What Is SCHG? Schwab US Large-Cap Growth ETF

SCHG is the Schwab US Large-Cap Growth ETF, a fund that tracks the Dow Jones US Large-Cap Growth Total Stock Market Index at a 0.04% expense ratio. It holds the large-cap US companies classified as growth (MSFT, AAPL, NVDA, AMZN), so it tilts heavily toward technology and consumer growth. Versus VUG, the two are close competitors with nearly identical exposure; the differences come down to index methodology and which provider you prefer.

SCHG is issued by Charles Schwab and tracks Dow Jones US Large-Cap Growth Total Stock Market, so a single ticker gives you the whole portfolio of underlying holdings weighted by the index's methodology rather than by any active stock-picking.

SCHG is weighted toward its largest constituents. As of early 2026, the top holdings are:

The remaining holdings make up the balance of the fund, with weights tapering off below the top names. Because the index reconstitutes on a rolling basis, the roster stays current without active management. Each ticker above links to its individual stock guide in Walnut.

ETFs are passive bundles; thematic portfolios in Walnut let you concentrate within them. If you hold SCHG as a core position, these are the themes you might layer on as satellites.

There are three common ways to get SCHG exposure. Buy shares (or fractional shares) of SCHG directly at any major broker that lists it. Hold it as a core position and layer more concentrated ideas on top. Or build it into a thematic portfolio in Walnut, so SCHG sits alongside other holdings that express the same thesis, with target weights you can rebalance toward. SCHG trades like a stock during market hours, so you buy it the same way you would any listed share.

New to buying funds? See how to buy an ETF, step by step.

Whether SCHG is a good buy depends less on any single call and more on your time horizon and what you already hold: it tracks Dow Jones US Large-Cap Growth Total Stock Market, so the real question is whether you want that exposure in your mix and at what weight. We walk through valuation, concentration, and what would have to be true for it to outperform from here in is SCHG a buy?

SCHG is Schwab's low-cost large-cap growth tilt, near-identical in spirit to VUG. It works as a growth style tilt around a broad core, not as a diversified core itself, and it overlaps heavily with the top of VOO and QQQ in mega-cap technology.

Whether SCHG is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, concentration, and what would have to be true for it to outperform from here in is SCHG a buy?

SCHG yields ~0.4% as of early 2026, paid by passing through the dividends of its underlying holdings. For the payout schedule, history, and how the distributions are taxed, see SCHG dividend: yield and schedule.

VUG and SCHG are both low-cost large-cap growth funds with heavily overlapping holdings and similar returns. The differences come down to the exact index methodology and number of names; neither has a durable edge over the other. Read the full side-by-side in VUG vs SCHG.

SCHG covers a broad slice of large-cap growth, while MGK concentrates on mega-cap growth only, so MGK is more top-heavy in the largest names. SCHG gives more breadth; MGK leans harder into the very biggest growth companies. Read the full side-by-side in SCHG vs MGK.

New to funds like SCHG? Start with what an ETF is, then how to buy an ETF, or browse the full guide to ETF investing.