SCHG vs VUG
Schwab U.S. Large-Cap Growth ETF against Vanguard Growth ETF.
The short answer
Two large-cap growth funds built from different index families, moving together at 0.99 over three years. VUG puts 63.8% in its ten largest positions against 51.7% for SCHG, and charges 0.03% against 0.04%.
The two funds
- Last close, 2026-09-04
- $35.53 -0.86%
- Cost per year
- 0.04%
- Return, 1 year
- 15.8%higher
- Return, 3 years
- 89.8%higher
- Worst fall, 3 years
- -21.9%
- Volatility
- 19.0%calmer
- Positions
- 196
- Top 10 weight
- 51.7%
- Last close, 2026-09-04
- $88.45 -0.48%
- Cost per year
- 0.03%cheaper
- Return, 1 year
- 15.2%
- Return, 3 years
- 88.6%
- Worst fall, 3 years
- -21.8%shallower
- Volatility
- 19.4%
- Positions
- 146
- Top 10 weight
- 63.8%
SCHG and VUG, prices through 2026-09-04. How the badges are decided.
Holdings overlap
91 companies sit in both funds. That is 84.3% of SCHG's own weight and 86.6% of VUG's.
Side by side
Issuer files, SCHG 3 Sep 2026, VUG 31 Jul 2026
What the numbers say
Different index families, nearly the same fund
SCHG follows a Dow Jones growth index and VUG a CRSP one, and the two methods agree on 91 companies that carry 84.3% of SCHG and 86.6% of VUG. Nvidia, Apple, Microsoft, Amazon and Alphabet lead both lists. The overlap by weight is 74.3%, held back by VUG weighting those top names more heavily.
The 251 companies between them
SCHG holds 105 companies VUG does not, UnitedHealth, Thermo Fisher, Linde, Salesforce and Disney the largest, names one method scores as growth and the other as value. VUG holds 55 that SCHG does not, led by Applied Materials, Lam Research, Oracle, Amphenol and McDonald's. VUG runs 146 positions to SCHG's 196, with 63.8% in its top ten against 51.7%.
Where five years separated them
Over three years the returns were nearly identical, 89.8% for SCHG against 88.6% for VUG, and over one year 15.8% against 15.2%. Over five years SCHG returned 87.5% against 79.0%, the one window where the two lists produced a visibly different result. Volatility of 19.0% against 19.4% and worst falls of -21.9% against -21.8% are within a fraction of a point of each other.
Correlation of 0.99, a fee gap of $1
VUG charges 0.03% and SCHG 0.04%, $1 a year on $10,000. Weekly returns correlated at 1.00 over five years and 0.99 over the past year. Holding both is one growth portfolio with the top names weighted somewhere between the two methods; the measurable differences are the 25.7% of weight not held in common and the fee.
Where they hold the same companies
| Measure | Value |
|---|---|
| Overlap by weight | 74.3% |
| Share of SCHG held in common with VUG | 84.3% |
| Share of VUG held in common with SCHG | 86.6% |
| Companies in both | 91 |
| Positions in SCHG / VUG | 196 / 146 |
SCHG holdings as published 2026-09-03, VUG 2026-07-31.
