SCHV
Schwab US Large-Cap Value ETF · Schwab
US Broad Market
1Y Return
+24.4%
Expense Ratio
0.04%
AUM
$16B
Dividend Yield
2.30%
Avg Annual Growth (10Y)
+9.9%
Issuer
Schwab Asset Management

Overview

The value half of the US large-cap market — around 500 mature, reasonably priced companies from Berkshire to JPMorgan, at 0.04%.

Top Holdings

TickerHoldingWeight
BRK.BBerkshire Hathaway3.4%
JPMJPMorgan Chase3.1%
XOMExxon Mobil2.4%
UNHUnitedHealth Group2.0%
JNJJohnson & Johnson1.9%
WMTWalmart Inc.1.8%
PGProcter & Gamble1.7%
HDHome Depot1.6%
BACBank of America1.5%
CVXChevron Corp.1.3%

Fund Details

Index
DJ US Large-Cap Value TSM
# Holdings
~500
Inception
Dec 2009
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Quarterly
Avg Annual Growth (10Y)
+9.9%
Avg Annual Yield (10Y)
2.46%

Investment Thesis

Large-cap value is the cheapest it has been relative to growth in two decades, and SCHV owns the whole cohort for four basis points — banks, healthcare, energy and staples that pay real dividends today rather than promising growth tomorrow. A +24% trailing year as the rally broadened shows the segment doesn't need a crisis to work; it just needs the market to remember valuations.

Who It's For

Investors rebalancing a growth-heavy portfolio toward valuations and income, and dividend-oriented savers who prefer 500 names to a concentrated dividend fund. One of the cheapest value funds in existence.

10-Year History

Annual Closing Price
YearClose% Chg
2016$14.12--
2017$16.10+14.0%
2018$14.81-8.0%
2019$18.22+23.0%
2020$18.77+3.0%
2021$23.27+24.0%
2022$21.64-7.0%
2023$24.24+12.0%
2024$27.88+15.0%
2025$31.50+13.0%
Annual Dividend Yield
YearYield
20162.50%
20172.40%
20182.80%
20192.50%
20202.60%
20212.10%
20222.50%
20232.50%
20242.40%
20252.30%
Annual AUM
YearAUM% Chg
2016$3B--
2017$4B+33.3%
2018$4.5B+12.5%
2019$5.5B+22.2%
2020$6B+9.1%
2021$9B+50.0%
2022$10B+11.1%
2023$11B+10.0%
2024$13B+18.2%
2025$15B+15.4%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

Markets. Intelligence. Daily.

Full briefs on 276 ETFs, curated daily ETF news, and a free weekly deep-dive newsletter — all on ETFHub.

Get the Free Weekly Brief Explore the ETF Portal Official Fund Page →