Schwab U.S. Large-Cap Growth ETF (SCHG) is an exchange-traded fund that seeks to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index before fees and expenses. The fund provides passive exposure to large-cap U.S. equities exhibiting growth characteristics, including higher earnings growth rates, sales momentum, and other growth factors; it holds approximately 197 stocks across sectors such as information technology (48%), communication services (14%), and consumer discretionary (13%), with top holdings including NVIDIA Corp., Apple Inc., Microsoft Corp., Broadcom Inc., and Amazon.com Inc. Launched on December 11, 2009, and managed by Charles Schwab Investment Management, Inc., a subsidiary of The Charles Schwab Corporation headquartered in Westlake, Texas, SCHG operates primarily in the U.S. equity market and trades on the NYSE Arca exchange with a low expense ratio of 0.04% and assets under management exceeding $52 billion.
In October 2024, the fund underwent a 4-for-1 forward share split effective October 10, increasing shares outstanding and reducing net asset value per share without altering total shareholder value; shares traded at post-split prices starting October 11, 2024. The ETF continues quarterly distributions, with recent payouts including $0.0318 per share on December 15, 2025, and maintains a portfolio turnover rate of 23.56% as of November 30, 2025, supporting its tax-efficient structure for long-term investors seeking core growth exposure. SCHG targets institutional and retail investors focused on large-cap growth, offering a low-cost alternative within the large growth category as classified by Morningstar.