SCHG vs SCHV ETF Comparison

Compare SCHG and SCHV across fund costs, diversification, holdings, performance, income, risk and current AlgovestIQ evidence.

Market data as of Sep 5, 2026 market close· Fund characteristics as of Sep 5, 2026
SCHG
Schwab
vs
SCHV
Schwab
SCHG
Schwab U.S. Large-Cap Growth ETF
Issuer
Schwab
Fund type
Equity
Index
-
Inception
2009-12-11
SCHV
Schwab U.S. Large-Cap Value ETF
Issuer
Schwab
Fund type
Equity
Index
-
Inception
2009-12-11

What is the main difference between SCHG and SCHV?

SCHG is Schwab U.S. Large-Cap Growth ETF, while SCHV is Schwab U.S. Large-Cap Value ETF. SCHG is tied to Equity; SCHV is tied to Equity. SCHV is broader by holdings count, with 556 positions versus 194 for SCHG. SCHG is more concentrated at the top, based on top-10 holdings weight.

Expense ratio
SCHG
0.04%
SCHV
0.04%
Lower annual fund cost
Holdings
SCHG
194
SCHV
556
Broader reported basketSCHV
Annualized volatility
SCHG
16.7%
SCHV
11.3%
Lower realized volatilitySCHV
MetricSCHGSCHVType
Expense ratio0.04%0.04%Fund
Assets under management$62.5B$15.7BFund
Holdings194556Fund
Top-10 concentration78.9%35.3%Fund
Average volume13,892,0191,870,113Fund
Underlying exposureEquityEquityFund
Annualized volatility16.7%11.3%Risk
Max drawdown-16.6%-7.3%Risk
Beta1.230.69Risk
Sharpe ratio0.811.47Risk
Sortino ratio1.202.34Risk
AIQ Score58/10057/100AlgovestIQ
AIQ Edge Score7/107/10AlgovestIQ
Momentum62/10048/100AlgovestIQ
Risk Resilience78/10082/100AlgovestIQ

AlgovestIQ AIQ Comparison

Schwab U.S. Large-Cap Growth ETF vs Schwab U.S. Large-Cap Value ETF

Data as of Sep 5, 2026· market close· Factor / Style / Smart Beta· Coverage 54/66 fields· Moderate confidence
AIQ VerdictFragileAIQ Comparison Conviction 2/10

SCHG leads

SCHG leads by 1 AIQ points, primarily on Momentum and Quality, having only recently taken the lead back from SCHV.

Fragile: 1 of 4 evidence groups support SCHG, the lead recently changed hands, and its current signal state is conflicted.

Evidence agreement: 1 of 4Comparison trend: Reversed
SCHG

Schwab U.S. Large-Cap Growth ETF

Leads
AIQ Score
58/100
AIQ Edge Score
7/10
SCHV

Schwab U.S. Large-Cap Value ETF

AIQ Score
57/100
AIQ Edge Score
7/10

The Algovestiq AIQ Score currently favors SCHG over SCHV, 58 versus 57 as of Sep 5, 2026. SCHG's advantage is driven primarily by stronger momentum and quality, while SCHV holds the stronger value profile. SCHG also shows the stronger technical structure relative to its 50-day moving average. 1 of 4 covered evidence groups favor SCHG today, and the comparison is rated Fragile on stability: the AIQ gap is narrow at 1 points. SCHG lead: Reversed — SCHV led by 2 AIQ points 30 sessions ago; SCHG now leads by 1.

Compare Schwab U.S. Large-Cap Growth ETF and Schwab U.S. Large-Cap Value ETF across performance, expense ratio, dividend yield, drawdown, volatility and the Algovestiq AIQ Score.

Compare SCHG and SCHV against another ticker

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AIQ Factor Divergence

Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.

SCHG advantage
0
SCHV advantage
  • Value30%30 vs 45
    SCHV +15
  • Momentum25%62 vs 48
    SCHG +14
  • Quality30%71 vs 64
    SCHG +7
  • Risk Resilience15%78 vs 82
    SCHV +4

1 of 4 evidence groups favor SCHG. SCHG’s edge is concentrated in momentum and quality; SCHV keeps a meaningful value edge.

