# SCHV ETF: fees, returns, drawdowns and holdings

> What SCHV holds, its 0.04% yearly fee, returns by year, its worst drop, and which Tactfolio strategies hold it. Updated daily.

Schwab U.S. Large-Cap Value ETF (SCHV) is an exchange-traded fund (ETF) run by Schwab. This fund owns shares of about 550 large US companies picked as value stocks. It charges 0.04% a year. From December 2009 to October 2026 it returned about 11.5% a year, and its worst drop was −37.1%.

Written by [the Tactfolio research team](https://tactfolio.com/about/editorial-policy). Fund facts checked October 17, 2026. Prices through October 16, 2026.

## Key points

- Expense ratio: 0.04% a year (about $4 on $10,000).
- Started trading on December 11, 2009.
- Worst drop since 2009: −37.1%.
- No Tactfolio classic strategies hold it.

## What does SCHV hold?

This fund owns shares of about 550 large US companies picked as value stocks. Value stocks often look cheap compared with their profits. The fund's price still rises and falls with the stock market.

It tracks the Dow Jones U.S. Large-Cap Value Total Stock Market Index. It had 555 holdings as of February 28, 2026, according to Schwab.

| Fact | SCHV |
| --- | --- |
| Full name | Schwab U.S. Large-Cap Value ETF |
| Issuer | Schwab |
| Expense ratio | 0.04% a year |
| Started trading | December 11, 2009 |
| Tracks | Dow Jones U.S. Large-Cap Value Total Stock Market Index |
| Type | US stocks, ETF |
| Holdings | 555 holdings as of February 28, 2026 |
| Facts checked | October 17, 2026 on the [Schwab fund page](https://www.sec.gov/Archives/edgar/data/1454889/000110465926020698/tm266454-4_497k.htm) |

## What is the SCHV expense ratio?

SCHV charges 0.04% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.04% fee comes to about $4 a year.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

## How has SCHV done since 2009?

From December 2009 to October 2026, SCHV returned about 11.5% a year. Say you put in $10,000 at the start. It would have been worth about $62,069 at the end, with every dividend reinvested.

| Measure | SCHV |
| --- | --- |
| Total return | 520.7% |
| Return per year (CAGR) | 11.5% |
| Worst drop from a high | −37.1% |
| Volatility (how much it swings) | 16.2% |
| Last 12 months | 20.8% |
| Last 3 years, per year | 19.3% |
| Last 5 years, per year | 10.4% |
| Last 10 years, per year | 11.4% |

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

## SCHV returns by year

| Year | SCHV return |
| --- | --- |
| 2026 (part of the year) | 17.0% |
| 2025 | 16.0% |
| 2024 | 14.1% |
| 2023 | 8.9% |
| 2022 | −7.6% |
| 2021 | 25.6% |
| 2020 | 2.6% |
| 2019 | 25.9% |
| 2018 | −7.3% |
| 2017 | 16.6% |
| 2016 | 15.7% |
| 2015 | −1.1% |
| 2014 | 10.9% |
| 2013 | 31.0% |
| 2012 | 15.1% |
| 2011 | 3.6% |
| 2010 | 14.8% |
| 2009 (part of the year) | −0.2% |

## What was SCHV's worst drop?

A drawdown is how far a fund falls from its last high point. SCHV's worst fall was −37.1%, from January 17, 2020 to March 23, 2020. It got back to that high on December 4, 2020.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

## Which Tactfolio strategies hold SCHV?

No classic strategy holds SCHV yet. You can add it to your own rules in the [builder](https://tactfolio.com/builder) and see how they would have done.

## How does SCHV compare with similar ETFs?

Funds that can stand in for SCHV:

- [VTV](https://tactfolio.com/etf/vtv.md): Vanguard Morningstar Value ETF, 0.03% a year
- [SPYV](https://tactfolio.com/etf/spyv.md): State Street SPDR Portfolio S&P 500 Value ETF, 0.04% a year
- [IVE](https://tactfolio.com/etf/ive.md): iShares S&P 500 Value ETF, 0.18% a year
- [IWD](https://tactfolio.com/etf/iwd.md): iShares Russell 1000 Value ETF, 0.18% a year

See [all 8 SCHV alternatives](https://tactfolio.com/alternatives/schv.md), compared on the same dates as SCHV.

## Test SCHV in your own rules

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the [builder](https://tactfolio.com/builder), add SCHV, and see how a rule such as "hold it only above its 200-day average" would have done. Strategies run on daily prices and hold US stocks and ETFs only.

## The details

Prices come from Tactfolio's stored daily prices for SCHV. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.

Fund facts come from Schwab. We checked them on October 17, 2026. Read [what a backtest simulates](https://tactfolio.com/docs/backtests.md) and [how to read drawdown and CAGR](https://tactfolio.com/docs/concepts/reading-a-backtest.md) for more on these measures.

## Research and test it

- [S&P 500 index](https://tactfolio.com/learn/sp500-index): The S&P 500 tracks about 500 large US companies. Learn how stocks get in, how the index is weighted, how to invest in it, and how far it has fallen before.
- [What is an ETF](https://tactfolio.com/learn/what-is-an-etf): An ETF is a fund that trades like a stock. Learn how ETFs work, what they cost, the main types, and the risks, with SEC sources.
- [ETF screener](https://tactfolio.com/screener.md): A free ETF screener for 162 US-listed funds. Filter by type, issuer and fee, sort by returns or worst drop, and compare funds side by side.
- [ETF expense ratio](https://tactfolio.com/learn/etf-expense-ratio): What an ETF expense ratio is, how the fund charges it, and how 0.03% vs 1% adds up over 10 and 30 years, with real fund examples.
- [Backtest a portfolio](https://tactfolio.com/trading-tools/backtest-portfolio): Backtest a portfolio of US stocks and ETFs. Enter tickers and shares, pick when to rebalance, and get the results with a link to share.
- [Backtesting](https://tactfolio.com/backtesting): Free backtesting software for stocks, ETFs, and crypto perps.

## Common questions

### What is the expense ratio of SCHV?

SCHV charges 0.04% a year, according to Schwab as of October 17, 2026. That is about $4 a year for every $10,000 you hold.

### When did SCHV start trading?

SCHV started trading on December 11, 2009. It is run by Schwab.

### What does SCHV track?

SCHV tracks the Dow Jones U.S. Large-Cap Value Total Stock Market Index. This fund owns shares of about 550 large US companies picked as value stocks.

### How much has SCHV returned per year?

From December 2009 to October 2026, SCHV returned about 11.5% a year with dividends reinvested. Its worst drop was −37.1%. Past returns do not tell you what it will do next.

### Which strategies use SCHV?

None of Tactfolio's classic strategies hold SCHV yet. You can test it in your own rules in the builder.

## Sources

- [Schwab: Schwab U.S. Large-Cap Value ETF fund page](https://www.sec.gov/Archives/edgar/data/1454889/000110465926020698/tm266454-4_497k.htm)

> Not financial advice. Tactfolio is a research and automation tool. It is not a broker or a financial adviser. This page is for education only. Backtests are hypothetical. They show how rules would have done on past prices, not how they will do. All investing involves risk, including losing the money you put in.