Largest positions held by both
| Rank | Company | In SCHG | In VUG | Weight in each | Overlap |
|---|---|---|---|---|---|
| 1 | NVDA NVIDIA | 10.99% | 12.84% | 10.99% | |
| 2 | AAPL Apple | 9.57% | 12.63% | 9.57% | |
| 3 | MSFT Microsoft | 7.52% | 9.61% | 7.52% | |
| 4 | AMZN Amazon Com Inc | 5.03% | 5.16% | 5.03% | |
| 5 | GOOGL Alphabet | 3.99% | 5.81% | 3.99% | |
| 6 | AVGO Broadcom Inc | 3.36% | 4.47% | 3.36% | |
| 7 | GOOG Alphabet | 3.18% | 4.64% | 3.18% | |
| 8 | LLY Eli Lilly | 2.92% | 2.72% | 2.72% | |
| 9 | META | 2.67% | 3.41% | 2.67% | |
| 10 | TSLA Tesla Inc | 2.42% | 2.45% | 2.42% | |
| 11 | AMD Advanced Micro Devices | 2.29% | 2.17% | 2.17% | |
| 12 | V Visa | 2.41% | 1.66% | 1.66% | |
| 13 | MA Mastercard | 1.81% | 1.28% | 1.28% | |
| 14 | COST Costco Wholesale Corp | 1.57% | 1.19% | 1.19% | |
| 15 | NFLX Netflix | 1.33% | 0.86% | 0.86% |
Held by only one of them
| In SCHG only | Weight | In VUG only | Weight |
|---|---|---|---|
| UNH Unitedhealth Group Inc | 1.4% | AMAT Applied Materials Inc. | 1.14% |
| TMO Thermo Fisher Scientific Inc | 0.88% | LRCX Lam Research Corp. | 1.03% |
| LIN Linde PLC | 0.85% | ORCL Oracle Corp. | 0.64% |
| CRM Salesforce | 0.83% | APH Amphenol Corp. Class A | 0.57% |
| DIS Walt Disney | 0.71% | MCD McDonald's Corp. | 0.55% |
| BLK Blackrock | 0.62% | STX Seagate Technology Holdings plc | 0.55% |
| SPGI S&P Global | 0.52% | WDC Western Digital Corp. | 0.54% |
| DHR Danaher | 0.51% | INTC Intel Corp. | 0.52% |
| PGR Progressive | 0.5% | SNDK Sandisk Corp. | 0.51% |
| PH Parker-Hannifin Corp | 0.47% | TJX TJX Cos. Inc. | 0.5% |
Covariance and correlation
Covariance, annualised (%2)
| SCHG | VUG | |
|---|---|---|
| SCHG | 361 | 366.4 |
| VUG | 366.4 | 376 |
Percent squared per year, three years of weekly returns
Correlation, 3 years
| SCHG | VUG | |
|---|---|---|
| SCHG | 1.00 | 0.99almost always in step |
| VUG | 0.99almost always in step | 1.00 |
Weekly total returns, what the bands mean
Check it: 366.4 divided by (19.0 × 19.4) is 0.99, the correlation in the second matrix.
One year, side by side
Cost, returns and risk
| Measure | SCHG | VUG |
|---|---|---|
| Expense ratio | 0.04% | 0.03% |
| Dividend yield | 0.37% | 0.38% |
| Total return, 1 year | 15.8% | 15.2% |
| Total return, 3 years cumulative | 89.8% | 88.6% |
| Total return, 5 years cumulative | 87.5% | 79.0% |
| Volatility, annualised on 3 years of weekly returns | 19.0% | 19.4% |
| Worst fall in 3 years, peak to trough, weekly closes | -21.9% | -21.8% |
| Beta against the S&P 500 | 1.26 | 1.28 |
| Positions held | 196 | 146 |
| Weight in the ten largest positions | 51.7% | 63.8% |
| Weight in the single largest position | 11.0% | 12.8% |
| Assets (Vanguard: whole fund, all share classes) | $63.0B | $379.4B |
Prices through 2026-09-04.
Year by year
| Year | SCHG | VUG |
|---|---|---|
| 2026 | 9.2% | 9.0% |
| 2025 | 17.5% | 19.4% |
| 2024 | 35.0% | 32.7% |
| 2023 | 50.1% | 46.8% |
| 2022 | -31.8% | -33.2% |
Do they move together
| Window | Correlation of weekly returns |
|---|---|
| 1 year | 0.99 |
| 3 years | 0.99 |
| 5 years | 1.00 |
Where to go next
- SCHG, the full page: every holding, and what else it duplicates
- VUG, the full page
- VGT vs XLK
- VOO vs VTI
- QQQ vs VGT
- Run the x-ray on your whole portfolio, this pair included
- Check any other pair in the overlap calculator
How these numbers are produced · Ask the same questions from your assistant