What changed since the last close

Latest scored session 2026-09-03, compared against the prior scored session 2026-09-02.

SCHG+3 AIQ

Largest factor move: Momentum +9

No new signals fired.

SCHV+4 AIQ

Largest factor move: Momentum +17

New signals

  • Uptrend Structure Active bullish, trend, long horizon

SCHG's lead narrowed by 1 AIQ points in the latest snapshot.

Deeper signal detail for each name lives on its own signals page — SCHG and SCHV both carry a full feed there.

The central trade-off

SCHG (Schwab U.S. Large-Cap Growth ETF): the stronger current systematic profile, led by momentum and quality.

SCHV (Schwab U.S. Large-Cap Value ETF): the counter-case, on value, risk resilience, valuation.

Which one fits your objective

The same two names rank differently depending on what you are optimizing for. All six reads are shown at once — none of them is hidden behind a toggle.

Balanced

SCHG

SCHG on the overall AIQ Score, which weights Quality and Value at 30% each.

Growth

Even

Growth figures are not covered for both names.

Value

SCHV

SCHV on the peer-relative Value factor, by 15 points.

Momentum

SCHG

SCHG on the Momentum factor, by 14 points.

Lower downside

SCHV

SCHV on Risk Resilience, by 4 points.

Analyst upside

Even

Analyst targets are level or not covered for both names.

Fund facts, side by side

Two funds tracking overlapping universes are separated by cost and risk far more than by holdings. Those lead here.

MeasureSCHGSCHVWhy it matters
Expense ratio0.04%0.04%Lower is better — it compounds against you every year you hold.
Assets under management$62.5B$15.7BLarger funds generally carry tighter spreads.
Holdings196559More holdings means broader diversification, not better returns.
Average volume13,892,0191,870,113Liquidity — matters most if you trade size.
Annualized volatility16.7%11.3%Lower is a steadier ride for the same exposure.
Max drawdown-16.6%-7.3%The worst peak-to-trough loss on record for the fund.
Sharpe ratio0.811.47Return per unit of risk. Higher is better.
Beta1.230.69Sensitivity to the broad market. Neither direction is better — it depends on the role in your portfolio.

Where the exposure actually sits

SCHG and SCHV share 0.08% of their weighted exposure across 2 common holdings.

Technology46.2% vs 19.5%
Financial Services8.2% vs 20.1%
Communication Services13.3% vs 2.2%
Industrials6.8% vs 13.9%
Consumer Defensive1.9% vs 8.3%
Energy0.9% vs 6.6%
Utilities0.4% vs 4.2%
Consumer Cyclical10.3% vs 6.7%
SCHGSCHV

SCHG is the more concentrated of the two: its ten largest positions are 78.87% of the fund, against 35.33% for SCHV (194 holdings vs 556). Concentration cuts both ways — it is what drives outperformance when the top names work, and what makes the drawdown deeper when they do not.

192 holdings are unique to SCHG and 554 to SCHV. Owning both is genuinely additive — most of the capital sits in different securities.

Largest shared positions

HoldingSCHGSCHVShared
GVMXXSSC GOVERNMENT MM GVMXX0.12%0.07%0.07%
USDUS DOLLAR0.01%0.01%0.01%

Shared weight is the lower of the two positions — the portion of capital both funds genuinely have in the same security.

ETF comparison questions

Short answers to the fund-specific questions behind this comparison.

Which ETF is more diversified, SCHG or SCHV?

SCHV currently has more reported holdings, with 556 positions versus 194.

Which has the lower expense ratio?

The current fund profile does not show a lower-cost winner.

Which ETF has the higher distribution yield?

The current dataset does not show a higher-yield winner.

Which ETF has been more volatile?

SCHG has the higher annualized volatility in the current risk snapshot.

Which ETF has had the smaller drawdown?

SCHV has the less severe max drawdown in the current risk snapshot.

Which ETF has the stronger current AlgovestIQ evidence?

SCHG currently leads on supporting AlgovestIQ evidence, 58 to 57.

