The Schwab U.S. Large-Cap Growth ETF (SCHG) is a passively managed fund with $49.29 billion in assets under management. SCHG seeks to track the Dow Jones U.S. Large-Cap Growth Total Stock Market Index, offering investors exposure to the growth segment of the U.S. large-cap market. With an expense ratio of just 0.04%, SCHG provides a cost-effective way to access a portfolio of approximately 198 growth-oriented companies, heavily weighted in technology and communication services.
The Schwab U.S. Large-Cap Growth ETF (SCHG) is a passively managed fund with $49.29 billion in assets under management. SCHG seeks to track the Dow Jones U.S. Large-Cap Growth Total Stock Market Index, offering investors exposure to the growth segment of the U.S. large-cap market. With an expense ratio of just 0.04%, SCHG provides a cost-effective way to access a portfolio of approximately 198 growth-oriented companies, heavily weighted in technology and communication services.
ETF Overview
The fund’s goal is to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index.
SCHG aims to replicate the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. This index focuses on the growth characteristics of large-cap U.S. companies, making SCHG suitable for investors seeking capital appreciation. The ETF's portfolio is heavily weighted towards the technology sector, which constitutes 43.0% of the fund, followed by Communication Services at 16.5% and Consumer Cyclical at 12.6%. Its top holdings include prominent growth stocks such as NVIDIA Corp (10.83%), Apple Inc (9.82%), and Microsoft Corp (7.34%). SCHG's investment strategy provides targeted exposure to companies with high growth potential within the large-cap universe, distinguishing it from broader market ETFs that may include value stocks or smaller companies. The fund's focus on growth stocks can lead to higher volatility but also the potential for greater returns compared to value-focused or blended ETFs. Past performance does not guarantee future results.
Risk Metrics
SCHG's risk profile is influenced by its concentration in specific sectors and individual holdings. The technology sector's significant 43.0% allocation exposes the ETF to sector-specific risks, such as regulatory changes or technological disruptions. Furthermore, the top 10 holdings account for a substantial portion of the fund's assets, with NVIDIA Corp alone representing 10.83% of the portfolio, indicating concentration risk. The ETF's beta of 1.19 suggests that it is more volatile than the overall market. Although the expense ratio of 0.04% is low, it still represents a minor drag on performance over time. Investors should be aware of these factors and consider their own risk tolerance before investing in SCHG. Past performance does not guarantee future results.
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Risk Metrics
Beta: 1.19
Questions & Answers
What is SCHG and what does it track?
The Schwab U.S. Large-Cap Growth ETF (SCHG) is designed to track the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. This index represents the growth segment of the U.S. large-cap stock market. By holding a diversified portfolio of approximately 198 stocks, SCHG provides investors with exposure to companies exhibiting strong growth characteristics. As of 2026-03-15, SCHG has $49.29 billion in assets under management and a net asset value (NAV) of $29.90 per share. The fund is rebalanced periodically to maintain its alignment with the underlying index.
What is the expense ratio for SCHG?
The expense ratio for SCHG is 0.04%. This means that for every $10,000 invested, the fund charges $4 in annual fees. This is significantly lower than the average expense ratio for equity ETFs, which is around 0.44%. The low expense ratio makes SCHG a cost-effective option for investors seeking exposure to large-cap growth stocks, as it minimizes the impact of fees on overall returns. The low expense ratio can contribute to better long-term performance, especially when compounded over time.
What are the top holdings in SCHG?
As of 2026-03-15, the top holdings in SCHG are concentrated in leading technology and growth companies. The largest holding is NVIDIA Corp, representing 10.83% of the fund's assets. Apple Inc is the second-largest holding at 9.82%, followed by Microsoft Corp at 7.34%. Amazon.com Inc constitutes 5.13% of the portfolio, and Meta Platforms Inc Class A accounts for 4.58%. These top holdings reflect SCHG's focus on growth-oriented companies within the large-cap universe.
Is SCHG a good long-term investment?
Whether SCHG is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon. SCHG offers exposure to the growth segment of the U.S. large-cap market, which has historically provided strong returns but can also be more volatile than the broader market. The fund's low expense ratio of 0.04% can contribute to long-term performance. SCHG may be worth researching's sector concentration, particularly in technology, and its beta of 1.19 when assessing its suitability for their portfolio. Past performance does not guarantee future results.
How does SCHG compare to similar ETFs?
SCHG competes with other ETFs that focus on large-cap growth stocks, such as IVW (iShares S&P 500 Growth ETF) and VUG (Vanguard Growth ETF). SCHG has an expense ratio of 0.04%, which is competitive with VUG's 0.04%, while IVW has a higher expense ratio. SCHG has $49.29 billion in AUM, making it a sizable and liquid ETF. While all three ETFs target large-cap growth stocks, they track different underlying indexes, which may result in slight variations in portfolio composition and performance. Investors should compare the index methodologies and historical performance of these ETFs to determine the best fit for their investment objectives.
Does SCHG pay dividends?
SCHG's dividend yield is 0.00% as of 2026-03-15. This indicates that the fund currently distributes minimal or no dividends to its shareholders. SCHG focuses primarily on capital appreciation through investments in growth stocks, which typically reinvest earnings rather than distributing them as dividends. Therefore, investors seeking regular income may find SCHG less appealing compared to dividend-focused ETFs. The fund's objective is to track the Dow Jones U.S. Large-Cap Growth Total Stock Market Index, which emphasizes growth rather than dividend payouts.