ETF Versus

SCHE vs SCHV

Schwab Emerging Markets Equity ETF vs Schwab U.S. Large-Cap Value ETF

Last updated: 2026-04-02

SCHE Schwab

Schwab Emerging Markets Equity ETF (SCHE) is an exchange-traded fund issued by Schwab that provides exposure to stocks in emerging market economies with higher growth potential. It charges a low expense ratio of 0.11%. The fund offers an attractive dividend yield of 2.87%. Launched in 2010, the fund has a 16-year track record.

AUM: N/A ER: 0.11% Yield: 2.87% Since: 2010-01-14
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: N/A ER: 0.04% Yield: 1.96% Since: 2009-12-15

Quick Verdict

SCHV has a slightly lower expense ratio (0.04% vs 0.11%), saving about $139 per $10,000 over 10 years. SCHE has edged ahead over the past year (18.3% vs 14.5%). Income investors may prefer SCHE for its higher yield (2.9% vs 2.0%).

Key Metrics

Metric SCHE SCHV
Expense Ratio 0.11% 0.04%
Dividend Yield 2.9% 2.0%
Fund Family Schwab Schwab
Category Emerging Markets US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

65 82 99 116 133 150 2021-04 2022-06 2023-10 2024-12 2026-04
SCHE +2.1%
SCHV +38.4%

Performance Comparison

Period SCHE SCHV Difference
1 Month -2.32% -3.51% +1.19%
3 Months -2.03% +2.42% -4.45%
6 Months -3.04% +4.77% -7.81%
YTD -2.03% +2.42% -4.45%
1 Year +18.31% +14.53% +3.78%
3 Years +33.24% +39.37% -6.13%
5 Years +2.12% +38.45% -36.33%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SCHE Fees SCHV Fees You Save
$10,000 10 years $219 $80 $139
$10,000 20 years $940 $344 $596
$10,000 30 years $3,030 $1,112 $1,918
$50,000 10 years $1,094 $399 $695
$50,000 30 years $15,149 $5,560 $9,588
$100,000 30 years $30,297 $11,121 $19,176

Risk Metrics

Based on 5 years of daily returns

Metric SCHE SCHV
Annualized Volatility 17.7% 14.6%
Max Drawdown -35.8% -21.1%
Sharpe Ratio -0.14 0.21

Dividend Comparison

Metric SCHE SCHV
Annual Dividend (per share) $0.94 $0.60
Dividend Yield 2.87% 1.96%
Distribution Frequency Semi-Annual or Annual Quarterly

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 SCHE if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose SCHE if...

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

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