AIQ Agreement Matrix

1 of 4 covered evidence groups favor SCHG. A wide gap backed by one group is a weaker case than a narrow gap backed by five.

Evidence groupFavorsReading
AIQ ScoreEven58 vs 57
FundamentalsNot coveredNot covered
ValuationSCHVValue 30 vs 45
TechnicalsSCHGPrice vs 50-day 2.3% vs 0.8%; vs 200-day 9.2% vs 7.9%
Risk ResilienceSCHVRisk Resilience 78 vs 82
Analyst expectationsNot coveredNot covered

✓ agrees with the overall verdict · ✕ points the other way. Groups marked “not covered” lack data on one or both of SCHG and SCHV and are excluded from the count.

AIQ Decision Stability

Fragile

The conclusion is sensitive to small changes. Treat the lead as provisional and watch the flip conditions below.

  • The AIQ gap is narrow at 1 points. (argues the conclusion is provisional)
  • Only 1 of 4 covered evidence groups agree. (argues the conclusion is provisional)
  • The lead has already changed hands inside the comparison window. (argues the conclusion is provisional)
  • The lead has been steady session to session. (supports the conclusion holding)
  • The leader is throwing conflicting signals. (argues the conclusion is provisional)

Stability combines the score gap, how broadly the evidence agrees, how steady the lead has been across daily snapshots, the current signal state on both names, and analyst dispersion on SCHG.

How the comparison changed

120 daily snapshots · Apr 22 Sep 3

SCHG lead: Reversed — SCHV led by 2 AIQ points 30 sessions ago; SCHG now leads by 1.

Apr 22SCHG leads above the line · SCHV leads belowSep 3
Today
SCHG +1
58 vs 57
7 sessions ago
SCHV +2
57 vs 59
30 sessions ago
SCHV +2
61 vs 63
90 sessions ago
SCHV +4
58 vs 62

The lead changed hands 3 times in this window, most recently on Aug 31 when SCHG moved ahead of SCHV.

AIQ Signal Divergence

Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.

SCHGConflicted

4 bullish / 1 bearish / 2 neutral, conflicted

  • Golden Cross Active bullish, trend, long horizon (5.81%)
  • Bollinger Band Squeeze neutral, volatility, short horizon
  • EMA Ribbon Expansion Bullish bullish, trend, medium horizon
SCHVConflicted

4 bullish / 1 bearish / 3 neutral, conflicted

  • Golden Cross Active bullish, trend, long horizon (7.22%)
  • Bollinger Band Squeeze neutral, volatility, short horizon
  • EMA Ribbon Expansion Bullish bullish, trend, medium horizon

SCHG leads the comparison while carrying a conflicted signal state, which is one reason the stability rating is not higher.

Price vs model alignment

Whether the latest session's price move confirms what the model did over the same session, or contradicts it.

SCHGDivergence

Price is down while the AIQ Score moved up 3 points over the same session — price and model disagree (price -0.86%, AIQ +3 points).

SCHVConfirmed strength

Price and the AIQ Score both moved up over the latest session (price +0.17%, AIQ +4 points).

What would flip this result

A state, not a forecast. These are the specific, observable changes that would reverse the verdict — not a price prediction.

  1. 1SCHV closes the Momentum gap — currently 14 points behind, the largest single contributor to SCHG's edge.
  2. 2SCHV's Bollinger Band Squeeze turns directional — it is neutral today and would confirm a change in trend.
  3. 3SCHG's conflicting signal state resolves bearish — it currently carries 4 bullish and 1 bearish rules at once.
  4. 4A regime shift changes factor weighting — the composite weights Quality and Value at 30% each, so a rotation toward either would move the result most.

The full evidence

Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.

Technicals

SCHG has the stronger structure
MetricSCHGSCHV
RSI (14)50.734
ADX (14)20.216.7
Price vs 50-day2.3%0.8%
Price vs 200-day9.2%7.9%
Volatility (1M, annualized)12.4%7.2%

Risk

SCHV is the more resilient
MetricSCHGSCHV
Beta1.230.69
Sharpe ratio0.811.47
Sortino ratio1.22.34
Max drawdown-16.6%-7.3%
Current drawdown-0.3%-1.7%
Annualized volatility16.7%11.3%
Value at risk (95%)-1.8%-1.2%

Straight answers

Each answer is regenerated from the current snapshot, not written once and left to age.

