE Fees SCHG Fees You Save
$10,000 10 years $140 $80 $60
$10,000 20 years $600 $344 $256
$10,000 30 years $1,938 $1,112 $826
$50,000 10 years $698 $399 $298
$50,000 30 years $9,692 $5,560 $4,131
$100,000 30 years $19,383 $11,121 $8,263

Risk Metrics

Based on 5 years of daily returns

Metric SCHE SCHG
Annualized Volatility 17.8% 22.3%
Max Drawdown -35.8% -35.0%
Sharpe Ratio -0.06 0.42

Dividend Comparison

Metric SCHE SCHG
Annual Dividend (per share) $0.94 $0.13
Dividend Yield 2.73% 0.41%
Distribution Frequency Semi-Annual or Annual Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

SCHE Top Holdings

NameWeight
Taiwan Semiconductor Manufacturing Company Limited!tpe/233014.12%
Tencent Holdings Limited!hkg/07003.97%
Alibaba Group Holding Limited!otc/BABAF2.78%
Reliance Industries Limited!nse/RELIANCE0.98%
China Construction Bank Corporation!hkg/09390.96%
HDFC Bank Limited!nse/HDFCBANK0.96%
Delta Electronics, Inc.!tpe/23080.88%
PDD Holdings Inc.PDD0.79%
Hon Hai Precision Industry Co., Ltd.!tpe/23170.75%

SCHG Top Holdings

NameWeight
NVIDIA CorporationNVDA11.69%
Apple Inc.AAPL10.04%
Microsoft CorporationMSFT7.34%
Amazon.com, Inc.AMZN5.71%
Broadcom Inc.AVGO4.39%
Alphabet Inc.GOOG3.89%
Meta Platforms, Inc.META3.65%
Tesla, Inc.TSLA3.36%
Eli Lilly and CompanyLLY2.87%

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 SCHE if...

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

Choose SCHE if...

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

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