ETF Versus

SCHV vs VTV

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

Last updated: 2026-04-10

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
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 1.97%. Launched in 2004, the fund has a 22-year track record.

AUM: $168.0B ER: 0.03% Yield: 1.97% 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 (28.9% vs 26.4%).

Key Metrics

Metric SCHV VTV
Expense Ratio 0.04% 0.03%
Dividend Yield 1.9% 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 99 113 127 141 155 2021-04 2022-07 2023-10 2025-01 2026-04
SCHV +42.1%
VTV +50.8%

Performance Comparison

Period SCHV VTV Difference
1 Month +1.60% +1.13% +0.47%
3 Months +2.83% +2.41% +0.42%
6 Months +9.62% +9.27% +0.35%
YTD +5.48% +4.58% +0.90%
1 Year +28.88% +26.35% +2.53%
3 Years +43.16% +44.02% -0.86%
5 Years +42.06% +50.81% -8.75%

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% 14.0%
Max Drawdown -21.1% -18.1%
Sharpe Ratio 0.25 0.34

Dividend Comparison

Metric SCHV VTV
Annual Dividend (per share) $0.60 $3.97
Dividend Yield 1.90% 1.97%
Distribution Frequency Quarterly Quarterly

Top Holdings

8 of top 10 holdings overlap (80% overlap in top holdings)

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%

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?

Choose SCHV 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 value exposure. Both are solid options — pick whichever your brokerage offers commission-free.

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