Which is better, SCHG or SCHV?

On the Algovestiq AIQ Score, SCHG is the stronger of the two as of Sep 5, 2026, scoring 58 against SCHV's 57. The edge comes from momentum and quality. SCHV is not without a case — it holds the better value profile, which matters more if that is the objective you are optimizing for. This is a systematic score, not a recommendation: it ranks the two on the same evidence, it does not know your holding period or tax position.

Is SCHG or SCHV the better buy right now?

SCHG carries the stronger systematic profile as of Sep 5, 2026, and the comparison is rated Fragile — 1 of 4 covered evidence groups agree. A Fragile rating means the conclusion is sensitive: the AIQ gap is narrow at 1 points. Treat the lead as provisional.

Why does the AIQ Score favor SCHG over SCHV?

The composite weights Quality at 30%, Value at 30%, Momentum at 25% and Risk Resilience at 15%. SCHV leads Value by 15 points; SCHG leads Momentum by 14 points; SCHG leads Quality by 7 points. Where the two split, the factor with the larger weight carries the result.

Which is better value, SCHG or SCHV?

SCHV is the better-valued of the two on the peer-relative Value factor. SCHV on the peer-relative Value factor, by 15 points. The Value factor reads valuation relative to sector peers and to the company's own fundamental quality, so it is not the same as simply having the lower multiple.

Which has stronger growth, SCHG or SCHV?

Growth figures are not covered for both names. Growth here is measured on reported revenue and earnings, not on forward estimates — it describes what the businesses have delivered, not what the Street expects next.

Which has stronger momentum, SCHG or SCHV?

SCHG on the Momentum factor, by 14 points. Momentum carries 25% of the AIQ composite. It has documented persistence over three- to twelve-month horizons, which makes it a timing input rather than a reason to hold something indefinitely.

Which is riskier, SCHG or SCHV?

SCHV is the more resilient of the two, so the other name carries the higher downside risk. SCHV on Risk Resilience, by 4 points. The Risk Resilience factor weights 15% of the composite; position sizing usually responds to it more usefully than the buy/avoid decision does.

Is SCHG more profitable than SCHV?

Margin data is not comparable for both names in the current snapshot.

Is SCHG's lead over SCHV getting stronger or weaker?

SCHG lead: Reversed — SCHV led by 2 AIQ points 30 sessions ago; SCHG now leads by 1. This is measured from 120 daily comparison snapshots between 2026-04-22 and 2026-09-03. The lead has changed hands 3 times in that window, most recently on 2026-08-31, when SCHG moved ahead of SCHV.

What would change the SCHG vs SCHV verdict?

The result is a state, not a forecast, so it changes when the underlying evidence changes. Concretely: SCHV closes the Momentum gap — currently 14 points behind, the largest single contributor to SCHG's edge; SCHV's Bollinger Band Squeeze turns directional — it is neutral today and would confirm a change in trend; SCHG's conflicting signal state resolves bearish — it currently carries 4 bullish and 1 bearish rules at once; a regime shift changes factor weighting — the composite weights Quality and Value at 30% each, so a rotation toward either would move the result most.

What do the current signals say about SCHG and SCHV?

SCHG: 4 bullish / 1 bearish / 2 neutral, conflicted. SCHV: 4 bullish / 1 bearish / 3 neutral, conflicted. A conflicted state means bullish and bearish rules are active on the same name at once — the technical evidence is not pointing one way, and a decision taken on it carries more timing risk. The most decision-relevant rule on SCHG is Golden Cross Active (bullish, long horizon). On SCHV it is Golden Cross Active (bullish, long horizon).

Compare SCHG and SCHV with others

How this comparison is scored

The Algovestiq AIQ Score composites four factors — Quality (30%), Value (30%), Momentum (25%) and Risk (15%). Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.

The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.

How to use side-by-side comparison →

This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.