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ETF comparison

MGV vs SCHV

Both US Value.

Vanguard Morningstar Mega Cap Value ETF · Schwab U.S. Large-Cap Value ETF

Holdings overlap

Weighted by ISIN/CUSIP
59.6 %

99 positions appear in both funds. Buying equal dollars of MGV and SCHV would leave roughly 59.6% of each dollar exposed to the same underlying securities.

MGV unmatched 40.0% Shared 59.6% SCHV unmatched 40.3%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In MGV only
21 positions
Shared
99 positions
In SCHV only
456 positions

Side by side

MGV

Vanguard Morningstar Mega Cap Value ETF

Vanguard · US Value

92 composite / 100
Expense ratio
0.050%
Net assets
$13.60B
whole fund, 2 share classes
TTM yield
1.41%
Top-10 conc.
28.3%
SCHV

Schwab U.S. Large-Cap Value ETF

Schwab · US Value

94 composite / 100
Expense ratio
0.040%
Net assets
$15.09B
TTM yield
1.82%
Top-10 conc.
20.3%

Sub-score comparison

95
Cost
96
88
Tax efficiency
87
100
Liquidity
100
74
Concentration
85
—
Tracking quality
—
MGV sub-score SCHV

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SCHV is 1 bps cheaper than MGV. On a $100,000 position that's about $10/yr more in fees for MGV.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with MGV vs SCHV.

Top shared holdings

99 shared in total
# Holding In MGV In SCHV Overlap
1 Micron Technology Inc 5.26% 3.54% 3.54%
2 Berkshire Hathaway Inc 3.15% 2.82% 2.82%
3 JPMorgan Chase & Co 3.64% 2.62% 2.62%
4 Exxon Mobil Corp 2.91% 1.97% 1.97%
5 Johnson & Johnson 2.61% 1.76% 1.76%
6 Intel Corp 2.20% 1.75% 1.75%
7 Walmart Inc 2.44% 1.65% 1.65%
8 Cisco Systems Inc 2.06% 1.54% 1.54%
9 Caterpillar Inc 1.96% 1.32% 1.32%
10 AbbVie Inc 1.85% 1.25% 1.25%
11 Applied Materials Inc 1.72% 1.16% 1.16%
12 Bank of America Corp 1.60% 1.11% 1.11%

Only in MGV

21 total
  • Costco Wholesale Corp 2.04%
  • UnitedHealth Group Inc 1.66%
  • General Electric Co 1.55%
  • Linde PLC 1.11%
  • Berkshire Hathaway Inc 1.06%
  • Thermo Fisher Scientific Inc 0.88%
  • Walt Disney Co/The 0.87%
  • BlackRock Funding Inc/DE 0.70%
  • Danaher Corp 0.56%
  • Progressive Corp/The 0.54%

Only in SCHV

456 total
  • Lam Research Corp 1.29%
  • Oracle Corp 1.24%
  • Seagate Technology Holdings PLC 0.62%
  • Amphenol Corp 0.59%
  • Boeing Co/The 0.59%
  • Western Digital Corp 0.58%
  • Marvell Technology Inc 0.58%
  • TJX Cos Inc/The 0.56%
  • Welltower Inc 0.46%
  • Corning Inc 0.46%

Percentages are holdings overlap with the named fund.

Open MGV or SCHV at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.