What is the primary difference in market capitalisation focus between SCHA and VOO?

The main distinction is the company size focus. SCHA is a Small Blend fund, targeting US small-cap equities, while VOO is a Large Blend fund, tracking large-cap US companies like those in the S&P 500. This means their portfolios are fundamentally different. Small-cap stocks often exhibit higher volatility and growth potential, whereas large-cap stocks are typically more established. Investors should understand that SCHA and VOO serve different roles in diversification, as one cannot substitute for the other's market segment. The choice depends on an investor's desired exposure.

How do expense ratios work for ETFs like SCHA and VOO?

An expense ratio is the annual fee charged by an ETF to manage the fund, expressed as a percentage of assets. It is deducted directly from the fund's returns. Both SCHA and VOO have identical expense ratios of 0.03%. This indicates both are very cost-efficient. For an investor, this means lower ongoing costs compared to actively managed funds. Since the fees are the same, the expense ratio does not favour one fund over the other in this comparison. Investors should always check if an index is available to understand what they are paying for.

What does 'net assets' mean and how does it compare between these two funds?

Net assets represent the total market value of the fund's holdings minus liabilities. It indicates the fund's size. SCHA has net assets of $25.5 billion, while VOO is significantly larger at $1.08 trillion. A larger fund like VOO typically offers higher liquidity, meaning it is easier to buy or sell shares without affecting the price. SCHA's size is still substantial, but the stark difference highlights VOO's dominant market position. Investors often consider net assets when evaluating potential liquidity and operational stability of an ETF.

Do SCHA and VOO have any overlapping top ten holdings?

Based on the provided data, there are no shared top-ten holdings between SCHA and VOO. SCHA's largest positions include SNDK and LITE, whereas VOO's are NVDA and AAPL. This lack of overlap confirms that the two funds provide exposure to completely different segments of the US equity market. Combining them could potentially offer broader diversification than investing in just one. However, investors should note that sector weights are not available, so a full risk assessment would require further analysis beyond top holdings.

How do the dividend yields of SCHA and VOO compare?

SCHA has a dividend yield of 1.06%, while VOO yields 1.03%. These figures are very similar and relatively modest for income-focused investors. Dividend yield varies by market cap; small caps often pay lower dividends than large caps, though here they are comparable. Distributions are not guaranteed and can change. Since the difference is only 0.03 percentage points, yield should not be the primary deciding factor for most investors comparing these two specific ETFs. Income seekers may look for different strategies with higher yields.

What are the inception dates of SCHA and VOO?

SCHA was launched on 3 November 2009, while VOO was established on 7 September 2010. Both funds have a track record of over 13 years. The slight difference in inception dates does not significantly impact the long-term comparability for a beginner. It is important to remember that past performance is not indicative of future results. Both have been available long enough to demonstrate operational history, but investors should focus on their current structures and objectives rather than minor date differences.

What specific benchmarks do these ETFs track?

The index tracked by both SCHA and VOO is listed as 'not available'. Generally, SCHA aims to track small-cap indices like the Russell 2000, while VOO targets the S&P 500. However, without confirmed index data, investors cannot verify the exact methodology or constituent criteria. This is a limitation in comparing them directly. One must rely on the stated category—Small Blend versus Large Blend—to infer the likely exposure. The lack of specific index names obscures precise tracking clarity.

How do sector weights differ between SCHA and VOO?

Sector weights for both SCHA and VOO are currently not available. Consequently, it is impossible to compare how each fund is diversified across industries like technology, healthcare, or financials. This gap in information limits the ability to assess concentration risk. An investor cannot determine if either fund is overweight in any specific sector based on the provided data. Understanding sector composition is crucial for managing risk, so one would need to consult external sources for this detail.

What is the size difference between SCHA and VOO?

SCHA is an ETF with $25.5 billion in net assets, whereas VOO manages $1.08 trillion. The size difference is approximately 1 to 42. VOO is exceptionally large, often referred to as a mega-fund. This massive scale generally translates to tighter bid-ask spreads and lower trading costs for investors. SCHA, while smaller, still maintains significant scale. The disparity highlights VOO's role as a core market holding versus SCHA's more specialised small-cap focus.

What investing goals are typically associated with SCHA and VOO?

VOO is typically associated with core portfolio construction, providing broad, stable exposure to large US companies. It is often used as a long-term anchor for growth and stability. SCHA is generally used for diversified small-cap exposure, potentially offering higher growth prospects but with increased volatility. Neither fund is inherently better; they serve different objectives. A balanced portfolio might include both to capture different market segments. Investors should align their choice with their risk tolerance and desired market capitalisation mix.

How should investors interpret the 'not available' data fields?

