ETF Versus

RPV vs SCHV

Invesco S&P 500 Pure Value ETF vs Schwab U.S. Large-Cap Value ETF

Last updated: 2026-04-02

RPV

Invesco S&P 500 Pure Value ETF (RPV) is an exchange-traded fund that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges an above-average expense ratio of 0.35%. The fund offers a moderate dividend yield of 2.42%. Launched in 2006, the fund has a 20-year track record.

AUM: $1.7B ER: 0.35% Yield: 2.42% Since: Mar 1, 2006
SCHV Schwab

Schwab U.S. Large-Cap Value ETF (SCHV) is an exchange-traded fund issued by Schwab that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.96%. Launched in 2009, the fund has a 17-year track record.

AUM: $14.6B ER: 0.04% Yield: 1.96% Since: Dec 11, 2009

Quick Verdict

SCHV is significantly cheaper at 0.04% vs 0.35% expense ratio, saving you approximately $610 per $10,000 invested over 10 years. Both funds have delivered similar 1-year returns (16.2% vs 15.2%), tracking closely.

Key Metrics

Metric RPV SCHV
Expense Ratio 0.35% 0.04%
Dividend Yield 2.4% 2.0%
Fund Family N/A Schwab
Category US Large Cap Value US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

85 99 113 127 141 155 2021-04 2022-06 2023-09 2024-12 2026-04
RPV +42.8%
SCHV +38.4%

Performance Comparison

Period RPV SCHV Difference
1 Month -4.52% -4.76% +0.24%
3 Months +2.52% +2.41% +0.11%
6 Months +6.68% +4.65% +2.03%
YTD +2.52% +2.41% +0.11%
1 Year +16.21% +15.24% +0.97%
3 Years +41.05% +39.35% +1.70%
5 Years +42.82% +38.43% +4.39%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period RPV Fees SCHV Fees You Save
$10.000 10 years $690 $80 $610
$10.000 20 years $2.930 $344 $2.586
$10.000 30 years $9.337 $1.112 $8.225
$50.000 10 years $3.448 $399 $3.049
$50.000 30 years $46.685 $5.560 $41.125
$100.000 30 years $93.370 $11.121 $82.249

Risk Metrics

Based on 5 years of daily returns

Metric RPV SCHV
Annualized Volatility 18.1% 14.6%
Max Drawdown -24.1% -21.1%
Sharpe Ratio 0.24 0.21

Dividend Comparison

Metric RPV SCHV
Annual Dividend (per share) $2.59 $0.60
Dividend Yield 2.42% 1.96%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 10 holdings overlap (0% overlap in top holdings)

RPV Top Holdings

NameWeight
Dow Inc.DOW2.88%
Bunge Global SABG2.74%
LyondellBasell Industries N.V.LYB2.30%
Archer-Daniels-Midland CompanyADM2.19%
The Mosaic CompanyMOS1.95%
Tyson Foods, Inc.TSN1.95%
Ford Motor CompanyF1.70%
General Motors CompanyGM1.70%
The Cigna GroupCI1.64%
Target CorporationTGT1.60%

SCHV Top Holdings

NameWeight
Berkshire Hathaway Inc.BRK.B3.09%
JPMorgan Chase & Co.JPM2.74%
Exxon Mobil CorporationXOM2.57%
Johnson & JohnsonJNJ2.08%
Walmart Inc.WMT1.94%
Micron Technology, Inc.MU1.44%
Chevron CorporationCVX1.42%
AbbVie Inc.ABBV1.33%
The Procter & Gamble CompanyPG1.19%
Caterpillar Inc.CAT1.16%

Which One Should You Choose?

Choose SCHV if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose RPV if...

you prioritize dividend income and want higher regular distributions from your portfolio.

Either works if...

you just need broad us large cap value exposure. Both are solid options — pick whichever your brokerage offers commission-free.

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