SCHG ETF — Holdings & Analysis

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.

Schwab U.S. Large-Cap Growth ETF (SCHG) ETF — Price, Holdings & Analysis

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.

Expense Ratio

0.04%

What does SCHG hold?

Holding	Weight
NVIDIA Corp (NVDA)	10.83%
Apple Inc (AAPL)	9.82%
Microsoft Corp (MSFT)	7.34%
Amazon.com Inc (AMZN)	5.13%
Meta Platforms Inc Class A (META)	4.58%
Alphabet Inc Class A (GOOGL)	4.56%
Tesla Inc (TSLA)	4.22%
Broadcom Inc (AVGO)	3.93%
Alphabet Inc Class C (GOOG)	3.64%
Eli Lilly and Co (LLY)	3.17%

How Is the Fund Allocated?

Sector	Weight
Technology	43.0%
Communication Services	16.5%
Consumer Cyclical	12.6%
Healthcare	9.3%
Financial Services	7.1%
Industrials	6.3%
Consumer Defensive	1.9%
Basic Materials	1.5%
Energy	0.8%
Real Estate	0.5%
Utilities	0.5%

Country	Weight
United States	98.2%
United Kingdom	0.9%
Ireland	0.4%
Switzerland	0.2%
Korea (the Republic of)	0.1%
Canada	0.1%
Australia	0.1%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio

Schwab U.S. Broad Market ETF (SCHB) (Equity) — 0.03% expense ratio
Schwab International Equity ETF (SCHF) (Equity) — 0.03% expense ratio
Schwab U.S. Large-Cap ETF (SCHX) (Equity) — 0.03% expense ratio

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.

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%.

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%.

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.

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.

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.