When data such as 'index tracked' or 'sector weights' is marked as not available, it means that specific detail is missing from the source. Investors should not guess these values. Instead, they must acknowledge the limitation in their analysis. For example, without knowing the exact index, one cannot confirm if SCHA's methodology has drifted from its benchmark. Transparency is key in financial analysis. Beginners should understand that missing data requires further research before making informed decisions. This highlights the importance of consulting multiple reliable sources.

What is the educational disclaimer for this comparison?

This FAQ provides educational information only and is not financial advice. The comparison of SCHA and VOO uses specific data points from Yahoo Finance as of 22 September 2026. Figures such as expense ratios, net assets, and dividend yields can change over time. Readers should verify current data independently before making any investment decisions. Investing in the stock market involves risks, including potential loss of capital. Past performance of these funds does not guarantee future results. Always consider your individual financial situation.

SCHA vs VOO

Two funds, one decision: we compare cost, performance and what each ETF actually holds in September 2026.

This page compares SCHA (Schwab US Small-Cap ETF) and VOO (S&P 500 Vanguard ETF), focusing on fees, holdings, dividends and how each fund tracks its market. SCHA is in the Small Blend category with net assets of $25.5 billion, an expense ratio of 0.03% and a dividend yield of 1.06%. VOO is in the Large Blend category with net assets of $1.08 trillion, an expense ratio of 0.03% and a dividend yield of 1.03%. Educational content, not financial advice.

This page compares SCHA (Schwab US Small-Cap ETF) and VOO (S&P 500 Vanguard ETF), focusing on fees, holdings, dividends and how each fund tracks its market. SCHA is in the Small Blend category with ne...

Fund Snapshot

Key Fund Metrics

SCHA

Metric

VOO

0.03%

Expense Ratio

0.03%

1.06%

Dividend Yield

1.03%

$25.48B

Net Assets

$1.08T

1,704

Holdings

516

Nov 3, 2009

Inception Date

Sep 7, 2010

–

Index Tracked

–

Small Blend

Fund Category

Large Blend

Both funds charge the same annual fee.

Shared Top Holdings

These funds do not share any of their top holdings.

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Investment Analysis

SCHA

Pros

Schwab US Small-Cap ETF tracks a small blend category, offering exposure to US small-cap equities.
The fund has a very low expense ratio of 0.03%, reducing ongoing investment costs.
It has net assets of $25.5 billion, indicating substantial fund size and liquidity.

Considerations

Schwab US Small-Cap ETF tracks a small blend category, focusing on smaller capitalisation stocks.
The fund's dividend yield is 1.06%, which may be modest for income-oriented investors.
Index tracked is not available, limiting clarity on the specific benchmark used for replication.

VOO

Pros

S&P 500 Vanguard ETF provides large blend exposure to the US stock market.
With net assets of $1.08 trillion, the fund is exceptionally large, likely ensuring high liquidity.
The expense ratio is a low 0.03%, making it cost-efficient for long-term holding.

Considerations

S&P 500 Vanguard ETF is a large blend fund, which may limit specific small-cap exposure.
Its dividend yield is 1.03%, similar to SCHA and potentially low for income seekers.
The index tracked is not available, obscuring the exact methodology of the benchmark.

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About SCHA and VOO

SCHA (SCHA)

Schwab US Small‑Cap ETF (SCHA) offers broad exposure to US small-capitalisation companies through a low-cost, market‑weighted fund managed by Charles Schwab. It seeks to track a small‑cap index, providing diversified access to hundreds of smaller US-listed firms across sectors. Investors often use SCHA to complement large‑cap holdings, potentially enhancing long‑term growth and diversification, though small caps can be more volatile and sensitive to economic cycles. As an ETF, SCHA trades like a stock on exchanges, making it easy to buy or sell during market hours. It typically has a low expense ratio, but investors should also consider bid‑ask spreads, tracking error, and tax implications. This is general educational information and not personalised advice; returns are not guaranteed and the value of an investment can fall as well as rise. Suitability will depend on an individual’s goals, risk tolerance and investment horizon.

VOO (VOO)

VOO is Vanguard’s exchange-traded fund designed to track the S&P 500 Index, offering broad exposure to about 500 of the largest publicly traded US companies. It aims to replicate the index’s performance minus fees by holding the same stocks in similar proportions, making it a straightforward, passive way to access large‑cap US equities. Investors commonly use VOO as a core holding for long‑term growth or as a simple building block in a diversified portfolio. It typically offers high liquidity and regular dividend distributions from underlying companies. As with any equity investment, VOO’s value can rise or fall with the market, and past performance is not a guide to future returns. Fees, trading costs and potential tracking error reduce returns slightly. This information is general and educational only and not personalised financial advice — consider your own circumstances or speak to a qualified adviser before investing.

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SCHA vs VOO

Fund Snapshot