SCHG: SCHWAB U.S. LARGE-CAP GROWTH ETF
Share-split context: A forward split was recorded on Oct 11, 2024 with coefficient 4. A forward split turns each old share into multiple new shares and lowers the quoted price per share proportionally. Proportional ownership is unchanged at the split moment, so the split itself creates neither a gain nor a loss. The price-return figures in this report are already split-adjusted.
SCHWAB U.S. LARGE-CAP GROWTH ETF (SCHG)
What this ETF is trying to do
The SCHWAB U.S. LARGE-CAP GROWTH ETF (SCHG) is designed to invest in large American companies that are expected to grow quickly. It focuses on "growth" stocks, which are businesses that often lead in technology and innovation.
What the numbers show
The current price of SCHG is $36.87. When looking at how the fund has performed, it is important to look at two different numbers: price return and total return.
• Price Return: This measures only the change in the share price. The year-to-date (YTD) price return is approximately 13.03%. The one-year price return is approximately 14.61%, and the three-year price return is approximately 98.23%.
• Total Return: This includes both the share price changes and any cash distributions paid out. The YTD total return is approximately 13.40%, the one-year total return is approximately 15.10%, and the three-year total return is approximately 100.83%.
Because this ETF has a history of forward splits, the prices you see are "split-adjusted." This means that when a split happened (like the one on October 11, 2024, where one share became four), the historical prices were adjusted so you can compare them easily. A forward split changes the number of shares you own, but it does not change the total value of your investment at the moment it happens.
Income and distribution explanation
SCHG provides a small amount of cash income through distributions. The distribution yield is approximately 0.38%. These payments usually happen four times a year (quarterly). While some investors look for high yields, this fund is primarily focused on growth rather than high income.
NAV erosion explanation
"NAV erosion" refers to a decline in the actual value of the fund's underlying assets. The supplied data shows an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag. This suggests the share price has been stable or growing rather than steadily losing value.
Top Holdings
The following are the top holdings in this ETF (note that this is a partial list):
• NVIDIA CORP: 12.54%
• APPLE INC: 11.23%
• MICROSOFT CORP: 8.37%
• AMAZON.COM INC: 5.67%
• ALPHABET INC CLASS A: 4.67%
• BROADCOM INC: 4.29%
• META PLATFORMS INC CLASS A: 4.27%
• ALPHABET INC CLASS C: 3.74%
• MICRON TECHNOLOGY INC: 3.25%
• TESLA INC: 2.80%
Pros
• Strong historical price and total returns over the last one to three years.
• No detected price erosion.
Cons
• The distribution yield is relatively low compared to funds designed specifically for high income.
Beginner takeaway
SCHG is a growth-focused ETF that has shown significant price increases over the last few years. It offers small quarterly distributions, but its main characteristic is capital growth rather than high cash income.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 12.54% |
| 2 | APPLE INC | AAPL | 11.23% |
| 3 | MICROSOFT CORP | MSFT | 8.37% |
| 4 | AMAZON.COM INC | AMZN | 5.67% |
| 5 | ALPHABET INC CLASS A | GOOGL | 4.67% |
| 6 | BROADCOM INC | AVGO | 4.29% |
| 7 | META PLATFORMS INC CLASS A | META | 4.27% |
| 8 | ALPHABET INC CLASS C | GOOG | 3.74% |
| 9 | MICRON TECHNOLOGY INC | MU | 3.25% |
| 10 | TESLA INC | TSLA | 2.80% |